ETF Versus

VO vs VTV

Vanguard Mid-Cap Index Fund ETF Shares vs Vanguard Value Index Fund ETF Shares

Last updated: 2026-04-02

VO Vanguard

Vanguard Mid-Cap Index Fund ETF Shares (VO) is an exchange-traded fund issued by Vanguard that provides exposure to mid-cap U.S. companies balancing growth potential and stability. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.50%. Launched in 2004, the fund has a 22-year track record.

AUM: $90.7B ER: 0.03% Yield: 1.50% Since: Jan 26, 2004
VTV Vanguard

Vanguard Value Index Fund ETF Shares (VTV) is an exchange-traded fund issued by Vanguard that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 2.02%. Launched in 2004, the fund has a 22-year track record.

AUM: $162.0B ER: 0.03% Yield: 2.02% Since: Jan 26, 2004

Quick Verdict

VTV has edged ahead over the past year (14.1% vs 11.4%). Income investors may prefer VTV for its higher yield (2.0% vs 1.5%).

Key Metrics

Metric VO VTV
Expense Ratio 0.03% 0.03%
Dividend Yield 1.5% 2.0%
Fund Family Vanguard Vanguard
Category US Mid Cap US Large Cap Value

Performance Chart

Indexed to 100 at start (5-year comparison)

80 96 112 128 144 160 2021-04 2022-06 2023-09 2024-12 2026-04
VO +27.8%
VTV +47.7%

Performance Comparison

Period VO VTV Difference
1 Month -5.54% -4.90% -0.64%
3 Months -1.24% +2.00% -3.24%
6 Months -2.10% +4.87% -6.97%
YTD -1.24% +2.00% -3.24%
1 Year +11.38% +14.12% -2.74%
3 Years +37.24% +41.26% -4.02%
5 Years +27.84% +47.66% -19.82%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period VO Fees VTV Fees You Save
$10.000 10 years $60 $60 $0
$10.000 20 years $258 $258 $0
$10.000 30 years $835 $835 $0
$50.000 10 years $299 $299 $0
$50.000 30 years $4.176 $4.176 $0
$100.000 30 years $8.352 $8.352 $0

Risk Metrics

Based on 5 years of daily returns

Metric VO VTV
Annualized Volatility 17.6% 13.9%
Max Drawdown -28.6% -18.1%
Sharpe Ratio 0.11 0.31

Dividend Comparison

Metric VO VTV
Annual Dividend (per share) $4.33 $3.97
Dividend Yield 1.50% 2.02%
Distribution Frequency Quarterly Quarterly

Top Holdings

0 of top 10 holdings overlap (0% overlap in top holdings)

VO Top Holdings

NameWeight
Newmont CorporationNEM1.46%
Corning IncorporatedGLW1.20%
Howmet Aerospace Inc.HWM1.09%
Constellation Energy CorporationCEG1.06%
Vertiv Holdings CoVRT0.99%
Western Digital CorporationWDC0.99%
Seagate Technology Holdings plcSTX0.90%
Quanta Services, Inc.PWR0.87%
Cummins Inc.CMI0.83%
CRH plcCRH0.83%

VTV Top Holdings

NameWeight
Berkshire Hathaway Inc.BRK.B3.07%
JPMorgan Chase & Co.JPM2.98%
Exxon Mobil CorporationXOM2.50%
Johnson & JohnsonJNJ2.33%
Walmart Inc.WMT2.18%
Micron Technology, Inc.MU1.81%
AbbVie Inc.ABBV1.60%
The Procter & Gamble CompanyPG1.52%
The Home Depot, Inc.HD1.47%
Chevron CorporationCVX1.39%

Which One Should You Choose?

Choose VTV if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose VTV if...

you prioritize dividend income and want higher regular distributions from your portfolio.

Related Comparisons