ETF Versus

VONV vs VTV

Vanguard Russell 1000 Value Index Fund ETF Shares vs Vanguard Value Index Fund ETF Shares

Last updated: 2026-04-02

Vanguard Russell 1000 Value Index Fund ETF Shares (VONV) is an exchange-traded fund that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges a low expense ratio of 0.06%. The fund offers a moderate dividend yield of 1.81%. Launched in 2010, the fund has a 16-year track record.

AUM: $16.8B ER: 0.06% Yield: 1.81% Since: Sep 20, 2010
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 a slightly lower expense ratio (0.03% vs 0.06%), saving about $60 per $10,000 over 10 years. Both funds have delivered similar 1-year returns (14.3% vs 14.1%), tracking closely.

Key Metrics

Metric VONV VTV
Expense Ratio 0.06% 0.03%
Dividend Yield 1.8% 2.0%
Fund Family N/A Vanguard
Category US Large Cap Value US Large Cap Value

Performance Chart

Indexed to 100 at start (5-year comparison)

85 100 115 130 145 160 2021-04 2022-06 2023-09 2024-12 2026-04
VONV +39.4%
VTV +47.7%

Performance Comparison

Period VONV VTV Difference
1 Month -4.56% -4.90% +0.34%
3 Months +1.28% +2.00% -0.72%
6 Months +4.82% +4.87% -0.05%
YTD +1.28% +2.00% -0.72%
1 Year +14.29% +14.12% +0.17%
3 Years +40.36% +41.26% -0.90%
5 Years +39.42% +47.66% -8.24%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period VONV Fees VTV Fees You Save
$10.000 10 years $120 $60 $60
$10.000 20 years $515 $258 $257
$10.000 30 years $1.664 $835 $828
$50.000 10 years $598 $299 $299
$50.000 30 years $8.318 $4.176 $4.142
$100.000 30 years $16.637 $8.352 $8.285

Risk Metrics

Based on 5 years of daily returns

Metric VONV VTV
Annualized Volatility 14.8% 13.9%
Max Drawdown -20.2% -18.1%
Sharpe Ratio 0.22 0.31

Dividend Comparison

Metric VONV VTV
Annual Dividend (per share) $1.71 $3.97
Dividend Yield 1.81% 2.02%
Distribution Frequency Quarterly Quarterly

Top Holdings

7 of top 9 holdings overlap (78% overlap in top holdings)

VONV Top Holdings

NameWeight
Berkshire Hathaway Inc.BRK.B2.90%
JPMorgan Chase & Co.JPM2.39%
Exxon Mobil CorporationXOM2.00%
Johnson & JohnsonJNJ1.86%
Amazon.com, Inc.AMZN1.72%
Alphabet Inc.GOOG1.63%
Walmart Inc.WMT1.56%
Micron Technology, Inc.MU1.43%
The Procter & Gamble CompanyPG1.22%

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...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Either works if...

you just need broad us large cap value exposure. Both are solid options — pick whichever your brokerage offers commission-free.

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