What are VOO and VTV?

VOO is the S&P 500 Vanguard ETF, a large blend fund tracking US large-cap equities, with net assets of $1.08 trillion. VTV is the Vanguard Value ETF, a large value fund focusing on undervalued large-cap stocks, with net assets of $191.1 billion. Both have an expense ratio of 0.03% and track different market segments.

How do expense ratios affect returns?

The expense ratio is the annual fee charged by a fund, which directly reduces net returns to investors. For example, a 0.50% expense ratio means an investor pays 50 cents for every $100 invested annually. Over decades, lower fees can significantly enhance compounded growth. Always consider this when comparing funds.

What is dividend yield?

Dividend yield measures the annual dividends paid by a stock or fund relative to its current price. It is calculated by dividing the annual dividend per share by the current share price, then multiplying by 100 to get a percentage. This metric helps investors assess income potential. Higher yields may indicate stable income, while lower yields could suggest growth focus. Always consider the fund’s overall strategy when evaluating dividend yields.

What do VOO and VTV track?

VOO aims to mirror the S&P 500, reflecting large blend US equities. VTV tracks a large value index, focusing on undervalued large-cap stocks. While both target US markets, VOO provides broader exposure, including growth stocks like NVDA and AAPL. VTV concentrates on value sectors, with holdings such as MU and JPM. Understanding these differences helps in selecting the appropriate fund based on investment goals and market conditions.

How do the fees compare between VOO and VTV?

Both funds have an identical expense ratio of 0.03%, meaning neither incurs a higher direct cost over time. This low fee level enhances long-term returns by minimising deductions from your investment capital. Since the difference in percentage points is 0%, the choice should depend on other factors like investment strategy and market exposure rather than cost alone.

Do VOO and VTV have overlapping holdings?

The top ten holdings for each fund are distinct, with only one common holding in MU. This minimal overlap suggests they cater to different investment strategies. VOO focuses on broad market exposure, while VTV targets value stocks. Such differences imply varied risk-return profiles, making it essential to understand your portfolio’s overall composition when choosing between these funds.

What are the dividend yields for VOO and VTV?

VOO offers a dividend yield of 1.03%, which is relatively modest. In contrast, VTV provides a higher yield of 1.85%, making it more attractive for income-focused investors. These yields reflect the different types of companies each fund invests in; VOO includes growth-oriented tech firms, while VTV focuses on established value stocks. Distributions from ETFs are typically paid quarterly and can vary based on the underlying holdings’ performance and payout policies.

What is the difference between large blend and large value?

Large blend refers to a mix of growth and value stocks within the large-cap sector, providing broad market exposure. Large value focuses on companies deemed undervalued, often with stable earnings and dividends. Understanding these categories helps investors align their portfolios with specific market expectations. Large blend may capture both upside and downside of the market, while large value might offer defensive characteristics in certain economic cycles.

How does VOO’s concentration compare to VTV?

VOO has a higher concentration in tech stocks, with NVDA at 8.08% and AAPL at 7.03%. This can lead to greater volatility compared to VTV, which is more diversified across various sectors like financials and energy. However, VOO’s net assets of $1.08 trillion indicate strong liquidity and market presence, whereas VTV, with $191.1 billion, might see lower trading volumes. Investors should consider their risk tolerance and investment goals when choosing between these funds.

Which fund is better for income investing?

For income-focused investors, VTV may be preferable due to its higher dividend yield of 1.85%. It also includes well-established companies like JPM and BRK.B, which often pay consistent dividends. VOO, with a 1.03% yield, focuses more on capital appreciation through tech giants. The choice depends on whether you prioritise regular income or potential growth.

What is the significance of VOO’s inception date?

VOO’s inception date of Sep 7, 2010, means it is a relatively newer fund compared to VTV, which started in 2004. Although VOO offers extensive liquidity and exposure to modern market dynamics, its shorter track record provides less historical performance data. Investors considering fund stability and historical analysis might prefer the longer-established VTV, which has weathered more market cycles.

Does this comparison constitute financial advice?

No, this comparison is educational and does not constitute financial advice. Always conduct independent research and consider your personal financial situation when making investment decisions.

VOO vs VTV

Two funds, one decision: we compare cost, performance and what each ETF actually holds in October 2026.

Compare VOO, the S&P 500 Vanguard ETF, with VTV, the Vanguard Value ETF. This page reviews fees, holdings, dividends, and how each fund tracks its market. Both share a 0.03% expense ratio, yet differ in asset base and income. Educational content, not financial advice.

Fund Snapshot

Key Fund Metrics

VOO

Metric

VTV

0.03%

Expense Ratio

0.03%

1.03%

Dividend Yield

1.85%

$1.08T

Net Assets

$191.07B

516

Holdings

319

Sep 7, 2010

Inception Date

Jan 26, 2004

–

Index Tracked

–

Large Blend

Fund Category

Large Value

Both funds charge the same annual fee.

Shared Top Holdings

Holding	VOO	VTV
MUMicron Technology, Inc.	1.63%	3.94%

Discover More Comparisons

VOO vs VXF

Compare VOO vs VXF on fees, holdings and dividends. VOO is 0.03%, VXF 0.05%. Both yield 1.03%. Shared top-10 holdings are none. Index tracking unavailable.

VOO vs VUG

Compare VOO and VUG. Examine 0.03% expense ratios, dividend yields, top holdings and market segment tracking to understand their structural differences.

VOO vs VPU

Compare VOO and VPU. Review fees, holdings, dividends, and tracking data. Neutral analysis of US large blend and utilities ETFs for investor research.

Investment Analysis

VOO

Pros

VOO charges a low expense ratio of 0.03 percent.
It manages vast net assets of 1.08 trillion dollars.
It offers broad exposure to large blend US equities.

Considerations

The dividend yield is relatively modest at 1.03 percent.
Concentration risk exists with NVDA and AAPL holding significant weights.
The fund's inception date in 2010 is shorter than VTV's.

VTV

Pros

VTV provides a higher dividend yield of 1.85 percent.
It has a longer track record with an inception date in 2004.
The expense ratio is equally low at 0.03 percent.

Considerations

It is a large value fund rather than broad market blend.
Concentration in top holdings like MU and JPM limits diversification.
Net assets are smaller at 191.1 billion dollars.

Related Market Insights

The Tokenisation Revolution: Why Global Asset Access Is About to Change Everything

Explore the Tokenisation Revolution Neme. Invest in companies building infrastructure for global asset access, fractional ownership, and borderless finance.

Aimee Silverwood | Financial Analyst

25 July 2025

Read Insight

Related Market Insights

The Tokenisation Revolution: Why Global Asset Access Is About to Change Everything

Explore the Tokenisation Revolution Neme. Invest in companies building infrastructure for global asset access, fractional ownership, and borderless finance.

Aimee Silverwood | Financial Analyst

25 July 2025

Read Insight

About VOO and VTV

VOO (VOO)

VOO is Vanguard’s exchange-traded fund designed to track the S&P 500 Index, offering broad exposure to about 500 of the largest publicly traded US companies. It aims to replicate the index’s performance minus fees by holding the same stocks in similar proportions, making it a straightforward, passive way to access large‑cap US equities. Investors commonly use VOO as a core holding for long‑term growth or as a simple building block in a diversified portfolio. It typically offers high liquidity and regular dividend distributions from underlying companies. As with any equity investment, VOO’s value can rise or fall with the market, and past performance is not a guide to future returns. Fees, trading costs and potential tracking error reduce returns slightly. This information is general and educational only and not personalised financial advice — consider your own circumstances or speak to a qualified adviser before investing.

VTV (VTV)

The Vanguard Value ETF (VTV) is a large-cap value fund designed to track the performance of US large-capitalisation companies considered to have value characteristics. Launched in January 2004, it currently holds a diverse portfolio of 319 stocks. With a very low expense ratio of just 0.03%, it offers investors a cost-effective way to access established US companies that may be trading at lower prices relative to their fundamental metrics. The fund has accumulated net assets of approximately USD 191.07 billion, indicating significant liquidity and investor confidence. It currently provides a dividend yield of 1.85%. While value strategies can offer potential advantages during market rotations, like all investments, the value of shares can fall as well as rise, and returns are not guaranteed. This fund is generally suitable for investors seeking diversified exposure to the US large-cap value segment as part of a broader portfolio strategy.

Which Baskets Do They Appear In?

Tokenized World: Global Asset Access

Invest in companies revolutionizing how we access global assets through blockchain technology. These carefully selected stocks represent leaders enabling the tokenization of real-world assets, from trading platforms to the infrastructure that makes it all possible.

Published: 1 July 2025

Explore Basket

Which Baskets Do They Appear In?

Tokenized World: Global Asset Access

Published: 1 July 2025

Explore Basket

Buy VOO or VTV in Nemo

🆓

Zero Commission

Trade stocks, ETFs, and more with zero commission. Keep more of your returns.

🔒

Trusted & Regulated

Part of Exinity Group 2015, serving over a million customers globally.

💰

6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

VOO vs VTV

Fund Snapshot