What are the expense ratios of VOO and VTWO and how do they compare?

VOO has an expense ratio of 0.03%, while VTWO has an expense ratio of 0.06%. This represents a 0.03 percentage point difference. Over time, even small differences in expense ratios can impact long-term investment returns, as fees are deducted from the fund's assets, reducing overall gains for investors.

What indices do VOO and VTWO track and how do they differ?

VOO tracks the S&P 500, which represents large-cap US equities, whereas VTWO tracks the Russell 2000, which focuses on small-cap US equities. The S&P 500 includes larger, established companies, while the Russell 2000 includes smaller, potentially higher growth but more volatile firms. This results in different investment exposures and risk profiles.

What is the dividend yield of VOO compared to VTWO and what does it imply?

VOO provides a dividend yield of 1.03%, while VTWO has a slightly higher yield of 1.13%. Although both are relatively low yields, they are typical for these market cap segments. Yield can be a factor for income-focused investors, but distributions depend on the underlying holdings' payouts.

How do the top holdings of VOO and VTWO differ?

The top holdings of VOO include large-cap names like NVDA, AAPL, and MSFT, with significant concentration in a few stocks. In contrast, VTWO's top holdings, such as FROG and MOG.A, each represent under 1% of the fund's assets. There is no overlap in their listed top ten holdings, indicating very different exposure.

What is a sector and how does it apply to ETF comparisons?

In financial terms, a sector categorises companies by their business activities. The provided data for both VOO and VTWO has 'Sector weights: not available'. Comparing sector allocations helps assess industry exposure differences. For example, a large-cap index may have different sector weights than a small-cap index.

What is the difference in net assets between VOO and VTWO?

VOO manages $1.08 trillion in net assets, compared to $16.9 billion for VTWO. VOO's assets are approximately 64 times larger than VTWO's. Generally, larger asset bases may offer better liquidity and trading volume, though both are established ETFs.

What is the inception date for VOO and VTWO?

VOO was launched on September 7, 2010. VTWO was launched on September 20, 2010. They were both established in 2010, with VOO being available slightly earlier by about two weeks.

How is the concentration of holdings different in VOO and VTWO?

VOO exhibits significant concentration; ten holdings account for over a third of assets, with top positions like NVDA at 8.08% and AAPL at 7.03%. Conversely, VTWO has more diversified holdings, with its top positions each under 1%, reducing reliance on individual stock performance.

What does the term 'Large Blend' and 'Small Blend' mean in fund categorization?

'Large Blend' (like VOO) refers to large-cap stocks mixed with growth and value characteristics. 'Small Blend' (like VTWO) refers to smaller-cap firms with varied styles. These categories guide investors towards typical company sizes and strategies the funds target.

How might investors use VOO and VTWO based on their goals?

VOO, targeting the S&P 500, suits investors seeking exposure to large-cap, established companies with stable, though perhaps lower growth potential. VTWO, targeting the Russell 2000, provides access to smaller companies, potentially offering greater growth opportunities but often with higher volatility.

VOO vs VTWO

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

Compare VOO and VTWO, tracking S&P 500 and Russell 2000. Review 0.03% and 0.06% fees, yields of 1.03% and 1.13%, and $1.08 trillion versus $16.9 billion in assets. Explore holdings, dividends, and market tracking for large blend versus small blend. Educational content, not financial advice.

Fund Snapshot

Key Fund Metrics

VOO

Metric

VTWO

0.03%

Expense Ratio

0.06%

1.03%

Dividend Yield

1.13%

$1.08T

Net Assets

$16.86B

516

Holdings

2,002

Sep 7, 2010

Inception Date

Sep 20, 2010

–

Index Tracked

–

Large Blend

Fund Category

Small Blend

VOO costs about $3.00 less per year for every $10,000 invested.

Shared Top Holdings

These funds do not share any of their top holdings.

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VOO vs VXF

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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 VXUS

VOO vs VXUS: VOO holds 516 US stocks for 0.03% a year, VXUS holds about 8,860 non-US stocks for 0.05%. Compare fees, yield, size and overlap.

Investment Analysis

VOO

Pros

VOO offers an exceptionally low expense ratio of 0.03%.
The fund manages substantial net assets of 1.08 trillion USD.
Investors benefit from a long history dating back to 2010.

Considerations

Returns are driven by US large-cap stock performance.
Concentration in ten names accounts for over a third of assets.
Yield is low, at just 1.03%.

VTWO

Pros

VTWO provides a higher yield of 1.13%.
The expense ratio is a competitive 0.06%.
It offers access to the US small-cap segment.

Considerations

Returns are driven by US small-cap stock performance.
The fund is smaller, with assets of 16.9 billion USD.
Its top holdings are each under 1%, limiting concentration.

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About VOO and VTWO

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.

VTWO (VTWO)

The Vanguard Russell 2000 ETF aims to track the performance of small-cap companies in the United States. With an expense ratio of just 0.06%, it offers a cost-effective way for investors to gain broad exposure to this sector. The fund holds over 2,000 securities, providing diversification across many different small businesses. Since its inception in September 2010, it has grown to manage approximately USD 16.86 billion in net assets. It currently offers a dividend yield of 1.13%, which may fluctuate based on market conditions and company payouts. As with any investment involving small-cap stocks, values can be more volatile than those of larger companies, so it's important to consider your personal risk tolerance. This ETF is designed for general educational purposes to help you understand how small-cap market segments operate within a portfolio.

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VOO vs VTWO

Fund Snapshot