Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VIG vs VO: how they differ
VIG and VO hold 14% of their weight in the same names.
Vanguard Dividend Appreciation Index Fund and Vanguard Mid-Cap Index Fund.
What they hold in common
By the books each fund has filed, VIG and VO hold 14% of their money in the same securities at the same weight.
| Holding | VIG | VO |
|---|---|---|
| Cummins Inc | 0.42% | 0.95% |
| American Electric Power Co Inc | 0.34% | 0.36% |
| Motorola Solutions Inc | 0.33% | 0.67% |
| Phillips 66 | 0.33% | 0.66% |
| Air Products and Chemicals Inc | 0.30% | 0.32% |
| Aon PLC | 0.30% | 0.33% |
| Travelers Cos Inc/The | 0.30% | 0.34% |
| Comfort Systems USA Inc | 0.29% | 0.68% |
| TE Connectivity PLC | 0.28% | 0.57% |
| Sempra | 0.28% | 0.59% |
| Cencora Inc | 0.27% | 0.51% |
| L3Harris Technologies Inc | 0.27% | 0.53% |
| Only in VIG | Only in VO |
|---|---|
| Broadcom Inc 5.21% | Vertiv Holdings Co 1.23% |
| Apple Inc 4.10% | Western Digital Corp 1.07% |
| Microsoft Corp 3.99% | Seagate Technology Holdings PLC 1.05% |
| JPMorgan Chase & Co 3.61% | Quanta Services Inc 1.05% |
| Eli Lilly & Co 3.36% | Howmet Aerospace Inc 1.04% |
| Exxon Mobil Corp 2.92% | Datadog Inc 0.84% |
| Walmart Inc 2.62% | Bloom Energy Corp 0.79% |
| Johnson & Johnson 2.51% | Constellation Energy Corp 0.78% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.
| VIG Vanguard Dividend Appreciation Index Fund | VO Vanguard Mid-Cap Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | Vanguard |
| What it is | Dividend growth | Mid-Cap |
| Total return, 1 year | +12.4% | +12.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −5.1 pts | −5.5 pts |
| Expense ratio | 0.04% | 0.03% |
| Already in the S&P 500 | 95.7% | 91.4% |
| Holdings | 332 | 282 |
VIG in plain words
VIG is an index equity fund tracking the Dividend growth. Over the year to Sep 11, 2026 it returned +12.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for Apr 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 332 positions, with the top ten at 32.7%.
VO in plain words
VO is an index equity fund tracking the Mid-Cap. Over the year to Sep 11, 2026 it returned +12.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 282 positions, with the top ten at 9.6%. It sat 4.1% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, VIG or VO?
- In the year to Sep 12, 2026, with distributions reinvested, VIG returned +12.4% and VO returned +12.0%, so VIG returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VIG or VO?
- VIG charges 0.04% a year and VO charges 0.03%, so VO is cheaper. Fees come from each fund's prospectus.
- How much do VIG and VO overlap with the S&P 500?
- By their latest filed holdings, 96% of VIG and 91% of VO by weight is stocks the S&P 500 already holds. Between the two funds, 14% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, VIG against VO, data as of Sep 12, 2026. https://etfiq.com/compare/any/VIG-VO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources