Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VLUE vs VOE: how they differ
VLUE and VOE hold 26% of their weight in the same names, and VLUE returned more over the year.
iShares MSCI USA Value Factor ETF and Vanguard Mid-Cap Value Index Fund.
What they hold in common
By the books each fund has filed, VLUE and VOE hold 26% of their money in the same securities at the same weight.
| Holding | VLUE | VOE |
|---|---|---|
| GENERAL MOTORS COMPANY | 3.16% | 1.21% |
| HEWLETT PACKARD ENTERPRISE COMPANY | 1.30% | 1.04% |
| FORD MOTOR COMPANY | 1.50% | 0.94% |
| TE CONNECTIVITY PUBLIC LIMITED COMPANY | 0.93% | 1.02% |
| PACCAR INC | 0.91% | 1.10% |
| D.R. HORTON, INC. | 0.88% | 0.72% |
| VALERO ENERGY CORPORATION | 0.70% | 1.34% |
| UNITED RENTALS, INC. | 0.69% | 1.23% |
| ON SEMICONDUCTOR CORPORATION | 0.78% | 0.64% |
| NEWMONT CORPORATION | 0.64% | 0.86% |
| ARCHER-DANIELS-MIDLAND COMPANY. | 0.88% | 0.64% |
| SIMON PROPERTY GROUP, INC. | 0.62% | 1.20% |
| Only in VLUE | Only in VOE |
|---|---|
| MICRON TECHNOLOGY, INC. 11.63% | Cummins Inc 1.71% |
| INTEL CORPORATION 9.29% | Marathon Petroleum Corp 1.29% |
| CISCO SYSTEMS, INC. 4.97% | CRH PLC 1.24% |
| APPLIED MATERIALS, INC. 3.67% | SLB Ltd 1.21% |
| VERIZON COMMUNICATIONS INC. 2.66% | Phillips 66 1.18% |
| AT&T INC. 2.53% | Warner Bros Discovery Inc 1.10% |
| CITIGROUP INC. 1.94% | Digital Realty Trust Inc 1.09% |
| WESTERN DIGITAL CORPORATION 1.89% | Allstate Corp/The 1.06% |
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.
| VLUE iShares MSCI USA Value Factor ETF | VOE Vanguard Mid-Cap Value Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | MSCI USA Value Factor | Mid-Cap Value |
| Total return, 1 year | +69.4% | +20.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +51.9 pts | +2.7 pts |
| Expense ratio | 0.15% | 0.05% |
| Already in the S&P 500 | 96.9% | 96.6% |
| Holdings | 148 | 170 |
VLUE in plain words
VLUE is an index equity fund tracking the MSCI USA Value Factor. Over the year to Sep 11, 2026 it returned +69.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 148 positions, with the top ten at 43.6%.
VOE in plain words
VOE is an index equity fund tracking the Mid-Cap Value. Over the year to Sep 11, 2026 it returned +20.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. By its holdings filed for Jun 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 170 positions, with the top ten at 12.7%.
Questions people ask
- Which returned more over the last year, VLUE or VOE?
- In the year to Sep 12, 2026, with distributions reinvested, VLUE returned +69.4% and VOE returned +20.2%, so VLUE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VLUE or VOE?
- VLUE charges 0.15% a year and VOE charges 0.05%, so VOE is cheaper. Fees come from each fund's prospectus.
- How much do VLUE and VOE overlap with the S&P 500?
- By their latest filed holdings, 97% of VLUE and 97% of VOE by weight is stocks the S&P 500 already holds. Between the two funds, 26% of their books are the same securities at the same weight.
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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, VLUE against VOE, data as of Sep 12, 2026. https://etfiq.com/compare/any/VLUE-VOE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources