Data as of Oct 28, 2026.

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BSV vs VO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BSV returned +1.0% to VO's +12.8%; 0% of their weight is in the same names.

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Net assets on Sep 30, 2026: $45.4bn for Vanguard Short-Term Bond ETF and $103.4bn for Vanguard Morningstar Mid-Cap ETF.

At a glance
+1.0%
BSV total return, 1 year
+12.8%
VO total return, 1 year
0.03%
BSV expense ratio
0.03%
VO expense ratio

Pair scorecard

Both cost 0.03% a year; their one-year returns differ by 11.8 points; VO is 2.3 times larger.

BSV vs VO: Differences, Returns & Fees
MeasureBSVVO
Return
Total return, 1 year+1.0%+12.8%
Drawdown
Below its high3.1%, high on Aug 14, 2026
Benchmark
What it tracksBloomberg U.S. 1-5 Year Government/Credit Float Adjusted IndexMorningstar US Mid Cap Index (formerly CRSP US Mid Cap Index)
Cost and size
Expense ratio0.03%0.03%
Net assets, as of Sep 30, 2026$45.4bn$103.4bn
Holdings
Holdings in common0%
In the S&P 500, by weight91%
Top ten holdings, share of the fund9.7%

Holdings in common uses holdings dated Sep 30, 2026. Method

Risk and return

Apr 20, 2007 to Oct 23, 2026 · 1,018 weekly returns
BSV VO
Return
Total return edge VO +60.9% +448.6%
Annualized edge VO +2.5% +9.1%
Price return edge VO +2.0% +309.9%
Risk
Volatility edge BSV 2.3% 20.4%
Max drawdown edge BSV −8.1% −58.4%
Risk-adjusted
Sharpe edge VO 0.40 0.45
Sortino edge VO (slight) 0.58 0.64
Calmar edge BSV 0.30 0.16
Reading

VO returned more: +448.6% to +60.9%. BSV swung less: 2.3% to 20.4%. BSV fell less at its worst: −8.1% to −58.4%.

Full scorecard

9 measures, with how each is measured
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Risk and return: BSV vs VO: Differences, Returns & Fees
MeasureBSVVOEdgeHow it is measured
Return
Total return+60.9%+448.6%VOPrice change plus distributions, reinvested.
Annualized+2.5%+9.1%VOTotal return as a yearly rate.
Price return+2.0%+309.9%VOPrice change alone, distributions left out.
Risk
Volatility2.3%20.4%BSVSpread of weekly returns, annualized. Lower is steadier.
Downside deviation1.6%14.5%BSVLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−8.1%−58.4%BSVDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.400.45VOReturn above Treasury bills per unit of volatility.
Sortino0.580.64VO (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.300.16BSVAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,018 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, BSV and VO hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BSV VO
MKTLIQ 0.44% 0.17%
Only in one fund ↓
Only in BSV
United States Treasury Note/Bond 1.70%
United States Treasury Note/Bond 1.32%
United States Treasury Note/Bond 1.09%
United States Treasury Note/Bond 0.86%
United States Treasury Note/Bond 0.86%
United States Treasury Note/Bond 0.83%
United States Treasury Note/Bond 0.83%
United States Treasury Note/Bond 0.78%
Only in VO
Cloudflare Inc 1.11%
Valero Energy Corp 1.10%
Marathon Petroleum Corp 1.10%
Phillips 66 1.01%
Quanta Services Inc 0.95%
Vertiv Holdings Co 0.92%
Datadog Inc 0.91%
Howmet Aerospace Inc 0.89%
Check overlap with more funds →

Side by side

BSV Vanguard Short-Term Bond ETF VO Vanguard Morningstar Mid-Cap ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of Short-Term Bond Tracks an index of Mid-Cap
Total return, 1 year +1.0% +12.8%
Expense ratio 0.03% 0.03%
Holdings 3157 273
Net assets, as of Sep 30, 2026 $45.4bn $103.4bn

BSV and VO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-9C2AB842FC

BSV and VO do different jobs. What does each one do in a portfolio?

  1. What each follows. BSV follows Bloomberg U.S. 1-5 Year Government/Credit Float Adjusted Index and VO follows Morningstar US Mid Cap Index (formerly CRSP US Mid Cap Index).
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 BSV returned +1.0% and VO +12.8% with distributions reinvested, a gap of 11.8 points.

Data as of Oct 28, 2026.

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About each fund
BSV

BSV tracks an index of Short-Term Bond. Over the year to Oct 28, 2026 it returned +1.0% with distributions reinvested. The prospectus expense ratio is 0.03% a year.

VO

VO tracks an index of Mid-Cap. Over the year to Oct 28, 2026 it returned +12.8% with distributions reinvested. By its holdings published by its issuer as of Sep 30, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 273 positions, with the top ten at 9.7%. It sat 3.1% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BSV or VO?
In the year to Oct 28, 2026, with distributions reinvested, BSV returned +1.0% and VO +12.8%.
Which is cheaper, BSV or VO?
Neither: BSV and VO both charge 0.03% a year. Fees come from each fund's prospectus.
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ETFIQ, BSV against VO, data as of Oct 28, 2026. https://etfiq.com/compare/any/bsv-vs-vo

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.