Which returned more over the last year, VGSH or VO?

In the year to Oct 28, 2026, with distributions reinvested, VGSH returned +1.7% and VO +12.8%.

Which is cheaper, VGSH or VO?

Neither: VGSH and VO both charge 0.03% a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

VGSH vs VO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VGSH returned +1.7% to VO's +12.8%; 0% of their weight is in the same names.

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Net assets on Sep 30, 2026: $35.1bn for Vanguard Short-Term Treasury ETF and $103.4bn for Vanguard Morningstar Mid-Cap ETF.

VGSH on its own →VO on its own →

At a glance

+1.7%

VGSH total return, 1 year

+12.8%

VO total return, 1 year

0.03%

VGSH expense ratio

0.03%

VO expense ratio

Pair scorecard

Both cost 0.03% a year; their one-year returns differ by 11.1 points; VO is 2.9 times larger.

Points (pts) are percentage points.

VGSH vs VO: Differences, Returns & Fees
Measure	VGSH	VO
Return
Measure	VGSH	VO
Total return, 1 year	+1.7%	+12.8%
Drawdown
Measure	VGSH	VO
Below its high		3.1%, high on Aug 14, 2026
Benchmark
Measure	VGSH	VO
What it tracks	Bloomberg U.S. Treasury 1-3 Year Index	Morningstar US Mid Cap Index (formerly CRSP US Mid Cap Index)
Cost and size
Measure	VGSH	VO
Expense ratio	0.03%	0.03%
Net assets, as of Sep 30, 2026	$35.1bn	$103.4bn
Holdings
Measure	VGSH	VO
Holdings in common	0%
In the S&P 500, by weight		91%
Top ten holdings, share of the fund		9.7%

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

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first VGSH VO

MKTLIQ 0.20% 0.17%

Only in one fund ↓

Only in VGSH

United States Treasury Note/Bond 2.07%

United States Treasury Note/Bond 1.43%

United States Treasury Note/Bond 1.39%

United States Treasury Note/Bond 1.37%

United States Treasury Note/Bond 1.35%

United States Treasury Note/Bond 1.34%

United States Treasury Note/Bond 1.33%

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

VGSH Vanguard Short-Term Treasury ETF VO Vanguard Morningstar Mid-Cap ETF

Where it sits Bond ETF Stock ETF

Issuer Vanguard Vanguard

What it is Tracks an index of Short-Term Treasury Tracks an index of Mid-Cap

Total return, 1 year +1.7% +12.8%

Its benchmark over the same days +1.8% (SCHO) not measured

Gap to its benchmark −0.1 pts vs SCHO not measured

Expense ratio 0.03% 0.03%

Holdings 93 273

Net assets, as of Sep 30, 2026 $35.1bn $103.4bn

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

Alert

About each fund

VGSH

VGSH tracks an index of Short-Term Treasury. Over the year to Oct 28, 2026 it returned +1.7% with distributions reinvested, against +1.8% for its benchmark, the Bloomberg U.S. Treasury 1-3 Year Index. The prospectus expense ratio is 0.03% a year.

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, VGSH or VO?: In the year to Oct 28, 2026, with distributions reinvested, VGSH returned +1.7% and VO +12.8%.
Which is cheaper, VGSH or VO?: Neither: VGSH and VO both charge 0.03% a year. Fees come from each fund's prospectus.

Other comparisons

IJH vs VGSH MDY vs VGSH MOAT vs VGSH VGSH vs VXF SHY vs VO IEI vs VO JAAA vs VO IUSB vs VO

Where to next

VGSH on its own →VO on its own →Hold both: look the portfolio through →Rankings →VGSH dividend history →VGSH holdings →VO dividend history →VO holdings →Standards and sources →

Sources and dates

VGSH filings on SEC EDGAR ↗

VGSH prospectus with the expense ratio (SEC) ↗

Vanguard page for VGSH ↗

VO filings on SEC EDGAR ↗

VO prospectus with the expense ratio (SEC) ↗

Vanguard page for VO ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, VGSH against VO, data as of Oct 28, 2026. https://etfiq.com/compare/any/vgsh-vs-vo

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