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

In the year to Oct 28, 2026, with distributions reinvested, VO returned +12.8% and VTI +13.5%.

Which is cheaper, VO or VTI?

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

How much do VO and VTI overlap with the S&P 500?

By their latest filed holdings, 91% of VO and 88% of VTI by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

VO vs VTI: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VO returned +12.8% to VTI's +13.5%; 15% of their weight is in the same names.

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Net assets on Sep 30, 2026: $103.4bn for Vanguard Morningstar Mid-Cap ETF and $689.2bn for Vanguard Morningstar Total Stock Market ETF.

VO on its own →VTI on its own →

At a glance

+12.8%

VO total return, 1 year

+13.5%

VTI total return, 1 year

0.03%

VO expense ratio

0.03%

VTI expense ratio

Pair scorecard

Both cost 0.03% a year; their one-year returns differ by 0.7 points; VTI is 6.7 times larger.

VO vs VTI: Differences, Returns & Fees
Measure	VO	VTI
Return
Measure	VO	VTI
Total return, 1 year	+12.8%	+13.5%
Drawdown
Measure	VO	VTI
Below its high	3.1%, high on Aug 14, 2026
Benchmark
Measure	VO	VTI
What it tracks	Morningstar US Mid Cap Index (formerly CRSP US Mid Cap Index)	Morningstar US Total Market Index
Cost and size
Measure	VO	VTI
Expense ratio	0.03%	0.03%
Net assets, as of Sep 30, 2026	$103.4bn	$689.2bn
Holdings
Measure	VO	VTI
Holdings in common	15%
Top ten holdings, share of the fund	9.7%	34.7%

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

Risk and return

Feb 6, 2004 to Oct 23, 2026 · 1,185 weekly returns

VO VTI

Return

Total return edge VTI +797.9% +914.8%

Annualized edge VTI (slight) +10.1% +10.7%

Price return edge VTI (slight) +546.9% +576.8%

Risk

Volatility edge VTI (slight) 19.6% 17.6%

Max drawdown edge VTI (slight) −58.4% −54.8%

Risk-adjusted

Sharpe edge VTI 0.50 0.56

Sortino edge VTI 0.71 0.80

Calmar edge VTI 0.17 0.20

Reading

VTI returned more: +914.8% to +797.9%. VTI swung slightly less: 17.6% to 19.6%. VTI fell slightly less at its worst: −54.8% to −58.4%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: VO vs VTI: Differences, Returns & Fees
Measure	VO	VTI	Edge	How it is measured
Return
Total return	+797.9%	+914.8%	VTI	Price change plus distributions, reinvested.
Annualized	+10.1%	+10.7%	VTI (slight)	Total return as a yearly rate.
Price return	+546.9%	+576.8%	VTI (slight)	Price change alone, distributions left out.
Risk
Volatility	19.6%	17.6%	VTI (slight)	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	13.8%	12.5%	VTI (slight)	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−58.4%	−54.8%	VTI (slight)	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.50	0.56	VTI	Return above Treasury bills per unit of volatility.
Sortino	0.71	0.80	VTI	Return above Treasury bills per unit of downside deviation.
Calmar	0.17	0.20	VTI	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,185 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

15%

By the books each fund has filed, VO and VTI hold 15% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026.

50%

0 half 100%

half

15% in common

Positions both hold · largest shared weight first VO VTI

Newmont Corp 0.60% 0.17%

Cloudflare Inc 1.11% 0.15%

Snowflake Inc 0.55% 0.15%

Fortinet Inc 0.55% 0.15%

Marathon Petroleum Corp 1.10% 0.15%

Valero Energy Corp 1.10% 0.15%

Phillips 66 1.01% 0.14%

Quanta Services Inc 0.95% 0.13%

Vertiv Holdings Co 0.92% 0.13%

Datadog Inc 0.91% 0.12%

Howmet Aerospace Inc 0.89% 0.12%

Johnson Controls International plc 0.45% 0.12%

Only in one fund ↓

Only in VO

Only in VTI

NVIDIA Corp 7.14%

Apple Inc 6.63%

Microsoft Corp 5.20%

Amazon.com Inc 3.30%

Alphabet Inc 2.76%

Broadcom Inc 2.28%

Meta Platforms Inc 2.18%

Alphabet Inc 2.18%

Check overlap with more funds →

Side by side

VO Vanguard Morningstar Mid-Cap ETF VTI Vanguard Morningstar Total Stock Market ETF

Where it sits Stock ETF Stock ETF

Issuer Vanguard Vanguard

What it is Tracks an index of Mid-Cap Tracks an index of US total market

Total return, 1 year +12.8% +13.5%

Expense ratio 0.03% 0.03%

Already in the S&P 500 91.1% 88.1%

Holdings 273 3521

Net assets, as of Sep 30, 2026 $103.4bn $689.2bn

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

Client brief · page 1 of 2 Report BR-25198D14BC

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

What each follows. VO follows Morningstar US Mid Cap Index (formerly CRSP US Mid Cap Index) and VTI follows Morningstar US Total Market Index.
Holdings in common. 15% of the weight is in the same securities (holdings dated Sep 30, 2026).
Number of holdings. VO holds 273 positions and VTI holds 3521.

Data as of Oct 28, 2026.

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About each fund

VO tracks an index of Mid-Cap. Over the year to Oct 28, 2026 it returned +12.8% with distributions reinvested. The prospectus expense ratio is 0.03% a year. 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.

VTI

VTI tracks an index of US total market. Over the year to Oct 28, 2026 it returned +13.5% with distributions reinvested. By its holdings published by its issuer as of Sep 30, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 3,521 positions, with the top ten at 34.7%.

Questions people ask

Which returned more over the last year, VO or VTI?: In the year to Oct 28, 2026, with distributions reinvested, VO returned +12.8% and VTI +13.5%.
Which is cheaper, VO or VTI?: Neither: VO and VTI both charge 0.03% a year. Fees come from each fund's prospectus.
How much do VO and VTI overlap with the S&P 500?: By their latest filed holdings, 91% of VO and 88% of VTI by weight is stocks the S&P 500 already holds.

Other comparisons

VO vs VOO SCHB vs VO DYNF vs VO SPHQ vs VO IJH vs VTI MDY vs VTI FTGS vs VTI VTI vs VXF

Where to next

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

Sources and dates

VO and VTI filings on SEC EDGAR ↗

VO and VTI prospectus with the expense ratio (SEC) ↗

Vanguard page for VO ↗

Vanguard page for VTI ↗

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

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