Data as of Oct 28, 2026.

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VOE vs XLP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VOE returned +22.8% to XLP's +13.8%; 8% of their weight is in the same names.

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Net assets: $22.8bn on Sep 30, 2026 for Vanguard Morningstar Mid-Cap Value ETF, and $14.6bn on Oct 27, 2026 for State Street Consumer Staples Select Sector SPDR ETF.

At a glance
+22.8%
VOE total return, 1 year
+13.8%
XLP total return, 1 year
0.05%
VOE expense ratio
0.08%
XLP expense ratio

Pair scorecard

VOE costs 0.03 points a year less; their one-year returns differ by 9.0 points; VOE is 1.7 times larger.

VOE vs XLP: Differences, Returns & Fees
MeasureVOEXLP
Return
Total return, 1 year+22.8%+13.8%
Drawdown
Below its high3.5%, high on Oct 22, 2026
Benchmark
What it tracksMorningstar US Mid Cap Value IndexConsumer Staples Select Sector Index
Cost and size
Expense ratio0.05%0.08%
Net assets, as of Sep 30, 2026$22.8bn$13.4bn
Holdings
Holdings in common8%
Top ten holdings, share of the fund14.0%62.9%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

8%

By the books each fund has filed, VOE and XLP hold 8% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

8% in common

Positions both hold · largest shared weight first VOE XLP
Target Corp 1.21% 3.94%
Keurig Dr Pepper Inc 0.67% 2.83%
Archer-Daniels-Midland Co 0.65% 2.25%
Sysco Corp 0.63% 2.35%
Kroger Co 0.58% 2.24%
Colgate-Palmolive Co 0.58% 4.39%
Kenvue Inc 0.58% 2.23%
Kimberly-Clark Corp 0.55% 2.17%
Dollar General Corp 0.45% 1.67%
Hershey Co 0.39% 1.44%
Dollar Tree Inc 0.34% 1.42%
Kraft Heinz Co 0.32% 1.25%
Only in one fund ↓
Only in VOE
Valero Energy Corp 1.90%
Marathon Petroleum Corp 1.89%
Phillips 66 1.73%
Hewlett Packard Enterprise Co 1.37%
Warner Bros Discovery Inc 1.25%
SLB Ltd 1.23%
Cummins Inc 1.21%
General Motors Co 1.15%
Only in XLP
WALMART INC 11.05%
COSTCO WHOLESALE CORP 9.14%
PROCTER + GAMBLE CO 7.69%
COCA COLA CO 7.34%
PHILIP MORRIS INTERNATIONAL 6.56%
ALTRIA GROUP INC 4.54%
MONDELEZ INTERNATIONAL INC A 4.19%
PEPSICO INC 4.10%
Check overlap with more funds →

Side by side

VOE Vanguard Morningstar Mid-Cap Value ETF XLP State Street Consumer Staples Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Mid-Cap Value Tracks an index of Consumer staples
Total return, 1 year +22.8% +13.8%
Expense ratio 0.05% 0.08%
Already in the S&P 500 96.0% 99.6%
Holdings 169 36
Net assets, VOE as of Sep 30, 2026 and XLP as of Oct 27, 2026 $22.8bn $14.6bn

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

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About each fund
VOE

VOE tracks an index of Mid-Cap Value. Over the year to Oct 28, 2026 it returned +22.8% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 169 positions, with the top ten at 14.0%.

XLP

XLP tracks an index of Consumer staples. Over the year to Oct 28, 2026 it returned +13.8% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 36 positions, with the top ten at 62.9%. It sat 3.5% below its high of Oct 22, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, VOE or XLP?
In the year to Oct 28, 2026, with distributions reinvested, VOE returned +22.8% and XLP +13.8%.
Which is cheaper, VOE or XLP?
VOE is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do VOE and XLP overlap with the S&P 500?
By their latest filed holdings, 96% of VOE and 100% of XLP by weight is stocks the S&P 500 already holds.
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ETFIQ, VOE against XLP, data as of Oct 28, 2026. https://etfiq.com/compare/any/voe-vs-xlp

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