Data as of Oct 28, 2026.

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VOO vs VOT: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VOO returned +13.7% to VOT's +0.1%; 6% of their weight is in the same names.

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Net assets on Sep 30, 2026: $1.0tn for Vanguard S&P 500 ETF and $19.2bn for Vanguard Morningstar Mid-Cap Growth ETF.

At a glance
+13.7%
VOO total return, 1 year
+0.1%
VOT total return, 1 year
0.03%
VOO expense ratio
0.05%
VOT expense ratio

Pair scorecard

VOO costs 0.02 points a year less; their one-year returns differ by 13.6 points; VOO is far larger, $1.0tn against $19.2bn.

VOO vs VOT: Differences, Returns & Fees
MeasureVOOVOT
Return
Total return, 1 year+13.7%+0.1%
Drawdown
Below its high6.5%, high on Aug 14, 2026
Benchmark
What it tracksS&P 500 IndexMorningstar US Mid Cap Growth Index
Cost and size
Expense ratio0.03%0.05%
Net assets, as of Sep 30, 2026$1.0tn$19.2bn
Holdings
Holdings in common6%
Top ten holdings, share of the fund39.1%21.2%

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

Risk and return

Sep 17, 2010 to Oct 23, 2026 · 840 weekly returns
VOO VOT
Return
Total return edge VOO +804.0% +512.0%
Annualized edge VOO +14.6% +11.9%
Price return edge VOO +575.9% +445.2%
Risk
Volatility edge VOO 15.9% 19.2%
Max drawdown edge VOO −31.8% −36.4%
Risk-adjusted
Sharpe edge VOO 0.84 0.60
Sortino edge VOO 1.22 0.87
Calmar edge VOO 0.46 0.33
Reading

VOO returned more: +804.0% to +512.0%. VOO swung less: 15.9% to 19.2%. VOO fell less at its worst: −31.8% to −36.4%.

Full scorecard

9 measures, with how each is measured
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Risk and return: VOO vs VOT: Differences, Returns & Fees
MeasureVOOVOTEdgeHow it is measured
Return
Total return+804.0%+512.0%VOOPrice change plus distributions, reinvested.
Annualized+14.6%+11.9%VOOTotal return as a yearly rate.
Price return+575.9%+445.2%VOOPrice change alone, distributions left out.
Risk
Volatility15.9%19.2%VOOSpread of weekly returns, annualized. Lower is steadier.
Downside deviation10.9%13.3%VOOLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−31.8%−36.4%VOODeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.840.60VOOReturn above Treasury bills per unit of volatility.
Sortino1.220.87VOOReturn above Treasury bills per unit of downside deviation.
Calmar0.460.33VOOAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 840 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

6%

By the books each fund has filed, VOO and VOT hold 6% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026.

0 half 100%

half

6% in common

Positions both hold · largest shared weight first VOO VOT
Fortinet Inc 0.17% 1.32%
Quanta Services Inc 0.15% 2.28%
Vertiv Holdings Co 0.14% 2.20%
Datadog Inc 0.14% 2.17%
Howmet Aerospace Inc 0.14% 2.13%
Robinhood Markets Inc 0.14% 2.10%
Lumentum Holdings Inc 0.13% 2.06%
Constellation Energy Corp 0.13% 2.02%
Bloom Energy Corp 0.12% 1.83%
Ross Stores Inc 0.11% 1.77%
Motorola Solutions Inc 0.11% 1.74%
Hilton Worldwide Holdings Inc 0.11% 1.69%
Only in one fund ↓
Only in VOO
NVIDIA Corp 8.40%
Apple Inc 7.39%
Microsoft Corp 5.79%
Amazon.com Inc 3.72%
Alphabet Inc 3.07%
Broadcom Inc 2.54%
Alphabet Inc 2.46%
Meta Platforms Inc 2.43%
Only in VOT
Cloudflare Inc 2.65%
Snowflake Inc 1.32%
Astera Labs Inc 1.31%
Rocket Lab Corp 0.98%
Waste Connections Inc 0.92%
CoreWeave Inc 0.80%
Alnylam Pharmaceuticals Inc 0.78%
Atlassian Corp 0.67%
Check overlap with more funds →

Side by side

VOO Vanguard S&P 500 ETF VOT Vanguard Morningstar Mid-Cap Growth ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P 500 Tracks an index
Total return, 1 year +13.7% +0.1%
Its benchmark over the same days +13.7% (IVV) not measured
Gap to its benchmark 0.0 pts vs IVV not measured
Expense ratio 0.03% 0.05%
Already in the S&P 500 99.7% 84.7%
Holdings 507 119
Net assets, as of Sep 30, 2026 $1.0tn $19.2bn

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

Client brief · page 1 of 2 Report BR-6B957A3E77

VOO and VOT do different jobs. What does each one do in a portfolio?

  1. What each follows. VOO follows S&P 500 Index and VOT follows Morningstar US Mid Cap Growth Index.
  2. Holdings in common. 6% 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 VOO returned +13.7% and VOT +0.1% with distributions reinvested, a gap of 13.6 points.

Data as of Oct 28, 2026.

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About each fund
VOO

VOO tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 507 positions, with the top ten at 39.1%.

VOT

VOT tracks an index. Over the year to Oct 28, 2026 it returned +0.1% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 85% of the fund by weight is stocks the S&P 500 also holds, across 119 positions, with the top ten at 21.2%. It sat 6.5% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, VOO or VOT?
In the year to Oct 28, 2026, with distributions reinvested, VOO returned +13.7% and VOT +0.1%.
Which is cheaper, VOO or VOT?
VOO is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do VOO and VOT overlap with the S&P 500?
By their latest filed holdings, 100% of VOO and 85% of VOT by weight is stocks the S&P 500 already holds.
Other comparisons
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ETFIQ, VOO against VOT, data as of Oct 28, 2026. https://etfiq.com/compare/any/voo-vs-vot

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