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IVOV vs VOOV

Vanguard S&P Mid-Cap 400 Value ETF

IVOVBNYSE Arca

Vanguard S&P 500 Value ETF

VOOVANYSE Arca

Overlap

Expense ratio

VOOV −0.03pt a year

IVOV0.10%VOOV0.07%

Avg volume · 30D

VOOV 3.3×the volume

IVOV21.1KVOOV69.9K

10Y return · a year

VOOV +1.7pt

IVOV+10.3%VOOV+12.0%

IVOV vs VOOV Performance

Nov 9, 2021 – Nov 9, 2026

+43.4%IVOV+71.5%VOOV

Nov 9, 2021 to Nov 9, 2026. IVOV +43.4%. VOOV +71.5%. Use the arrow keys to read each point.−20%0%20%60%Nov 2021May 2024Nov 2026
Expense ratio
IVOV 0.10%
VOOV 0.07%, better
Fund size
IVOV $1.2B
VOOV $6.6B
1Y total return
IVOV +17.0%
VOOV +17.6%, better
Yield (12M)
IVOV 1.61%
VOOV 1.61%
Holdings
IVOV 304
VOOV 452
Avg volume (30D)
IVOV 21.1K sh
VOOV 69.9K sh, better
NAV per share
IVOV $111.38
VOOV $227.43
52W range

ETF.net Grade

IVOV: Cost 79, Risk 50, Mission 74, Tradability 45, Holdings 79, Durability 77. VOOV: Cost 88, Risk 84, Mission 88, Tradability 52, Holdings 70, Durability 84.
Pillar letters and Scores for IVOV, VOOV, with each pillar’s weight
PillarIVOVVOOV
Cost30% weightA79A88Higher
Mission25% weightA74A88Higher
Risk15% weightC50A84Higher
Tradability15% weightC45C52Higher
Holdings10% weightA79HigherA70
Durability5% weightA77A84Higher

Rank among Other Major Indexes funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. IVOV and VOOV are both graded against the same 41 Other Major Indexes funds, so their Grades compare head to head.

Other Major Indexes⁠

Category · 41 funds
See all 41 ›

VOOV ranks 4th and IVOV 13th of 41 funds in the Other Major Indexes Category.

  1. Rank 1ASPYVState Street SPDR Portfolio S&P 500 Value ETFScore 89
  2. Rank 2ASCHKSchwab 1000 Index ETFScore 86
  3. Rank 3APBUSInvesco MSCI USA ETFScore 83
  4. Rank 4AVOOVVanguard S&P 500 Value ETFScore 80
  5. Rank 5AVOTETCW Transform 500 ETFScore 79
  6. Rank 10BXOEXXtrackers S&P 100 Ex Top 20 ETFScore 69
  7. Rank 13BIVOVVanguard S&P Mid-Cap 400 Value ETFScore 68
  8. Rank 14BRWLInvesco S&P 500 Revenue ETFScore 66

Our read on each fund

ETF.net Research

IVOVBVanguard S&P Mid-Cap 400 Value ETF

VOOVAVanguard S&P 500 Value ETF

In short

IVOV The forgotten middle of the market, priced like an afterthought. IVOV tracks the S&P MidCap 400 Value Index, roughly 300 medium-sized US companies on the value side of the ledger, for 0.10% a year while the typical index wrapper charges far more.

VOOV Vanguard takes the S&P 500, sorts it by value traits, and hands you the cheap half: roughly 400 familiar large caps, one published index, seven basis points. A value tilt without leaving the blue-chip universe.

Stated mandate

IVOV The fund seeks to track the S&P MidCap 400 Value Index, a benchmark of medium-sized U.S. value companies.

VOOV The fund seeks to track the performance of the S&P 500 Value Index.

Why people hold it

  • IVOV Charges 0.10% a year against a 0.45% median for the index funds we grade. Cost is the one edge in indexing you actually control.
  • About 300 medium-sized US value names in one basket, sorted by S&P's published index rules rather than a manager's conviction.vanguard.com
  • Launched in 2010 and now a multi-billion-dollar fund. A settled Vanguard product with a long operating record, not a launch-year experiment.
  • Sits in the upper tier of the index-tracking funds we grade, on cost, portfolio construction and staying power.
  • VOOV Charges 0.07% a year against a 0.45% median for its index-tracker peer group. The value tilt arrives without the usual factor-fund markup.
  • No manager discretion. It follows one published benchmark, the S&P 500 Value Index, holding roughly 400 large-cap names most investors already know.vanguard.com
  • Running since 2010 and now a multi-billion-dollar fund, it sits among the strongest implementations in its peer group of plain index wrappers.

Worth knowing

  • IVOV Thinly traded for a Vanguard fund. Spreads can widen, so limit orders matter more here than with the mega-cap giants.
  • Mid-cap value by design: no mega-cap ballast, and the growthier half of the mid-cap market is screened out. The ride diverges from an S&P 500 fund.vanguard.com
  • Distributions arrive on an annual or semiannual schedule, not monthly, which shapes how income lands in a cash-flow plan.
  • VOOV SPYV tracks the same S&P 500 Value Index for 0.04%. Same benchmark, thinner fee.
  • You own one side of the index. When the growth half of the S&P 500 leads, this fund's path diverges from the headline benchmark.
  • Volume is moderate rather than heavy, so spreads can run wider than the busiest large-cap ETFs. Cash comes back quarterly, not monthly.

Full IVOV profile⁠

Full VOOV profile⁠

IVOV vs VOOV Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IVOV vs VOOV Cost

Overpaying IVOV vs VOOV

$626

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • IVOV 0.10%

    $2,106

  • VOOV 0.07%

    $1,480

$10,000
30 years

Cost over time

  • IVOV 0.10%
  • VOOV 0.07%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K$2K$2.5K051015202530IVOV $2,106VOOV $1,480

Year by year

YearIVOVVOOVOverpaying
10$183$128$55
20$717$503$214
30$2,106$1,480$626

Expense ratio

  • 0.10%IVOV
  • 0.07%VOOV, cheaper
  • Middle half of Other Major Indexes funds
  • Median 0.29%

VOOV 6th cheapest of 41 funds

IVOV 11th cheapest of 41 funds

IVOV vs VOOV Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
IVOV 1.61%
VOOV 1.61%
Payout (12M)
IVOV $1.84
VOOV $3.75
Last payment
IVOV $1.84
VOOV $0.95
Ex-dividend
IVOV Dec 22, 2025
VOOV Sep 23, 2026
Paid on
IVOV Dec 24, 2025
VOOV Sep 25, 2026
Frequency
IVOV Annual
VOOV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IVOVAnnual · 9 paymentsAll IVOV payments⁠
One bar per payment. 9 payments from 2017 to 2026 YTD. Dec 21, 2017 $0.94; Dec 13, 2018 $0.98; Dec 16, 2019 $1.14; Dec 22, 2020 $1.59; Dec 21, 2021 $1.50; Dec 20, 2022 $1.51; Dec 20, 2023 $1.33; Dec 23, 2024 $1.66; Dec 22, 2025 $1.84. Use the arrow keys to read each point.$0$22017202020232026YTD
VOOVQuarterly · 39 paymentsAll VOOV payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.47; Jun 28, 2017 $0.58; Sep 27, 2017 $0.66; Dec 19, 2017 $0.64; Mar 26, 2018 $0.57; Jun 28, 2018 $0.62; Sep 26, 2018 $0.68; Dec 13, 2018 $0.71; Mar 25, 2019 $0.60; Jun 27, 2019 $0.67; Sep 26, 2019 $0.69; Dec 16, 2019 $0.69; Mar 10, 2020 $0.63; Jun 25, 2020 $0.83; Sep 11, 2020 $0.63; Dec 22, 2020 $0.93; Mar 26, 2021 $0.56; Jun 24, 2021 $0.62; Sep 29, 2021 $0.83; Dec 21, 2021 $0.83; Mar 24, 2022 $0.59; Jun 23, 2022 $0.71; Sep 28, 2022 $0.82; Dec 20, 2022 $0.95; Mar 24, 2023 $0.56; Jun 29, 2023 $0.69; Sep 28, 2023 $0.70; Dec 20, 2023 $0.89; Mar 22, 2024 $0.79; Jun 28, 2024 $0.99; Sep 27, 2024 $1.06; Dec 23, 2024 $1.04; Mar 25, 2025 $0.86; Jun 26, 2025 $0.87; Sep 24, 2025 $0.93; Dec 22, 2025 $0.95; Mar 24, 2026 $0.93; Jun 24, 2026 $0.92; Sep 23, 2026 $0.95. Use the arrow keys to read each point.$0$22017202020232026YTD

IVOV vs VOOV Risk

Fall from peak · 5 years

  • IVOV
  • VOOV
Nov 9, 2021 to Nov 9, 2026. Worst fall: IVOV −22.6% · Apr 2025. Use the arrow keys to read each point.−25%−20%−15%−10%−5%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
IVOV 15.9%VOOV 11.8%, better
Return per unit of riskSharpe ratio, 3 years
IVOV 0.82VOOV 1.15, better
Worst fallMax drawdown, 5 years
IVOV −22.6%VOOV −18.1%, better
Market sensitivityBeta, 5 years
IVOV 0.99VOOV 0.84

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