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VOO vs VTI

The S&P 500 versus the entire US market — a small but real difference in mid- and small-cap exposure. Here’s how VOO and VTI compare for dividend investors — with a calculator for each so you can model the income yourself.

VOO

Vanguard S&P 500 ETF

Type
Broad-market index ETF
Issuer
Vanguard
Pays
quarterly

VOO tracks the S&P 500, giving exposure to 500 of the largest U.S. companies. Its dividend yield is modest because it is a total-market fund rather than an income product, but its dividend has grown over time alongside corporate earnings.

VOO dividend calculator

VTI

Vanguard Total Stock Market ETF

Type
Broad-market index ETF
Issuer
Vanguard
Pays
quarterly

VTI holds essentially the entire U.S. equity market — large, mid, and small caps. Like VOO it is a growth-and-income fund rather than a high-yield product, so its dividend is modest but broadly diversified.

VTI dividend calculator

How VOO and VTI differ

VOOVOO tracks the S&P 500, giving exposure to 500 of the largest U.S. companies. Its dividend yield is modest because it is a total-market fund rather than an income product, but its dividend has grown over time alongside corporate earnings.

VTIVTI holds essentially the entire U.S. equity market — large, mid, and small caps. Like VOO it is a growth-and-income fund rather than a high-yield product, so its dividend is modest but broadly diversified.

In practice the choice comes down to your goal. VOO suits an investor who wants simple low-cost total-market growth with dividends as a secondary benefit, while VTI suits one who wants simple low-cost total-market growth with dividends as a secondary benefit. The two are not mutually exclusive — plenty of portfolios hold a growth-oriented fund and an income-oriented one together. What matters is matching each to its job and not judging a fund on its headline yield alone.

Rather than compare a single snapshot yield (which moves daily), open each calculator and enter current figures: the VOO calculator and the VTI calculator. To compare long-term compounding head to head, run the same contributions through the dividend reinvestment calculator with each fund’s assumptions.

VOO vs VTI FAQ

What's the main difference between VOO and VTI?
VOO is a broad-market index etf from Vanguard; VTI is a broad-market index etf from Vanguard. The S&P 500 versus the entire US market — a small but real difference in mid- and small-cap exposure.
Does VOO or VTI pay more dividends?
It depends on current figures, which change — use the calculators linked below with each fund's live yield rather than a fixed number. As a rule, higher-yield funds pay more today, while dividend-growth funds start lower and raise the payout over time.
Which is better, VOO or VTI?
Neither is universally better — they suit different goals. VOO fits an investor who wants simple low-cost total-market growth with dividends as a secondary benefit; VTI fits one who wants simple low-cost total-market growth with dividends as a secondary benefit. Match the fund to your objective, time horizon, and tax situation, and consider a licensed advisor.
Can I hold both VOO and VTI?
Many investors do, to blend current income with growth. Just be aware of overlap — if both hold similar large-cap US stocks, you may be less diversified than the two tickers suggest.
See all dividend ETF comparisons →