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Dividend Vision

ETF Comparison

VIG vs VTV: Which Is the Better Pick in 2026?

A head-to-head comparison of Vanguard Dividend Appreciation Index Fund ETF Shares and Vanguard Value ETF covering yield, cost, risk, and income potential.

Data updated April 5, 2026

Side-by-side snapshot

VIGVTV
Full nameVanguard Dividend Appreciation Index Fund ETF SharesVanguard Value ETF
IssuerVanguardVanguard
Price$215.68$196.67
Distribution yield1.56%1.88%
Expense ratio0.04%0.03%
AUM$123.8B$238.5B
Distribution frequencyQuarterlyQuarterly
Underlying indexBasket (Vanguard Dividend Appreciation ETF holdings)CRSP US Large Cap Value Index
ObjectiveSeeks to track the performance of the S&P U.S. Dividend Growers Index, which consists of common stocks of companies that have a record of at least 10 years of increasing regular cash dividend payments.Provide exposure to the fund's underlying index or strategy per issuer materials.
Asset classEquityEquity
Inception date04/21/200601/26/2004
Beta0.810.76
Last dividend$0.83$1.08
Ex-dividend date03/27/202603/27/2026

Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Quick verdict

VIG (Vanguard Dividend Appreciation Index Fund ETF Shares) and VTV (Vanguard Value ETF) are both popular quarterly-pay seeks to track the performance of the s&p u.s. dividend growers index, which consists of common stocks of companies that have a record of at least 10 years of increasing regular cash dividend payments. ETFs, but they take different approaches.

VTV offers the higher yield at 1.88% vs 1.56% for VIG. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.

VTV is cheaper with an expense ratio of 0.03% compared to 0.04%.

They track different benchmarks: VIG is linked to Basket (Vanguard Dividend Appreciation ETF holdings) while VTV tracks CRSP US Large Cap Value Index, which means their performance drivers differ.

VTV is the larger fund by assets ($238.5B), which generally means tighter spreads and better liquidity.

Deep dive

Yield & income

On a $10,000 investment, VIG would generate roughly $13.00/month while VTV would produce $15.67/month at current distribution rates. Both pay quarterly distributions.

VIG yield1.56%
VTV yield1.88%
Monthly diff on $10K$2.67

Cost & efficiency

Over 10 years on $10,000, VIG would cost approximately $40 in fees vs $30 for VTV (simplified, not compounded). The $10.00 difference may be offset by yield or performance.

VIG ER0.04%
VTV ER0.03%

Strategy & risk

VIG tracks Basket (Vanguard Dividend Appreciation ETF holdings) with a seeks to track the performance of the s&p u.s. dividend growers index, which consists of common stocks of companies that have a record of at least 10 years of increasing regular cash dividend payments. approach, while VTV tracks CRSP US Large Cap Value Index using a provide exposure to the fund's underlying index or strategy per issuer materials. strategy. Beta is 0.81 for VIG and 0.76 for VTV, indicating VTV is less volatile relative to the market.

VIG beta0.81
VTV beta0.76

Fund details

VIG is managed by Vanguard (launched 04/21/2006) with $123.8B in assets. VTV is managed by Vanguard (launched 01/26/2004) with $238.5B in assets.

VIG AUM$123.8B
VTV AUM$238.5B

Income calculator

See how much monthly income a hypothetical investment would generate in each ETF at current yields.

Frequently asked questions

Is VIG or VTV better for dividend income?

It depends on your goals. VTV currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.

What is the difference between VIG and VTV?

VIG (Vanguard Dividend Appreciation Index Fund ETF Shares) tracks Basket (Vanguard Dividend Appreciation ETF holdings) with a seeks to track the performance of the s&p u.s. dividend growers index, which consists of common stocks of companies that have a record of at least 10 years of increasing regular cash dividend payments. strategy, while VTV (Vanguard Value ETF) tracks CRSP US Large Cap Value Index with a provide exposure to the fund's underlying index or strategy per issuer materials. approach. They are issued by Vanguard and Vanguard respectively.

Can I hold both VIG and VTV?

Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.

Which has lower fees, VIG or VTV?

VIG has an expense ratio of 0.04% while VTV charges 0.03%. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in VIG vs VTV generate?

At current yields, $10,000 in VIG would generate roughly $13.00 per month ($156.00 annually). The same in VTV would produce about $15.67 per month ($188.00 annually).

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