Vanguard S&P 500 ETF (VOO) Performance
VOO total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.4% since Dec 31, 2025
- 1 year
- +14.4% total return
- 5 years
- +12.5% a year
- 10 years
- +15.4% a year
- Since first price
- +14.8% a year since 2010
VOO trailing returns vs SPY, QQQ, AGG
| Period | VOO total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.0% | −1.3% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.2% | +2.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.9% | +7.3% | +7.8% | +8.4% | −1.5% |
| YTD | +12.4% | +11.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.4% | +13.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +87.8%+23.4%/yr | +80.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +79.9%+12.5%/yr | +67.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +318.7%+15.4%/yr | +255.6% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +704.8%+14.9%/yr | +516.5% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionSep 9, 2010 | +822.9%+14.8%/yr | +589.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: VOO vs SPY
From Sep 9, 2010: VOO grew to $92,287, SPY to $91,223.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
VOO returns by calendar year
13 of 15 full years positive. Best 2013 (+32.4%), worst 2022 (−18.2%). 2026 is year to date.
VOO annual returns table
| Year | VOO | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.4% | −8.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +17.8% | −18.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +25.0% | −8.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +26.3% | −10.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −18.2% | −24.5% | −18.2% | −32.6% | −13.0% |
| 2021 | +28.8% | −5.1% | +28.7% | +27.4% | −1.8% |
| 2020 | +18.3% | −34.0% | +18.3% | +48.6% | +7.5% |
| 2019 | +31.4% | −6.6% | +31.2% | +39.0% | +8.5% |
| 2018 | −4.5% | −19.5% | −4.6% | −0.1% | +0.1% |
| 2017 | +21.8% | −2.6% | +21.7% | +32.7% | +3.6% |
| 2016 | +12.2% | −9.2% | +12.0% | +7.1% | +2.4% |
| 2015 | +1.3% | −12.0% | +1.2% | +9.4% | +0.5% |
| 2014 | +13.6% | −7.3% | +13.5% | +19.2% | +6.0% |
| 2013 | +32.4% | −5.6% | +32.3% | +36.6% | −2.0% |
| 2012 | +16.0% | −9.6% | +16.0% | +18.1% | +3.8% |
| 2011 | +1.9% | −18.8% | +1.9% | +3.4% | +7.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
VOO largest drawdowns
Now 2.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2020 | −34.0% | Mar 23, 2020 | Aug 10, 2020 | 33 days | 6 months |
| Jan 3, 2022 | −24.5% | Oct 12, 2022 | Dec 13, 2023 | 9 months | 1.9 years |
| Sep 20, 2018 | −19.5% | Dec 24, 2018 | Apr 12, 2019 | 3 months | 7 months |
| Apr 29, 2011 | −18.8% | Oct 3, 2011 | Feb 3, 2012 | 5 months | 9 months |
| Feb 19, 2025 | −18.7% | Apr 8, 2025 | Jun 26, 2025 | 48 days | 4 months |
| Jul 20, 2015 | −13.0% | Feb 11, 2016 | Apr 18, 2016 | 7 months | 9 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
VOO risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2010 |
|---|---|---|---|---|
| Annualized return | +22.8% | +13.8% | +15.3% | +14.7% |
| Volatility (annualized) | 12.4% | 15.7% | 15.3% | 14.0% |
| Sharpe ratio | 1.38 | 0.68 | 0.86 | 0.95 |
| Sortino ratio | 2.88 | 1.09 | 1.36 | 1.55 |
| Best month | +10.5% | +10.5% | +12.8% | +12.8% |
| Worst month | −5.6% | −9.2% | −12.4% | −12.4% |
| Best 12 months | +38.0% | +38.0% | +56.5% | +56.5% |
| Worst 12 months | +8.3% | −18.2% | −18.2% | −18.2% |
| Positive months | 67% | 62% | 69% | 68% |
| Beta vs S&P 500 | 1.00 | 1.00 | 1.00 | — |
| Correlation with S&P 500 | 1.00 | 1.00 | 1.00 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
VOO rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 182 | −18.2% | +16.0% | +56.5% | 90% |
| 3-year (a year) | 158 | +5.1% | +13.4% | +26.0% | 100% |
| 5-year (a year) | 134 | +6.7% | +13.7% | +18.9% | 100% |
| 10-year (a year) | 74 | +11.1% | +13.5% | +16.6% | 100% |
Every holding period starting at a month-end since 2010. Returns for 3 years and longer are annualized.
VOO performance overview
Vanguard S&P 500 ETF (VOO) returned +14.4% over the past year and +15.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2010 it has returned +14.8% a year, turning $10,000 into about $92,287. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −34.0%, from Feb 19, 2020 to Mar 23, 2020, and it took 5 months to get back to the old high. VOO finished 13 of its 15 full calendar years with a gain; the best year was 2013 (+32.4%) and the worst 2022 (−18.2%). Volatility has been 14.0% a year.
Related: VOO chart, VOO holdings, VOO dividends, VOO valuation. See the VOO overview for the latest quote and fund facts.
VOO performance FAQ
What is the VOO return over the past year?
VOO returned +14.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.1%.
What is the average annual return of VOO?
VOO has returned +12.5% a year over 5 years, +15.4% a year over 10 years, +14.8% a year since September 9, 2010 (total return, distributions reinvested).
How much would $10,000 invested in VOO be worth?
$10,000 invested in VOO at its first recorded close on September 9, 2010 would be worth about $92,287 on October 23, 2026 with distributions reinvested.
What was the worst year for VOO?
The worst calendar year was 2022, with a total return of −18.2%. The best was 2013 at +32.4%.
What is the biggest drawdown of VOO?
The largest peak-to-trough decline was −34.0% between February 19, 2020 and March 23, 2020. It recovered to the old high on August 10, 2020, 5 months after the bottom.
How volatile is VOO?
Over the past 3 years VOO had an annualized volatility of 12.4% and a Sharpe ratio of 1.38 (excess return over 1–3 month T-bills per unit of risk).