skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. VOO: Hi, As VFV is based entirely on VOO, why do they have different growth? [Vanguard S&P 500 ETF]
You can view 1 more answer this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi,

As VFV is based entirely on VOO, why do they have different growth? VOO is up 5% in the last 6 months, whereas VFV is flat over 6 months? I'd like to invest in VFV but not with 5% discrepancies?
Asked by Graeme on July 01, 2025
5i Research Answer:

The answer lies in currency movements, since VOO trades in US$ and VFV in C$. The Canadian dollar has been quite strong this year, and is up 5.4% vs the US dollar and this accounts for the difference. 

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in VFV.