VOO Calculator with DRIP
See what happens when you reinvest Vanguard S&P 500 ETF (VOO) dividends instead of taking them as cash — year by year, with your own assumptions.
Investment Parameters
Results
This chart visualizes the power of dividend reinvestment over time. The green line shows portfolio growth with DRIP, the blue line shows growth without DRIP, and the gray dashed line represents your total contributions.
Year-by-Year Results
Yield on cost = dividends reinvested in that year ÷ total contributions so far. It shows how much income your original money is producing, and it rises over time even when the dividend yield you entered stays the same.
| Year | Portfolio value (with DRIP) | Portfolio value (without DRIP) | Dividends reinvested that year | Total contributions | Yield on cost |
|---|---|---|---|---|---|
| Year 1 | $14,382.00 | $14,280.00 | $102.00 | $13,600.00 | 0.75% |
| Year 2 | $19,106.67 | $18,851.04 | $146.70 | $17,200.00 | 0.85% |
| Year 3 | $24,200.81 | $23,732.91 | $194.89 | $20,800.00 | 0.94% |
| Year 4 | $29,693.32 | $28,946.75 | $246.85 | $24,400.00 | 1.01% |
| Year 5 | $35,615.34 | $34,515.13 | $302.87 | $28,000.00 | 1.08% |
| Year 6 | $42,000.45 | $40,462.16 | $363.28 | $31,600.00 | 1.15% |
| Year 7 | $48,884.89 | $46,813.58 | $428.40 | $35,200.00 | 1.22% |
| Year 8 | $56,307.69 | $53,596.91 | $498.63 | $38,800.00 | 1.29% |
| Year 9 | $64,310.95 | $60,841.50 | $574.34 | $42,400.00 | 1.35% |
| Year 10 | $72,940.07 | $68,578.72 | $655.97 | $46,000.00 | 1.43% |
| Year 11 | $82,243.98 | $76,842.07 | $743.99 | $49,600.00 | 1.50% |
| Year 12 | $92,275.46 | $85,667.33 | $838.89 | $53,200.00 | 1.58% |
| Year 13 | $103,091.40 | $95,092.71 | $941.21 | $56,800.00 | 1.66% |
| Year 14 | $114,753.15 | $105,159.01 | $1,051.53 | $60,400.00 | 1.74% |
| Year 15 | $127,326.84 | $115,909.83 | $1,170.48 | $64,000.00 | 1.83% |
| Year 16 | $140,883.80 | $127,391.70 | $1,298.73 | $67,600.00 | 1.92% |
| Year 17 | $155,500.92 | $139,654.33 | $1,437.01 | $71,200.00 | 2.02% |
| Year 18 | $171,261.09 | $152,750.83 | $1,586.11 | $74,800.00 | 2.12% |
| Year 19 | $188,253.70 | $166,737.88 | $1,746.86 | $78,400.00 | 2.23% |
| Year 20 | $206,575.14 | $181,676.06 | $1,920.19 | $82,000.00 | 2.34% |
Not live market data. VOO's dividend yield and price change every day; this page uses editable assumptions — a 1.2% dividend yield and an 8% annual return — so you can model scenarios. Nothing here is a prediction or investment advice. The 0.03% expense ratio is VOO's published fee (Vanguard, as of April 2026); it is not deducted in this calculation.
VOO and DRIP: What You Need to Know
What is VOO?
VOO is the Vanguard S&P 500 ETF. It tracks the S&P 500 Index — about 500 of the largest U.S. companies — and charges an expense ratio of 0.03% a year (Vanguard, as of April 2026). It pays dividends quarterly. This calculator does not use live prices: you enter a dividend yield and an annual return as assumptions, and the math is the same compounding the homepage calculator performs.
Why DRIP matters for VOO holders
VOO's dividend yield is modest — around 1.0–1.3% in 2026 — so the dividend in any single year looks small. The effect builds over decades: each quarterly dividend buys a few more shares, those shares pay the next dividend, and the share count grows even if the price never moves. The year-by-year table below shows that accumulation, and the DRIP vs cash comparison shows what you give up by taking the dividends out.
What this calculator assumes
The dividend yield and annual return you enter stay the same every year; monthly contributions are added during the year and start earning from the next year; tax applies to dividends only, at the rate you enter; the 0.03% expense ratio and any brokerage fees are not deducted. Change any input to test a different scenario — for example, a lower return, a higher yield, or a shorter horizon.
Compare VOO Against Another Plan
Run VOO side by side with a different ETF or strategy to see which one compounds faster under your assumptions.