VOO DRIP Calculator
Compare reinvesting VOO dividends versus taking them as cash, side by side.
Price appreciation only, excluding dividends. Historical average shown is VOO’s long-run price return.
Modeled separately from price growth so dividends are never double-counted.
This calculator always runs both scenarios side by side, so there’s no DRIP toggle to set here.
Final total value
With DRIP
$398,083
Without DRIP
$367,513
+$30,570 from reinvesting
Invested balance
With DRIP
$398,083
Without DRIP
$332,940
+$65,143 from reinvesting
Annual dividend income (final year)
With DRIP
$4,936
Without DRIP
$4,157
+$779 from reinvesting
Data last verified: TODO: SET ON PUBLISH
DRIP vs. cash dividends, side by side
Rather than asking you to toggle a single setting back and forth, this voo calculator with drip runs both scenarios at once using identical contributions, price growth, and dividend yield assumptions. That makes it easy to isolate exactly how much of your ending balance comes from dividend reinvestment alone.
How dividend reinvestment compounds over time
Each time VOO pays a dividend — quarterly, based on the fund’s schedule — the reinvested version of this calculator uses that payment to buy more shares immediately. Those additional shares then participate in future price growth and dividend payments of their own, which is why the gap between the two lines in the chart above tends to widen the longer your time horizon runs.
When cash dividends might make sense
If you’re relying on VOO for current income rather than long-term accumulation, taking dividends as cash avoids automatically converting that income back into more shares. For a dedicated view of your projected income in dollar terms, see the VOO dividend calculator, or return to the main VOO calculator for a full growth projection.
Frequently asked questions
This calculator provides hypothetical estimates for educational purposes only and is not financial, tax, or investment advice. Past performance does not guarantee future results. voocalculator.app is not affiliated with, endorsed by, or sponsored by The Vanguard Group. VOO is a trademark of its respective owner. See our full disclaimer.