This study performs the analytical investigation of the oscillation voltages at the tanks of the series tuned varactor incorporating balanced common-drain, and common-gate Colpitts VCO which are able to work even at the sub-1V power supply voltages. The results the investigation predicts is verified by the simulation on the circuit behaviors of the two VCOs. The analytical investigation finds that the series tuned varactor incorporating balanced common-gate VCO generates greater oscillation voltage at the tank than the series tuned varactor incorporating balanced common-drain VCO does, which in turn is more suitable for generating the low phase noise oscillation signal from the sub-1V supply voltage than the series tuned varactor incorporating balanced common-drain VCO.