ACLO vs VOO
ACLO vs VOO
TCW AAA CLO ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | ACLO | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.03% | |
| AUM | $335M | $979.0B | |
| Dividend Yield | 4.89% | 1.09% | |
| Holdings | 229 | 509 | |
| YTD Return | +2.92% | +9.95% | |
| 1Y Return | +5.15% | +19.58% | |
| 3Y Return (annualized) | - | +19.43% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | 0.7% | 14.2% | |
| Max Drawdown | -1.0% | -34.3% | |
| Fund Family | TCW ETFs | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Nov 15, 2024 | Sep 7, 2010 |
ACLO vs VOO Performance
TCW AAA CLO ETF (ACLO) is a ETF from TCW ETFs and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year ACLO returned +5.15% while VOO returned +19.58%. Year to date, ACLO is up 2.92% versus a gain of 9.95% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 0.7% for ACLO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -1.0% for ACLO and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ACLO charges 0.20% per year while VOO charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, ACLO currently yields 4.89% against 1.09% for VOO.
Holdings Overlap
ACLO and VOO share 0 holdings out of 562 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, ACLO or VOO?
ACLO has an expense ratio of 0.20% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, ACLO or VOO?
Over the past year ACLO returned +5.15% vs +19.58% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), ACLO annualized +5.42% vs +13.35% for VOO. Past performance does not guarantee future results.
Which is riskier, ACLO or VOO?
VOO has been the more volatile fund at 14.2% annualized versus 0.7% for ACLO. Worst drawdown: ACLO -1.0% vs VOO -34.3%.
Should I hold both ACLO and VOO?
ACLO and VOO have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ACLO and VOO?
ACLO and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 562 unique securities.
Which pays a higher dividend, ACLO or VOO?
ACLO yields 4.89% while VOO yields 1.09%, so ACLO currently pays the higher dividend yield.
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