CPLB vs VOO
CPLB vs VOO
NYLI MacKay Core Plus Bond 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 | CPLB | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.30% | 0.03% | |
| AUM | $376M | $979.0B | |
| Dividend Yield | 5.96% | 1.09% | |
| Holdings | 796 | 509 | |
| YTD Return | +0.34% | +9.95% | |
| 1Y Return | +3.51% | +19.58% | |
| 3Y Return (annualized) | +5.22% | +19.43% | |
| 5Y Return (annualized) | +0.27% | +12.89% | |
| Volatility (annualized) | 6.6% | 14.2% | |
| Max Drawdown | -19.0% | -34.3% | |
| Fund Family | INDEXIQ ETF TRUST | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jun 29, 2021 | Sep 7, 2010 |
CPLB vs VOO Performance
NYLI MacKay Core Plus Bond ETF (CPLB) is a ETF from INDEXIQ ETF TRUST and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year CPLB returned +3.51% while VOO returned +19.58%. Year to date, CPLB is up 0.34% versus a gain of 9.95% for VOO.
Over three years, CPLB compounded at +5.22% per year against +19.43% for VOO; over five years the annualized figures are +0.27% and +12.89% respectively. Across the full 5-year window we track, VOO has the edge at +13.35% annualized vs +0.56%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 6.6% for CPLB. 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 -19.0% for CPLB 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 0.67. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CPLB charges 0.30% per year while VOO charges 0.03%. On a $10,000 position that is $30 vs $3 annually, a gap of $27 per year that compounds over a long holding period. On income, CPLB currently yields 5.96% against 1.09% for VOO.
Holdings Overlap
CPLB and VOO share 0 holdings out of 924 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, CPLB or VOO?
CPLB has an expense ratio of 0.30% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $27 per year of difference.
Which performed better, CPLB or VOO?
Over the past year CPLB returned +3.51% vs +19.58% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (5 years), CPLB annualized +0.56% vs +13.35% for VOO. Past performance does not guarantee future results.
Which is riskier, CPLB or VOO?
VOO has been the more volatile fund at 14.2% annualized versus 6.6% for CPLB. Worst drawdown: CPLB -19.0% vs VOO -34.3%.
Should I hold both CPLB and VOO?
CPLB and VOO have a monthly-return correlation of 0.67, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CPLB and VOO?
CPLB and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 924 unique securities.
Which pays a higher dividend, CPLB or VOO?
CPLB yields 5.96% while VOO yields 1.09%, so CPLB currently pays the higher dividend yield.
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