EFV vs VOO

Quick Verdict

VOO has a lower expense ratio. EFV delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: EFVMore Diversified: VOO

Side-by-Side Comparison

MetricEFVVOOWinner
Expense Ratio0.31%0.03%
AUM$28.3B$979.0B
Dividend Yield4.78%1.09%
Holdings427509
YTD Return+12.08%+9.95%
1Y Return+30.61%+19.58%
3Y Return (annualized)+21.33%+19.43%
5Y Return (annualized)+13.79%+12.89%
Volatility (annualized)36.3%14.2%
Max Drawdown-74.5%-34.3%
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryEquityEquity
InceptionAug 1, 2005Sep 7, 2010

EFV vs VOO Performance

iShares MSCI EAFE Value ETF (EFV) is a ETF from iShares by BlackRock (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year EFV returned +30.61% while VOO returned +19.58%. Year to date, EFV is up 12.08% versus a gain of 9.95% for VOO.

Over three years, EFV compounded at +21.33% per year against +19.43% for VOO; over five years the annualized figures are +13.79% and +12.89% respectively. Across the full 16-year window we track, VOO has the edge at +13.35% annualized vs +6.25%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

EFV has been the more volatile fund, with annualized monthly volatility of 36.3% compared with 14.2% for VOO. 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 -74.5% for EFV 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 0.75. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

EFV charges 0.31% per year while VOO charges 0.03%. On a $10,000 position that is $31 vs $3 annually, a gap of $28 per year that compounds over a long holding period. On income, EFV currently yields 4.78% against 1.09% for VOO.

Holdings Overlap

0.2%overlap

EFV and VOO share 2 holdings out of 902 unique holdings combined, representing a 0.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in EFVWeight in VOODifference
ROP1.73%0.05%1.68%
MRK0.19%0.49%0.30%

Frequently Asked Questions

Which is cheaper, EFV or VOO?

EFV has an expense ratio of 0.31% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $28 per year of difference.

Which performed better, EFV or VOO?

Over the past year EFV returned +30.61% vs +19.58% for VOO, so EFV leads on 1-year performance. Over the longest common window we track (16 years), EFV annualized +6.25% vs +13.35% for VOO. Past performance does not guarantee future results.

Which is riskier, EFV or VOO?

EFV has been the more volatile fund at 36.3% annualized versus 14.2% for VOO. Worst drawdown: EFV -74.5% vs VOO -34.3%.

Should I hold both EFV and VOO?

EFV and VOO have a monthly-return correlation of 0.75, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between EFV and VOO?

EFV and VOO share 2 common holdings with a 0.2% weight overlap. Combined, they hold 902 unique securities.

Which pays a higher dividend, EFV or VOO?

EFV yields 4.78% while VOO yields 1.09%, so EFV currently pays the higher dividend yield.

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