ESMV vs VOO

Quick Verdict

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

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricESMVVOOWinner
Expense Ratio0.18%0.03%
AUM$8M$979.0B
Dividend Yield1.51%1.09%
Holdings160509
YTD Return+8.29%+11.51%
1Y Return+8.89%+21.46%
3Y Return (annualized)+10.98%+20.86%
5Y Return (annualized)-+13.01%
Volatility (annualized)12.9%14.1%
Max Drawdown-19.8%-34.3%
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryEquityEquity
InceptionNov 2, 2021Sep 7, 2010

ESMV vs VOO Performance

iShares ESG Optimized MSCI USA Min Vol Factor ETF (ESMV) 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 ESMV returned +8.89% while VOO returned +21.46%. Year to date, ESMV is up 8.29% versus a gain of 11.51% for VOO.

Over three years, ESMV compounded at +10.98% per year against +20.86% for VOO. Across the full 5-year window we track, VOO has the edge at +13.44% annualized vs +6.05%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 12.9% for ESMV. 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 -19.8% for ESMV 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 0.86. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

ESMV charges 0.18% per year while VOO charges 0.03%. On a $10,000 position that is $18 vs $3 annually, a gap of $15 per year that compounds over a long holding period. On income, ESMV currently yields 1.51% against 1.09% for VOO.

Holdings Overlap

30.4%overlap

ESMV and VOO share 141 holdings out of 521 unique holdings combined, representing a 30.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in ESMVWeight in VOODifference
NVDA1.27%7.51%6.24%
AAPL0.58%6.59%6.01%
MSFT1.33%4.30%2.97%
AVGOProProPro
MUProProPro
AMDProProPro
GOOGProProPro
AMATProProPro
PANWProProPro
LLYProProPro
See all 10 holdings ESMV shares with VOO
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, ESMV or VOO?

ESMV has an expense ratio of 0.18% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $15 per year of difference.

Which performed better, ESMV or VOO?

Over the past year ESMV returned +8.89% vs +21.46% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (5 years), ESMV annualized +6.05% vs +13.44% for VOO. Past performance does not guarantee future results.

Which is riskier, ESMV or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 12.9% for ESMV. Worst drawdown: ESMV -19.8% vs VOO -34.3%.

Should I hold both ESMV and VOO?

ESMV and VOO have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between ESMV and VOO?

ESMV and VOO share 141 common holdings with a 30.4% weight overlap. Combined, they hold 521 unique securities.

Which pays a higher dividend, ESMV or VOO?

ESMV yields 1.51% while VOO yields 1.09%, so ESMV currently pays the higher dividend yield.

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