LRND vs VOO
NYLIM US Large Cap R&D Leaders ETF vs Vanguard S&P 500 ETF
Which is better, LRND or VOO?
Large Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. LRND led over the full window, VOO over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.94. VOO is less concentrated, with 39.1% of the fund in its ten largest positions against 69.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | LRND | VOO |
|---|---|---|
| Expense Ratio | 0.14% | 0.03%Best |
| AUM | $431M | $1.0T |
| Dividend Yield | 0.33% | 1.05% |
| Holdings | 333 | 519 |
| YTD Return | +8.53% | +11.31%Best |
| 1Y Return | +10.00% | +13.49%Best |
| 3Y Return (annualized) | +19.72% | +20.46%Best |
| 5Y Return (annualized) | - | +11.61% |
| Volatility (annualized) | 18.1% | 15.4%Best |
| Max Drawdown | -25.4% | -22.1%Best |
| $10,000 over 4.8 years | $18,520Best | $17,964 |
| Top 10 Weight | 69.7% | 39.1%Best |
| Fund Family | New York Life Investments | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Feb 8, 2022 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Feb 8, 2022 to Nov 13, 2026 (4.8 years).
LRND vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.8 years both funds cover.
LRND vs VOO Performance
NYLIM US Large Cap R&D Leaders ETF (LRND) is an ETF from New York Life Investments and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year LRND returned +10.00% while VOO returned +13.49%. Year to date, LRND is up 8.53% versus a gain of 11.31% for VOO.
Over three years, LRND compounded at +19.72% per year against +20.46% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LRND has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 15.4% 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 -25.4% for LRND and -22.1% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
LRND charges 0.14% per year while VOO charges 0.03%. On a $10,000 position that is $14 vs $3 annually, a gap of $11 per year that compounds over a long holding period. On income, LRND currently yields 0.33% against 1.05% for VOO.
Holdings Overlap
91.4% of LRND's money is in holdings VOO also owns. 43.9% of VOO's money is in holdings LRND also owns.
Most of LRND is already inside VOO. Owning both mostly buys the same companies twice.
58 positions in common, counted across the 109 positions we hold weights for in LRND and 506 in VOO, against full books of 333 and 519.
What only one of them owns
Our book lists 443 positions for VOO that do not appear in our book for LRND (56.1% of the fund), and 49 for LRND that do not appear in VOO (8.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in LRND | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 16.36% | 8.39% | 7.97% |
| AAPLApple, Inc | 10.31% | 7.38% | 2.93% |
| GOOGLAlphabet Inc | 10.92% | 3.07% | 7.85% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 8.07% | 5.78% | 2.29% |
| AMZNAmazon.Com Inc | 4.56% | 3.71% | 0.85% |
| AVGOBroadcom Inc | 4.38% | 2.54% | 1.84% |
| LLYEli Lilly & Co. | 5.21% | 1.41% | 3.80% |
| METAMeta Platform Inc | 4.09% | 2.43% | 1.66% |
| AMDAdvanced Micro Devices Inc. | 3.81% | 1.52% | 2.29% |
| PLTRPalantir Technologies Inc | 1.96% | 0.65% | 1.31% |
91.4% of LRND is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, LRND or VOO?
LRND has an expense ratio of 0.14% while VOO charges 0.03%. VOO is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, LRND or VOO?
Over the past year LRND returned +10.00% vs +13.49% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LRND or VOO?
LRND has been the more volatile fund at 18.1% annualized versus 15.4% for VOO. Worst drawdown: LRND -25.4% vs VOO -22.1%.
Should I hold both LRND and VOO?
LRND and VOO have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between LRND and VOO?
91.4% of LRND's money is in holdings VOO also owns. 43.9% of VOO's is in holdings LRND also owns. They hold 58 positions in common, counted across the 109 positions we hold weights for in LRND and 506 in VOO.
Which pays a higher dividend, LRND or VOO?
LRND yields 0.33% while VOO yields 1.05%, so VOO currently pays the higher dividend yield.
Is VOO better than LRND?
VOO has a lower expense ratio. LRND led over the full window, VOO over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.94. VOO is less concentrated, with 39.1% of the fund in its ten largest positions against 69.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.