LSAF vs VOO

Quick Verdict

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

Lower Fees: VOOHigher Returns: LSAFMore Diversified: VOO

Side-by-Side Comparison

MetricLSAFVOOWinner
Expense Ratio0.75%0.03%
AUM$123M$979.0B
Dividend Yield0.60%1.09%
Holdings102509
YTD Return+23.11%+13.80%
1Y Return+33.53%+23.71%
3Y Return (annualized)+20.14%+21.50%
5Y Return (annualized)+11.64%+13.44%
Volatility (annualized)19.3%14.1%
Max Drawdown-41.7%-34.3%
Fund FamilyLeaderSharesVanguard (US)
CategoryEquityEquity
InceptionOct 1, 2018Sep 7, 2010

LSAF vs VOO Performance

LeaderShares AlphaFactor US Core Equity ETF (LSAF) is a ETF from LeaderShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year LSAF returned +33.53% while VOO returned +23.71%. Year to date, LSAF is up 23.11% versus a gain of 13.80% for VOO.

Over three years, LSAF compounded at +20.14% per year against +21.50% for VOO; over five years the annualized figures are +11.64% and +13.44% respectively. Across the full 8-year window we track, VOO has the edge at +13.58% annualized vs +11.51%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

LSAF has been the more volatile fund, with annualized monthly volatility of 19.3% compared with 14.1% 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 -41.7% for LSAF 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

LSAF charges 0.75% per year while VOO charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, LSAF currently yields 0.60% against 1.09% for VOO.

Holdings Overlap

4.0%overlap

LSAF and VOO share 51 holdings out of 554 unique holdings combined, representing a 4.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in LSAFWeight in VOODifference
WDC1.74%0.34%1.40%
ON1.79%0.06%1.73%
DELL1.44%0.19%1.25%
CProProPro
PLTRProProPro
EBAYProProPro
FFIVProProPro
JBHTProProPro
WSTProProPro
COFProProPro
See all 10 holdings LSAF 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, LSAF or VOO?

LSAF has an expense ratio of 0.75% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $72 per year of difference.

Which performed better, LSAF or VOO?

Over the past year LSAF returned +33.53% vs +23.71% for VOO, so LSAF leads on 1-year performance. Over the longest common window we track (8 years), LSAF annualized +11.51% vs +13.58% for VOO. Past performance does not guarantee future results.

Which is riskier, LSAF or VOO?

LSAF has been the more volatile fund at 19.3% annualized versus 14.1% for VOO. Worst drawdown: LSAF -41.7% vs VOO -34.3%.

Should I hold both LSAF and VOO?

LSAF and VOO have a monthly-return correlation of 0.90, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between LSAF and VOO?

LSAF and VOO share 51 common holdings with a 4.0% weight overlap. Combined, they hold 554 unique securities.

Which pays a higher dividend, LSAF or VOO?

LSAF yields 0.60% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.

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