MADE vs VOO
MADE vs VOO
iShares US Manufacturing ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. MADE delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | MADE | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.03% | |
| AUM | $63M | $979.0B | |
| Dividend Yield | 0.61% | 1.09% | |
| Holdings | 117 | 509 | |
| YTD Return | +20.72% | +13.31% | |
| 1Y Return | +39.15% | +24.01% | |
| 3Y Return (annualized) | - | +21.17% | |
| 5Y Return (annualized) | - | +13.34% | |
| Volatility (annualized) | 18.9% | 14.1% | |
| Max Drawdown | -23.8% | -34.3% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jul 17, 2024 | Sep 7, 2010 |
MADE vs VOO Performance
iShares US Manufacturing ETF (MADE) 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 MADE returned +39.15% while VOO returned +24.01%. Year to date, MADE is up 20.72% versus a gain of 13.31% for VOO.
Risk: Volatility and Drawdowns
MADE has been the more volatile fund, with annualized monthly volatility of 18.9% 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 -23.8% for MADE 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MADE charges 0.40% per year while VOO charges 0.03%. On a $10,000 position that is $40 vs $3 annually, a gap of $37 per year that compounds over a long holding period. On income, MADE currently yields 0.61% against 1.09% for VOO.
Holdings Overlap
MADE and VOO share 41 holdings out of 578 unique holdings combined, representing a 5.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in MADE | Weight in VOO | Difference |
|---|---|---|---|
| CAT | 4.21% | 0.76% | 3.45% |
| APH | 4.15% | 0.34% | 3.81% |
| DE | 4.21% | 0.25% | 3.96% |
| ETN | Pro | Pro | Pro |
| CMI | Pro | Pro | Pro |
| VRT | Pro | Pro | Pro |
| RTX | Pro | Pro | Pro |
| PH | Pro | Pro | Pro |
| TT | Pro | Pro | Pro |
| GM | Pro | Pro | Pro |
See all 10 holdings MADE shares with VOO Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, MADE or VOO?
MADE has an expense ratio of 0.40% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $37 per year of difference.
Which performed better, MADE or VOO?
Over the past year MADE returned +39.15% vs +24.01% for VOO, so MADE leads on 1-year performance. Over the longest common window we track (2 years), MADE annualized +26.27% vs +13.55% for VOO. Past performance does not guarantee future results.
Which is riskier, MADE or VOO?
MADE has been the more volatile fund at 18.9% annualized versus 14.1% for VOO. Worst drawdown: MADE -23.8% vs VOO -34.3%.
Should I hold both MADE and VOO?
MADE and VOO have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MADE and VOO?
MADE and VOO share 41 common holdings with a 5.2% weight overlap. Combined, they hold 578 unique securities.
Which pays a higher dividend, MADE or VOO?
MADE yields 0.61% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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