MIG vs VOO
MIG vs VOO
VanEck Moody's Analytics IG Corporate Bond ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | MIG | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.03% | |
| AUM | $20M | $979.0B | |
| Dividend Yield | 4.76% | 1.09% | |
| Holdings | 356 | 509 | |
| YTD Return | -3.05% | +11.51% | |
| 1Y Return | -1.32% | +21.46% | |
| 3Y Return (annualized) | +4.29% | +20.86% | |
| 5Y Return (annualized) | -0.37% | +13.01% | |
| Volatility (annualized) | 7.2% | 14.1% | |
| Max Drawdown | -21.0% | -34.3% | |
| Fund Family | VanEck | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Dec 1, 2020 | Sep 7, 2010 |
MIG vs VOO Performance
VanEck Moody's Analytics IG Corporate Bond ETF (MIG) is a ETF from VanEck and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year MIG returned -1.32% while VOO returned +21.46%. Year to date, MIG is down 3.05% versus a gain of 11.51% for VOO.
Over three years, MIG compounded at +4.29% per year against +20.86% for VOO; over five years the annualized figures are -0.37% and +13.01% respectively. Across the full 6-year window we track, VOO has the edge at +13.44% annualized vs +0.16%. 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 7.2% for MIG. 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 -21.0% for MIG 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 0.67. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MIG charges 0.20% per year while VOO charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, MIG currently yields 4.76% against 1.09% for VOO.
Holdings Overlap
MIG and VOO share 13 holdings out of 802 unique holdings combined, representing a 2.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in MIG | Weight in VOO | Difference |
|---|---|---|---|
| AAPL | 0.52% | 6.59% | 6.07% |
| KO | 0.49% | 0.49% | 0.00% |
| MA | 0.26% | 0.64% | 0.38% |
| HD | Pro | Pro | Pro |
| ORCL | Pro | Pro | Pro |
| MO | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
| WMB | Pro | Pro | Pro |
| EQIX | Pro | Pro | Pro |
| T | Pro | Pro | Pro |
See all 10 holdings MIG 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, MIG or VOO?
MIG has an expense ratio of 0.20% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, MIG or VOO?
Over the past year MIG returned -1.32% vs +21.46% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (6 years), MIG annualized +0.16% vs +13.44% for VOO. Past performance does not guarantee future results.
Which is riskier, MIG or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 7.2% for MIG. Worst drawdown: MIG -21.0% vs VOO -34.3%.
Should I hold both MIG and VOO?
MIG and VOO have a monthly-return correlation of 0.67, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MIG and VOO?
MIG and VOO share 13 common holdings with a 2.8% weight overlap. Combined, they hold 802 unique securities.
Which pays a higher dividend, MIG or VOO?
MIG yields 4.76% while VOO yields 1.09%, so MIG currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.