MODL 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

MetricMODLVOOWinner
Expense Ratio0.46%0.03%
AUM$1.0B$979.0B
Dividend Yield0.71%1.09%
Holdings371509
YTD Return+10.79%+13.11%
1Y Return+20.22%+22.88%
3Y Return (annualized)+19.92%+21.08%
5Y Return (annualized)-+13.26%
Volatility (annualized)12.4%14.1%
Max Drawdown-17.6%-34.3%
Fund FamilyVictory Capital Management Inc.Vanguard (US)
CategoryEquityEquity
InceptionOct 11, 2022Sep 7, 2010

MODL vs VOO Performance

VictoryShares WestEnd US Sector ETF (MODL) is a ETF from Victory Capital Management Inc. and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year MODL returned +20.22% while VOO returned +22.88%. Year to date, MODL is up 10.79% versus a gain of 13.11% for VOO.

Over three years, MODL compounded at +19.92% per year against +21.08% for VOO. Across the full 4-year window we track, MODL has the edge at +22.65% annualized vs +13.54%. 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 12.4% for MODL. 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 -17.6% for MODL 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 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

MODL charges 0.46% per year while VOO charges 0.03%. On a $10,000 position that is $46 vs $3 annually, a gap of $43 per year that compounds over a long holding period. On income, MODL currently yields 0.71% against 1.09% for VOO.

Holdings Overlap

72.3%overlap

MODL and VOO share 314 holdings out of 559 unique holdings combined, representing a 72.3% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in MODLWeight in VOODifference
NVDA6.66%7.51%0.85%
AAPL5.57%6.59%1.02%
GOOGL5.33%3.25%2.08%
MSFTProProPro
GOOGProProPro
AMZNProProPro
AVGOProProPro
METAProProPro
JPM:USProProPro
LLYProProPro
See all 10 holdings MODL 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, MODL or VOO?

MODL has an expense ratio of 0.46% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $43 per year of difference.

Which performed better, MODL or VOO?

Over the past year MODL returned +20.22% vs +22.88% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), MODL annualized +22.65% vs +13.54% for VOO. Past performance does not guarantee future results.

Which is riskier, MODL or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 12.4% for MODL. Worst drawdown: MODL -17.6% vs VOO -34.3%.

Should I hold both MODL and VOO?

MODL and VOO have a monthly-return correlation of 0.98, 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 MODL and VOO?

MODL and VOO share 314 common holdings with a 72.3% weight overlap. Combined, they hold 559 unique securities.

Which pays a higher dividend, MODL or VOO?

MODL yields 0.71% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.

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