NIE vs VOO
NIE vs VOO
Virtus Equity & Convertible Income Fund 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 | NIE | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.07% | 0.03% | |
| AUM | $797M | $979.0B | |
| Dividend Yield | 8.66% | 1.09% | |
| Holdings | 196 | 509 | |
| YTD Return | +9.56% | +13.11% | |
| 1Y Return | +20.22% | +22.88% | |
| 3Y Return (annualized) | +17.37% | +21.08% | |
| 5Y Return (annualized) | +9.58% | +13.26% | |
| Volatility (annualized) | 17.6% | 14.1% | |
| Max Drawdown | -63.8% | -34.3% | |
| Fund Family | Virtus Investment Partners | Vanguard (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | Feb 27, 2007 | Sep 7, 2010 |
NIE vs VOO Performance
Virtus Equity & Convertible Income Fund (NIE) is a ETF from Virtus Investment Partners and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year NIE returned +20.22% while VOO returned +22.88%. Year to date, NIE is up 9.56% versus a gain of 13.11% for VOO.
Over three years, NIE compounded at +17.37% per year against +21.08% for VOO; over five years the annualized figures are +9.58% and +13.26% respectively. Across the full 16-year window we track, VOO has the edge at +13.54% annualized vs +3.57%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NIE has been the more volatile fund, with annualized monthly volatility of 17.6% 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 -63.8% for NIE 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
NIE charges 1.07% per year while VOO charges 0.03%. On a $10,000 position that is $107 vs $3 annually, a gap of $104 per year that compounds over a long holding period. On income, NIE currently yields 8.66% against 1.09% for VOO.
Holdings Overlap
NIE and VOO share 90 holdings out of 576 unique holdings combined, representing a 45.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in NIE | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 5.65% | 7.51% | 1.86% |
| AAPL | 4.55% | 6.59% | 2.04% |
| MSFT | 3.16% | 4.30% | 1.14% |
| GOOGL | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
See all 10 holdings NIE 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, NIE or VOO?
NIE has an expense ratio of 1.07% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $104 per year of difference.
Which performed better, NIE or VOO?
Over the past year NIE returned +20.22% vs +22.88% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), NIE annualized +3.57% vs +13.54% for VOO. Past performance does not guarantee future results.
Which is riskier, NIE or VOO?
NIE has been the more volatile fund at 17.6% annualized versus 14.1% for VOO. Worst drawdown: NIE -63.8% vs VOO -34.3%.
Should I hold both NIE and VOO?
NIE and VOO have a monthly-return correlation of 0.91, 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 NIE and VOO?
NIE and VOO share 90 common holdings with a 45.0% weight overlap. Combined, they hold 576 unique securities.
Which pays a higher dividend, NIE or VOO?
NIE yields 8.66% while VOO yields 1.09%, so NIE 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.