PAYR vs VOO
PAYR vs VOO
Federated Hermes Enhanced Income ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | PAYR | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.03% | |
| AUM | $57M | $979.0B | |
| Dividend Yield | 6.04% | 1.09% | |
| Holdings | 59 | 509 | |
| YTD Return | +9.45% | +13.80% | |
| 1Y Return | - | +23.71% | |
| 3Y Return (annualized) | - | +21.50% | |
| 5Y Return (annualized) | - | +13.44% | |
| Volatility (annualized) | - | 14.1% | |
| Max Drawdown | -7.3% | -34.3% | |
| Fund Family | Federated Hermes Funds | Vanguard (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | Oct 7, 2025 | Sep 7, 2010 |
PAYR vs VOO Performance
Federated Hermes Enhanced Income ETF (PAYR) is a ETF from Federated Hermes Funds and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Year to date, PAYR is up 9.45% versus a gain of 13.80% for VOO.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -7.3% for PAYR and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
PAYR 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, PAYR currently yields 6.04% against 1.09% for VOO.
Holdings Overlap
PAYR and VOO share 32 holdings out of 521 unique holdings combined, representing a 5.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in PAYR | Weight in VOO | Difference |
|---|---|---|---|
| USB | 3.64% | 0.15% | 3.49% |
| TFC | 3.47% | 0.10% | 3.37% |
| PAYX | 3.45% | 0.05% | 3.40% |
| PNC | Pro | Pro | Pro |
| ABBV | Pro | Pro | Pro |
| PLD | Pro | Pro | Pro |
| PFE | Pro | Pro | Pro |
| KIM | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
| AMT | Pro | Pro | Pro |
See all 10 holdings PAYR 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, PAYR or VOO?
PAYR 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.
What is the holdings overlap between PAYR and VOO?
PAYR and VOO share 32 common holdings with a 5.3% weight overlap. Combined, they hold 521 unique securities.
Which pays a higher dividend, PAYR or VOO?
PAYR yields 6.04% while VOO yields 1.09%, so PAYR currently pays the higher dividend yield.
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