RNP 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

MetricRNPVOOWinner
Expense Ratio1.78%0.03%
AUM$2,650.69$979.0B
Dividend Yield7.44%1.09%
Holdings311509
YTD Return+7.05%+13.11%
1Y Return+0.27%+22.88%
3Y Return (annualized)+10.07%+21.08%
5Y Return (annualized)+3.11%+13.26%
Volatility (annualized)27.4%14.1%
Max Drawdown-90.8%-34.3%
Fund FamilyCohen & Steers FundsVanguard (US)
CategoryAllocation/BalancedEquity
InceptionJun 27, 2003Sep 7, 2010

RNP vs VOO Performance

Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) is a ETF from Cohen & Steers Funds and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year RNP returned +0.27% while VOO returned +22.88%. Year to date, RNP is up 7.05% versus a gain of 13.11% for VOO.

Over three years, RNP compounded at +10.07% per year against +21.08% for VOO; over five years the annualized figures are +3.11% and +13.26% respectively. Across the full 16-year window we track, VOO has the edge at +13.54% annualized vs +1.09%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

RNP has been the more volatile fund, with annualized monthly volatility of 27.4% 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 -90.8% for RNP 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 0.74. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

RNP charges 1.78% per year while VOO charges 0.03%. On a $10,000 position that is $178 vs $3 annually, a gap of $175 per year that compounds over a long holding period. On income, RNP currently yields 7.44% against 1.09% for VOO.

Holdings Overlap

2.1%overlap

RNP and VOO share 23 holdings out of 688 unique holdings combined, representing a 2.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in RNPWeight in VOODifference
WELL10.42%0.25%10.17%
DLR6.76%0.09%6.67%
AMT5.11%0.12%4.99%
CCIProProPro
PLDProProPro
EXRProProPro
EQIXProProPro
KIMProProPro
IRMProProPro
PSAProProPro
See all 10 holdings RNP 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, RNP or VOO?

RNP has an expense ratio of 1.78% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $175 per year of difference.

Which performed better, RNP or VOO?

Over the past year RNP returned +0.27% vs +22.88% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), RNP annualized +1.09% vs +13.54% for VOO. Past performance does not guarantee future results.

Which is riskier, RNP or VOO?

RNP has been the more volatile fund at 27.4% annualized versus 14.1% for VOO. Worst drawdown: RNP -90.8% vs VOO -34.3%.

Should I hold both RNP and VOO?

RNP and VOO have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between RNP and VOO?

RNP and VOO share 23 common holdings with a 2.1% weight overlap. Combined, they hold 688 unique securities.

Which pays a higher dividend, RNP or VOO?

RNP yields 7.44% while VOO yields 1.09%, so RNP currently pays the higher dividend yield.

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