SECR vs VOO
SECR vs VOO
NYLI MacKay Securitized Income 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 | SECR | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.28% | 0.03% | |
| AUM | $165M | $979.0B | |
| Dividend Yield | 6.81% | 1.09% | |
| Holdings | 452 | 509 | |
| YTD Return | +0.89% | +13.53% | |
| 1Y Return | +2.97% | +23.65% | |
| 3Y Return (annualized) | - | +21.27% | |
| 5Y Return (annualized) | - | +13.52% | |
| Volatility (annualized) | 4.4% | 14.1% | |
| Max Drawdown | -4.7% | -34.3% | |
| Fund Family | New York Life Investment Management LLC | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | May 31, 2024 | Sep 7, 2010 |
SECR vs VOO Performance
NYLI MacKay Securitized Income ETF (SECR) is a ETF from New York Life Investment Management LLC and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year SECR returned +2.97% while VOO returned +23.65%. Year to date, SECR is up 0.89% versus a gain of 13.53% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 4.4% for SECR. 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 -4.7% for SECR 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 0.27. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SECR charges 0.28% per year while VOO charges 0.03%. On a $10,000 position that is $28 vs $3 annually, a gap of $25 per year that compounds over a long holding period. On income, SECR currently yields 6.81% against 1.09% for VOO.
Holdings Overlap
SECR and VOO share 0 holdings out of 605 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SECR or VOO?
SECR has an expense ratio of 0.28% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $25 per year of difference.
Which performed better, SECR or VOO?
Over the past year SECR returned +2.97% vs +23.65% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), SECR annualized +5.74% vs +13.57% for VOO. Past performance does not guarantee future results.
Which is riskier, SECR or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 4.4% for SECR. Worst drawdown: SECR -4.7% vs VOO -34.3%.
Should I hold both SECR and VOO?
SECR and VOO have a monthly-return correlation of 0.27, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SECR and VOO?
SECR and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 605 unique securities.
Which pays a higher dividend, SECR or VOO?
SECR yields 6.81% while VOO yields 1.09%, so SECR 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.