SHYL vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. SHYL offers more diversification with 737 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: SHYL

Side-by-Side Comparison

MetricSHYLVOOWinner
Expense Ratio0.20%0.03%
AUM$271M$979.0B
Dividend Yield6.91%1.09%
Holdings838509
YTD Return+1.48%+13.80%
1Y Return+4.31%+23.71%
3Y Return (annualized)+7.79%+21.50%
5Y Return (annualized)+4.92%+13.44%
Volatility (annualized)6.4%14.1%
Max Drawdown-21.6%-34.3%
Fund FamilyXtrackers ETFsVanguard (US)
CategoryFixed IncomeEquity
InceptionJan 9, 2018Sep 7, 2010

SHYL vs VOO Performance

Xtrackers Short Duration High Yield Bond ETF (SHYL) is a ETF from Xtrackers ETFs and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year SHYL returned +4.31% while VOO returned +23.71%. Year to date, SHYL is up 1.48% versus a gain of 13.80% for VOO.

Over three years, SHYL compounded at +7.79% per year against +21.50% for VOO; over five years the annualized figures are +4.92% and +13.44% respectively. Across the full 9-year window we track, VOO has the edge at +13.58% annualized vs +2.54%. 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 6.4% for SHYL. 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 -21.6% for SHYL 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 0.80. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

SHYL charges 0.20% per year while VOO charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, SHYL currently yields 6.91% against 1.09% for VOO.

Holdings Overlap

0.0%overlap

SHYL and VOO share 0 holdings out of 1242 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, SHYL or VOO?

SHYL has an expense ratio of 0.20% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $17 per year of difference.

Which performed better, SHYL or VOO?

Over the past year SHYL returned +4.31% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (9 years), SHYL annualized +2.54% vs +13.58% for VOO. Past performance does not guarantee future results.

Which is riskier, SHYL or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 6.4% for SHYL. Worst drawdown: SHYL -21.6% vs VOO -34.3%.

Should I hold both SHYL and VOO?

SHYL and VOO have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SHYL and VOO?

SHYL and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1242 unique securities.

Which pays a higher dividend, SHYL or VOO?

SHYL yields 6.91% while VOO yields 1.09%, so SHYL currently pays the higher dividend yield.

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