TAXX vs VOO
TAXX vs VOO
BondBloxx IR+M Tax-Aware Short Duration 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 | TAXX | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.03% | |
| AUM | $297M | $979.0B | |
| Dividend Yield | 3.51% | 1.09% | |
| Holdings | 326 | 509 | |
| YTD Return | +1.02% | +13.80% | |
| 1Y Return | +2.72% | +23.71% | |
| 3Y Return (annualized) | - | +21.50% | |
| 5Y Return (annualized) | - | +13.44% | |
| Volatility (annualized) | 1.4% | 14.1% | |
| Max Drawdown | -0.9% | -34.3% | |
| Fund Family | BondBloxx | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Mar 14, 2024 | Sep 7, 2010 |
TAXX vs VOO Performance
BondBloxx IR+M Tax-Aware Short Duration ETF (TAXX) is a ETF from BondBloxx and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year TAXX returned +2.72% while VOO returned +23.71%. Year to date, TAXX is up 1.02% versus a gain of 13.80% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 1.4% for TAXX. 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 -0.9% for TAXX 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 0.49. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
TAXX charges 0.35% per year while VOO charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, TAXX currently yields 3.51% against 1.09% for VOO.
Holdings Overlap
TAXX and VOO share 0 holdings out of 641 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, TAXX or VOO?
TAXX has an expense ratio of 0.35% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, TAXX or VOO?
Over the past year TAXX returned +2.72% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), TAXX annualized +3.79% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, TAXX or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 1.4% for TAXX. Worst drawdown: TAXX -0.9% vs VOO -34.3%.
Should I hold both TAXX and VOO?
TAXX and VOO have a monthly-return correlation of 0.49, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between TAXX and VOO?
TAXX and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 641 unique securities.
Which pays a higher dividend, TAXX or VOO?
TAXX yields 3.51% while VOO yields 1.09%, so TAXX currently pays the higher dividend yield.
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