TFNS 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

MetricTFNSVOOWinner
Expense Ratio0.44%0.03%
AUM-$979.0B
Dividend Yield-1.09%
Holdings347509
YTD Return+6.21%+9.95%
1Y Return+14.39%+19.58%
3Y Return (annualized)-+19.43%
5Y Return (annualized)-+12.89%
Volatility (annualized)12.4%14.2%
Max Drawdown-14.0%-34.3%
Fund FamilyT.Rowe PriceVanguard (US)
CategoryEquityEquity
InceptionJun 11, 2025Sep 7, 2010

TFNS vs VOO Performance

T. Rowe Price Financials ETF (TFNS) is a ETF from T.Rowe Price and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year TFNS returned +14.39% while VOO returned +19.58%. Year to date, TFNS is up 6.21% versus a gain of 9.95% for VOO.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 12.4% for TFNS. 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 -14.0% for TFNS 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 0.32. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

TFNS charges 0.44% per year while VOO charges 0.03%. On a $10,000 position that is $44 vs $3 annually, a gap of $41 per year that compounds over a long holding period.

Holdings Overlap

0.0%overlap

TFNS and VOO share 1 holdings out of 666 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in TFNSWeight in VOODifference
VST0.04%0.08%0.04%

Frequently Asked Questions

Which is cheaper, TFNS or VOO?

TFNS has an expense ratio of 0.44% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $41 per year of difference.

Which performed better, TFNS or VOO?

Over the past year TFNS returned +14.39% vs +19.58% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), TFNS annualized +15.40% vs +13.35% for VOO. Past performance does not guarantee future results.

Which is riskier, TFNS or VOO?

VOO has been the more volatile fund at 14.2% annualized versus 12.4% for TFNS. Worst drawdown: TFNS -14.0% vs VOO -34.3%.

Should I hold both TFNS and VOO?

TFNS and VOO have a monthly-return correlation of 0.32, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between TFNS and VOO?

TFNS and VOO share 1 common holdings with a 0.0% weight overlap. Combined, they hold 666 unique securities.

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