TOPC vs VOO
TOPC vs VOO
iShares S&P 500 3% Capped 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 | TOPC | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.03% | |
| AUM | $31M | $979.0B | |
| Dividend Yield | 1.04% | 1.09% | |
| Holdings | 509 | 509 | |
| YTD Return | +13.26% | +13.11% | |
| 1Y Return | +22.65% | +22.88% | |
| 3Y Return (annualized) | - | +21.08% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 11.1% | 14.1% | |
| Max Drawdown | -8.0% | -34.3% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 15, 2025 | Sep 7, 2010 |
TOPC vs VOO Performance
iShares S&P 500 3% Capped ETF (TOPC) is a ETF from iShares by BlackRock (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year TOPC returned +22.65% while VOO returned +22.88%. Year to date, TOPC is up 13.26% versus a gain of 13.11% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 11.1% for TOPC. 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 -8.0% for TOPC 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 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
TOPC charges 0.09% per year while VOO charges 0.03%. On a $10,000 position that is $9 vs $3 annually, a gap of $6 per year that compounds over a long holding period. On income, TOPC currently yields 1.04% against 1.09% for VOO.
Holdings Overlap
TOPC and VOO share 481 holdings out of 516 unique holdings combined, representing a 83.8% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in TOPC | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 2.80% | 7.51% | 4.71% |
| AAPL | 3.08% | 6.59% | 3.51% |
| MSFT | 2.79% | 4.30% | 1.51% |
| AMZN | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
See all 10 holdings TOPC shares with VOO Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, TOPC or VOO?
TOPC has an expense ratio of 0.09% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, TOPC or VOO?
Over the past year TOPC returned +22.65% vs +22.88% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), TOPC annualized +32.73% vs +13.54% for VOO. Past performance does not guarantee future results.
Which is riskier, TOPC or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 11.1% for TOPC. Worst drawdown: TOPC -8.0% vs VOO -34.3%.
Should I hold both TOPC and VOO?
TOPC and VOO have a monthly-return correlation of 0.98, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between TOPC and VOO?
TOPC and VOO share 481 common holdings with a 83.8% weight overlap. Combined, they hold 516 unique securities.
Which pays a higher dividend, TOPC or VOO?
TOPC yields 1.04% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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