TURF vs VOO

Quick Verdict

VOO has a lower expense ratio. TURF delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: TURFMore Diversified: VOO

Side-by-Side Comparison

MetricTURFVOOWinner
Expense Ratio0.44%0.03%
AUM-$979.0B
Dividend Yield-1.09%
Holdings347509
YTD Return+13.37%+13.80%
1Y Return+33.10%+23.71%
3Y Return (annualized)-+21.50%
5Y Return (annualized)-+13.44%
Volatility (annualized)17.9%14.1%
Max Drawdown-13.2%-34.3%
Fund FamilyT.Rowe PriceVanguard (US)
CategoryEquityEquity
InceptionJun 11, 2025Sep 7, 2010

TURF vs VOO Performance

T. Rowe Price Natural Resources ETF (TURF) is a ETF from T.Rowe Price and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year TURF returned +33.10% while VOO returned +23.71%. Year to date, TURF is up 13.37% versus a gain of 13.80% for VOO.

Risk: Volatility and Drawdowns

TURF has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 14.1% for VOO. 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 -13.2% for TURF 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 -0.06. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

TURF 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

TURF and VOO share 0 holdings out of 667 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, TURF or VOO?

TURF 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, TURF or VOO?

Over the past year TURF returned +33.10% vs +23.71% for VOO, so TURF leads on 1-year performance. Over the longest common window we track (1 years), TURF annualized +29.43% vs +13.58% for VOO. Past performance does not guarantee future results.

Which is riskier, TURF or VOO?

TURF has been the more volatile fund at 17.9% annualized versus 14.1% for VOO. Worst drawdown: TURF -13.2% vs VOO -34.3%.

Should I hold both TURF and VOO?

TURF and VOO have a monthly-return correlation of -0.06, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between TURF and VOO?

TURF and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 667 unique securities.

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