VMAX vs VOO
VMAX vs VOO
Hartford US Value ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VMAX delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | VMAX | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.03% | |
| AUM | $49M | $979.0B | |
| Dividend Yield | 1.87% | 1.09% | |
| Holdings | 142 | 509 | |
| YTD Return | +17.43% | +13.53% | |
| 1Y Return | +28.57% | +23.65% | |
| 3Y Return (annualized) | - | +21.27% | |
| 5Y Return (annualized) | - | +13.52% | |
| Volatility (annualized) | 12.2% | 14.1% | |
| Max Drawdown | -19.1% | -34.3% | |
| Fund Family | Hartford Funds | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 5, 2023 | Sep 7, 2010 |
VMAX vs VOO Performance
Hartford US Value ETF (VMAX) is a ETF from Hartford Funds and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year VMAX returned +28.57% while VOO returned +23.65%. Year to date, VMAX is up 17.43% versus a gain of 13.53% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 12.2% for VMAX. 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 -19.1% for VMAX 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VMAX charges 0.29% per year while VOO charges 0.03%. On a $10,000 position that is $29 vs $3 annually, a gap of $26 per year that compounds over a long holding period. On income, VMAX currently yields 1.87% against 1.09% for VOO.
Holdings Overlap
VMAX and VOO share 103 holdings out of 542 unique holdings combined, representing a 25.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in VMAX | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 0.84% | 7.51% | 6.67% |
| AAPL | 0.45% | 6.59% | 6.14% |
| GOOGL | 1.90% | 3.25% | 1.35% |
| META | Pro | Pro | Pro |
| JNJ | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| BRK.B | Pro | Pro | Pro |
| BK | Pro | Pro | Pro |
| XOM | Pro | Pro | Pro |
| STT | Pro | Pro | Pro |
See all 10 holdings VMAX 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, VMAX or VOO?
VMAX has an expense ratio of 0.29% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, VMAX or VOO?
Over the past year VMAX returned +28.57% vs +23.65% for VOO, so VMAX leads on 1-year performance. Over the longest common window we track (3 years), VMAX annualized +21.81% vs +13.57% for VOO. Past performance does not guarantee future results.
Which is riskier, VMAX or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 12.2% for VMAX. Worst drawdown: VMAX -19.1% vs VOO -34.3%.
Should I hold both VMAX and VOO?
VMAX and VOO have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between VMAX and VOO?
VMAX and VOO share 103 common holdings with a 25.6% weight overlap. Combined, they hold 542 unique securities.
Which pays a higher dividend, VMAX or VOO?
VMAX yields 1.87% while VOO yields 1.09%, so VMAX currently pays the higher dividend yield.
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