VOO vs VOTE

Quick Verdict

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

Lower Fees: VOOHigher Returns: VOTEMore Diversified: VOO

Side-by-Side Comparison

MetricVOOVOTEWinner
Expense Ratio0.03%0.05%
AUM$979.0B$1.1B
Dividend Yield1.09%0.95%
Holdings509507
YTD Return+13.31%+13.58%
1Y Return+24.01%+24.04%
3Y Return (annualized)+21.17%+21.42%
5Y Return (annualized)+13.34%+12.90%
Volatility (annualized)14.1%15.8%
Max Drawdown-34.3%-25.7%
Fund FamilyVanguard (US)TCW ETFs
CategoryEquityEquity
InceptionSep 7, 2010Jun 22, 2021

VOO vs VOTE Performance

Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US) and TCW Transform 500 ETF (VOTE) is a ETF from TCW ETFs. Over the past year VOO returned +24.01% while VOTE returned +24.04%. Year to date, VOO is up 13.31% versus a gain of 13.58% for VOTE.

Over three years, VOO compounded at +21.17% per year against +21.42% for VOTE; over five years the annualized figures are +13.34% and +12.90% respectively. Across the full 5-year window we track, VOTE has the edge at +13.62% annualized vs +13.55%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOTE has been the more volatile fund, with annualized monthly volatility of 15.8% 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 -34.3% for VOO and -25.7% for VOTE. 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 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

VOO charges 0.03% per year while VOTE charges 0.05%. On a $10,000 position that is $3 vs $5 annually, a gap of $2 per year that compounds over a long holding period. On income, VOO currently yields 1.09% against 0.95% for VOTE.

Holdings Overlap

92.9%overlap

VOO and VOTE share 429 holdings out of 572 unique holdings combined, representing a 92.9% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in VOOWeight in VOTEDifference
NVDA7.51%7.49%0.02%
AAPL6.59%7.03%0.44%
MSFT4.30%4.82%0.52%
AMZNProProPro
GOOGLProProPro
AVGOProProPro
GOOGProProPro
METAProProPro
TSLAProProPro
MUProProPro
See all 10 holdings VOO shares with VOTE
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, VOO or VOTE?

VOO has an expense ratio of 0.03% while VOTE charges 0.05%. VOO is the cheaper option. On a $10,000 investment, that is $2 per year of difference.

Which performed better, VOO or VOTE?

Over the past year VOO returned +24.01% vs +24.04% for VOTE, so VOTE leads on 1-year performance. Over the longest common window we track (5 years), VOO annualized +13.55% vs +13.62% for VOTE. Past performance does not guarantee future results.

Which is riskier, VOO or VOTE?

VOTE has been the more volatile fund at 15.8% annualized versus 14.1% for VOO. Worst drawdown: VOO -34.3% vs VOTE -25.7%.

Should I hold both VOO and VOTE?

VOO and VOTE have a monthly-return correlation of 1.00, 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 VOO and VOTE?

VOO and VOTE share 429 common holdings with a 92.9% weight overlap. Combined, they hold 572 unique securities.

Which pays a higher dividend, VOO or VOTE?

VOO yields 1.09% while VOTE yields 0.95%, so VOO currently pays the higher dividend yield.

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