VOO vs WAMA

Quick Verdict

VOO has a lower expense ratio. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: TiedMore Diversified: VOO

Side-by-Side Comparison

MetricVOOWAMAWinner
Expense Ratio0.03%0.32%
AUM$979.0B$187M
Dividend Yield1.09%0.42%
Holdings5092
YTD Return+13.53%+10.49%
1Y Return+23.65%-
3Y Return (annualized)+21.27%-
5Y Return (annualized)+13.52%-
Volatility (annualized)14.1%-
Max Drawdown-34.3%-5.7%
Fund FamilyVanguard (US)WisdomTree Investments
CategoryEquityAllocation/Balanced
InceptionSep 7, 2010Mar 12, 2026

VOO vs WAMA Performance

Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US) and WisdomTree US Adaptive Moving Average Fund ETF (WAMA) is a ETF from WisdomTree Investments. Year to date, VOO is up 13.53% versus a gain of 10.49% for WAMA.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -34.3% for VOO and -5.7% for WAMA. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

VOO charges 0.03% per year while WAMA charges 0.32%. On a $10,000 position that is $3 vs $32 annually, a gap of $29 per year that compounds over a long holding period. On income, VOO currently yields 1.09% against 0.42% for WAMA.

Holdings Overlap

78.1%overlap

VOO and WAMA share 383 holdings out of 608 unique holdings combined, representing a 78.1% weight overlap.

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

Top Shared Holdings

StockWeight in VOOWeight in WAMADifference
NVDA7.51%7.82%0.31%
AAPL6.59%6.63%0.04%
GOOGL3.25%7.32%4.07%
MSFTProProPro
AMZNProProPro
AVGOProProPro
TSLAProProPro
MUProProPro
LLYProProPro
JPMProProPro
See all 10 holdings VOO shares with WAMA
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, VOO or WAMA?

VOO has an expense ratio of 0.03% while WAMA charges 0.32%. VOO is the cheaper option. On a $10,000 investment, that is $29 per year of difference.

What is the holdings overlap between VOO and WAMA?

VOO and WAMA share 383 common holdings with a 78.1% weight overlap. Combined, they hold 608 unique securities.

Which pays a higher dividend, VOO or WAMA?

VOO yields 1.09% while WAMA yields 0.42%, so VOO currently pays the higher dividend yield.

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