VOO vs XPND

Quick Verdict

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

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricVOOXPNDWinner
Expense Ratio0.03%0.65%
AUM$979.0B$38M
Dividend Yield1.09%0.07%
Holdings50951
YTD Return+13.31%+11.24%
1Y Return+24.01%+19.02%
3Y Return (annualized)+21.17%+23.30%
5Y Return (annualized)+13.34%+13.11%
Volatility (annualized)14.1%21.8%
Max Drawdown-34.3%-38.0%
Fund FamilyVanguard (US)First Trust Portfolios (US)
CategoryEquityEquity
InceptionSep 7, 2010Jun 14, 2021

VOO vs XPND Performance

Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US) and First Trust Expanded Technology ETF (XPND) is a ETF from First Trust Portfolios (US). Over the past year VOO returned +24.01% while XPND returned +19.02%. Year to date, VOO is up 13.31% versus a gain of 11.24% for XPND.

Over three years, VOO compounded at +21.17% per year against +23.30% for XPND; over five years the annualized figures are +13.34% and +13.11% respectively. Across the full 5-year window we track, XPND has the edge at +14.57% annualized vs +13.55%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

XPND has been the more volatile fund, with annualized monthly volatility of 21.8% 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 -38.0% for XPND. 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 0.91. 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 XPND charges 0.65%. On a $10,000 position that is $3 vs $65 annually, a gap of $62 per year that compounds over a long holding period. On income, VOO currently yields 1.09% against 0.07% for XPND.

Holdings Overlap

25.6%overlap

VOO and XPND share 41 holdings out of 514 unique holdings combined, representing a 25.6% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in VOOWeight in XPNDDifference
NVDA7.51%4.47%3.04%
AAPL6.59%4.64%1.95%
GOOGL3.25%4.40%1.15%
AVGOProProPro
AMATProProPro
VProProPro
LRCXProProPro
MAProProPro
CSCOProProPro
KLACProProPro
See all 10 holdings VOO shares with XPND
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, VOO or XPND?

VOO has an expense ratio of 0.03% while XPND charges 0.65%. VOO is the cheaper option. On a $10,000 investment, that is $62 per year of difference.

Which performed better, VOO or XPND?

Over the past year VOO returned +24.01% vs +19.02% for XPND, so VOO leads on 1-year performance. Over the longest common window we track (5 years), VOO annualized +13.55% vs +14.57% for XPND. Past performance does not guarantee future results.

Which is riskier, VOO or XPND?

XPND has been the more volatile fund at 21.8% annualized versus 14.1% for VOO. Worst drawdown: VOO -34.3% vs XPND -38.0%.

Should I hold both VOO and XPND?

VOO and XPND have a monthly-return correlation of 0.91, 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 XPND?

VOO and XPND share 41 common holdings with a 25.6% weight overlap. Combined, they hold 514 unique securities.

Which pays a higher dividend, VOO or XPND?

VOO yields 1.09% while XPND yields 0.07%, so VOO currently pays the higher dividend yield.

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