ACWV vs VOO
iShares MSCI Global Min Vol Factor ETF vs Vanguard S&P 500 ETF
Which is better, ACWV or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. ACWV is less concentrated, with 12.1% of the fund in its ten largest positions against 36.4%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ACWV | VOO |
|---|---|---|
| Expense Ratio | 0.20% | 0.03%Best |
| AUM | $3.4B | $997.4B |
| Dividend Yield | 1.90% | 1.08% |
| Holdings | 437 | 509 |
| YTD Return | +8.04% | +13.81%Best |
| 1Y Return | +8.65% | +21.53%Best |
| 3Y Return (annualized) | +12.01% | +21.46%Best |
| 5Y Return (annualized) | +5.59% | +12.87%Best |
| Volatility (annualized) | 9.9%Best | 13.9% |
| Max Drawdown | -28.8%Best | -34.3% |
| $10,000 over 5 years | $13,125 | $18,319Best |
| Top 10 Weight | 12.1%Best | 36.4% |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 18, 2011 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 3, 2026 (14.9 years).
ACWV vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 14.9 years both funds cover.
ACWV vs VOO Performance
iShares MSCI Global Min Vol Factor ETF (ACWV) is an ETF from iShares by BlackRock (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year ACWV returned +8.65% while VOO returned +21.53%. Year to date, ACWV is up 8.04% versus a gain of 13.81% for VOO.
Over three years, ACWV compounded at +12.01% per year against +21.46% for VOO; over five years the annualized figures are +5.59% and +12.87% respectively. Across the full 15-year window we track, VOO has the edge at +13.88% annualized vs +8.56%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 13.9% compared with 9.9% for ACWV. 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 -28.8% for ACWV and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ACWV charges 0.20% per year while VOO charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, ACWV currently yields 1.90% against 1.08% for VOO.
Holdings Overlap
54.4% of ACWV's money is in holdings VOO also owns. 53.7% of VOO's money is in holdings ACWV also owns.
The two portfolios partly overlap.
140 positions in common, counted across the 381 positions we hold weights for in ACWV and 505 in VOO, against full books of 437 and 509.
What only one of them owns
Our book lists 358 positions for VOO that do not appear in our book for ACWV (45.8% of the fund), and 19 for ACWV that do not appear in VOO (5.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ACWV | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 0.67% | 7.51% | 6.84% |
| AAPLApple, Inc | 0.40% | 6.59% | 6.19% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 1.02% | 4.30% | 3.28% |
| AVGOBroadcom Inc | 0.28% | 2.77% | 2.49% |
| GOOGAlphabet Inc. C | 0.25% | 2.59% | 2.34% |
| JNJJohnson & Johnson - Common | 1.61% | 0.95% | 0.66% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.46% | 0.72% | 0.74% |
| MUMicron Technology, Inc. | 0.07% | 2.02% | 1.95% |
| XOMExxon Mobil Corp. | 0.83% | 0.88% | 0.05% |
| LLYEli Lilly & Co. | 0.19% | 1.47% | 1.28% |
54.4% of ACWV is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, ACWV or VOO?
ACWV has an expense ratio of 0.20% while VOO charges 0.03%. VOO is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, ACWV or VOO?
Over the past year ACWV returned +8.65% vs +21.53% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (15 years), ACWV annualized +8.56% vs +13.88% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACWV or VOO?
VOO has been the more volatile fund at 13.9% annualized versus 9.9% for ACWV. Worst drawdown: ACWV -28.8% vs VOO -34.3%.
Should I hold both ACWV and VOO?
ACWV and VOO have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ACWV and VOO?
54.4% of ACWV's money is in holdings VOO also owns. 53.7% of VOO's is in holdings ACWV also owns. They hold 140 positions in common, counted across the 381 positions we hold weights for in ACWV and 505 in VOO.
Which pays a higher dividend, ACWV or VOO?
ACWV yields 1.90% while VOO yields 1.08%, so ACWV currently pays the higher dividend yield.
Is VOO better than ACWV?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. ACWV is less concentrated, with 12.1% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.