ACWV vs VOO
iShares MSCI Global Min Vol Factor ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | ACWV | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.03% | |
| AUM | $3.3B | $979.0B | |
| Dividend Yield | 1.96% | 1.09% | |
| Holdings | 437 | 509 | |
| YTD Return | +6.36% | +13.72% | |
| 1Y Return | +7.56% | +21.63% | |
| 3Y Return (annualized) | +10.91% | +21.55% | |
| 5Y Return (annualized) | +5.75% | +13.26% | |
| Volatility (annualized) | 10.0% | 14.1% | |
| Max Drawdown | -28.8% | -34.3% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 18, 2011 | Sep 7, 2010 |
ACWV vs VOO Performance
iShares MSCI Global Min Vol Factor ETF (ACWV) is a ETF from iShares by BlackRock (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year ACWV returned +7.56% while VOO returned +21.63%. Year to date, ACWV is up 6.36% versus a gain of 13.72% for VOO.
Over three years, ACWV compounded at +10.91% per year against +21.55% for VOO; over five years the annualized figures are +5.75% and +13.26% respectively. Across the full 15-year window we track, VOO has the edge at +13.56% annualized vs +8.48%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 10.0% 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 worth weighing if you expect to sell during market stress rather than ride it out.
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 1.96% against 1.09% for VOO.
Holdings Overlap
ACWV and VOO share 140 holdings out of 746 unique holdings combined, representing a 22.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $17 per year of difference.
Which performed better, ACWV or VOO?
Over the past year ACWV returned +7.56% vs +21.63% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (15 years), ACWV annualized +8.48% vs +13.56% for VOO. Past performance does not guarantee future results.
Which is riskier, ACWV or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 10.0% 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 combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ACWV and VOO?
ACWV and VOO share 140 common holdings with a 22.4% weight overlap. Combined, they hold 746 unique securities.
Which pays a higher dividend, ACWV or VOO?
ACWV yields 1.96% while VOO yields 1.09%, so ACWV currently pays the higher dividend yield.
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