ADVE vs VOO
Matthews Asia Dividend Active ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. ADVE delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | ADVE | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.03% | |
| AUM | $9M | $979.0B | |
| Dividend Yield | 2.22% | 1.09% | |
| Holdings | 67 | 509 | |
| YTD Return | +16.86% | +13.72% | |
| 1Y Return | +29.17% | +21.63% | |
| 3Y Return (annualized) | +20.09% | +21.55% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 12.3% | 14.1% | |
| Max Drawdown | -18.4% | -34.3% | |
| Fund Family | Matthews Asia Funds | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 21, 2023 | Sep 7, 2010 |
ADVE vs VOO Performance
Matthews Asia Dividend Active ETF (ADVE) is a ETF from Matthews Asia Funds and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year ADVE returned +29.17% while VOO returned +21.63%. Year to date, ADVE is up 16.86% versus a gain of 13.72% for VOO.
Over three years, ADVE compounded at +20.09% per year against +21.55% for VOO. Across the full 3-year window we track, ADVE has the edge at +20.09% annualized vs +13.56%. 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 12.3% for ADVE. 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 -18.4% for ADVE 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 0.64. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ADVE charges 0.79% per year while VOO charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, ADVE currently yields 2.22% against 1.09% for VOO.
Holdings Overlap
ADVE and VOO share 0 holdings out of 567 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, ADVE or VOO?
ADVE has an expense ratio of 0.79% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $76 per year of difference.
Which performed better, ADVE or VOO?
Over the past year ADVE returned +29.17% vs +21.63% for VOO, so ADVE leads on 1-year performance. Over the longest common window we track (3 years), ADVE annualized +20.09% vs +13.56% for VOO. Past performance does not guarantee future results.
Which is riskier, ADVE or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 12.3% for ADVE. Worst drawdown: ADVE -18.4% vs VOO -34.3%.
Should I hold both ADVE and VOO?
ADVE and VOO have a monthly-return correlation of 0.64, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ADVE and VOO?
ADVE and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 567 unique securities.
Which pays a higher dividend, ADVE or VOO?
ADVE yields 2.22% while VOO yields 1.09%, so ADVE currently pays the higher dividend yield.
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