ALLW vs VOO
ALLW vs VOO
State Street Bridgewater All Weather 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 | ALLW | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.85% | 0.03% | |
| AUM | $1.6B | $979.0B | |
| Dividend Yield | 4.40% | 1.09% | |
| Holdings | 44 | 509 | |
| YTD Return | +7.89% | +13.80% | |
| 1Y Return | +18.12% | +23.71% | |
| 3Y Return (annualized) | - | +21.50% | |
| 5Y Return (annualized) | - | +13.44% | |
| Volatility (annualized) | 9.0% | 14.1% | |
| Max Drawdown | -8.8% | -34.3% | |
| Fund Family | SPDR State Street Global Advisors | Vanguard (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | Mar 5, 2025 | Sep 7, 2010 |
ALLW vs VOO Performance
State Street Bridgewater All Weather ETF (ALLW) is a ETF from SPDR State Street Global Advisors and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year ALLW returned +18.12% while VOO returned +23.71%. Year to date, ALLW is up 7.89% versus a gain of 13.80% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 9.0% for ALLW. 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 -8.8% for ALLW 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 0.52. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ALLW charges 0.85% per year while VOO charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, ALLW currently yields 4.40% against 1.09% for VOO.
Holdings Overlap
ALLW and VOO share 0 holdings out of 528 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, ALLW or VOO?
ALLW has an expense ratio of 0.85% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, ALLW or VOO?
Over the past year ALLW returned +18.12% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), ALLW annualized +16.84% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, ALLW or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 9.0% for ALLW. Worst drawdown: ALLW -8.8% vs VOO -34.3%.
Should I hold both ALLW and VOO?
ALLW and VOO have a monthly-return correlation of 0.52, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ALLW and VOO?
ALLW and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 528 unique securities.
Which pays a higher dividend, ALLW or VOO?
ALLW yields 4.40% while VOO yields 1.09%, so ALLW currently pays the higher dividend yield.
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