ALTL vs VOO

ALTL vs VOO

Which is better, ALTL or VOO?

Large Cap Value against Large Cap Blend.

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. ALTL is less concentrated, with 12.5% of the fund in its ten largest positions against 36.4%.

Lower Fees: VOOHigher Returns: VOOLess Concentrated: ALTL

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

MetricALTLVOO
Expense Ratio0.60%0.03%Best
AUM$88M$997.4B
Dividend Yield0.95%1.08%
Holdings102509
YTD Return+8.12%+13.37%Best
1Y Return+15.16%+20.08%Best
3Y Return (annualized)+8.73%+21.29%Best
5Y Return (annualized)+2.53%+12.89%Best
Volatility (annualized)19.9%15.5%Best
Max Drawdown-31.9%-24.5%Best
$10,000 over 5 years$11,331$18,335Best
Top 10 Weight12.5%Best36.4%
Fund FamilyPacer ETFsVanguard (US)
CategoryEquityEquity
StyleLarge Cap ValueLarge Cap Blend
InceptionJun 24, 2020Sep 7, 2010

Volatility and max drawdown are measured over the window both funds cover: Jun 25, 2020 to Sep 4, 2026 (6.2 years).

ALTL 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 6.2 years both funds cover.

ALTL vs VOO Performance

Pacer Lunt Large Cap Alternator ETF (ALTL) is an ETF from Pacer ETFs and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year ALTL returned +15.16% while VOO returned +20.08%. Year to date, ALTL is up 8.12% versus a gain of 13.37% for VOO.

Over three years, ALTL compounded at +8.73% per year against +21.29% for VOO; over five years the annualized figures are +2.53% and +12.89% respectively. Across the full 6-year window we track, VOO has the edge at +17.37% annualized vs +12.24%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

ALTL has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 15.5% 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 -31.9% for ALTL and -24.5% 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 0.70. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

ALTL charges 0.60% per year while VOO charges 0.03%. On a $10,000 position that is $60 vs $3 annually, a gap of $57 per year that compounds over a long holding period. On income, ALTL currently yields 0.95% against 1.08% for VOO.

Holdings Overlap

ALTL already in VOO98.1%
VOO already in ALTL17.0%

98.1% of ALTL's money is in holdings VOO also owns. 17.0% of VOO's money is in holdings ALTL also owns.

Most of ALTL is already inside VOO. Owning both mostly buys the same companies twice.

98 positions in common, counted across the 101 positions we hold weights for in ALTL and 504 in VOO, against full books of 102 and 509.

What only one of them owns

Measured across the 101 and 504 positions we hold weights for.

VOO holds 396 positions ALTL does not, 82.3% of the fund.

Largest: NVDA 7.51%, AAPL 6.59%, MSFT 4.30%, AMZN 3.62%, GOOGL 3.25%

Top Shared Holdings

StockWeight in ALTLWeight in VOODifference
BRK.BBerkshire Hathaway, Inc., Class B1.33%1.42%0.09%
JPMJpmorgan Chase & Co.0.99%1.26%0.27%
JNJJohnson & Johnson - Common1.24%0.95%0.29%
V'visa Inc., Class 'a''0.97%0.87%0.10%
KOCoca-cola Co.1.23%0.49%0.74%
MAMastercard Inc0.98%0.64%0.34%
COSTCostco Wholesale Corp.0.96%0.64%0.32%
BACBank Of America Corp Preferred Stock 6.51.01%0.58%0.43%
PGProcter & Gamble Company1.05%0.53%0.52%
WMTWalmart, Inc.0.72%0.77%0.05%

98.1% of ALTL 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.

ALTLVOO

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, ALTL or VOO?

ALTL has an expense ratio of 0.60% while VOO charges 0.03%. VOO is the cheaper option, by $57 a year on a $10,000 investment.

Which performed better, ALTL or VOO?

Over the past year ALTL returned +15.16% vs +20.08% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (6 years), ALTL annualized +12.24% vs +17.37% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, ALTL or VOO?

ALTL has been the more volatile fund at 19.9% annualized versus 15.5% for VOO. Worst drawdown: ALTL -31.9% vs VOO -24.5%.

Should I hold both ALTL and VOO?

ALTL and VOO have a monthly-return correlation of 0.70, 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 ALTL and VOO?

98.1% of ALTL's money is in holdings VOO also owns. 17.0% of VOO's is in holdings ALTL also owns. They hold 98 positions in common, counted across the 101 positions we hold weights for in ALTL and 504 in VOO.

Which pays a higher dividend, ALTL or VOO?

ALTL yields 0.95% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.

Is VOO better than ALTL?

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. ALTL is less concentrated, with 12.5% 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.