APIE vs VOO

APIE vs VOO

Which is better, APIE or VOO?

VOO has been ahead.

VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. APIE is less concentrated, with 23.5% of the fund in its ten largest positions against 36.4%.

Lower Fees: VOOHigher Returns: VOOLess Concentrated: APIE

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

MetricAPIEVOO
Expense Ratio0.45%0.03%Best
AUM$1.2B$997.4B
Dividend Yield3.35%1.04%
Holdings550509
YTD Return+7.53%+11.55%Best
1Y Return+15.77%+17.54%Best
3Y Return (annualized)+17.18%+20.71%Best
5Y Return (annualized)-+12.80%
Volatility (annualized)12.2%Best12.8%
Max Drawdown-15.9%Best-18.7%
$10,000 over 3.4 years$16,433$19,569Best
Top 10 Weight23.5%Best36.4%
Fund FamilyEnvestnet Asset ManagementVanguard (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionMay 3, 2023Sep 7, 2010

Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 3, 2023 to Sep 10, 2026 (3.4 years).

APIE 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 3.4 years both funds cover.

APIE vs VOO Performance

ActivePassive International Equity ETF (APIE) is an ETF from Envestnet Asset Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year APIE returned +15.77% while VOO returned +17.54%. Year to date, APIE is up 7.53% versus a gain of 11.55% for VOO.

Over three years, APIE compounded at +17.18% per year against +20.71% for VOO.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 12.2% for APIE. 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 -15.9% for APIE and -18.7% 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 0.74. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

APIE charges 0.45% per year while VOO charges 0.03%. On a $10,000 position that is $45 vs $3 annually, a gap of $42 per year that compounds over a long holding period. On income, APIE currently yields 3.35% against 1.04% for VOO.

Holdings Overlap

APIE already in VOO0.8%
VOO already in APIE1.8%

0.8% of APIE's money is in holdings VOO also owns. 1.8% of VOO's money is in holdings APIE also owns.

VOO and APIE share little of their money.

5 positions in common, counted across the 547 positions we hold weights for in APIE and 505 in VOO, against full books of 550 and 509.

What only one of them owns

Our book lists 491 positions for VOO that do not appear in our book for APIE (97.7% of the fund), and 239 for APIE that do not appear in VOO (35.0%).

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

StockWeight in APIEWeight in VOODifference
LLYEli Lilly & Co.0.00%1.47%1.47%
AONAon Plc-Class A0.26%0.11%0.15%
CCLCarnival Corp.0.25%0.06%0.19%
ACNAccenture Plc0.15%0.12%0.03%
VEAVanguard Ftse Developed Markets ETF0.13%0.01%0.12%

You are not choosing between two funds in isolation.

Whichever of APIE and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

APIEVOO

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, APIE or VOO?

APIE has an expense ratio of 0.45% while VOO charges 0.03%. VOO is the cheaper option, by $42 a year on a $10,000 investment.

Which performed better, APIE or VOO?

Over the past year APIE returned +15.77% vs +17.54% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, APIE or VOO?

VOO has been the more volatile fund at 12.8% annualized versus 12.2% for APIE. Worst drawdown: APIE -15.9% vs VOO -18.7%.

Should I hold both APIE and VOO?

APIE and VOO have a monthly-return correlation of 0.74, 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 APIE and VOO?

1.8% of VOO's money is in holdings APIE also owns. 1.8% of VOO's is in holdings APIE also owns. They hold 5 positions in common, counted across the 547 positions we hold weights for in APIE and 505 in VOO.

Which pays a higher dividend, APIE or VOO?

APIE yields 3.35% while VOO yields 1.04%, so APIE currently pays the higher dividend yield.

Is VOO better than APIE?

VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. APIE is less concentrated, with 23.5% 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.