ARMY vs VOO
Tema International Defense 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 509 holdings.
Side-by-Side Comparison
| Metric | ARMY | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.68% | 0.03% | |
| AUM | $7M | $997.4B | |
| Dividend Yield | 0.00% | 1.08% | |
| Holdings | 34 | 509 | |
| YTD Return | -0.28% | +12.13% | |
| 1Y Return | -3.12% | +20.36% | |
| 3Y Return (annualized) | - | +20.90% | |
| 5Y Return (annualized) | - | +12.59% | |
| Volatility (annualized) | 30.3% | 14.1% | |
| Max Drawdown | -21.4% | -34.3% | |
| Fund Family | Tema Global Limited | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 25, 2025 | Sep 7, 2010 |
ARMY vs VOO Performance
Tema International Defense ETF (ARMY) is a ETF from Tema Global Limited and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year ARMY returned -3.12% while VOO returned +20.36%. Year to date, ARMY is down 0.28% versus a gain of 12.13% for VOO.
Risk: Volatility and Drawdowns
ARMY has been the more volatile fund, with annualized monthly volatility of 30.3% compared with 14.1% 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 -21.4% for ARMY 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 0.23. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ARMY charges 0.68% per year while VOO charges 0.03%. On a $10,000 position that is $68 vs $3 annually, a gap of $65 per year that compounds over a long holding period. On income, ARMY currently yields 0.00% against 1.08% for VOO.
Holdings Overlap
ARMY and VOO share 7 holdings out of 531 unique holdings combined, representing a 1.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, ARMY or VOO?
ARMY has an expense ratio of 0.68% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $65 per year of difference.
Which performed better, ARMY or VOO?
Over the past year ARMY returned -3.12% vs +20.36% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results.
Which is riskier, ARMY or VOO?
ARMY has been the more volatile fund at 30.3% annualized versus 14.1% for VOO. Worst drawdown: ARMY -21.4% vs VOO -34.3%.
Should I hold both ARMY and VOO?
ARMY and VOO have a monthly-return correlation of 0.23, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ARMY and VOO?
ARMY and VOO share 7 common holdings with a 1.6% weight overlap. Combined, they hold 531 unique securities.
Which pays a higher dividend, ARMY or VOO?
ARMY yields 0.00% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
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