ARP vs VOO
PMV Adaptive Risk Parity ETF vs Vanguard S&P 500 ETF
Which is better, ARP or VOO?
Multi Alternative against Large Cap Blend.
VOO has a lower expense ratio. ARP led over 1Y, VOO over 3Y and the full window.
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
| Metric | ARP | VOO |
|---|---|---|
| Expense Ratio | 1.42% | 0.03%Best |
| AUM | $73M | $997.4B |
| Dividend Yield | 5.76% | 1.04% |
| Holdings | 8 | 509 |
| YTD Return | +13.08%Best | +12.37% |
| 1Y Return | +20.50%Best | +16.61% |
| 3Y Return (annualized) | +13.78% | +21.37%Best |
| 5Y Return (annualized) | - | +13.49% |
| Volatility (annualized) | 9.4%Best | 12.5% |
| Max Drawdown | -10.1%Best | -18.7% |
| $10,000 over 3.7 years | $14,910 | $20,864Best |
| Top 10 Weight | - | 37.6% |
| Fund Family | PMV Capital | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Dec 21, 2022 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 3.7 years row, are measured over the window both funds cover: Dec 22, 2022 to Sep 18, 2026 (3.7 years).
ARP 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 3.7 years both funds cover.
ARP vs VOO Performance
PMV Adaptive Risk Parity ETF (ARP) is an ETF from PMV Capital and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year ARP returned +20.50% while VOO returned +16.61%. Year to date, ARP is up 13.08% versus a gain of 12.37% for VOO.
Over three years, ARP compounded at +13.78% per year against +21.37% for VOO. Across the full 4-year window we track, VOO has the edge at +21.99% annualized vs +11.40%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 12.5% compared with 9.4% for ARP. 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 -10.1% for ARP 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 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ARP charges 1.42% per year while VOO charges 0.03%. On a $10,000 position that is $142 vs $3 annually, a gap of $139 per year that compounds over a long holding period. On income, ARP currently yields 5.76% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 8 holdings in ARP and 494 in VOO, totalling 99.8% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 8 positions we hold weights for in ARP and 494 in VOO, against full books of 8 and 509.
What only one of them owns
Measured across the 8 and 494 positions we hold weights for.
VOO holds 487 positions ARP does not, 99.2% of the fund.
Largest: NVDA 7.55%, AAPL 7.05%, MSFT 5.36%, AMZN 4.13%, GOOGL 3.24%
You are not choosing between two funds in isolation.
Whichever of ARP and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ARP or VOO?
ARP has an expense ratio of 1.42% while VOO charges 0.03%. VOO is the cheaper option, by $139 a year on a $10,000 investment.
Which performed better, ARP or VOO?
Over the past year ARP returned +20.50% vs +16.61% for VOO, so ARP leads on 1-year performance. Over the longest common window we track (4 years), ARP annualized +11.40% vs +21.99% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ARP or VOO?
VOO has been the more volatile fund at 12.5% annualized versus 9.4% for ARP. Worst drawdown: ARP -10.1% vs VOO -18.7%.
Should I hold both ARP and VOO?
ARP and VOO have a monthly-return correlation of 0.66, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ARP or VOO?
ARP yields 5.76% while VOO yields 1.04%, so ARP currently pays the higher dividend yield.
Is VOO better than ARP?
VOO has a lower expense ratio. ARP led over 1Y, VOO over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.