ASET vs VOO
FlexShares Real Assets Allocation Index Fund 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 | ASET | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.03% | |
| AUM | $7M | $979.0B | |
| Dividend Yield | 3.39% | 1.09% | |
| Holdings | 4 | 509 | |
| YTD Return | +16.77% | +13.72% | |
| 1Y Return | +9.25% | +21.63% | |
| 3Y Return (annualized) | +9.79% | +21.55% | |
| 5Y Return (annualized) | +7.41% | +13.26% | |
| Volatility (annualized) | 14.4% | 14.1% | |
| Max Drawdown | -42.8% | -34.3% | |
| Fund Family | Flexshares Trust | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 23, 2015 | Sep 7, 2010 |
ASET vs VOO Performance
FlexShares Real Assets Allocation Index Fund (ASET) is a ETF from Flexshares Trust and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year ASET returned +9.25% while VOO returned +21.63%. Year to date, ASET is up 16.77% versus a gain of 13.72% for VOO.
Over three years, ASET compounded at +9.79% per year against +21.55% for VOO; over five years the annualized figures are +7.41% and +13.26% respectively. Across the full 10-year window we track, VOO has the edge at +13.56% annualized vs +6.15%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ASET has been the more volatile fund, with annualized monthly volatility of 14.4% 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 -42.8% for ASET 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ASET charges 0.49% per year while VOO charges 0.03%. On a $10,000 position that is $49 vs $3 annually, a gap of $46 per year that compounds over a long holding period. On income, ASET currently yields 3.39% against 1.09% for VOO.
Frequently Asked Questions
Which is cheaper, ASET or VOO?
ASET has an expense ratio of 0.49% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $46 per year of difference.
Which performed better, ASET or VOO?
Over the past year ASET returned +9.25% vs +21.63% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (10 years), ASET annualized +6.15% vs +13.56% for VOO. Past performance does not guarantee future results.
Which is riskier, ASET or VOO?
ASET has been the more volatile fund at 14.4% annualized versus 14.1% for VOO. Worst drawdown: ASET -42.8% vs VOO -34.3%.
Should I hold both ASET and VOO?
ASET and VOO have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, ASET or VOO?
ASET yields 3.39% while VOO yields 1.09%, so ASET currently pays the higher dividend yield.
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