AVGE vs VOO
Avantis All Equity Markets ETF vs Vanguard S&P 500 ETF
Which is better, AVGE or VOO?
Each has led over a different period.
VOO has a lower expense ratio. AVGE led over 1Y, VOO over 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 95.4%.
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 | AVGE | VOO |
|---|---|---|
| Expense Ratio | 0.23% | 0.03%Best |
| AUM | $1.2B | $997.4B |
| Dividend Yield | 1.41% | 1.08% |
| Holdings | 16 | 509 |
| YTD Return | +18.54%Best | +13.37% |
| 1Y Return | +26.83%Best | +20.08% |
| 3Y Return (annualized) | +21.09% | +21.29%Best |
| 5Y Return (annualized) | - | +12.89% |
| Volatility (annualized) | 13.6% | 13.2%Best |
| Max Drawdown | -17.1%Best | -18.7% |
| $10,000 over 3.9 years | $21,689 | $22,228Best |
| Top 10 Weight | 95.4% | 36.4%Best |
| Fund Family | Avantis Investors | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 27, 2022 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Sep 29, 2022 to Sep 4, 2026 (3.9 years).
AVGE 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 3.9 years both funds cover.
AVGE vs VOO Performance
Avantis All Equity Markets ETF (AVGE) is an ETF from Avantis Investors and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year AVGE returned +26.83% while VOO returned +20.08%. Year to date, AVGE is up 18.54% versus a gain of 13.37% for VOO.
Over three years, AVGE compounded at +21.09% per year against +21.29% for VOO. Across the full 4-year window we track, VOO has the edge at +22.73% annualized vs +21.96%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVGE has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 13.2% 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 -17.1% for AVGE 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AVGE charges 0.23% per year while VOO charges 0.03%. On a $10,000 position that is $23 vs $3 annually, a gap of $20 per year that compounds over a long holding period. On income, AVGE currently yields 1.41% against 1.08% for VOO.
Holdings Overlap
We hold position weights for 15 holdings in AVGE and 505 in VOO, totalling 100.0% and 99.9% 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 15 positions we hold weights for in AVGE and 505 in VOO, against full books of 16 and 509.
What only one of them owns
Our book lists 497 positions for VOO that do not appear in our book for AVGE (99.5% of the fund), and 14 for AVGE that do not appear in VOO (99.9%).
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.
You are not choosing between two funds in isolation.
Whichever of AVGE 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, AVGE or VOO?
AVGE has an expense ratio of 0.23% while VOO charges 0.03%. VOO is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, AVGE or VOO?
Over the past year AVGE returned +26.83% vs +20.08% for VOO, so AVGE leads on 1-year performance. Over the longest common window we track (4 years), AVGE annualized +21.96% vs +22.73% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVGE or VOO?
AVGE has been the more volatile fund at 13.6% annualized versus 13.2% for VOO. Worst drawdown: AVGE -17.1% vs VOO -18.7%.
Should I hold both AVGE and VOO?
AVGE and VOO have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, AVGE or VOO?
AVGE yields 1.41% while VOO yields 1.08%, so AVGE currently pays the higher dividend yield.
Is VOO better than AVGE?
VOO has a lower expense ratio. AVGE led over 1Y, VOO over 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 95.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.