AWEG vs VOO
Alger Weatherbie Enduring Growth 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 | AWEG | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.03% | |
| AUM | $5M | $997.4B | |
| Dividend Yield | 3.70% | 1.08% | |
| Holdings | 25 | 509 | |
| YTD Return | -7.16% | +12.68% | |
| 1Y Return | -9.92% | +21.87% | |
| 3Y Return (annualized) | - | +22.06% | |
| 5Y Return (annualized) | - | +12.95% | |
| Volatility (annualized) | 18.1% | 14.1% | |
| Max Drawdown | -27.0% | -34.3% | |
| Fund Family | Alger | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 6, 2023 | Sep 7, 2010 |
AWEG vs VOO Performance
Alger Weatherbie Enduring Growth ETF (AWEG) is a ETF from Alger and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year AWEG returned -9.92% while VOO returned +21.87%. Year to date, AWEG is down 7.16% versus a gain of 12.68% for VOO.
Risk: Volatility and Drawdowns
AWEG has been the more volatile fund, with annualized monthly volatility of 18.1% 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 -27.0% for AWEG 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AWEG charges 0.65% per year while VOO charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, AWEG currently yields 3.70% against 1.08% for VOO.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, AWEG or VOO?
AWEG has an expense ratio of 0.65% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, AWEG or VOO?
Over the past year AWEG returned -9.92% vs +21.87% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (3 years), AWEG annualized +7.07% vs +13.47% for VOO. Past performance does not guarantee future results.
Which is riskier, AWEG or VOO?
AWEG has been the more volatile fund at 18.1% annualized versus 14.1% for VOO. Worst drawdown: AWEG -27.0% vs VOO -34.3%.
Should I hold both AWEG and VOO?
AWEG and VOO have a monthly-return correlation of 0.77, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AWEG and VOO?
AWEG and VOO share 2 common holdings with a 0.1% weight overlap. Combined, they hold 526 unique securities.
Which pays a higher dividend, AWEG or VOO?
AWEG yields 3.70% while VOO yields 1.08%, so AWEG currently pays the higher dividend yield.
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