BBHL vs VOO
BBH Select Large Cap ETF vs Vanguard S&P 500 ETF
Which is better, BBHL or VOO?
BBHL has been ahead.
VOO has a lower expense ratio. BBHL led over 1Y. The two have moved almost in lockstep, correlation 0.92. VOO is less concentrated, with 39.1% of the fund in its ten largest positions against 44.7%.
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 | BBHL | VOO |
|---|---|---|
| Expense Ratio | 0.71% | 0.03%Best |
| AUM | $522M | $1.0T |
| Dividend Yield | 0.00% | 1.05% |
| Holdings | 50 | 519 |
| YTD Return | +10.82% | +12.11%Best |
| 1Y Return | +13.43%Best | +12.50% |
| 3Y Return (annualized) | - | +21.54% |
| 5Y Return (annualized) | - | +11.93% |
| Volatility (annualized) | 12.2%Best | 13.3% |
| Top 10 Weight | 44.7% | 39.1%Best |
| Fund Family | Brown Brothers Harriman | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 17, 2025 | Sep 7, 2010 |
Not shown on this pair: Max Drawdown, $10,000 over the window.
BBHL 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
BBHL vs VOO Performance
BBH Select Large Cap ETF (BBHL) is an ETF from Brown Brothers Harriman and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year BBHL returned +13.43% while VOO returned +12.50%. Year to date, BBHL is up 10.82% versus a gain of 12.11% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 12.2% for BBHL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BBHL charges 0.71% per year while VOO charges 0.03%. On a $10,000 position that is $71 vs $3 annually, a gap of $68 per year that compounds over a long holding period. On income, BBHL currently yields 0.00% against 1.05% for VOO.
Holdings Overlap
93.5% of BBHL's money is in holdings VOO also owns. 47.3% of VOO's money is in holdings BBHL also owns.
Most of BBHL is already inside VOO. Owning both mostly buys the same companies twice.
44 positions in common, counted across the 49 positions we hold weights for in BBHL and 506 in VOO, against full books of 50 and 519.
What only one of them owns
Our book lists 457 positions for VOO that do not appear in our book for BBHL (52.6% of the fund), and 3 for BBHL that do not appear in VOO (1.1%).
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.
Top Shared Holdings
| Stock | Weight in BBHL | Weight in VOO | Difference |
|---|---|---|---|
| AAPLApple Inc | 5.91% | 7.38% | 1.47% |
| MSFTMicrosoft Corp | 6.97% | 5.78% | 1.19% |
| NVDANvidia Corp | 2.82% | 8.39% | 5.57% |
| AMZNAmazon.Com Inc | 4.89% | 3.71% | 1.18% |
| GOOGAlphabet Inc. C | 5.25% | 2.45% | 2.80% |
| MAMastercard Inc | 4.50% | 0.68% | 3.82% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 3.57% | 1.41% | 2.16% |
| LLYEli Lilly & Co | 3.31% | 1.41% | 1.90% |
| AVGOBroadcom Inc | 1.57% | 2.54% | 0.97% |
| METAMeta Platforms Inc | 1.52% | 2.43% | 0.91% |
93.5% of BBHL is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BBHL or VOO?
BBHL has an expense ratio of 0.71% while VOO charges 0.03%. VOO is the cheaper option, by $68 a year on a $10,000 investment.
Which performed better, BBHL or VOO?
Over the past year BBHL returned +13.43% vs +12.50% for VOO, so BBHL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BBHL or VOO?
VOO has been the more volatile fund at 13.3% annualized versus 12.2% for BBHL.
Should I hold both BBHL and VOO?
BBHL and VOO have a monthly-return correlation of 0.92, 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.
What is the holdings overlap between BBHL and VOO?
93.5% of BBHL's money is in holdings VOO also owns. 47.3% of VOO's is in holdings BBHL also owns. They hold 44 positions in common, counted across the 49 positions we hold weights for in BBHL and 506 in VOO.
Which pays a higher dividend, BBHL or VOO?
BBHL yields 0.00% while VOO yields 1.05%, so VOO currently pays the higher dividend yield.
Is VOO better than BBHL?
VOO has a lower expense ratio. BBHL led over 1Y. The two have moved almost in lockstep, correlation 0.92. VOO is less concentrated, with 39.1% of the fund in its ten largest positions against 44.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.