BGDV vs VOO
Bahl & Gaynor Dividend ETF vs Vanguard S&P 500 ETF
Which is better, BGDV or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y and the full window. BGDV is less concentrated, with 36.3% of the fund in its ten largest positions against 36.4%.
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 | BGDV | VOO |
|---|---|---|
| Expense Ratio | 0.45% | 0.03%Best |
| AUM | $809M | $997.4B |
| Dividend Yield | 0.99% | 1.08% |
| Holdings | 54 | 509 |
| YTD Return | +13.08% | +13.37%Best |
| 1Y Return | +19.54% | +20.08%Best |
| 3Y Return (annualized) | - | +21.29% |
| 5Y Return (annualized) | - | +12.89% |
| Volatility (annualized) | 11.2%Best | 12.6% |
| Max Drawdown | -14.8%Best | -18.7% |
| $10,000 over 1.7 years | $12,661 | $12,964Best |
| Top 10 Weight | 36.3%Best | 36.4% |
| Fund Family | Bahl & Gaynor | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 11, 2024 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Dec 12, 2024 to Sep 4, 2026 (1.7 years).
BGDV 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 1.7 years both funds cover.
BGDV vs VOO Performance
Bahl & Gaynor Dividend ETF (BGDV) is an ETF from Bahl & Gaynor and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year BGDV returned +19.54% while VOO returned +20.08%. Year to date, BGDV is up 13.08% versus a gain of 13.37% 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 12.6% compared with 11.2% for BGDV. 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 -14.8% for BGDV 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BGDV charges 0.45% per year while VOO charges 0.03%. On a $10,000 position that is $45 vs $3 annually, a gap of $42 per year that compounds over a long holding period. On income, BGDV currently yields 0.99% against 1.08% for VOO.
Holdings Overlap
83.0% of BGDV's money is in holdings VOO also owns. 30.8% of VOO's money is in holdings BGDV also owns.
Most of BGDV is already inside VOO. Owning both mostly buys the same companies twice.
The two holdings books were reported 48 days apart, BGDV as of Aug 17, 2026 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
41 positions in common, counted across the 49 positions we hold weights for in BGDV and 504 in VOO, against full books of 54 and 509.
What only one of them owns
Our book lists 453 positions for VOO that do not appear in our book for BGDV (68.5% of the fund), and 5 for BGDV that do not appear in VOO (10.3%).
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 BGDV | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 1.31% | 7.51% | 6.20% |
| AVGOBroadcom Inc | 4.60% | 2.77% | 1.83% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 2.42% | 4.30% | 1.88% |
| GOOGL Alphabet Inc. Class A | 2.80% | 3.25% | 0.45% |
| LLYEli Lilly & Co. | 3.61% | 1.47% | 2.14% |
| WDCWestern Digital Corp Company Guar 11/28 3 | 4.12% | 0.34% | 3.78% |
| JPMJpmorgan Chase & Co. | 2.43% | 1.26% | 1.17% |
| ABBVAbbvie Inc. | 2.99% | 0.69% | 2.30% |
| METAMeta Platform Inc | 1.69% | 1.92% | 0.23% |
| UNHUnitedhealth Group | 2.88% | 0.59% | 2.29% |
83.0% of BGDV 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, BGDV or VOO?
BGDV has an expense ratio of 0.45% while VOO charges 0.03%. VOO is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, BGDV or VOO?
Over the past year BGDV returned +19.54% vs +20.08% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), BGDV annualized +14.89% vs +16.50% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BGDV or VOO?
VOO has been the more volatile fund at 12.6% annualized versus 11.2% for BGDV. Worst drawdown: BGDV -14.8% vs VOO -18.7%.
Should I hold both BGDV and VOO?
BGDV and VOO have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BGDV and VOO?
83.0% of BGDV's money is in holdings VOO also owns. 30.8% of VOO's is in holdings BGDV also owns. They hold 41 positions in common, counted across the 49 positions we hold weights for in BGDV and 504 in VOO.
Which pays a higher dividend, BGDV or VOO?
BGDV yields 0.99% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
Is VOO better than BGDV?
VOO has a lower expense ratio. VOO led over 1Y and the full window. BGDV is less concentrated, with 36.3% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.