BMED vs VOO
iShares Health Innovation Active ETF vs Vanguard S&P 500 ETF
Which is better, BMED or VOO?
All Cap Blend against Large Cap Blend.
VOO has a lower expense ratio. BMED led over 1Y, VOO over 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 42.4%.
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 | BMED | VOO |
|---|---|---|
| Expense Ratio | 0.55% | 0.03%Best |
| AUM | $14M | $997.4B |
| Dividend Yield | 0.24% | 1.04% |
| Holdings | 61 | 509 |
| YTD Return | +13.16% | +13.31%Best |
| 1Y Return | +30.05%Best | +17.07% |
| 3Y Return (annualized) | +15.09% | +22.72%Best |
| 5Y Return (annualized) | +2.30% | +13.19%Best |
| Volatility (annualized) | 17.1% | 15.4%Best |
| Max Drawdown | -36.4% | -24.5%Best |
| $10,000 over 5 years | $11,204 | $18,580Best |
| Top 10 Weight | 42.4% | 37.6%Best |
| Fund Family | BlackRock, Inc. (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Blend |
| Inception | Sep 29, 2020 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Oct 1, 2020 to Sep 23, 2026 (6 years).
BMED 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 6 years both funds cover.
BMED vs VOO Performance
iShares Health Innovation Active ETF (BMED) is an ETF from BlackRock, Inc. (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year BMED returned +30.05% while VOO returned +17.07%. Year to date, BMED is up 13.16% versus a gain of 13.31% for VOO.
Over three years, BMED compounded at +15.09% per year against +22.72% for VOO; over five years the annualized figures are +2.30% and +13.19% respectively. Across the full 6-year window we track, VOO has the edge at +16.34% annualized vs +5.10%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BMED has been the more volatile fund, with annualized monthly volatility of 17.1% compared with 15.4% 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 -36.4% for BMED and -24.5% 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 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BMED charges 0.55% per year while VOO charges 0.03%. On a $10,000 position that is $55 vs $3 annually, a gap of $52 per year that compounds over a long holding period. On income, BMED currently yields 0.24% against 1.04% for VOO.
Holdings Overlap
69.2% of BMED's money is in holdings VOO also owns. 4.4% of VOO's money is in holdings BMED also owns.
The two portfolios partly overlap.
20 positions in common, counted across the 53 positions we hold weights for in BMED and 494 in VOO, against full books of 61 and 509.
What only one of them owns
Our book lists 467 positions for VOO that do not appear in our book for BMED (94.7% of the fund), and 23 for BMED that do not appear in VOO (19.1%).
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 BMED | Weight in VOO | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 4.99% | 0.50% | 4.49% |
| ABBVAbbvie Inc. | 4.61% | 0.69% | 3.92% |
| GILDGilead Sciences | 5.01% | 0.25% | 4.76% |
| JNJJohnson & Johnson - Common | 4.27% | 0.96% | 3.31% |
| TMOThermo Fisherscientific Inc. | 4.12% | 0.33% | 3.79% |
| CRLCharles River Laboratories International Inc | 4.22% | 0.02% | 4.20% |
| EWEdwards Lifesciences Corp | 3.95% | 0.08% | 3.87% |
| MRNAModerna therapeutics | 3.86% | 0.03% | 3.83% |
| DHRDanaher Corporation | 3.64% | 0.19% | 3.45% |
| IQVI Q V I A Holdings Inc. | 3.72% | 0.06% | 3.66% |
69.2% of BMED 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, BMED or VOO?
BMED has an expense ratio of 0.55% while VOO charges 0.03%. VOO is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, BMED or VOO?
Over the past year BMED returned +30.05% vs +17.07% for VOO, so BMED leads on 1-year performance. Over the longest common window we track (6 years), BMED annualized +5.10% vs +16.34% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BMED or VOO?
BMED has been the more volatile fund at 17.1% annualized versus 15.4% for VOO. Worst drawdown: BMED -36.4% vs VOO -24.5%.
Should I hold both BMED and VOO?
BMED and VOO have a monthly-return correlation of 0.68, 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 BMED and VOO?
69.2% of BMED's money is in holdings VOO also owns. 4.4% of VOO's is in holdings BMED also owns. They hold 20 positions in common, counted across the 53 positions we hold weights for in BMED and 494 in VOO.
Which pays a higher dividend, BMED or VOO?
BMED yields 0.24% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than BMED?
VOO has a lower expense ratio. BMED led over 1Y, VOO over 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 42.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.