BMN vs VOO
BlackRock 2037 Municipal Target Term Trust vs Vanguard S&P 500 ETF
Which is better, BMN or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window.
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 | BMN | VOO |
|---|---|---|
| Expense Ratio | 2.17% | 0.03%Best |
| AUM | $152M | $997.4B |
| Dividend Yield | 4.50% | 1.04% |
| Holdings | 170 | 509 |
| YTD Return | -4.77% | +12.25%Best |
| 1Y Return | -0.21% | +17.03%Best |
| 3Y Return (annualized) | +4.71% | +21.25%Best |
| 5Y Return (annualized) | - | +13.08% |
| Volatility (annualized) | 10.3%Best | 13.0% |
| Max Drawdown | -13.0%Best | -18.7% |
| $10,000 over 3.9 years | $11,311 | $21,187Best |
| Fund Family | BlackRock, Inc. (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Blend |
| Inception | Oct 26, 2022 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Oct 27, 2022 to Sep 17, 2026 (3.9 years).
BMN 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.
BMN vs VOO Performance
BlackRock 2037 Municipal Target Term Trust (BMN) is an ETF from BlackRock, Inc. (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year BMN returned -0.21% while VOO returned +17.03%. Year to date, BMN is down 4.77% versus a gain of 12.25% for VOO.
Over three years, BMN compounded at +4.71% per year against +21.25% for VOO. Across the full 4-year window we track, VOO has the edge at +21.23% annualized vs +3.21%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 10.3% for BMN. 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 -13.0% for BMN 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 0.55. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BMN charges 2.17% per year while VOO charges 0.03%. On a $10,000 position that is $217 vs $3 annually, a gap of $214 per year that compounds over a long holding period. On income, BMN currently yields 4.50% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 63 holdings in BMN and 494 in VOO, totalling 68.6% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 122 days apart, BMN as of Mar 31, 2026 and VOO as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 63 positions we hold weights for in BMN and 494 in VOO, against full books of 170 and 509.
You are not choosing between two funds in isolation.
Whichever of BMN 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, BMN or VOO?
BMN has an expense ratio of 2.17% while VOO charges 0.03%. VOO is the cheaper option, by $214 a year on a $10,000 investment.
Which performed better, BMN or VOO?
Over the past year BMN returned -0.21% vs +17.03% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), BMN annualized +3.21% vs +21.23% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BMN or VOO?
VOO has been the more volatile fund at 13.0% annualized versus 10.3% for BMN. Worst drawdown: BMN -13.0% vs VOO -18.7%.
Should I hold both BMN and VOO?
BMN and VOO have a monthly-return correlation of 0.55, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BMN or VOO?
BMN yields 4.50% while VOO yields 1.04%, so BMN currently pays the higher dividend yield.
Is VOO better than BMN?
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.