BMVP vs VOO
Invesco Bloomberg MVP Multi-factor 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 | BMVP | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.03% | |
| AUM | $104M | $979.0B | |
| Dividend Yield | 1.79% | 1.09% | |
| Holdings | 58 | 509 | |
| YTD Return | +12.62% | +14.48% | |
| 1Y Return | +14.11% | +22.02% | |
| 3Y Return (annualized) | +13.61% | +21.80% | |
| 5Y Return (annualized) | +7.39% | +13.36% | |
| Volatility (annualized) | 15.6% | 14.2% | |
| Max Drawdown | -53.4% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | May 1, 2003 | Sep 7, 2010 |
BMVP vs VOO Performance
Invesco Bloomberg MVP Multi-factor ETF (BMVP) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year BMVP returned +14.11% while VOO returned +22.02%. Year to date, BMVP is up 12.62% versus a gain of 14.48% for VOO.
Over three years, BMVP compounded at +13.61% per year against +21.80% for VOO; over five years the annualized figures are +7.39% and +13.36% respectively. Across the full 16-year window we track, VOO has the edge at +13.61% annualized vs +7.68%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BMVP has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 14.2% 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 -53.4% for BMVP 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BMVP charges 0.29% per year while VOO charges 0.03%. On a $10,000 position that is $29 vs $3 annually, a gap of $26 per year that compounds over a long holding period. On income, BMVP currently yields 1.79% against 1.09% for VOO.
Holdings Overlap
BMVP and VOO share 53 holdings out of 508 unique holdings combined, representing a 10.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BMVP or VOO?
BMVP has an expense ratio of 0.29% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, BMVP or VOO?
Over the past year BMVP returned +14.11% vs +22.02% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), BMVP annualized +7.68% vs +13.61% for VOO. Past performance does not guarantee future results.
Which is riskier, BMVP or VOO?
BMVP has been the more volatile fund at 15.6% annualized versus 14.2% for VOO. Worst drawdown: BMVP -53.4% vs VOO -34.3%.
Should I hold both BMVP and VOO?
BMVP and VOO have a monthly-return correlation of 0.90, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between BMVP and VOO?
BMVP and VOO share 53 common holdings with a 10.5% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, BMVP or VOO?
BMVP yields 1.79% while VOO yields 1.09%, so BMVP currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.