BPAY vs VOO
iShares FinTech Active ETF vs Vanguard S&P 500 ETF
Which is better, BPAY or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 38.4%.
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 | BPAY | VOO |
|---|---|---|
| Expense Ratio | 0.55% | 0.03%Best |
| AUM | $10M | $997.4B |
| Dividend Yield | 6.83% | 1.08% |
| Holdings | 42 | 509 |
| YTD Return | +2.54% | +13.37%Best |
| 1Y Return | -9.03% | +20.08%Best |
| 3Y Return (annualized) | +12.06% | +21.29%Best |
| 5Y Return (annualized) | - | +12.89% |
| Volatility (annualized) | 24.1% | 14.2%Best |
| Max Drawdown | -33.6% | -18.7%Best |
| $10,000 over 4 years | $12,384 | $18,893Best |
| Top 10 Weight | 38.4% | 36.4%Best |
| Fund Family | BlackRock, Inc. (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 16, 2022 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Aug 18, 2022 to Sep 4, 2026 (4 years).
BPAY 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 4 years both funds cover.
BPAY vs VOO Performance
iShares FinTech Active ETF (BPAY) is an ETF from BlackRock, Inc. (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year BPAY returned -9.03% while VOO returned +20.08%. Year to date, BPAY is up 2.54% versus a gain of 13.37% for VOO.
Over three years, BPAY compounded at +12.06% per year against +21.29% for VOO. Across the full 4-year window we track, VOO has the edge at +17.24% annualized vs +5.49%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BPAY has been the more volatile fund, with annualized monthly volatility of 24.1% 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 -33.6% for BPAY 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BPAY 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, BPAY currently yields 6.83% against 1.08% for VOO.
Holdings Overlap
31.0% of BPAY's money is in holdings VOO also owns. 2.5% of VOO's money is in holdings BPAY also owns.
The two portfolios partly overlap.
11 positions in common, counted across the 40 positions we hold weights for in BPAY and 505 in VOO, against full books of 42 and 509.
What only one of them owns
Our book lists 486 positions for VOO that do not appear in our book for BPAY (97.0% of the fund), and 13 for BPAY that do not appear in VOO (32.7%).
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 BPAY | Weight in VOO | Difference |
|---|---|---|---|
| GPNGlobal Payments Inc. | 4.56% | 0.02% | 4.54% |
| COFCapital One Financial Corp. | 4.20% | 0.19% | 4.01% |
| VVisa Inc Class A | 2.91% | 0.87% | 2.04% |
| HOODRobinhood Markets Inc - A | 3.45% | 0.12% | 3.33% |
| SQBlock Inc | 3.44% | 0.06% | 3.38% |
| MAMastercard Inc | 2.83% | 0.64% | 2.19% |
| SCHWSchwab Strategic T | 2.84% | 0.23% | 2.61% |
| FISFidelity National Information Srvcs Inc | 2.47% | 0.03% | 2.44% |
| AXPAmerican Express Co. | 2.11% | 0.28% | 1.83% |
| FIFiserv, Inc. (United States) | 1.57% | 0.04% | 1.53% |
31.0% of BPAY 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, BPAY or VOO?
BPAY 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, BPAY or VOO?
Over the past year BPAY returned -9.03% vs +20.08% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), BPAY annualized +5.49% vs +17.24% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BPAY or VOO?
BPAY has been the more volatile fund at 24.1% annualized versus 14.2% for VOO. Worst drawdown: BPAY -33.6% vs VOO -18.7%.
Should I hold both BPAY and VOO?
BPAY and VOO have a monthly-return correlation of 0.74, 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 BPAY and VOO?
31.0% of BPAY's money is in holdings VOO also owns. 2.5% of VOO's is in holdings BPAY also owns. They hold 11 positions in common, counted across the 40 positions we hold weights for in BPAY and 505 in VOO.
Which pays a higher dividend, BPAY or VOO?
BPAY yields 6.83% while VOO yields 1.08%, so BPAY currently pays the higher dividend yield.
Is VOO better than BPAY?
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 38.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.