BRW vs VOO

BRW vs VOO

Which is better, BRW or VOO?

Bank Loan against Large Cap Blend.

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window.

Lower Fees: VOOHigher Returns: VOO

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

MetricBRWVOO
Expense Ratio1.43%0.03%Best
AUM$367M$997.4B
Dividend Yield13.86%1.08%
Holdings1,064509
YTD Return+2.67%+12.74%Best
1Y Return-8.47%+19.43%Best
3Y Return (annualized)+8.40%+21.18%Best
5Y Return (annualized)+7.12%+12.76%Best
Volatility (annualized)12.0%Best14.1%
Max Drawdown-54.9%-34.3%Best
$10,000 over 5 years$14,104$18,230Best
Fund FamilySaba CapitalVanguard (US)
CategoryFixed IncomeEquity
StyleBank LoanLarge Cap Blend
InceptionMay 12, 1988Sep 7, 2010

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 8, 2026 (16 years).

BRW 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

BRW vs VOO Performance

Saba Capital Income & Opportunities Fund (BRW) is an ETF from Saba Capital and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year BRW returned -8.47% while VOO returned +19.43%. Year to date, BRW is up 2.67% versus a gain of 12.74% for VOO.

Over three years, BRW compounded at +8.40% per year against +21.18% for VOO; over five years the annualized figures are +7.12% and +12.76% respectively. Across the full 16-year window we track, VOO has the edge at +13.43% annualized vs +0.96%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 12.0% for BRW. 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 -54.9% for BRW and -34.3% 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 0.59. They move together some of the time, and apart the rest.

Fees and Cost Over Time

BRW charges 1.43% per year while VOO charges 0.03%. On a $10,000 position that is $143 vs $3 annually, a gap of $140 per year that compounds over a long holding period. On income, BRW currently yields 13.86% against 1.08% for VOO.

Holdings Overlap

VOO already in BRW38.7%

At least 38.7% of VOO's money is in holdings BRW also owns.

Stated as a floor: for BRW, our book for it covers 61.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.

The two portfolios partly overlap.

The two holdings books were reported 334 days apart, BRW as of Jul 31, 2025 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.

98 positions in common, counted across the 532 positions we hold weights for in BRW and 504 in VOO, against full books of 1,064 and 509.

Top Shared Holdings

StockWeight in BRWWeight in VOODifference
NVDANvidia Corp.-0.06%7.51%7.57%
MSFTMicrosoft Corp 4.100 Feb 06 37-0.09%4.30%4.39%
AMZNAmazon.Com Inc-0.51%3.62%4.13%
GOOGAlphabet, Inc., Class C-0.46%2.59%3.05%
MUMicron Technology, Inc.-0.01%2.02%2.03%
TSLATesla Motors Inc0.00%1.84%1.84%
METAMeta Platform Inc -0.39%1.92%2.31%
LLYEli Lilly & Co.-0.04%1.47%1.51%
V'visa Inc., Class 'a''-0.12%0.87%0.99%
KLACKla Corp.-0.03%0.61%0.64%

38.7% of VOO is already inside BRW.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

BRWVOO

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Frequently Asked Questions

Which is cheaper, BRW or VOO?

BRW has an expense ratio of 1.43% while VOO charges 0.03%. VOO is the cheaper option, by $140 a year on a $10,000 investment.

Which performed better, BRW or VOO?

Over the past year BRW returned -8.47% vs +19.43% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), BRW annualized +0.96% vs +13.43% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, BRW or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 12.0% for BRW. Worst drawdown: BRW -54.9% vs VOO -34.3%.

Should I hold both BRW and VOO?

BRW and VOO have a monthly-return correlation of 0.59, 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 BRW and VOO?

At least 38.7% of VOO's money is in holdings BRW also owns. Our book for BRW is partial, so the real figure is this or higher. They hold 98 positions in common, counted across the 532 positions we hold weights for in BRW and 504 in VOO.

Which pays a higher dividend, BRW or VOO?

BRW yields 13.86% while VOO yields 1.08%, so BRW currently pays the higher dividend yield.

Is VOO better than BRW?

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.