BSTP vs VOO
Innovator Buffer Step Up Strategy ETF vs Vanguard S&P 500 ETF
Which is better, BSTP or VOO?
Long-Short Strategy against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.99.
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 | BSTP | VOO |
|---|---|---|
| Expense Ratio | 0.89% | 0.03%Best |
| AUM | $59M | $997.4B |
| Dividend Yield | 0.00% | 1.04% |
| Holdings | 12 | 509 |
| YTD Return | +7.83% | +12.37%Best |
| 1Y Return | +10.63% | +16.61%Best |
| 3Y Return (annualized) | +13.90% | +21.37%Best |
| 5Y Return (annualized) | - | +13.49% |
| Volatility (annualized) | 10.9%Best | 15.7% |
| Max Drawdown | -16.7%Best | -22.1% |
| $10,000 over 4.5 years | $15,762 | $19,456Best |
| Fund Family | Innovator ETFs Trust | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Long-Short Strategy | Large Cap Blend |
| Inception | Mar 7, 2022 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.5 years row, are measured over the window both funds cover: Mar 8, 2022 to Sep 18, 2026 (4.5 years).
BSTP 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 4.5 years both funds cover.
BSTP vs VOO Performance
Innovator Buffer Step Up Strategy ETF (BSTP) is an ETF from Innovator ETFs Trust and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year BSTP returned +10.63% while VOO returned +16.61%. Year to date, BSTP is up 7.83% versus a gain of 12.37% for VOO.
Over three years, BSTP compounded at +13.90% per year against +21.37% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 10.9% for BSTP. 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 -16.7% for BSTP and -22.1% 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 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BSTP charges 0.89% per year while VOO charges 0.03%. On a $10,000 position that is $89 vs $3 annually, a gap of $86 per year that compounds over a long holding period. On income, BSTP currently yields 0.00% against 1.04% for VOO.
You are not choosing between two funds in isolation.
Whichever of BSTP 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, BSTP or VOO?
BSTP has an expense ratio of 0.89% while VOO charges 0.03%. VOO is the cheaper option, by $86 a year on a $10,000 investment.
Which performed better, BSTP or VOO?
Over the past year BSTP returned +10.63% vs +16.61% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSTP or VOO?
VOO has been the more volatile fund at 15.7% annualized versus 10.9% for BSTP. Worst drawdown: BSTP -16.7% vs VOO -22.1%.
Should I hold both BSTP and VOO?
BSTP and VOO have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, BSTP or VOO?
BSTP yields 0.00% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than BSTP?
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.