CALF vs VOO
Pacer US Small Cap Cash Cows ETF vs Vanguard S&P 500 ETF
Which is better, CALF or VOO?
Small Cap Value against Large Cap Blend.
VOO has a lower expense ratio. CALF led over 1Y, VOO over 3Y, 5Y and the full window. CALF is less concentrated, with 20.1% of the fund in its ten largest positions against 36.4%.
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 | CALF | VOO |
|---|---|---|
| Expense Ratio | 0.59% | 0.03%Best |
| AUM | $4.0B | $997.4B |
| Dividend Yield | 1.12% | 1.08% |
| Holdings | 200 | 509 |
| YTD Return | +25.33%Best | +12.74% |
| 1Y Return | +28.08%Best | +19.43% |
| 3Y Return (annualized) | +11.21% | +21.18%Best |
| 5Y Return (annualized) | +7.13% | +12.76%Best |
| Volatility (annualized) | 23.4% | 15.9%Best |
| Max Drawdown | -47.6% | -34.3%Best |
| $10,000 over 5 years | $14,111 | $18,230Best |
| Top 10 Weight | 20.1%Best | 36.4% |
| Fund Family | Pacer ETFs | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Blend |
| Inception | Jun 16, 2017 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Jun 19, 2017 to Sep 8, 2026 (9.2 years).
CALF 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 9.2 years both funds cover.
CALF vs VOO Performance
Pacer US Small Cap Cash Cows ETF (CALF) is an ETF from Pacer ETFs and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year CALF returned +28.08% while VOO returned +19.43%. Year to date, CALF is up 25.33% versus a gain of 12.74% for VOO.
Over three years, CALF compounded at +11.21% per year against +21.18% for VOO; over five years the annualized figures are +7.13% and +12.76% respectively. Across the full 9-year window we track, VOO has the edge at +14.09% annualized vs +10.53%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CALF has been the more volatile fund, with annualized monthly volatility of 23.4% compared with 15.9% 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 -47.6% for CALF 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CALF charges 0.59% per year while VOO charges 0.03%. On a $10,000 position that is $59 vs $3 annually, a gap of $56 per year that compounds over a long holding period. On income, CALF currently yields 1.12% against 1.08% for VOO.
Holdings Overlap
24.0% of CALF's money is in holdings VOO also owns. 0.4% of VOO's money is in holdings CALF also owns.
CALF and VOO share little of their money.
15 positions in common, counted across the 199 positions we hold weights for in CALF and 504 in VOO, against full books of 200 and 509.
What only one of them owns
Our book lists 479 positions for VOO that do not appear in our book for CALF (98.9% of the fund), and 181 for CALF that do not appear in VOO (73.6%).
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 CALF | Weight in VOO | Difference |
|---|---|---|---|
| EXPEExpedia Group Inc. | 2.53% | 0.05% | 2.48% |
| OMCOmnicom Group Inc. | 1.94% | 0.03% | 1.91% |
| BIIBBiogen Inc. | 1.90% | 0.05% | 1.85% |
| CHKChesapeake Energy Corp | 1.91% | 0.03% | 1.88% |
| EQTEqt Corp. | 1.85% | 0.05% | 1.80% |
| LDOSLeidos Inc. | 1.86% | 0.02% | 1.84% |
| GDDYGodaddy Inc | 1.80% | 0.02% | 1.78% |
| BBYBest Buy Co. Inc. | 1.65% | 0.02% | 1.63% |
| CFCf Industries Ho | 1.63% | 0.03% | 1.60% |
| INCYIncyte Corp. | 1.48% | 0.03% | 1.45% |
24.0% of CALF 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, CALF or VOO?
CALF has an expense ratio of 0.59% while VOO charges 0.03%. VOO is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, CALF or VOO?
Over the past year CALF returned +28.08% vs +19.43% for VOO, so CALF leads on 1-year performance. Over the longest common window we track (9 years), CALF annualized +10.53% vs +14.09% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CALF or VOO?
CALF has been the more volatile fund at 23.4% annualized versus 15.9% for VOO. Worst drawdown: CALF -47.6% vs VOO -34.3%.
Should I hold both CALF and VOO?
CALF and VOO have a monthly-return correlation of 0.78, 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 CALF and VOO?
24.0% of CALF's money is in holdings VOO also owns. 0.4% of VOO's is in holdings CALF also owns. They hold 15 positions in common, counted across the 199 positions we hold weights for in CALF and 504 in VOO.
Which pays a higher dividend, CALF or VOO?
CALF yields 1.12% while VOO yields 1.08%, so CALF currently pays the higher dividend yield.
Is VOO better than CALF?
VOO has a lower expense ratio. CALF led over 1Y, VOO over 3Y, 5Y and the full window. CALF is less concentrated, with 20.1% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.