CBSE vs VOO
Clough Select Equity ETF vs Vanguard S&P 500 ETF
Which is better, CBSE or VOO?
Large Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. CBSE led over 1Y and the full window. CBSE is less concentrated, with 29.7% of the fund in its ten largest positions against 37.6%.
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 | CBSE | VOO |
|---|---|---|
| Expense Ratio | 0.85% | 0.03%Best |
| AUM | $49M | $997.4B |
| Dividend Yield | 0.29% | 1.04% |
| Holdings | 43 | 509 |
| Volatility (annualized) | 22.2% | 15.8%Best |
| Max Drawdown | -36.3% | -24.5%Best |
| $10,000 over 4.2 years | $17,888Best | $17,777 |
| Top 10 Weight | 29.7%Best | 37.6% |
| Fund Family | Changebridge Capital | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Nov 12, 2020 | Sep 7, 2010 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 609 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. CBSE has data through Jan 17, 2025 and VOO through Sep 18, 2026.
Volatility and max drawdown, and the $10,000 over 4.2 years row, are measured over the window both funds cover: Nov 13, 2020 to Jan 17, 2025 (4.2 years).
Risk: Volatility and Drawdowns
CBSE has been the more volatile fund, with annualized monthly volatility of 22.2% compared with 15.8% 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 -36.3% for CBSE and -24.5% 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CBSE charges 0.85% per year while VOO charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, CBSE currently yields 0.29% against 1.04% for VOO.
Holdings Overlap
41.8% of CBSE's money is in holdings VOO also owns. 15.0% of VOO's money is in holdings CBSE also owns.
The two portfolios partly overlap.
16 positions in common, counted across the 39 positions we hold weights for in CBSE and 494 in VOO, against full books of 43 and 509.
What only one of them owns
Our book lists 471 positions for VOO that do not appear in our book for CBSE (84.1% of the fund), and 20 for CBSE that do not appear in VOO (48.8%).
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 CBSE | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 3.06% | 7.55% | 4.49% |
| AVGOBroadcom Inc | 2.49% | 2.86% | 0.37% |
| GOOGAlphabet Inc | 2.41% | 2.62% | 0.21% |
| BKRBaker Hughes Co | 2.99% | 0.09% | 2.90% |
| APAApa Corp | 3.02% | 0.02% | 3.00% |
| CEGConstellation Energy Corporation Com | 2.86% | 0.13% | 2.73% |
| CRWDCrowdstrike Holdings Inc | 2.69% | 0.30% | 2.39% |
| MRVLMarvell Technology Group Ltd. | 2.66% | 0.26% | 2.40% |
| FCXFreeport-mcmoran Copper & Gold Inc. | 2.76% | 0.14% | 2.62% |
| APHAmphenol Corp. Class A | 2.51% | 0.31% | 2.20% |
41.8% of CBSE 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, CBSE or VOO?
CBSE has an expense ratio of 0.85% while VOO charges 0.03%. VOO is the cheaper option, by $82 a year on a $10,000 investment.
Which is riskier, CBSE or VOO?
CBSE has been the more volatile fund at 22.2% annualized versus 15.8% for VOO. Worst drawdown: CBSE -36.3% vs VOO -24.5%.
Should I hold both CBSE and VOO?
CBSE and VOO have a monthly-return correlation of 0.77, 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 CBSE and VOO?
41.8% of CBSE's money is in holdings VOO also owns. 15.0% of VOO's is in holdings CBSE also owns. They hold 16 positions in common, counted across the 39 positions we hold weights for in CBSE and 494 in VOO.
Which pays a higher dividend, CBSE or VOO?
CBSE yields 0.29% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than CBSE?
VOO has a lower expense ratio. CBSE led over 1Y and the full window. CBSE is less concentrated, with 29.7% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.