CEFA vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricCEFAVOOWinner
Expense Ratio0.35%0.03%
AUM$59M$997.4B
Dividend Yield2.68%1.08%
Holdings367509
YTD Return+13.06%+14.27%
1Y Return+20.86%+21.79%
3Y Return (annualized)+18.32%+22.19%
5Y Return (annualized)+8.23%+13.28%
Volatility (annualized)16.4%14.2%
Max Drawdown-32.0%-34.3%
Fund FamilyGlobal X by mirae AssetVanguard (US)
CategoryEquityEquity
InceptionJun 22, 2020Sep 7, 2010

CEFA vs VOO Performance

Global X S&P Catholic Values Developed ex-US ETF (CEFA) is a ETF from Global X by mirae Asset and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year CEFA returned +20.86% while VOO returned +21.79%. Year to date, CEFA is up 13.06% versus a gain of 14.27% for VOO.

Over three years, CEFA compounded at +18.32% per year against +22.19% for VOO; over five years the annualized figures are +8.23% and +13.28% respectively. Across the full 6-year window we track, VOO has the edge at +13.59% annualized vs +11.51%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

CEFA has been the more volatile fund, with annualized monthly volatility of 16.4% 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 -32.0% for CEFA and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

CEFA charges 0.35% per year while VOO charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, CEFA currently yields 2.68% against 1.08% for VOO.

Holdings Overlap

0.1%overlap

CEFA and VOO share 3 holdings out of 849 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in CEFAWeight in VOODifference
DG0.55%0.04%0.51%
ORCL0.01%0.39%0.38%
BK0.03%0.15%0.12%

Frequently Asked Questions

Which is cheaper, CEFA or VOO?

CEFA has an expense ratio of 0.35% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $32 per year of difference.

Which performed better, CEFA or VOO?

Over the past year CEFA returned +20.86% vs +21.79% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (6 years), CEFA annualized +11.51% vs +13.59% for VOO. Past performance does not guarantee future results.

Which is riskier, CEFA or VOO?

CEFA has been the more volatile fund at 16.4% annualized versus 14.2% for VOO. Worst drawdown: CEFA -32.0% vs VOO -34.3%.

Should I hold both CEFA and VOO?

CEFA and VOO have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between CEFA and VOO?

CEFA and VOO share 3 common holdings with a 0.1% weight overlap. Combined, they hold 849 unique securities.

Which pays a higher dividend, CEFA or VOO?

CEFA yields 2.68% while VOO yields 1.08%, so CEFA currently pays the higher dividend yield.

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