CERY vs VOO
CERY vs VOO
State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. CERY delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | CERY | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.28% | 0.03% | |
| AUM | $981M | $979.0B | |
| Dividend Yield | 4.28% | 1.09% | |
| Holdings | 11 | 509 | |
| YTD Return | +25.21% | +13.80% | |
| 1Y Return | +37.71% | +23.71% | |
| 3Y Return (annualized) | - | +21.50% | |
| 5Y Return (annualized) | - | +13.44% | |
| Volatility (annualized) | 14.1% | 14.1% | |
| Max Drawdown | -14.3% | -34.3% | |
| Fund Family | State Street Investment Management | Vanguard (US) | |
| Category | Commodity | Equity | |
| Inception | Sep 4, 2024 | Sep 7, 2010 |
CERY vs VOO Performance
State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (CERY) is a ETF from State Street Investment Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year CERY returned +37.71% while VOO returned +23.71%. Year to date, CERY is up 25.21% versus a gain of 13.80% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 14.1% for CERY. 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 -14.3% for CERY 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 -0.01. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CERY charges 0.28% per year while VOO charges 0.03%. On a $10,000 position that is $28 vs $3 annually, a gap of $25 per year that compounds over a long holding period. On income, CERY currently yields 4.28% against 1.09% for VOO.
Holdings Overlap
CERY and VOO share 0 holdings out of 507 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, CERY or VOO?
CERY has an expense ratio of 0.28% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $25 per year of difference.
Which performed better, CERY or VOO?
Over the past year CERY returned +37.71% vs +23.71% for VOO, so CERY leads on 1-year performance. Over the longest common window we track (2 years), CERY annualized +24.04% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, CERY or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 14.1% for CERY. Worst drawdown: CERY -14.3% vs VOO -34.3%.
Should I hold both CERY and VOO?
CERY and VOO have a monthly-return correlation of -0.01, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CERY and VOO?
CERY and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, CERY or VOO?
CERY yields 4.28% while VOO yields 1.09%, so CERY currently pays the higher dividend yield.
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