CGHY vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricCGHYVOOWinner
Expense Ratio0.39%0.03%
AUM$121M$979.0B
Dividend Yield5.46%1.09%
Holdings202509
YTD Return+2.46%+13.72%
1Y Return+5.55%+21.63%
3Y Return (annualized)-+21.55%
5Y Return (annualized)-+13.26%
Volatility (annualized)2.2%14.1%
Max Drawdown-2.4%-34.3%
Fund FamilyCapital Group (US)Vanguard (US)
CategoryFixed IncomeEquity
InceptionJun 24, 2025Sep 7, 2010

CGHY vs VOO Performance

Capital Group High Yield Bond ETF (CGHY) is a ETF from Capital Group (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year CGHY returned +5.55% while VOO returned +21.63%. Year to date, CGHY is up 2.46% versus a gain of 13.72% for VOO.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 2.2% for CGHY. 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 -2.4% for CGHY 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 0.82. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

CGHY charges 0.39% per year while VOO charges 0.03%. On a $10,000 position that is $39 vs $3 annually, a gap of $36 per year that compounds over a long holding period. On income, CGHY currently yields 5.46% against 1.09% for VOO.

Holdings Overlap

0.1%overlap

CGHY and VOO share 2 holdings out of 647 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in CGHYWeight in VOODifference
CCL0.22%0.06%0.16%
AXON0.10%0.07%0.03%

Frequently Asked Questions

Which is cheaper, CGHY or VOO?

CGHY has an expense ratio of 0.39% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $36 per year of difference.

Which performed better, CGHY or VOO?

Over the past year CGHY returned +5.55% vs +21.63% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), CGHY annualized +5.57% vs +13.56% for VOO. Past performance does not guarantee future results.

Which is riskier, CGHY or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 2.2% for CGHY. Worst drawdown: CGHY -2.4% vs VOO -34.3%.

Should I hold both CGHY and VOO?

CGHY and VOO have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between CGHY and VOO?

CGHY and VOO share 2 common holdings with a 0.1% weight overlap. Combined, they hold 647 unique securities.

Which pays a higher dividend, CGHY or VOO?

CGHY yields 5.46% while VOO yields 1.09%, so CGHY currently pays the higher dividend yield.

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