CSPF vs VOO

CSPF vs VOO
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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

MetricCSPFVOOWinner
Expense Ratio0.59%0.03%
AUM$316M$997.4B
Dividend Yield5.78%1.08%
Holdings320509
YTD Return+2.71%+12.87%
1Y Return+4.95%+21.15%
3Y Return (annualized)-+20.93%
5Y Return (annualized)-+12.76%
Volatility (annualized)3.3%14.1%
Max Drawdown-3.1%-34.3%
Fund FamilyCohen & Steers FundsVanguard (US)
CategoryFixed IncomeEquity
InceptionFeb 3, 2025Sep 7, 2010

CSPF vs VOO Performance

Cohen & Steers Preferred and Income Opportunities Active ETF (CSPF) is a ETF from Cohen & Steers Funds and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year CSPF returned +4.95% while VOO returned +21.15%. Year to date, CSPF is up 2.71% versus a gain of 12.87% for VOO.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 3.3% for CSPF. 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 -3.1% for CSPF 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 0.77. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

CSPF 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, CSPF currently yields 5.78% against 1.08% for VOO.

Holdings Overlap

0.2%overlap

CSPF and VOO share 4 holdings out of 639 unique holdings combined, representing a 0.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in CSPFWeight in VOODifference
GS0.03%0.44%0.41%
C0.05%0.36%0.31%
MTB0.34%0.05%0.29%
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Frequently Asked Questions

Which is cheaper, CSPF or VOO?

CSPF has an expense ratio of 0.59% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $56 per year of difference.

Which performed better, CSPF or VOO?

Over the past year CSPF returned +4.95% vs +21.15% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), CSPF annualized +7.10% vs +13.46% for VOO. Past performance does not guarantee future results.

Which is riskier, CSPF or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 3.3% for CSPF. Worst drawdown: CSPF -3.1% vs VOO -34.3%.

Should I hold both CSPF and VOO?

CSPF and VOO have a monthly-return correlation of 0.77, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between CSPF and VOO?

CSPF and VOO share 4 common holdings with a 0.2% weight overlap. Combined, they hold 639 unique securities.

Which pays a higher dividend, CSPF or VOO?

CSPF yields 5.78% while VOO yields 1.08%, so CSPF currently pays the higher dividend yield.

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