Quick Verdict

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

Lower Fees: VOOHigher Returns: CTEFMore Diversified: VOO

Side-by-Side Comparison

MetricCTEFVOOWinner
Expense Ratio0.45%0.03%
AUM$646M$979.0B
Dividend Yield0.05%1.09%
Holdings45509
YTD Return+31.53%+13.80%
1Y Return+59.16%+23.71%
3Y Return (annualized)-+21.50%
5Y Return (annualized)-+13.44%
Volatility (annualized)22.8%14.1%
Max Drawdown-15.0%-34.3%
Fund FamilyCastellan ETFsVanguard (US)
CategoryEquityEquity
InceptionJun 17, 2025Sep 7, 2010

CTEF vs VOO Performance

Castellan Targeted Equity ETF (CTEF) is a ETF from Castellan ETFs and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year CTEF returned +59.16% while VOO returned +23.71%. Year to date, CTEF is up 31.53% versus a gain of 13.80% for VOO.

Risk: Volatility and Drawdowns

CTEF has been the more volatile fund, with annualized monthly volatility of 22.8% compared with 14.1% 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 -15.0% for CTEF 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

CTEF charges 0.45% per year while VOO charges 0.03%. On a $10,000 position that is $45 vs $3 annually, a gap of $42 per year that compounds over a long holding period. On income, CTEF currently yields 0.05% against 1.09% for VOO.

Holdings Overlap

10.5%overlap

CTEF and VOO share 13 holdings out of 515 unique holdings combined, representing a 10.5% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in CTEFWeight in VOODifference
NVDA4.21%7.51%3.30%
MU8.25%2.02%6.23%
WDC6.72%0.34%6.38%
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Frequently Asked Questions

Which is cheaper, CTEF or VOO?

CTEF has an expense ratio of 0.45% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $42 per year of difference.

Which performed better, CTEF or VOO?

Over the past year CTEF returned +59.16% vs +23.71% for VOO, so CTEF leads on 1-year performance. Over the longest common window we track (1 years), CTEF annualized +66.72% vs +13.58% for VOO. Past performance does not guarantee future results.

Which is riskier, CTEF or VOO?

CTEF has been the more volatile fund at 22.8% annualized versus 14.1% for VOO. Worst drawdown: CTEF -15.0% vs VOO -34.3%.

Should I hold both CTEF and VOO?

CTEF and VOO have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between CTEF and VOO?

CTEF and VOO share 13 common holdings with a 10.5% weight overlap. Combined, they hold 515 unique securities.

Which pays a higher dividend, CTEF or VOO?

CTEF yields 0.05% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.

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