EFIV vs VOO
State Street SPDR S&P 500 ESG ETF vs Vanguard S&P 500 ETF
Which is better, EFIV or VOO?
Nearly the same fund. VOO costs less.
VOO has a lower expense ratio. EFIV led over 1Y, 5Y and the full window, VOO over 3Y. The two have moved almost in lockstep, correlation 0.99. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 40.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EFIV | VOO |
|---|---|---|
| Expense Ratio | 0.10% | 0.03%Best |
| AUM | $1.0B | $997.4B |
| Dividend Yield | 0.93% | 1.04% |
| Holdings | 332 | 509 |
| YTD Return | +11.94% | +12.37%Best |
| 1Y Return | +18.57%Best | +16.61% |
| 3Y Return (annualized) | +21.08% | +21.37%Best |
| 5Y Return (annualized) | +14.11%Best | +13.49% |
| Volatility (annualized) | 15.7% | 15.5%Best |
| Max Drawdown | -24.5%Tie | -24.5%Tie |
| $10,000 over 5 years | $19,347Best | $18,827 |
| Top 10 Weight | 40.7% | 37.6%Best |
| Fund Family | State Street Investment Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 27, 2020 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Jul 28, 2020 to Sep 18, 2026 (6.1 years).
EFIV vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.1 years both funds cover.
EFIV vs VOO Performance
State Street SPDR S&P 500 ESG ETF (EFIV) is an ETF from State Street Investment Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year EFIV returned +18.57% while VOO returned +16.61%. Year to date, EFIV is up 11.94% versus a gain of 12.37% for VOO.
Over three years, EFIV compounded at +21.08% per year against +21.37% for VOO; over five years the annualized figures are +14.11% and +13.49% respectively. Across the full 6-year window we track, EFIV has the edge at +17.17% annualized vs +16.62%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EFIV has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 15.5% 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 -24.5% for EFIV and -24.5% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
EFIV charges 0.10% per year while VOO charges 0.03%. On a $10,000 position that is $10 vs $3 annually, a gap of $7 per year that compounds over a long holding period. On income, EFIV currently yields 0.93% against 1.04% for VOO.
Holdings Overlap
97.3% of EFIV's money is in holdings VOO also owns. 60.0% of VOO's money is in holdings EFIV also owns.
Most of EFIV is already inside VOO. Owning both mostly buys the same companies twice.
312 positions in common, counted across the 327 positions we hold weights for in EFIV and 494 in VOO, against full books of 332 and 509.
What only one of them owns
Our book lists 178 positions for VOO that do not appear in our book for EFIV (39.4% of the fund), and 12 for EFIV that do not appear in VOO (2.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in EFIV | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 13.03% | 7.55% | 5.48% |
| MSFTMicrosoft Corp | 9.18% | 5.36% | 3.82% |
| GOOGLAlphabet Inc,class A | 4.85% | 3.24% | 1.61% |
| GOOGAlphabet Inc | 3.86% | 2.62% | 1.24% |
| MUMicron Technology, Inc. | 2.64% | 1.44% | 1.20% |
| LLYEli Lilly & Co. | 2.23% | 1.41% | 0.82% |
| VVisa Inc Class A | 1.54% | 0.93% | 0.61% |
| WMTWalmart, Inc. | 1.12% | 0.76% | 0.36% |
| MAMastercard Inc | 1.16% | 0.72% | 0.44% |
| ABBVAbbvie Inc. | 1.11% | 0.69% | 0.42% |
97.3% of EFIV is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EFIV or VOO?
EFIV has an expense ratio of 0.10% while VOO charges 0.03%. VOO is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, EFIV or VOO?
Over the past year EFIV returned +18.57% vs +16.61% for VOO, so EFIV leads on 1-year performance. Over the longest common window we track (6 years), EFIV annualized +17.17% vs +16.62% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EFIV or VOO?
EFIV has been the more volatile fund at 15.7% annualized versus 15.5% for VOO. Worst drawdown: EFIV -24.5% vs VOO -24.5%.
Should I hold both EFIV and VOO?
EFIV and VOO have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between EFIV and VOO?
97.3% of EFIV's money is in holdings VOO also owns. 60.0% of VOO's is in holdings EFIV also owns. They hold 312 positions in common, counted across the 327 positions we hold weights for in EFIV and 494 in VOO.
Which pays a higher dividend, EFIV or VOO?
EFIV yields 0.93% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than EFIV?
VOO has a lower expense ratio. EFIV led over 1Y, 5Y and the full window, VOO over 3Y. The two have moved almost in lockstep, correlation 0.99. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 40.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.