ERNZ vs VOO
TrueShares Active Yield ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | ERNZ | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 3.25% | 0.03% | |
| AUM | $6M | $997.4B | |
| Dividend Yield | 8.71% | 1.08% | |
| Holdings | 144 | 509 | |
| YTD Return | +3.84% | +14.27% | |
| 1Y Return | -3.17% | +21.79% | |
| 3Y Return (annualized) | - | +22.19% | |
| 5Y Return (annualized) | - | +13.28% | |
| Volatility (annualized) | 9.6% | 14.2% | |
| Max Drawdown | -14.2% | -34.3% | |
| Fund Family | TrueShares | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 30, 2024 | Sep 7, 2010 |
ERNZ vs VOO Performance
TrueShares Active Yield ETF (ERNZ) is a ETF from TrueShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year ERNZ returned -3.17% while VOO returned +21.79%. Year to date, ERNZ is up 3.84% versus a gain of 14.27% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 9.6% for ERNZ. 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 -14.2% for ERNZ 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 0.47. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ERNZ charges 3.25% per year while VOO charges 0.03%. On a $10,000 position that is $325 vs $3 annually, a gap of $322 per year that compounds over a long holding period. On income, ERNZ currently yields 8.71% against 1.08% for VOO.
Holdings Overlap
ERNZ and VOO share 32 holdings out of 614 unique holdings combined, representing a 4.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, ERNZ or VOO?
ERNZ has an expense ratio of 3.25% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $322 per year of difference.
Which performed better, ERNZ or VOO?
Over the past year ERNZ returned -3.17% vs +21.79% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), ERNZ annualized -0.17% vs +13.59% for VOO. Past performance does not guarantee future results.
Which is riskier, ERNZ or VOO?
VOO has been the more volatile fund at 14.2% annualized versus 9.6% for ERNZ. Worst drawdown: ERNZ -14.2% vs VOO -34.3%.
Should I hold both ERNZ and VOO?
ERNZ and VOO have a monthly-return correlation of 0.47, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ERNZ and VOO?
ERNZ and VOO share 32 common holdings with a 4.0% weight overlap. Combined, they hold 614 unique securities.
Which pays a higher dividend, ERNZ or VOO?
ERNZ yields 8.71% while VOO yields 1.08%, so ERNZ currently pays the higher dividend yield.
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