ESIX vs VOO
State Street SPDR S&P SmallCap 600 ESG ETF vs Vanguard S&P 500 ETF
Which is better, ESIX or VOO?
Small Cap Blend against Large Cap Blend.
VOO has a lower expense ratio. ESIX led over 1Y, VOO over the full window. ESIX is less concentrated, with 8.3% of the fund in its ten largest positions against 37.6%.
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 | ESIX | VOO |
|---|---|---|
| Expense Ratio | 0.12% | 0.03%Best |
| AUM | $8M | $997.4B |
| Dividend Yield | 1.44% | 1.04% |
| Holdings | 435 | 509 |
| Volatility (annualized) | 20.6% | 16.0%Best |
| Max Drawdown | -28.1% | -23.4%Best |
| $10,000 over 4.3 years | $12,314 | $16,645Best |
| Top 10 Weight | 8.3%Best | 37.6% |
| Fund Family | State Street Investment Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Blend |
| Inception | Jan 10, 2022 | Sep 7, 2010 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 132 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. ESIX has data through May 12, 2026 and VOO through Sep 21, 2026.
Volatility and max drawdown, and the $10,000 over 4.3 years row, are measured over the window both funds cover: Jan 11, 2022 to May 12, 2026 (4.3 years).
Risk: Volatility and Drawdowns
ESIX has been the more volatile fund, with annualized monthly volatility of 20.6% compared with 16.0% 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 -28.1% for ESIX and -23.4% 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ESIX charges 0.12% per year while VOO charges 0.03%. On a $10,000 position that is $12 vs $3 annually, a gap of $9 per year that compounds over a long holding period. On income, ESIX currently yields 1.44% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 380 holdings in ESIX and 494 in VOO, totalling 99.3% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 182 days apart, ESIX as of Jan 30, 2026 and VOO as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 380 positions we hold weights for in ESIX and 494 in VOO, against full books of 435 and 509.
What only one of them owns
Our book lists 487 positions for VOO that do not appear in our book for ESIX (99.2% of the fund), and 370 for ESIX that do not appear in VOO (96.9%).
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.
You are not choosing between two funds in isolation.
Whichever of ESIX and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ESIX or VOO?
ESIX has an expense ratio of 0.12% while VOO charges 0.03%. VOO is the cheaper option, by $9 a year on a $10,000 investment.
Which is riskier, ESIX or VOO?
ESIX has been the more volatile fund at 20.6% annualized versus 16.0% for VOO. Worst drawdown: ESIX -28.1% vs VOO -23.4%.
Should I hold both ESIX and VOO?
ESIX and VOO have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ESIX or VOO?
ESIX yields 1.44% while VOO yields 1.04%, so ESIX currently pays the higher dividend yield.
Is VOO better than ESIX?
VOO has a lower expense ratio. ESIX led over 1Y, VOO over the full window. ESIX is less concentrated, with 8.3% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.