EVLN vs VOO
Eaton Vance Floating-Rate ETF vs Vanguard S&P 500 ETF
Which is better, EVLN or VOO?
Bank Loan against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y and the full window.
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 | EVLN | VOO |
|---|---|---|
| Expense Ratio | 0.60% | 0.03%Best |
| AUM | $1.5B | $997.4B |
| Dividend Yield | 6.76% | 1.04% |
| Holdings | 440 | 509 |
| YTD Return | +3.26% | +12.37%Best |
| 1Y Return | +4.61% | +16.61%Best |
| 3Y Return (annualized) | - | +21.37% |
| 5Y Return (annualized) | - | +13.49% |
| Volatility (annualized) | 2.0%Best | 12.0% |
| Max Drawdown | -2.8%Best | -18.7% |
| $10,000 over 2.6 years | $11,684 | $15,784Best |
| Fund Family | Morgan Stanley Investment Management | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Bank Loan | Large Cap Blend |
| Inception | Feb 6, 2024 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 8, 2024 to Sep 18, 2026 (2.6 years).
EVLN 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 2.6 years both funds cover.
EVLN vs VOO Performance
Eaton Vance Floating-Rate ETF (EVLN) is an ETF from Morgan Stanley Investment Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year EVLN returned +4.61% while VOO returned +16.61%. Year to date, EVLN is up 3.26% versus a gain of 12.37% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 12.0% compared with 2.0% for EVLN. 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 -2.8% for EVLN and -18.7% 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 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EVLN charges 0.60% per year while VOO charges 0.03%. On a $10,000 position that is $60 vs $3 annually, a gap of $57 per year that compounds over a long holding period. On income, EVLN currently yields 6.76% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 196 holdings in EVLN and 494 in VOO, totalling 56.0% 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 212 days apart, EVLN as of Dec 31, 2025 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 196 positions we hold weights for in EVLN and 494 in VOO, against full books of 440 and 509.
You are not choosing between two funds in isolation.
Whichever of EVLN 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, EVLN or VOO?
EVLN has an expense ratio of 0.60% while VOO charges 0.03%. VOO is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, EVLN or VOO?
Over the past year EVLN returned +4.61% vs +16.61% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EVLN or VOO?
VOO has been the more volatile fund at 12.0% annualized versus 2.0% for EVLN. Worst drawdown: EVLN -2.8% vs VOO -18.7%.
Should I hold both EVLN and VOO?
EVLN and VOO have a monthly-return correlation of 0.63, 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, EVLN or VOO?
EVLN yields 6.76% while VOO yields 1.04%, so EVLN currently pays the higher dividend yield.
Is VOO better than EVLN?
VOO has a lower expense ratio. VOO led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.