EWJV vs VOO
iShares MSCI Japan Value ETF vs Vanguard S&P 500 ETF
Which is better, EWJV or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. EWJV led over 1Y, 3Y and 5Y, VOO over the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 41.9%.
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 | EWJV | VOO |
|---|---|---|
| Expense Ratio | 0.15% | 0.03%Best |
| AUM | $767M | $997.4B |
| Dividend Yield | 4.74% | 1.04% |
| Holdings | 116 | 509 |
| YTD Return | +23.60%Best | +11.55% |
| 1Y Return | +31.25%Best | +17.54% |
| 3Y Return (annualized) | +23.88%Best | +20.71% |
| 5Y Return (annualized) | +14.87%Best | +12.80% |
| Volatility (annualized) | 14.5%Best | 16.5% |
| Max Drawdown | -31.5%Best | -34.3% |
| $10,000 over 5 years | $20,000Best | $18,262 |
| Top 10 Weight | 41.9% | 36.4%Best |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Mar 5, 2019 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Mar 7, 2019 to Sep 10, 2026 (7.5 years).
EWJV 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 7.5 years both funds cover.
EWJV vs VOO Performance
iShares MSCI Japan Value ETF (EWJV) is an ETF from iShares by BlackRock (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year EWJV returned +31.25% while VOO returned +17.54%. Year to date, EWJV is up 23.60% versus a gain of 11.55% for VOO.
Over three years, EWJV compounded at +23.88% per year against +20.71% for VOO; over five years the annualized figures are +14.87% and +12.80% respectively. Across the full 8-year window we track, VOO has the edge at +15.63% annualized vs +12.43%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 14.5% for EWJV. 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 -31.5% for EWJV and -34.3% 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 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EWJV charges 0.15% per year while VOO charges 0.03%. On a $10,000 position that is $15 vs $3 annually, a gap of $12 per year that compounds over a long holding period. On income, EWJV currently yields 4.74% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 109 holdings in EWJV and 505 in VOO, totalling 99.7% and 99.9% 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 62 days apart, EWJV as of Aug 31, 2026 and VOO as of Jun 30, 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 109 positions we hold weights for in EWJV and 505 in VOO, against full books of 116 and 509.
What only one of them owns
Our book lists 496 positions for VOO that do not appear in our book for EWJV (99.4% of the fund), and 1 for EWJV that do not appear in VOO (0.0%).
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.
You are not choosing between two funds in isolation.
Whichever of EWJV 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, EWJV or VOO?
EWJV has an expense ratio of 0.15% while VOO charges 0.03%. VOO is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, EWJV or VOO?
Over the past year EWJV returned +31.25% vs +17.54% for VOO, so EWJV leads on 1-year performance. Over the longest common window we track (8 years), EWJV annualized +12.43% vs +15.63% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EWJV or VOO?
VOO has been the more volatile fund at 16.5% annualized versus 14.5% for EWJV. Worst drawdown: EWJV -31.5% vs VOO -34.3%.
Should I hold both EWJV and VOO?
EWJV and VOO have a monthly-return correlation of 0.60, 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, EWJV or VOO?
EWJV yields 4.74% while VOO yields 1.04%, so EWJV currently pays the higher dividend yield.
Is VOO better than EWJV?
VOO has a lower expense ratio. EWJV led over 1Y, 3Y and 5Y, VOO over the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 41.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.