EXI vs VOO
iShares Global Industrials ETF vs Vanguard S&P 500 ETF
Which is better, EXI or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. EXI is less concentrated, with 24.4% of the fund in its ten largest positions against 36.4%.
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 | EXI | VOO |
|---|---|---|
| Expense Ratio | 0.38% | 0.03%Best |
| AUM | $1.4B | $997.4B |
| Dividend Yield | 1.07% | 1.08% |
| Holdings | 238 | 509 |
| YTD Return | +11.69% | +13.37%Best |
| 1Y Return | +18.41% | +20.08%Best |
| 3Y Return (annualized) | +20.26% | +21.29%Best |
| 5Y Return (annualized) | +11.51% | +12.89%Best |
| Volatility (annualized) | 16.6% | 14.1%Best |
| Max Drawdown | -39.6% | -34.3%Best |
| $10,000 over 5 years | $17,241 | $18,335Best |
| Top 10 Weight | 24.4%Best | 36.4% |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 12, 2006 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 4, 2026 (16 years).
EXI 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 16 years both funds cover.
EXI vs VOO Performance
iShares Global Industrials ETF (EXI) 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 EXI returned +18.41% while VOO returned +20.08%. Year to date, EXI is up 11.69% versus a gain of 13.37% for VOO.
Over three years, EXI compounded at +20.26% per year against +21.29% for VOO; over five years the annualized figures are +11.51% and +12.89% respectively. Across the full 16-year window we track, VOO has the edge at +13.48% annualized vs +10.07%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EXI has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 14.1% 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 -39.6% for EXI 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
EXI charges 0.38% per year while VOO charges 0.03%. On a $10,000 position that is $38 vs $3 annually, a gap of $35 per year that compounds over a long holding period. On income, EXI currently yields 1.07% against 1.08% for VOO.
Holdings Overlap
56.3% of EXI's money is in holdings VOO also owns. 8.9% of VOO's money is in holdings EXI also owns.
The two portfolios partly overlap.
81 positions in common, counted across the 218 positions we hold weights for in EXI and 504 in VOO, against full books of 238 and 509.
What only one of them owns
Our book lists 414 positions for VOO that do not appear in our book for EXI (90.4% of the fund), and 3 for EXI that do not appear in VOO (0.5%).
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 EXI | Weight in VOO | Difference |
|---|---|---|---|
| CATCaterpillar, Inc. | 4.33% | 0.76% | 3.57% |
| GEGeneral Electric Co. | 3.84% | 0.60% | 3.24% |
| GEVGE Vernova Inc. CDR (CAD Hedged) | 3.00% | 0.49% | 2.51% |
| RTXRaytheon Co. | 2.63% | 0.40% | 2.23% |
| BABoeing Co | 1.79% | 0.26% | 1.53% |
| UNPUnion Pacific Corp | 1.62% | 0.25% | 1.37% |
| ETNEaton Corp Plc | 1.55% | 0.26% | 1.29% |
| DEDeere & Co. | 1.55% | 0.25% | 1.30% |
| UBERUber Technologies Inc | 1.43% | 0.23% | 1.20% |
| VRTVertiv Holding-A | 1.19% | 0.20% | 0.99% |
56.3% of EXI 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.
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Frequently Asked Questions
Which is cheaper, EXI or VOO?
EXI has an expense ratio of 0.38% while VOO charges 0.03%. VOO is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, EXI or VOO?
Over the past year EXI returned +18.41% vs +20.08% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), EXI annualized +10.07% vs +13.48% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EXI or VOO?
EXI has been the more volatile fund at 16.6% annualized versus 14.1% for VOO. Worst drawdown: EXI -39.6% vs VOO -34.3%.
Should I hold both EXI and VOO?
EXI and VOO have a monthly-return correlation of 0.90, 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 EXI and VOO?
56.3% of EXI's money is in holdings VOO also owns. 8.9% of VOO's is in holdings EXI also owns. They hold 81 positions in common, counted across the 218 positions we hold weights for in EXI and 504 in VOO.
Which pays a higher dividend, EXI or VOO?
EXI yields 1.07% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
Is VOO better than EXI?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. EXI is less concentrated, with 24.4% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.