EZU vs VOO
iShares MSCI Eurozone ETF vs Vanguard S&P 500 ETF
Which is better, EZU or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. EZU is less concentrated, with 29.4% 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 | EZU | VOO |
|---|---|---|
| Expense Ratio | 0.50% | 0.03%Best |
| AUM | $9.8B | $997.4B |
| Dividend Yield | 2.64% | 1.04% |
| Holdings | 226 | 509 |
| YTD Return | +7.08% | +12.50%Best |
| 1Y Return | +15.91% | +17.58%Best |
| 3Y Return (annualized) | +19.38% | +21.27%Best |
| 5Y Return (annualized) | +9.25% | +12.95%Best |
| Volatility (annualized) | 18.9% | 14.1%Best |
| Max Drawdown | -41.4% | -34.3%Best |
| $10,000 over 5 years | $15,563 | $18,384Best |
| Top 10 Weight | 29.4%Best | 36.4% |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 25, 2000 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 11, 2026 (16 years).
EZU 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.
EZU vs VOO Performance
iShares MSCI Eurozone ETF (EZU) 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 EZU returned +15.91% while VOO returned +17.58%. Year to date, EZU is up 7.08% versus a gain of 12.50% for VOO.
Over three years, EZU compounded at +19.38% per year against +21.27% for VOO; over five years the annualized figures are +9.25% and +12.95% respectively. Across the full 16-year window we track, VOO has the edge at +13.41% annualized vs +7.71%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EZU has been the more volatile fund, with annualized monthly volatility of 18.9% 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 -41.4% for EZU 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EZU charges 0.50% per year while VOO charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, EZU currently yields 2.64% against 1.04% for VOO.
Holdings Overlap
1.4% of EZU's money is in holdings VOO also owns. 0.6% of VOO's money is in holdings EZU also owns.
EZU and VOO share little of their money.
3 positions in common, counted across the 220 positions we hold weights for in EZU and 505 in VOO, against full books of 226 and 509.
What only one of them owns
Our book lists 494 positions for VOO that do not appear in our book for EZU (98.9% of the fund), and 6 for EZU that do not appear in VOO (1.8%).
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 EZU 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, EZU or VOO?
EZU has an expense ratio of 0.50% while VOO charges 0.03%. VOO is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, EZU or VOO?
Over the past year EZU returned +15.91% vs +17.58% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), EZU annualized +7.71% vs +13.41% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EZU or VOO?
EZU has been the more volatile fund at 18.9% annualized versus 14.1% for VOO. Worst drawdown: EZU -41.4% vs VOO -34.3%.
Should I hold both EZU and VOO?
EZU and VOO have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between EZU and VOO?
1.4% of EZU's money is in holdings VOO also owns. 0.6% of VOO's is in holdings EZU also owns. They hold 3 positions in common, counted across the 220 positions we hold weights for in EZU and 505 in VOO.
Which pays a higher dividend, EZU or VOO?
EZU yields 2.64% while VOO yields 1.04%, so EZU currently pays the higher dividend yield.
Is VOO better than EZU?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. EZU is less concentrated, with 29.4% 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.