GDMA vs VOO
Gadsden Dynamic Multi-Asset ETF vs Vanguard S&P 500 ETF
Which is better, GDMA or VOO?
Allocation/Balanced against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 68.1%.
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 | GDMA | VOO |
|---|---|---|
| Expense Ratio | 0.75% | 0.03%Best |
| AUM | $196M | $997.4B |
| Dividend Yield | 2.54% | 1.04% |
| Holdings | 21 | 509 |
| YTD Return | +6.05% | +11.01%Best |
| 1Y Return | +8.62% | +15.60%Best |
| 3Y Return (annualized) | +13.78% | +20.82%Best |
| 5Y Return (annualized) | +7.30% | +12.60%Best |
| Volatility (annualized) | 10.0%Best | 16.8% |
| Max Drawdown | -16.7%Best | -34.3% |
| $10,000 over 5 years | $14,223 | $18,101Best |
| Top 10 Weight | 68.1% | 37.6%Best |
| Fund Family | Gadsden Funds | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Blend |
| Inception | Nov 14, 2018 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Nov 15, 2018 to Sep 16, 2026 (7.8 years).
GDMA 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 7.8 years both funds cover.
GDMA vs VOO Performance
Gadsden Dynamic Multi-Asset ETF (GDMA) is an ETF from Gadsden Funds and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year GDMA returned +8.62% while VOO returned +15.60%. Year to date, GDMA is up 6.05% versus a gain of 11.01% for VOO.
Over three years, GDMA compounded at +13.78% per year against +20.82% for VOO; over five years the annualized figures are +7.30% and +12.60% respectively. Across the full 8-year window we track, VOO has the edge at +14.99% annualized vs +8.54%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 10.0% for GDMA. 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 -16.7% for GDMA 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 0.49. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GDMA charges 0.75% per year while VOO charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, GDMA currently yields 2.54% against 1.04% for VOO.
Holdings Overlap
6.3% of GDMA's money is in holdings VOO also owns. 3.4% of VOO's money is in holdings GDMA also owns.
GDMA and VOO share little of their money.
7 positions in common, counted across the 39 positions we hold weights for in GDMA and 494 in VOO, against full books of 21 and 509.
What only one of them owns
Our book lists 480 positions for VOO that do not appear in our book for GDMA (95.7% of the fund), and 28 for GDMA that do not appear in VOO (90.6%).
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 GDMA | Weight in VOO | Difference |
|---|---|---|---|
| MUMicron Technology, Inc. | 1.08% | 1.44% | 0.36% |
| AMATApplied Materials, Inc. | 0.96% | 0.63% | 0.33% |
| PLTRPalantir Technologies Inc | 1.08% | 0.44% | 0.64% |
| KLACKla Corp | 0.98% | 0.37% | 0.61% |
| DELLDell Technologies Inc | 1.03% | 0.18% | 0.85% |
| SNDKSandisk Corp/De | 0.66% | 0.28% | 0.38% |
| TERTeradyne Inc - Common | 0.48% | 0.09% | 0.39% |
You are not choosing between two funds in isolation.
Whichever of GDMA 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, GDMA or VOO?
GDMA has an expense ratio of 0.75% while VOO charges 0.03%. VOO is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, GDMA or VOO?
Over the past year GDMA returned +8.62% vs +15.60% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (8 years), GDMA annualized +8.54% vs +14.99% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GDMA or VOO?
VOO has been the more volatile fund at 16.8% annualized versus 10.0% for GDMA. Worst drawdown: GDMA -16.7% vs VOO -34.3%.
Should I hold both GDMA and VOO?
GDMA and VOO have a monthly-return correlation of 0.49, 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 GDMA and VOO?
6.3% of GDMA's money is in holdings VOO also owns. 3.4% of VOO's is in holdings GDMA also owns. They hold 7 positions in common, counted across the 39 positions we hold weights for in GDMA and 494 in VOO.
Which pays a higher dividend, GDMA or VOO?
GDMA yields 2.54% while VOO yields 1.04%, so GDMA currently pays the higher dividend yield.
Is VOO better than GDMA?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 68.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.