GDOC vs VOO

GDOC vs VOO

Which is better, GDOC or VOO?

Mid Cap Growth against Large Cap Blend.

VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 57.3%.

Lower Fees: VOOHigher Returns: VOOLess Concentrated: VOO

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

MetricGDOCVOO
Expense Ratio0.75%0.03%Best
AUM$20M$997.4B
Dividend Yield0.30%1.04%
Holdings45509
YTD Return+4.26%+12.37%Best
1Y Return+13.91%+16.61%Best
3Y Return (annualized)+6.12%+21.37%Best
5Y Return (annualized)-+13.49%
Volatility (annualized)17.6%15.7%Best
Max Drawdown-31.0%-24.5%Best
$10,000 over 4.9 years$9,567$17,709Best
Top 10 Weight57.3%37.6%Best
Fund FamilyGoldman Sachs Asset ManagementVanguard (US)
CategoryEquityEquity
StyleMid Cap GrowthLarge Cap Blend
InceptionNov 9, 2021Sep 7, 2010

Volatility and max drawdown, and the $10,000 over 4.9 years row, are measured over the window both funds cover: Nov 11, 2021 to Sep 18, 2026 (4.9 years).

GDOC 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 4.9 years both funds cover.

GDOC vs VOO Performance

Goldman Sachs Future Health Care Equity ETF (GDOC) is an ETF from Goldman Sachs Asset Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year GDOC returned +13.91% while VOO returned +16.61%. Year to date, GDOC is up 4.26% versus a gain of 12.37% for VOO.

Over three years, GDOC compounded at +6.12% per year against +21.37% for VOO.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

GDOC has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 15.7% 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 -31.0% for GDOC and -24.5% 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 0.67. They move together some of the time, and apart the rest.

Fees and Cost Over Time

GDOC 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, GDOC currently yields 0.30% against 1.04% for VOO.

Holdings Overlap

GDOC already in VOO62.6%
VOO already in GDOC4.6%

62.6% of GDOC's money is in holdings VOO also owns. 4.6% of VOO's money is in holdings GDOC also owns.

The two portfolios partly overlap.

14 positions in common, counted across the 40 positions we hold weights for in GDOC and 494 in VOO, against full books of 45 and 509.

What only one of them owns

Our book lists 473 positions for VOO that do not appear in our book for GDOC (94.5% of the fund), and 14 for GDOC that do not appear in VOO (17.6%).

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

StockWeight in GDOCWeight in VOODifference
LLYEli Lilly & Co.12.22%1.41%10.81%
JNJJohnson & Johnson - Common8.47%0.96%7.51%
MRKMerck & Company Inc7.53%0.50%7.03%
UNHUnitedhealth Group Incorporated5.88%0.58%5.30%
VRTXNvaesrtex Pharmaceuticals Inc4.22%0.19%4.03%
DXCMDexcom Inc.3.82%0.05%3.77%
TMOThermo Fisherscientific Inc.3.41%0.33%3.08%
EWEdwards Lifesciences Corp3.47%0.08%3.39%
AAgilent Technologies Inc3.43%0.06%3.37%
ISRGIntuitive Surgical Inc.2.87%0.19%2.68%

62.6% of GDOC 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.

GDOCVOO

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Frequently Asked Questions

Which is cheaper, GDOC or VOO?

GDOC 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, GDOC or VOO?

Over the past year GDOC returned +13.91% 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, GDOC or VOO?

GDOC has been the more volatile fund at 17.6% annualized versus 15.7% for VOO. Worst drawdown: GDOC -31.0% vs VOO -24.5%.

Should I hold both GDOC and VOO?

GDOC and VOO have a monthly-return correlation of 0.67, 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 GDOC and VOO?

62.6% of GDOC's money is in holdings VOO also owns. 4.6% of VOO's is in holdings GDOC also owns. They hold 14 positions in common, counted across the 40 positions we hold weights for in GDOC and 494 in VOO.

Which pays a higher dividend, GDOC or VOO?

GDOC yields 0.30% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.

Is VOO better than GDOC?

VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 57.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.