GLDY vs VOO
Defiance Gold Enhanced Options Income ETF vs Vanguard S&P 500 ETF
Which is better, GLDY or VOO?
Multi Alternative against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y and the full window.
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 | GLDY | VOO |
|---|---|---|
| Expense Ratio | 1.04% | 0.03%Best |
| AUM | $26M | $997.4B |
| Dividend Yield | 3.17% | 1.04% |
| Holdings | 9 | 509 |
| Volatility (annualized) | 17.9% | 13.3%Best |
| Max Drawdown | -25.9% | -12.0%Best |
| $10,000 over 1.2 years | $11,456 | $13,196Best |
| Fund Family | Defiance ETFs, LLC | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Apr 1, 2025 | Sep 7, 2010 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 74 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. GLDY has data through Jun 29, 2026 and VOO through Sep 11, 2026.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Apr 2, 2025 to Jun 29, 2026 (1.2 years).
Risk: Volatility and Drawdowns
GLDY has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 13.3% 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 -25.9% for GLDY and -12.0% 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 0.30. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GLDY charges 1.04% per year while VOO charges 0.03%. On a $10,000 position that is $104 vs $3 annually, a gap of $101 per year that compounds over a long holding period. On income, GLDY currently yields 3.17% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 5 holdings in GLDY and 505 in VOO, totalling 66.5% 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 122 days apart, GLDY as of Feb 28, 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 5 positions we hold weights for in GLDY and 505 in VOO, against full books of 9 and 509.
You are not choosing between two funds in isolation.
Whichever of GLDY 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, GLDY or VOO?
GLDY has an expense ratio of 1.04% while VOO charges 0.03%. VOO is the cheaper option, by $101 a year on a $10,000 investment.
Which is riskier, GLDY or VOO?
GLDY has been the more volatile fund at 17.9% annualized versus 13.3% for VOO. Worst drawdown: GLDY -25.9% vs VOO -12.0%.
Should I hold both GLDY and VOO?
GLDY and VOO have a monthly-return correlation of 0.30, 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, GLDY or VOO?
GLDY yields 3.17% while VOO yields 1.04%, so GLDY currently pays the higher dividend yield.
Is VOO better than GLDY?
VOO has a lower expense ratio. VOO led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.