GMET vs VOO
VanEck Green Metals ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. GMET delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | GMET | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.61% | 0.03% | |
| AUM | $26M | $997.4B | |
| Dividend Yield | 1.17% | 1.08% | |
| Holdings | 56 | 509 | |
| YTD Return | +19.32% | +12.25% | |
| 1Y Return | +103.96% | +20.92% | |
| 3Y Return (annualized) | +13.58% | +21.79% | |
| 5Y Return (annualized) | +7.04% | +13.05% | |
| Volatility (annualized) | 32.0% | 14.1% | |
| Max Drawdown | -53.9% | -34.3% | |
| Fund Family | VanEck | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Nov 9, 2021 | Sep 7, 2010 |
GMET vs VOO Performance
VanEck Green Metals ETF (GMET) is a ETF from VanEck and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year GMET returned +103.96% while VOO returned +20.92%. Year to date, GMET is up 19.32% versus a gain of 12.25% for VOO.
Over three years, GMET compounded at +13.58% per year against +21.79% for VOO; over five years the annualized figures are +7.04% and +13.05% respectively. Across the full 7-year window we track, VOO has the edge at +13.45% annualized vs +7.86%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GMET has been the more volatile fund, with annualized monthly volatility of 32.0% 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 -53.9% for GMET and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.41. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GMET charges 0.61% per year while VOO charges 0.03%. On a $10,000 position that is $61 vs $3 annually, a gap of $58 per year that compounds over a long holding period. On income, GMET currently yields 1.17% against 1.08% for VOO.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, GMET or VOO?
GMET has an expense ratio of 0.61% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $58 per year of difference.
Which performed better, GMET or VOO?
Over the past year GMET returned +103.96% vs +20.92% for VOO, so GMET leads on 1-year performance. Over the longest common window we track (7 years), GMET annualized +7.86% vs +13.45% for VOO. Past performance does not guarantee future results.
Which is riskier, GMET or VOO?
GMET has been the more volatile fund at 32.0% annualized versus 14.1% for VOO. Worst drawdown: GMET -53.9% vs VOO -34.3%.
Should I hold both GMET and VOO?
GMET and VOO have a monthly-return correlation of 0.41, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GMET and VOO?
GMET and VOO share 2 common holdings with a 0.2% weight overlap. Combined, they hold 556 unique securities.
Which pays a higher dividend, GMET or VOO?
GMET yields 1.17% while VOO yields 1.08%, so GMET currently pays the higher dividend yield.
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