GNOV vs VOO
FT Vest US Equity Moderate Buffer ETF - November vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | GNOV | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.85% | 0.03% | |
| AUM | $293M | $979.0B | |
| Dividend Yield | 0.00% | 1.09% | |
| Holdings | 5 | 509 | |
| YTD Return | +7.08% | +14.48% | |
| 1Y Return | +13.93% | +22.02% | |
| 3Y Return (annualized) | - | +21.80% | |
| 5Y Return (annualized) | - | +13.36% | |
| Volatility (annualized) | 5.4% | 14.2% | |
| Max Drawdown | -10.7% | -34.3% | |
| Fund Family | First Trust Portfolios (US) | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Nov 17, 2023 | Sep 7, 2010 |
GNOV vs VOO Performance
FT Vest US Equity Moderate Buffer ETF - November (GNOV) is a ETF from First Trust Portfolios (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year GNOV returned +13.93% while VOO returned +22.02%. Year to date, GNOV is up 7.08% versus a gain of 14.48% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 5.4% for GNOV. 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 -10.7% for GNOV 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GNOV charges 0.85% per year while VOO charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, GNOV currently yields 0.00% against 1.09% for VOO.
Holdings Overlap
GNOV and VOO share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GNOV or VOO?
GNOV has an expense ratio of 0.85% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, GNOV or VOO?
Over the past year GNOV returned +13.93% vs +22.02% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (3 years), GNOV annualized +12.56% vs +13.61% for VOO. Past performance does not guarantee future results.
Which is riskier, GNOV or VOO?
VOO has been the more volatile fund at 14.2% annualized versus 5.4% for GNOV. Worst drawdown: GNOV -10.7% vs VOO -34.3%.
Should I hold both GNOV and VOO?
GNOV and VOO have a monthly-return correlation of 0.92, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between GNOV and VOO?
GNOV and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, GNOV or VOO?
GNOV yields 0.00% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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