GOVI vs VOO
Invesco Equal Weight 0-30 Year Treasury ETF 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 | GOVI | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.03% | |
| AUM | $1.2B | $979.0B | |
| Dividend Yield | 3.81% | 1.09% | |
| Holdings | 31 | 509 | |
| YTD Return | -1.85% | +13.72% | |
| 1Y Return | +0.37% | +21.63% | |
| 3Y Return (annualized) | +1.72% | +21.55% | |
| 5Y Return (annualized) | -3.62% | +13.26% | |
| Volatility (annualized) | 8.7% | 14.1% | |
| Max Drawdown | -33.1% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Oct 11, 2007 | Sep 7, 2010 |
GOVI vs VOO Performance
Invesco Equal Weight 0-30 Year Treasury ETF (GOVI) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year GOVI returned +0.37% while VOO returned +21.63%. Year to date, GOVI is down 1.85% versus a gain of 13.72% for VOO.
Over three years, GOVI compounded at +1.72% per year against +21.55% for VOO; over five years the annualized figures are -3.62% and +13.26% respectively. Across the full 16-year window we track, VOO has the edge at +13.56% annualized vs +1.05%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 8.7% for GOVI. 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 -33.1% for GOVI 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 -0.01. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GOVI charges 0.15% per year while VOO charges 0.03%. On a $10,000 position that is $15 vs $3 annually, a gap of $12 per year that compounds over a long holding period. On income, GOVI currently yields 3.81% against 1.09% for VOO.
Holdings Overlap
GOVI and VOO share 0 holdings out of 535 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, GOVI or VOO?
GOVI has an expense ratio of 0.15% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, GOVI or VOO?
Over the past year GOVI returned +0.37% vs +21.63% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), GOVI annualized +1.05% vs +13.56% for VOO. Past performance does not guarantee future results.
Which is riskier, GOVI or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 8.7% for GOVI. Worst drawdown: GOVI -33.1% vs VOO -34.3%.
Should I hold both GOVI and VOO?
GOVI and VOO have a monthly-return correlation of -0.01, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GOVI and VOO?
GOVI and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 535 unique securities.
Which pays a higher dividend, GOVI or VOO?
GOVI yields 3.81% while VOO yields 1.09%, so GOVI currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.