GRPZ vs VOO
Invesco S&P SmallCap 600 GARP ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. GRPZ delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | GRPZ | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.03% | |
| AUM | $3M | $979.0B | |
| Dividend Yield | 0.90% | 1.09% | |
| Holdings | 90 | 509 | |
| YTD Return | +24.88% | +13.72% | |
| 1Y Return | +27.30% | +21.63% | |
| 3Y Return (annualized) | - | +21.55% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 18.9% | 14.1% | |
| Max Drawdown | -27.9% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 27, 2024 | Sep 7, 2010 |
GRPZ vs VOO Performance
Invesco S&P SmallCap 600 GARP ETF (GRPZ) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year GRPZ returned +27.30% while VOO returned +21.63%. Year to date, GRPZ is up 24.88% versus a gain of 13.72% for VOO.
Risk: Volatility and Drawdowns
GRPZ has been the more volatile fund, with annualized monthly volatility of 18.9% 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 -27.9% for GRPZ 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 0.54. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GRPZ charges 0.35% per year while VOO charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, GRPZ currently yields 0.90% against 1.09% for VOO.
Holdings Overlap
GRPZ and VOO share 0 holdings out of 595 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, GRPZ or VOO?
GRPZ has an expense ratio of 0.35% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, GRPZ or VOO?
Over the past year GRPZ returned +27.30% vs +21.63% for VOO, so GRPZ leads on 1-year performance. Over the longest common window we track (2 years), GRPZ annualized +13.47% vs +13.56% for VOO. Past performance does not guarantee future results.
Which is riskier, GRPZ or VOO?
GRPZ has been the more volatile fund at 18.9% annualized versus 14.1% for VOO. Worst drawdown: GRPZ -27.9% vs VOO -34.3%.
Should I hold both GRPZ and VOO?
GRPZ and VOO have a monthly-return correlation of 0.54, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GRPZ and VOO?
GRPZ and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 595 unique securities.
Which pays a higher dividend, GRPZ or VOO?
GRPZ yields 0.90% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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