GSIG vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricGSIGVOOWinner
Expense Ratio0.08%0.03%
AUM$9M$979.0B
Dividend Yield4.35%1.09%
Holdings510509
YTD Return+0.30%+13.72%
1Y Return+4.17%+21.63%
3Y Return (annualized)+5.16%+21.55%
5Y Return (annualized)+2.06%+13.26%
Volatility (annualized)3.1%14.1%
Max Drawdown-9.6%-34.3%
Fund FamilyGoldman Sachs Asset ManagementVanguard (US)
CategoryFixed IncomeEquity
InceptionJul 7, 2020Sep 7, 2010

GSIG vs VOO Performance

Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG) is a ETF from Goldman Sachs Asset Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year GSIG returned +4.17% while VOO returned +21.63%. Year to date, GSIG is up 0.30% versus a gain of 13.72% for VOO.

Over three years, GSIG compounded at +5.16% per year against +21.55% for VOO; over five years the annualized figures are +2.06% and +13.26% respectively. Across the full 6-year window we track, VOO has the edge at +13.56% annualized vs +1.91%. 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 3.1% for GSIG. 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 -9.6% for GSIG 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 0.58. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

GSIG charges 0.08% per year while VOO charges 0.03%. On a $10,000 position that is $8 vs $3 annually, a gap of $5 per year that compounds over a long holding period. On income, GSIG currently yields 4.35% against 1.09% for VOO.

Holdings Overlap

0.1%overlap

GSIG and VOO share 3 holdings out of 956 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in GSIGWeight in VOODifference
HUBB0.13%0.04%0.09%
CNP0.11%0.04%0.07%
KDP0.00%0.07%0.07%

Frequently Asked Questions

Which is cheaper, GSIG or VOO?

GSIG has an expense ratio of 0.08% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $5 per year of difference.

Which performed better, GSIG or VOO?

Over the past year GSIG returned +4.17% vs +21.63% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (6 years), GSIG annualized +1.91% vs +13.56% for VOO. Past performance does not guarantee future results.

Which is riskier, GSIG or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 3.1% for GSIG. Worst drawdown: GSIG -9.6% vs VOO -34.3%.

Should I hold both GSIG and VOO?

GSIG and VOO have a monthly-return correlation of 0.58, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between GSIG and VOO?

GSIG and VOO share 3 common holdings with a 0.1% weight overlap. Combined, they hold 956 unique securities.

Which pays a higher dividend, GSIG or VOO?

GSIG yields 4.35% while VOO yields 1.09%, so GSIG currently pays the higher dividend yield.

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