GTPE vs VOO
Goldman Sachs MSCI World Private Equity Return Tracker ETF vs Vanguard S&P 500 ETF
Which is better, GTPE or VOO?
GTPE has been ahead.
VOO has a lower expense ratio. GTPE led over 1Y and the full window. VOO is less concentrated, with 39.1% of the fund in its ten largest positions against 51.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GTPE | VOO |
|---|---|---|
| Expense Ratio | 0.50% | 0.03%Best |
| AUM | $30M | $1.0T |
| Dividend Yield | 0.00% | 1.05% |
| Holdings | 1,566 | 519 |
| YTD Return | +8.46% | +8.52%Best |
| 1Y Return | +14.24%Best | +10.96% |
| 3Y Return (annualized) | - | +20.51% |
| 5Y Return (annualized) | - | +10.97% |
| Volatility (annualized) | 15.8% | 13.3%Best |
| Max Drawdown | -10.8% | -8.9%Best |
| $10,000 over 1 years | $11,148Best | $11,033 |
| Top 10 Weight | 51.1% | 39.1%Best |
| Fund Family | Goldman Sachs Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 21, 2025 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Oct 23, 2025 to Nov 6, 2026 (1 years).
GTPE vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1 years both funds cover.
GTPE vs VOO Performance
Goldman Sachs MSCI World Private Equity Return Tracker ETF (GTPE) is an ETF from Goldman Sachs Asset Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year GTPE returned +14.24% while VOO returned +10.96%. Year to date, GTPE is up 8.46% versus a gain of 8.52% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GTPE has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 13.3% 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 -10.8% for GTPE and -8.9% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GTPE charges 0.50% per year while VOO charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, GTPE currently yields 0.00% against 1.05% for VOO.
Holdings Overlap
74.3% of GTPE's money is in holdings VOO also owns. 46.4% of VOO's money is in holdings GTPE also owns.
Most of GTPE is already inside VOO. Owning both mostly buys the same companies twice.
128 positions in common, counted across the 903 positions we hold weights for in GTPE and 506 in VOO, against full books of 1,566 and 519.
What only one of them owns
Our book lists 373 positions for VOO that do not appear in our book for GTPE (53.6% of the fund), and 295 for GTPE that do not appear in VOO (12.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in GTPE | Weight in VOO | Difference |
|---|---|---|---|
| JPMJpmorgan Chase | 33.84% | 1.33% | 32.51% |
| NVDANvidia Corp | 0.48% | 8.39% | 7.91% |
| AAPLApple Inc | 0.39% | 7.38% | 6.99% |
| MSFTMicrosoft Corp | 1.55% | 5.78% | 4.23% |
| AMDAdvanced Micro Devices Inc | 2.88% | 1.52% | 1.36% |
| AVGOBroadcom Inc | 1.84% | 2.54% | 0.70% |
| LLYEli Lilly & Co | 1.94% | 1.41% | 0.53% |
| AMATApplied Material | 2.13% | 0.62% | 1.51% |
| PLTRPalantir Technologies Inc. | 1.72% | 0.65% | 1.07% |
| GEVGE Vernova Inc. CDR (CAD Hedged) | 1.91% | 0.38% | 1.53% |
74.3% of GTPE is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GTPE or VOO?
GTPE has an expense ratio of 0.50% while VOO charges 0.03%. VOO is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, GTPE or VOO?
Over the past year GTPE returned +14.24% vs +10.96% for VOO, so GTPE leads on 1-year performance. Over the longest common window we track (1 years), GTPE annualized +11.48% vs +10.33% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GTPE or VOO?
GTPE has been the more volatile fund at 15.8% annualized versus 13.3% for VOO. Worst drawdown: GTPE -10.8% vs VOO -8.9%.
Should I hold both GTPE and VOO?
GTPE and VOO have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between GTPE and VOO?
74.3% of GTPE's money is in holdings VOO also owns. 46.4% of VOO's is in holdings GTPE also owns. They hold 128 positions in common, counted across the 903 positions we hold weights for in GTPE and 506 in VOO.
Which pays a higher dividend, GTPE or VOO?
GTPE yields 0.00% while VOO yields 1.05%, so VOO currently pays the higher dividend yield.
Is VOO better than GTPE?
VOO has a lower expense ratio. GTPE led over 1Y and the full window. VOO is less concentrated, with 39.1% of the fund in its ten largest positions against 51.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.