HBTA vs VOO
Horizon Expedition Plus 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 509 holdings.
Side-by-Side Comparison
| Metric | HBTA | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.86% | 0.03% | |
| AUM | $226M | $979.0B | |
| Dividend Yield | 0.00% | 1.09% | |
| Holdings | 209 | 509 | |
| YTD Return | +5.55% | +14.48% | |
| 1Y Return | +21.60% | +22.02% | |
| 3Y Return (annualized) | - | +21.80% | |
| 5Y Return (annualized) | - | +13.36% | |
| Volatility (annualized) | 19.4% | 14.2% | |
| Max Drawdown | -23.8% | -34.3% | |
| Fund Family | Horizon Funds | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jan 22, 2025 | Sep 7, 2010 |
HBTA vs VOO Performance
Horizon Expedition Plus ETF (HBTA) is a ETF from Horizon Funds and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year HBTA returned +21.60% while VOO returned +22.02%. Year to date, HBTA is up 5.55% versus a gain of 14.48% for VOO.
Risk: Volatility and Drawdowns
HBTA has been the more volatile fund, with annualized monthly volatility of 19.4% compared with 14.2% 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 -23.8% for HBTA 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HBTA charges 0.86% per year while VOO charges 0.03%. On a $10,000 position that is $86 vs $3 annually, a gap of $83 per year that compounds over a long holding period. On income, HBTA currently yields 0.00% against 1.09% for VOO.
Holdings Overlap
HBTA and VOO share 195 holdings out of 509 unique holdings combined, representing a 48.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HBTA or VOO?
HBTA has an expense ratio of 0.86% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $83 per year of difference.
Which performed better, HBTA or VOO?
Over the past year HBTA returned +21.60% vs +22.02% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), HBTA annualized +0.14% vs +13.61% for VOO. Past performance does not guarantee future results.
Which is riskier, HBTA or VOO?
HBTA has been the more volatile fund at 19.4% annualized versus 14.2% for VOO. Worst drawdown: HBTA -23.8% vs VOO -34.3%.
Should I hold both HBTA and VOO?
HBTA and VOO have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HBTA and VOO?
HBTA and VOO share 195 common holdings with a 48.8% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, HBTA or VOO?
HBTA yields 0.00% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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