HEJD vs VOO
VictoryShares Hedged Equity Income 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 | HEJD | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.55% | 0.03% | |
| AUM | $38M | $997.4B | |
| Dividend Yield | 4.26% | 1.08% | |
| Holdings | 204 | 509 | |
| YTD Return | +3.26% | +13.20% | |
| 1Y Return | +8.35% | +21.62% | |
| 3Y Return (annualized) | - | +22.16% | |
| 5Y Return (annualized) | - | +13.42% | |
| Volatility (annualized) | 4.5% | 14.1% | |
| Max Drawdown | -10.3% | -34.3% | |
| Fund Family | Victory Capital Management Inc. | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jul 10, 2024 | Sep 7, 2010 |
HEJD vs VOO Performance
VictoryShares Hedged Equity Income ETF (HEJD) is a ETF from Victory Capital Management Inc. and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year HEJD returned +8.35% while VOO returned +21.62%. Year to date, HEJD is up 3.26% versus a gain of 13.20% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 4.5% for HEJD. 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 -10.3% for HEJD 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 0.67. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HEJD charges 0.55% per year while VOO charges 0.03%. On a $10,000 position that is $55 vs $3 annually, a gap of $52 per year that compounds over a long holding period. On income, HEJD currently yields 4.26% against 1.08% for VOO.
Holdings Overlap
HEJD and VOO share 65 holdings out of 639 unique holdings combined, representing a 7.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HEJD or VOO?
HEJD has an expense ratio of 0.55% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $52 per year of difference.
Which performed better, HEJD or VOO?
Over the past year HEJD returned +8.35% vs +21.62% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), HEJD annualized +9.10% vs +13.51% for VOO. Past performance does not guarantee future results.
Which is riskier, HEJD or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 4.5% for HEJD. Worst drawdown: HEJD -10.3% vs VOO -34.3%.
Should I hold both HEJD and VOO?
HEJD and VOO have a monthly-return correlation of 0.67, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HEJD and VOO?
HEJD and VOO share 65 common holdings with a 7.4% weight overlap. Combined, they hold 639 unique securities.
Which pays a higher dividend, HEJD or VOO?
HEJD yields 4.26% while VOO yields 1.08%, so HEJD currently pays the higher dividend yield.
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