HYFI vs VOO
AB High Yield ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. HYFI offers more diversification with 666 holdings.
Side-by-Side Comparison
| Metric | HYFI | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.03% | |
| AUM | $333M | $997.4B | |
| Dividend Yield | 6.67% | 1.08% | |
| Holdings | 666 | 509 | |
| YTD Return | +2.57% | +14.27% | |
| 1Y Return | +5.87% | +21.79% | |
| 3Y Return (annualized) | +8.89% | +22.19% | |
| 5Y Return (annualized) | - | +13.28% | |
| Volatility (annualized) | 4.5% | 14.2% | |
| Max Drawdown | -6.3% | -34.3% | |
| Fund Family | AllianceBernstein L.P. | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | May 15, 2023 | Sep 7, 2010 |
HYFI vs VOO Performance
AB High Yield ETF (HYFI) is a ETF from AllianceBernstein L.P. and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year HYFI returned +5.87% while VOO returned +21.79%. Year to date, HYFI is up 2.57% versus a gain of 14.27% for VOO.
Over three years, HYFI compounded at +8.89% per year against +22.19% for VOO. Across the full 3-year window we track, VOO has the edge at +13.59% annualized vs +8.77%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 4.5% for HYFI. 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 -6.3% for HYFI 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HYFI charges 0.40% per year while VOO charges 0.03%. On a $10,000 position that is $40 vs $3 annually, a gap of $37 per year that compounds over a long holding period. On income, HYFI currently yields 6.67% against 1.08% for VOO.
Holdings Overlap
HYFI and VOO share 1 holdings out of 953 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in HYFI | Weight in VOO | Difference |
|---|---|---|---|
| C | 0.01% | 0.36% | 0.35% |
Frequently Asked Questions
Which is cheaper, HYFI or VOO?
HYFI has an expense ratio of 0.40% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $37 per year of difference.
Which performed better, HYFI or VOO?
Over the past year HYFI returned +5.87% vs +21.79% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (3 years), HYFI annualized +8.77% vs +13.59% for VOO. Past performance does not guarantee future results.
Which is riskier, HYFI or VOO?
VOO has been the more volatile fund at 14.2% annualized versus 4.5% for HYFI. Worst drawdown: HYFI -6.3% vs VOO -34.3%.
Should I hold both HYFI and VOO?
HYFI and VOO have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HYFI and VOO?
HYFI and VOO share 1 common holdings with a 0.0% weight overlap. Combined, they hold 953 unique securities.
Which pays a higher dividend, HYFI or VOO?
HYFI yields 6.67% while VOO yields 1.08%, so HYFI currently pays the higher dividend yield.
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