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

MetricIDECVOOWinner
Expense Ratio0.85%0.03%
AUM$42M$979.0B
Dividend Yield0.00%1.09%
Holdings6509
YTD Return+8.76%+13.80%
1Y Return+16.75%+23.71%
3Y Return (annualized)-+21.50%
5Y Return (annualized)-+13.44%
Volatility (annualized)7.0%14.1%
Max Drawdown-8.5%-34.3%
Fund FamilyInnovator ETFs TrustVanguard (US)
CategoryAlternativeEquity
InceptionDec 1, 2023Sep 7, 2010

IDEC vs VOO Performance

Innovator International Developed Power Buffer ETF - December (IDEC) is a ETF from Innovator ETFs Trust and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year IDEC returned +16.75% while VOO returned +23.71%. Year to date, IDEC is up 8.76% versus a gain of 13.80% for VOO.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 7.0% for IDEC. 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 -8.5% for IDEC 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 0.52. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IDEC charges 0.85% per year while VOO charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, IDEC currently yields 0.00% against 1.09% for VOO.

Frequently Asked Questions

Which is cheaper, IDEC or VOO?

IDEC has an expense ratio of 0.85% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $82 per year of difference.

Which performed better, IDEC or VOO?

Over the past year IDEC returned +16.75% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (3 years), IDEC annualized +13.45% vs +13.58% for VOO. Past performance does not guarantee future results.

Which is riskier, IDEC or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 7.0% for IDEC. Worst drawdown: IDEC -8.5% vs VOO -34.3%.

Should I hold both IDEC and VOO?

IDEC and VOO have a monthly-return correlation of 0.52, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, IDEC or VOO?

IDEC yields 0.00% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.

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