IGA vs VOO
Voya Global Advantage and Premium Opportunity Fund vs Vanguard S&P 500 ETF
Which is better, IGA or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. IGA is less concentrated, with 16.0% of the fund in its ten largest positions against 36.4%.
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 | IGA | VOO |
|---|---|---|
| Expense Ratio | 0.97% | 0.03%Best |
| AUM | $157M | $997.4B |
| Dividend Yield | 9.21% | 1.08% |
| Holdings | 251 | 509 |
| YTD Return | +15.74%Best | +13.37% |
| 1Y Return | +17.54% | +20.08%Best |
| 3Y Return (annualized) | +20.07% | +21.29%Best |
| 5Y Return (annualized) | +11.11% | +12.89%Best |
| Volatility (annualized) | 13.3%Best | 14.1% |
| Max Drawdown | -55.5% | -34.3%Best |
| $10,000 over 5 years | $16,934 | $18,335Best |
| Top 10 Weight | 16.0%Best | 36.4% |
| Fund Family | Voya Investment Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 26, 2005 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 4, 2026 (16 years).
IGA 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IGA vs VOO Performance
Voya Global Advantage and Premium Opportunity Fund (IGA) is an ETF from Voya Investment Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year IGA returned +17.54% while VOO returned +20.08%. Year to date, IGA is up 15.74% versus a gain of 13.37% for VOO.
Over three years, IGA compounded at +20.07% per year against +21.29% for VOO; over five years the annualized figures are +11.11% and +12.89% respectively. Across the full 16-year window we track, VOO has the edge at +13.48% annualized vs +1.82%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 13.3% for IGA. 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 -55.5% for IGA and -34.3% 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IGA charges 0.97% per year while VOO charges 0.03%. On a $10,000 position that is $97 vs $3 annually, a gap of $94 per year that compounds over a long holding period. On income, IGA currently yields 9.21% against 1.08% for VOO.
Holdings Overlap
53.5% of IGA's money is in holdings VOO also owns. 33.2% of VOO's money is in holdings IGA also owns.
The two portfolios partly overlap.
98 positions in common, counted across the 241 positions we hold weights for in IGA and 505 in VOO, against full books of 251 and 509.
What only one of them owns
Our book lists 400 positions for VOO that do not appear in our book for IGA (66.3% of the fund), and 43 for IGA that do not appear in VOO (15.3%).
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 IGA | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 0.57% | 7.51% | 6.94% |
| GOOGLAlphabet Inc.Class A | 3.73% | 3.25% | 0.48% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 0.59% | 4.30% | 3.71% |
| MUMicron Technology, Inc. | 1.42% | 2.02% | 0.60% |
| METAMeta Platform Inc | 1.47% | 1.92% | 0.45% |
| JNJJohnson & Johnson - Common | 1.72% | 0.95% | 0.77% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.81% | 0.72% | 1.09% |
| ABBVAbbvie Inc. | 1.31% | 0.69% | 0.62% |
| KOCoca Cola Co. | 1.25% | 0.49% | 0.76% |
| PGProcter & Gamble Company | 0.80% | 0.53% | 0.27% |
53.5% of IGA 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.
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Frequently Asked Questions
Which is cheaper, IGA or VOO?
IGA has an expense ratio of 0.97% while VOO charges 0.03%. VOO is the cheaper option, by $94 a year on a $10,000 investment.
Which performed better, IGA or VOO?
Over the past year IGA returned +17.54% vs +20.08% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), IGA annualized +1.82% vs +13.48% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IGA or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 13.3% for IGA. Worst drawdown: IGA -55.5% vs VOO -34.3%.
Should I hold both IGA and VOO?
IGA and VOO have a monthly-return correlation of 0.73, 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 IGA and VOO?
53.5% of IGA's money is in holdings VOO also owns. 33.2% of VOO's is in holdings IGA also owns. They hold 98 positions in common, counted across the 241 positions we hold weights for in IGA and 505 in VOO.
Which pays a higher dividend, IGA or VOO?
IGA yields 9.21% while VOO yields 1.08%, so IGA currently pays the higher dividend yield.
Is VOO better than IGA?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. IGA is less concentrated, with 16.0% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.