IMF vs VOO
Invesco Managed Futures Strategy ETF vs Vanguard S&P 500 ETF
Which is better, IMF or VOO?
Managed Futures against Large Cap Blend.
VOO has a lower expense ratio. IMF led over 1Y, VOO over the full window.
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 | IMF | VOO |
|---|---|---|
| Expense Ratio | 0.65% | 0.03%Best |
| AUM | $320M | $997.4B |
| Dividend Yield | 0.90% | 1.08% |
| Holdings | 79 | 509 |
| YTD Return | +14.44%Best | +13.37% |
| 1Y Return | +21.12%Best | +20.08% |
| 3Y Return (annualized) | - | +21.29% |
| 5Y Return (annualized) | - | +12.89% |
| Volatility (annualized) | 11.8%Best | 12.0% |
| Max Drawdown | -15.1% | -13.6%Best |
| $10,000 over 1.5 years | $10,525 | $13,949Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Managed Futures | Large Cap Blend |
| Inception | Mar 19, 2025 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Mar 19, 2025 to Sep 4, 2026 (1.5 years).
IMF 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 covers the 1.5 years both funds cover.
IMF vs VOO Performance
Invesco Managed Futures Strategy ETF (IMF) is an ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year IMF returned +21.12% while VOO returned +20.08%. Year to date, IMF is up 14.44% versus a gain of 13.37% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 12.0% compared with 11.8% for IMF. 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 -15.1% for IMF and -13.6% 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 0.10. They move largely independently of each other.
Fees and Cost Over Time
IMF charges 0.65% per year while VOO charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, IMF currently yields 0.90% against 1.08% for VOO.
Holdings Overlap
We hold position weights for 1 holding in IMF and 505 in VOO, totalling 71.9% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in IMF and 505 in VOO, against full books of 79 and 509.
You are not choosing between two funds in isolation.
Whichever of IMF and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IMF or VOO?
IMF has an expense ratio of 0.65% while VOO charges 0.03%. VOO is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, IMF or VOO?
Over the past year IMF returned +21.12% vs +20.08% for VOO, so IMF leads on 1-year performance. Over the longest common window we track (2 years), IMF annualized +3.47% vs +24.84% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IMF or VOO?
VOO has been the more volatile fund at 12.0% annualized versus 11.8% for IMF. Worst drawdown: IMF -15.1% vs VOO -13.6%.
Should I hold both IMF and VOO?
IMF and VOO have a monthly-return correlation of 0.10, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IMF or VOO?
IMF yields 0.90% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
Is VOO better than IMF?
VOO has a lower expense ratio. IMF led over 1Y, VOO over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.