IMTM vs VOO

IMTM vs VOO

Which is better, IMTM or VOO?

Large Cap Growth against Large Cap Blend.

VOO has a lower expense ratio. IMTM led over 1Y and 3Y, VOO over 5Y and the full window. IMTM is less concentrated, with 22.6% of the fund in its ten largest positions against 36.4%.

Lower Fees: VOOHigher Returns: splitLess Concentrated: IMTM

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

MetricIMTMVOO
Expense Ratio0.30%0.03%Best
AUM$4.2B$997.4B
Dividend Yield4.37%1.04%
Holdings325509
YTD Return+11.67%+12.23%Best
1Y Return+19.74%Best+18.60%
3Y Return (annualized)+22.08%Best+20.98%
5Y Return (annualized)+10.00%+12.76%Best
Volatility (annualized)13.8%Best15.0%
Max Drawdown-30.7%Best-34.3%
$10,000 over 5 years$16,105$18,230Best
Top 10 Weight22.6%Best36.4%
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryEquityEquity
StyleLarge Cap GrowthLarge Cap Blend
InceptionJan 13, 2015Sep 7, 2010

Volatility and max drawdown are measured over the window both funds cover: Jan 26, 2015 to Sep 9, 2026 (11.6 years).

IMTM 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 11.6 years both funds cover.

IMTM vs VOO Performance

iShares MSCI Intl Momentum Factor ETF (IMTM) is an ETF from iShares by BlackRock (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year IMTM returned +19.74% while VOO returned +18.60%. Year to date, IMTM is up 11.67% versus a gain of 12.23% for VOO.

Over three years, IMTM compounded at +22.08% per year against +20.98% for VOO; over five years the annualized figures are +10.00% and +12.76% respectively. Across the full 12-year window we track, VOO has the edge at +12.72% annualized vs +8.10%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 15.0% compared with 13.8% for IMTM. 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 -30.7% for IMTM 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 0.83. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

IMTM charges 0.30% per year while VOO charges 0.03%. On a $10,000 position that is $30 vs $3 annually, a gap of $27 per year that compounds over a long holding period. On income, IMTM currently yields 4.37% against 1.04% for VOO.

Holdings Overlap

IMTM already in VOO2.0%
VOO already in IMTM0.1%

2.0% of IMTM's money is in holdings VOO also owns. 0.1% of VOO's money is in holdings IMTM also owns.

IMTM and VOO share little of their money.

1 positions in common, counted across the 301 positions we hold weights for in IMTM and 505 in VOO, against full books of 325 and 509.

What only one of them owns

Our book lists 495 positions for VOO that do not appear in our book for IMTM (99.4% of the fund), and 8 for IMTM that do not appear in VOO (3.6%).

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

StockWeight in IMTMWeight in VOODifference
ROPRoper Technologies Inc.1.98%0.05%1.93%

You are not choosing between two funds in isolation.

Whichever of IMTM and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

IMTMVOO

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Frequently Asked Questions

Which is cheaper, IMTM or VOO?

IMTM has an expense ratio of 0.30% while VOO charges 0.03%. VOO is the cheaper option, by $27 a year on a $10,000 investment.

Which performed better, IMTM or VOO?

Over the past year IMTM returned +19.74% vs +18.60% for VOO, so IMTM leads on 1-year performance. Over the longest common window we track (12 years), IMTM annualized +8.10% vs +12.72% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, IMTM or VOO?

VOO has been the more volatile fund at 15.0% annualized versus 13.8% for IMTM. Worst drawdown: IMTM -30.7% vs VOO -34.3%.

Should I hold both IMTM and VOO?

IMTM and VOO have a monthly-return correlation of 0.83, 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 IMTM and VOO?

2.0% of IMTM's money is in holdings VOO also owns. 0.1% of VOO's is in holdings IMTM also owns. They hold 1 positions in common, counted across the 301 positions we hold weights for in IMTM and 505 in VOO.

Which pays a higher dividend, IMTM or VOO?

IMTM yields 4.37% while VOO yields 1.04%, so IMTM currently pays the higher dividend yield.

Is VOO better than IMTM?

VOO has a lower expense ratio. IMTM led over 1Y and 3Y, VOO over 5Y and the full window. IMTM is less concentrated, with 22.6% 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.