IPKW vs VOO
Invesco International BuyBack Achievers ETF vs Vanguard S&P 500 ETF
Which is better, IPKW or VOO?
Each has led over a different period.
VOO has a lower expense ratio. IPKW led over 1Y and 3Y, VOO over 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 45.6%.
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 | IPKW | VOO |
|---|---|---|
| Expense Ratio | 0.55% | 0.03%Best |
| AUM | $564M | $997.4B |
| Dividend Yield | 3.36% | 1.08% |
| Holdings | 178 | 509 |
| YTD Return | +12.36% | +13.37%Best |
| 1Y Return | +24.53%Best | +20.08% |
| 3Y Return (annualized) | +24.80%Best | +21.29% |
| 5Y Return (annualized) | +11.22% | +12.89%Best |
| Volatility (annualized) | 16.4% | 14.6%Best |
| Max Drawdown | -50.3% | -34.3%Best |
| $10,000 over 5 years | $17,018 | $18,335Best |
| Top 10 Weight | 45.6% | 36.4%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 24, 2014 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Feb 27, 2014 to Sep 4, 2026 (12.5 years).
IPKW 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 12.5 years both funds cover.
IPKW vs VOO Performance
Invesco International BuyBack Achievers ETF (IPKW) is an ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year IPKW returned +24.53% while VOO returned +20.08%. Year to date, IPKW is up 12.36% versus a gain of 13.37% for VOO.
Over three years, IPKW compounded at +24.80% per year against +21.29% for VOO; over five years the annualized figures are +11.22% and +12.89% respectively. Across the full 13-year window we track, VOO has the edge at +12.76% annualized vs +9.52%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IPKW has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 14.6% for VOO. 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 -50.3% for IPKW 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IPKW charges 0.55% per year while VOO charges 0.03%. On a $10,000 position that is $55 vs $3 annually, a gap of $52 per year that compounds over a long holding period. On income, IPKW currently yields 3.36% against 1.08% for VOO.
Holdings Overlap
0.2% of IPKW's money is in holdings VOO also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 179 positions we hold weights for in IPKW and 505 in VOO, against full books of 178 and 509.
What only one of them owns
Our book lists 496 positions for VOO that do not appear in our book for IPKW (99.5% of the fund), and 2 for IPKW that do not appear in VOO (5.3%).
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 IPKW | Weight in VOO | Difference |
|---|---|---|---|
| RFEurazeo | 0.23% | 0.04% | 0.19% |
You are not choosing between two funds in isolation.
Whichever of IPKW 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, IPKW or VOO?
IPKW has an expense ratio of 0.55% while VOO charges 0.03%. VOO is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, IPKW or VOO?
Over the past year IPKW returned +24.53% vs +20.08% for VOO, so IPKW leads on 1-year performance. Over the longest common window we track (13 years), IPKW annualized +9.52% vs +12.76% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IPKW or VOO?
IPKW has been the more volatile fund at 16.4% annualized versus 14.6% for VOO. Worst drawdown: IPKW -50.3% vs VOO -34.3%.
Should I hold both IPKW and VOO?
IPKW and VOO have a monthly-return correlation of 0.76, 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, IPKW or VOO?
IPKW yields 3.36% while VOO yields 1.08%, so IPKW currently pays the higher dividend yield.
Is VOO better than IPKW?
VOO has a lower expense ratio. IPKW led over 1Y and 3Y, VOO over 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 45.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.