IPO vs VOO
Renaissance IPO ETF vs Vanguard S&P 500 ETF
Which is better, IPO or VOO?
Mid Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 56.1%.
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 | IPO | VOO |
|---|---|---|
| Expense Ratio | 0.60% | 0.03%Best |
| AUM | $143M | $997.4B |
| Dividend Yield | 0.44% | 1.04% |
| Holdings | 53 | 509 |
| YTD Return | +14.54%Best | +13.21% |
| 1Y Return | +6.88% | +17.37%Best |
| 3Y Return (annualized) | +20.57% | +22.66%Best |
| 5Y Return (annualized) | -4.69% | +13.14%Best |
| Volatility (annualized) | 26.1% | 14.5%Best |
| Max Drawdown | -68.8% | -34.3%Best |
| $10,000 over 5 years | $7,865 | $18,539Best |
| Top 10 Weight | 56.1% | 37.6%Best |
| Fund Family | Renaissance Capital | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Oct 16, 2013 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Oct 16, 2013 to Sep 24, 2026 (12.9 years).
IPO 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 12.9 years both funds cover.
IPO vs VOO Performance
Renaissance IPO ETF (IPO) is an ETF from Renaissance Capital and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year IPO returned +6.88% while VOO returned +17.37%. Year to date, IPO is up 14.54% versus a gain of 13.21% for VOO.
Over three years, IPO compounded at +20.57% per year against +22.66% for VOO; over five years the annualized figures are -4.69% and +13.14% respectively. Across the full 13-year window we track, VOO has the edge at +12.98% annualized vs +7.90%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IPO has been the more volatile fund, with annualized monthly volatility of 26.1% compared with 14.5% 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 -68.8% for IPO 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IPO charges 0.60% per year while VOO charges 0.03%. On a $10,000 position that is $60 vs $3 annually, a gap of $57 per year that compounds over a long holding period. On income, IPO currently yields 0.44% against 1.04% for VOO.
Holdings Overlap
2.0% of IPO's money is in holdings VOO also owns. 0.5% of VOO's money is in holdings IPO also owns.
IPO and VOO share little of their money.
1 positions in common, counted across the 52 positions we hold weights for in IPO and 494 in VOO, against full books of 53 and 509.
What only one of them owns
Our book lists 486 positions for VOO that do not appear in our book for IPO (98.7% of the fund), and 45 for IPO that do not appear in VOO (86.8%).
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 IPO | Weight in VOO | Difference |
|---|---|---|---|
| RTXRaytheon Co. | 2.03% | 0.45% | 1.58% |
You are not choosing between two funds in isolation.
Whichever of IPO 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, IPO or VOO?
IPO has an expense ratio of 0.60% while VOO charges 0.03%. VOO is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, IPO or VOO?
Over the past year IPO returned +6.88% vs +17.37% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (13 years), IPO annualized +7.90% vs +12.98% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IPO or VOO?
IPO has been the more volatile fund at 26.1% annualized versus 14.5% for VOO. Worst drawdown: IPO -68.8% vs VOO -34.3%.
Should I hold both IPO and VOO?
IPO and VOO have a monthly-return correlation of 0.72, 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 IPO and VOO?
2.0% of IPO's money is in holdings VOO also owns. 0.5% of VOO's is in holdings IPO also owns. They hold 1 positions in common, counted across the 52 positions we hold weights for in IPO and 494 in VOO.
Which pays a higher dividend, IPO or VOO?
IPO yields 0.44% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than IPO?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 56.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.