IYE vs VOO
iShares US Energy ETF vs Vanguard S&P 500 ETF
Which is better, IYE or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. IYE led over 1Y and 5Y, VOO over 3Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 70.5%.
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 | IYE | VOO |
|---|---|---|
| Expense Ratio | 0.38% | 0.03%Best |
| AUM | $1.9B | $997.4B |
| Dividend Yield | 1.98% | 1.04% |
| Holdings | 44 | 509 |
| YTD Return | +43.19%Best | +12.50% |
| 1Y Return | +48.77%Best | +17.58% |
| 3Y Return (annualized) | +15.22% | +21.27%Best |
| 5Y Return (annualized) | +24.57%Best | +12.95% |
| Volatility (annualized) | 26.6% | 14.1%Best |
| Max Drawdown | -78.1% | -34.3%Best |
| $10,000 over 5 years | $29,996Best | $18,384 |
| Top 10 Weight | 70.5% | 36.4%Best |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jun 12, 2000 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 11, 2026 (16 years).
IYE 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 16 years both funds cover.
IYE vs VOO Performance
iShares US Energy ETF (IYE) 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 IYE returned +48.77% while VOO returned +17.58%. Year to date, IYE is up 43.19% versus a gain of 12.50% for VOO.
Over three years, IYE compounded at +15.22% per year against +21.27% for VOO; over five years the annualized figures are +24.57% and +12.95% respectively. Across the full 16-year window we track, VOO has the edge at +13.41% annualized vs +6.16%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IYE has been the more volatile fund, with annualized monthly volatility of 26.6% compared with 14.1% 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 -78.1% for IYE 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 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IYE charges 0.38% per year while VOO charges 0.03%. On a $10,000 position that is $38 vs $3 annually, a gap of $35 per year that compounds over a long holding period. On income, IYE currently yields 1.98% against 1.04% for VOO.
Holdings Overlap
89.6% of IYE's money is in holdings VOO also owns. 3.0% of VOO's money is in holdings IYE also owns.
Most of IYE is already inside VOO. Owning both mostly buys the same companies twice.
The two holdings books were reported 62 days apart, IYE as of Aug 31, 2026 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
22 positions in common, counted across the 41 positions we hold weights for in IYE and 505 in VOO, against full books of 44 and 509.
What only one of them owns
Our book lists 475 positions for VOO that do not appear in our book for IYE (96.5% of the fund), and 17 for IYE that do not appear in VOO (8.5%).
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 IYE | Weight in VOO | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp. | 22.02% | 0.88% | 21.14% |
| CVXChevron Corp. | 15.69% | 0.48% | 15.21% |
| COPConocophillips Co | 6.63% | 0.20% | 6.43% |
| MPCMarathon Petroleum Corp. | 4.51% | 0.12% | 4.39% |
| VLOValero Energy Corp. | 4.36% | 0.12% | 4.24% |
| PSXPhillips 66 | 4.06% | 0.11% | 3.95% |
| WMBWilliams Cos. Inc. | 3.75% | 0.14% | 3.61% |
| SLBSchlumberger Nv. | 3.69% | 0.11% | 3.58% |
| EOGEog Resources Inc | 3.18% | 0.11% | 3.07% |
| BKRBaker Hughes A Ge Co. Class A | 2.59% | 0.09% | 2.50% |
89.6% of IYE 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IYE or VOO?
IYE has an expense ratio of 0.38% while VOO charges 0.03%. VOO is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, IYE or VOO?
Over the past year IYE returned +48.77% vs +17.58% for VOO, so IYE leads on 1-year performance. Over the longest common window we track (16 years), IYE annualized +6.16% vs +13.41% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IYE or VOO?
IYE has been the more volatile fund at 26.6% annualized versus 14.1% for VOO. Worst drawdown: IYE -78.1% vs VOO -34.3%.
Should I hold both IYE and VOO?
IYE and VOO have a monthly-return correlation of 0.60, 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 IYE and VOO?
89.6% of IYE's money is in holdings VOO also owns. 3.0% of VOO's is in holdings IYE also owns. They hold 22 positions in common, counted across the 41 positions we hold weights for in IYE and 505 in VOO.
Which pays a higher dividend, IYE or VOO?
IYE yields 1.98% while VOO yields 1.04%, so IYE currently pays the higher dividend yield.
Is VOO better than IYE?
VOO has a lower expense ratio. IYE led over 1Y and 5Y, VOO over 3Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 70.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.