IYT vs VOO
iShares US Transportation ETF vs Vanguard S&P 500 ETF
Which is better, IYT or VOO?
Mid Cap Blend against Large Cap Blend.
VOO has a lower expense ratio. IYT led over 1Y, VOO over 3Y, 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 72.4%.
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 | IYT | VOO |
|---|---|---|
| Expense Ratio | 0.38% | 0.03%Best |
| AUM | $2.2B | $997.4B |
| Dividend Yield | 0.92% | 1.08% |
| Holdings | 47 | 509 |
| YTD Return | +12.15% | +13.37%Best |
| 1Y Return | +20.39%Best | +20.08% |
| 3Y Return (annualized) | +12.30% | +21.29%Best |
| 5Y Return (annualized) | +7.07% | +12.89%Best |
| Volatility (annualized) | 19.4% | 14.1%Best |
| Max Drawdown | -42.4% | -34.3%Best |
| $10,000 over 5 years | $14,071 | $18,335Best |
| Top 10 Weight | 72.4% | 36.4%Best |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Oct 6, 2003 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 4, 2026 (16 years).
IYT 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.
IYT vs VOO Performance
iShares US Transportation ETF (IYT) 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 IYT returned +20.39% while VOO returned +20.08%. Year to date, IYT is up 12.15% versus a gain of 13.37% for VOO.
Over three years, IYT compounded at +12.30% per year against +21.29% for VOO; over five years the annualized figures are +7.07% and +12.89% respectively. Across the full 16-year window we track, VOO has the edge at +13.48% annualized vs +9.85%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IYT has been the more volatile fund, with annualized monthly volatility of 19.4% 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 -42.4% for IYT 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IYT 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, IYT currently yields 0.92% against 1.08% for VOO.
Holdings Overlap
82.1% of IYT's money is in holdings VOO also owns. 1.3% of VOO's money is in holdings IYT also owns.
Most of IYT is already inside VOO. Owning both mostly buys the same companies twice.
14 positions in common, counted across the 44 positions we hold weights for in IYT and 505 in VOO, against full books of 47 and 509.
What only one of them owns
Measured across the 44 and 505 positions we hold weights for.
VOO holds 483 positions IYT does not, 98.2% of the fund.
Largest: NVDA 7.51%, AAPL 6.59%, MSFT 4.30%, AMZN 3.62%, GOOGL 3.25%
Top Shared Holdings
| Stock | Weight in IYT | Weight in VOO | Difference |
|---|---|---|---|
| UNPUnion Pacific Corp | 17.21% | 0.25% | 16.96% |
| UBERUber Technologies Inc | 13.61% | 0.23% | 13.38% |
| CSXCsx Corp. | 9.32% | 0.14% | 9.18% |
| UPSUnited Parcel Service, Inc | 5.70% | 0.12% | 5.58% |
| UALUnited Airlines Holdings Inc. | 5.39% | 0.07% | 5.32% |
| DALDl Co., Ltd. | 5.26% | 0.09% | 5.17% |
| NSCNorfolk Southern Corp | 4.78% | 0.11% | 4.67% |
| FDXFedex Corp | 4.20% | 0.11% | 4.09% |
| ODFLOld Dominion Freig | 3.94% | 0.06% | 3.88% |
| LUVSouthwest Airlines Co. | 2.98% | 0.04% | 2.94% |
82.1% of IYT 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, IYT or VOO?
IYT 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, IYT or VOO?
Over the past year IYT returned +20.39% vs +20.08% for VOO, so IYT leads on 1-year performance. Over the longest common window we track (16 years), IYT annualized +9.85% vs +13.48% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IYT or VOO?
IYT has been the more volatile fund at 19.4% annualized versus 14.1% for VOO. Worst drawdown: IYT -42.4% vs VOO -34.3%.
Should I hold both IYT and VOO?
IYT and VOO have a monthly-return correlation of 0.84, 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 IYT and VOO?
82.1% of IYT's money is in holdings VOO also owns. 1.3% of VOO's is in holdings IYT also owns. They hold 14 positions in common, counted across the 44 positions we hold weights for in IYT and 505 in VOO.
Which pays a higher dividend, IYT or VOO?
IYT yields 0.92% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
Is VOO better than IYT?
VOO has a lower expense ratio. IYT led over 1Y, VOO over 3Y, 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 72.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.