JPY vs VOO
Lazard Japanese Equity ETF vs Vanguard S&P 500 ETF
Which is better, JPY or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. JPY led over 1Y and the full window.
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 | JPY | VOO |
|---|---|---|
| Expense Ratio | 0.60% | 0.03%Best |
| AUM | - | $997.4B |
| Dividend Yield | 1.38% | 1.08% |
| Holdings | 64 | 509 |
| YTD Return | +23.21%Best | +13.37% |
| 1Y Return | +31.39%Best | +20.08% |
| 3Y Return (annualized) | - | +21.29% |
| 5Y Return (annualized) | - | +12.89% |
| Volatility (annualized) | 13.8% | 12.1%Best |
| Max Drawdown | -15.1% | -8.9%Best |
| $10,000 over 1.4 years | $17,659Best | $15,453 |
| Top 10 Weight | 36.4%Tie | 36.4%Tie |
| Fund Family | Lazard Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Apr 4, 2025 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: Apr 7, 2025 to Sep 4, 2026 (1.4 years).
JPY 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 1.4 years both funds cover.
JPY vs VOO Performance
Lazard Japanese Equity ETF (JPY) is an ETF from Lazard Asset Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year JPY returned +31.39% while VOO returned +20.08%. Year to date, JPY is up 23.21% versus a gain of 13.37% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JPY has been the more volatile fund, with annualized monthly volatility of 13.8% compared with 12.1% 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 -15.1% for JPY and -8.9% 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 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
JPY 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, JPY currently yields 1.38% against 1.08% for VOO.
Holdings Overlap
We hold position weights for 62 holdings in JPY and 505 in VOO, totalling 98.6% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 56 days apart, JPY as of Aug 25, 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.
0 positions in common, counted across the 62 positions we hold weights for in JPY and 505 in VOO, against full books of 64 and 509.
What only one of them owns
Our book lists 497 positions for VOO that do not appear in our book for JPY (99.5% of the fund), and 0 for JPY that do not appear in VOO (0.0%).
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.
You are not choosing between two funds in isolation.
Whichever of JPY 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, JPY or VOO?
JPY 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, JPY or VOO?
Over the past year JPY returned +31.39% vs +20.08% for VOO, so JPY leads on 1-year performance. Over the longest common window we track (1 years), JPY annualized +50.11% vs +36.46% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JPY or VOO?
JPY has been the more volatile fund at 13.8% annualized versus 12.1% for VOO. Worst drawdown: JPY -15.1% vs VOO -8.9%.
Should I hold both JPY and VOO?
JPY and VOO have a monthly-return correlation of 0.65, 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, JPY or VOO?
JPY yields 1.38% while VOO yields 1.08%, so JPY currently pays the higher dividend yield.
Is VOO better than JPY?
VOO has a lower expense ratio. JPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.