KEAT vs VOO
Keating Active ETF vs Vanguard S&P 500 ETF
Which is better, KEAT or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 68.3%.
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 | KEAT | VOO |
|---|---|---|
| Expense Ratio | 0.85% | 0.03%Best |
| AUM | $118M | $1.0T |
| Dividend Yield | 2.40% | 1.04% |
| Holdings | 60 | 506 |
| YTD Return | +8.43% | +13.59%Best |
| 1Y Return | +13.34% | +16.33%Best |
| 3Y Return (annualized) | - | +23.81% |
| 5Y Return (annualized) | - | +14.02% |
| Volatility (annualized) | 12.4% | 11.9%Best |
| Max Drawdown | -10.6%Best | -18.7% |
| $10,000 over 2.5 years | $13,685 | $15,135Best |
| Top 10 Weight | 68.3% | 37.6%Best |
| Fund Family | Keating Investment Counselors | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 27, 2024 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Mar 27, 2024 to Oct 2, 2026 (2.5 years).
KEAT 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 2.5 years both funds cover.
KEAT vs VOO Performance
Keating Active ETF (KEAT) is an ETF from Keating Investment Counselors and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year KEAT returned +13.34% while VOO returned +16.33%. Year to date, KEAT is up 8.43% versus a gain of 13.59% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KEAT has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 11.9% 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 -10.6% for KEAT and -18.7% 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 0.16. They move largely independently of each other.
Fees and Cost Over Time
KEAT charges 0.85% per year while VOO charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, KEAT currently yields 2.40% against 1.04% for VOO.
Holdings Overlap
8.1% of KEAT's money is in holdings VOO also owns. 1.1% of VOO's money is in holdings KEAT also owns.
KEAT and VOO share little of their money.
The two holdings books were reported 46 days apart, KEAT as of Sep 15, 2026 and VOO as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
5 positions in common, counted across the 29 positions we hold weights for in KEAT and 494 in VOO, against full books of 60 and 506.
What only one of them owns
Our book lists 482 positions for VOO that do not appear in our book for KEAT (98.1% of the fund), and 12 for KEAT that do not appear in VOO (57.6%).
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 KEAT 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, KEAT or VOO?
KEAT has an expense ratio of 0.85% while VOO charges 0.03%. VOO is the cheaper option, by $82 a year on a $10,000 investment.
Which performed better, KEAT or VOO?
Over the past year KEAT returned +13.34% vs +16.33% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KEAT or VOO?
KEAT has been the more volatile fund at 12.4% annualized versus 11.9% for VOO. Worst drawdown: KEAT -10.6% vs VOO -18.7%.
Should I hold both KEAT and VOO?
KEAT and VOO have a monthly-return correlation of 0.16, 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 KEAT and VOO?
8.1% of KEAT's money is in holdings VOO also owns. 1.1% of VOO's is in holdings KEAT also owns. They hold 5 positions in common, counted across the 29 positions we hold weights for in KEAT and 494 in VOO.
Which pays a higher dividend, KEAT or VOO?
KEAT yields 2.40% while VOO yields 1.04%, so KEAT currently pays the higher dividend yield.
Is VOO better than KEAT?
VOO has a lower expense ratio. VOO led over 1Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 68.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.