KWIN vs VOO
KraneShares Wahed Alternative Income Index ETF vs Vanguard S&P 500 ETF
Which is better, KWIN or VOO?
Multi Alternative against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 48.6%.
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 | KWIN | VOO |
|---|---|---|
| Expense Ratio | 0.51% | 0.03%Best |
| AUM | $63M | $1.0T |
| Dividend Yield | 0.00% | 1.04% |
| Holdings | 98 | 506 |
| YTD Return | +2.64% | +14.88%Best |
| 1Y Return | +3.46% | +17.30%Best |
| 3Y Return (annualized) | - | +23.04% |
| 5Y Return (annualized) | - | +13.97% |
| Top 10 Weight | 48.6% | 37.6%Best |
| Fund Family | KraneShares | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Nov 5, 2025 | Sep 7, 2010 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
KWIN 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
KWIN vs VOO Performance
KraneShares Wahed Alternative Income Index ETF (KWIN) is an ETF from KraneShares and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year KWIN returned +3.46% while VOO returned +17.30%. Year to date, KWIN is up 2.64% versus a gain of 14.88% for VOO.
Past performance does not guarantee future results.
Fees and Cost Over Time
KWIN charges 0.51% per year while VOO charges 0.03%. On a $10,000 position that is $51 vs $3 annually, a gap of $48 per year that compounds over a long holding period. On income, KWIN currently yields 0.00% against 1.04% for VOO.
Holdings Overlap
100.0% of KWIN's money is in holdings VOO also owns. 10.1% of VOO's money is in holdings KWIN also owns.
Most of KWIN is already inside VOO. Owning both mostly buys the same companies twice.
The two holdings books were reported 46 days apart, KWIN 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.
25 positions in common, counted across the 25 positions we hold weights for in KWIN and 494 in VOO, against full books of 98 and 506.
What only one of them owns
Our book lists 462 positions for VOO that do not appear in our book for KWIN (89.0% of the fund), and 0 for KWIN 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.
Top Shared Holdings
| Stock | Weight in KWIN | Weight in VOO | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 3.52% | 4.13% | 0.61% |
| TSLATesla Inc | 5.97% | 1.36% | 4.61% |
| WDAYWorkday, Inc., Class A | 5.62% | 0.05% | 5.57% |
| VRTXNvaesrtex Pharmaceuticals Inc | 5.37% | 0.19% | 5.18% |
| SNPSSynopsys | 5.30% | 0.12% | 5.18% |
| CRWDCrowdstrike Holdings Inc | 4.49% | 0.30% | 4.19% |
| NOWServicenow, Inc | 4.60% | 0.18% | 4.42% |
| SMCISuper Micro Computer Inc Common Stock USD.001 | 4.54% | 0.02% | 4.52% |
| AMDAdvanced Micro Devices Inc | 3.27% | 1.21% | 2.06% |
| BSXBoston Scientific Corp. | 4.34% | 0.11% | 4.23% |
100.0% of KWIN 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, KWIN or VOO?
KWIN has an expense ratio of 0.51% while VOO charges 0.03%. VOO is the cheaper option, by $48 a year on a $10,000 investment.
Which performed better, KWIN or VOO?
Over the past year KWIN returned +3.46% vs +17.30% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
What is the holdings overlap between KWIN and VOO?
100.0% of KWIN's money is in holdings VOO also owns. 10.1% of VOO's is in holdings KWIN also owns. They hold 25 positions in common, counted across the 25 positions we hold weights for in KWIN and 494 in VOO.
Which pays a higher dividend, KWIN or VOO?
KWIN yields 0.00% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than KWIN?
VOO has a lower expense ratio. VOO led over 1Y. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 48.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.