LAZR vs VOO
Tema Photonics & Optical ETF vs Vanguard S&P 500 ETF
Which is better, LAZR or VOO?
Large Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. LAZR led over 1Y, VOO over 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 65.5%.
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 | LAZR | VOO |
|---|---|---|
| Expense Ratio | 0.75% | 0.03%Best |
| AUM | $82M | $997.4B |
| Dividend Yield | 0.00% | 1.04% |
| Holdings | 26 | 509 |
| YTD Return | -19.71% | +11.98%Best |
| 1Y Return | +1807.51%Best | +16.45% |
| 3Y Return (annualized) | -19.08% | +21.19%Best |
| 5Y Return (annualized) | -30.48% | +12.95%Best |
| Volatility (annualized) | 11591.0% | 15.1%Best |
| Max Drawdown | - | -24.5% |
| $10,000 over 5 years | $1,624 | $18,384Best |
| Top 10 Weight | 65.5% | 37.6%Best |
| Fund Family | Tema Global Limited | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Jun 30, 2026 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Dec 3, 2020 to Sep 14, 2026 (5.8 years).
LAZR 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 5.8 years both funds cover.
LAZR vs VOO Performance
Tema Photonics & Optical ETF (LAZR) is an ETF from Tema Global Limited and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year LAZR returned +1807.51% while VOO returned +16.45%. Year to date, LAZR is down 19.71% versus a gain of 11.98% for VOO.
Over three years, LAZR compounded at -19.08% per year against +21.19% for VOO; over five years the annualized figures are -30.48% and +12.95% respectively. Across the full 6-year window we track, VOO has the edge at +15.01% annualized vs -30.92%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LAZR has been the more volatile fund, with annualized monthly volatility of 11591.0% compared with 15.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at -0.06. They move largely independently of each other.
Fees and Cost Over Time
LAZR charges 0.75% per year while VOO charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, LAZR currently yields 0.00% against 1.04% for VOO.
Holdings Overlap
22.6% of LAZR's money is in holdings VOO also owns. 0.3% of VOO's money is in holdings LAZR also owns.
LAZR and VOO share little of their money.
3 positions in common, counted across the 26 positions we hold weights for in LAZR and 494 in VOO, against full books of 26 and 509.
What only one of them owns
Our book lists 484 positions for VOO that do not appear in our book for LAZR (98.9% of the fund), and 7 for LAZR that do not appear in VOO (22.0%).
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.
22.6% of LAZR 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, LAZR or VOO?
LAZR has an expense ratio of 0.75% while VOO charges 0.03%. VOO is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, LAZR or VOO?
Over the past year LAZR returned +1807.51% vs +16.45% for VOO, so LAZR leads on 1-year performance. Over the longest common window we track (6 years), LAZR annualized -30.92% vs +15.01% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LAZR or VOO?
LAZR has been the more volatile fund at 11591.0% annualized versus 15.1% for VOO.
Should I hold both LAZR and VOO?
LAZR and VOO have a monthly-return correlation of -0.06, 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 LAZR and VOO?
22.6% of LAZR's money is in holdings VOO also owns. 0.3% of VOO's is in holdings LAZR also owns. They hold 3 positions in common, counted across the 26 positions we hold weights for in LAZR and 494 in VOO.
Which pays a higher dividend, LAZR or VOO?
LAZR yields 0.00% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than LAZR?
VOO has a lower expense ratio. LAZR led over 1Y, VOO over 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 65.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.