LFAO vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricLFAOVOOWinner
Expense Ratio0.25%0.03%
AUM$5M$979.0B
Dividend Yield11.17%1.09%
Holdings21509
YTD Return-5.94%+13.72%
1Y Return-3.48%+21.63%
3Y Return (annualized)-+21.55%
5Y Return (annualized)-+13.26%
Volatility (annualized)7.6%14.1%
Max Drawdown-10.1%-34.3%
Fund FamilyStone Ridge Asset ManagementVanguard (US)
CategoryFixed IncomeEquity
InceptionJan 8, 2024Sep 7, 2010

LFAO vs VOO Performance

LifeX 2055 Longevity Income ETF (LFAO) is a ETF from Stone Ridge Asset Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year LFAO returned -3.48% while VOO returned +21.63%. Year to date, LFAO is down 5.94% versus a gain of 13.72% for VOO.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 7.6% for LFAO. 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 -10.1% for LFAO and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.19. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

LFAO charges 0.25% per year while VOO charges 0.03%. On a $10,000 position that is $25 vs $3 annually, a gap of $22 per year that compounds over a long holding period. On income, LFAO currently yields 11.17% against 1.09% for VOO.

Holdings Overlap

0.0%overlap

LFAO and VOO share 0 holdings out of 525 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, LFAO or VOO?

LFAO has an expense ratio of 0.25% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $22 per year of difference.

Which performed better, LFAO or VOO?

Over the past year LFAO returned -3.48% vs +21.63% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), LFAO annualized -4.57% vs +13.56% for VOO. Past performance does not guarantee future results.

Which is riskier, LFAO or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 7.6% for LFAO. Worst drawdown: LFAO -10.1% vs VOO -34.3%.

Should I hold both LFAO and VOO?

LFAO and VOO have a monthly-return correlation of 0.19, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between LFAO and VOO?

LFAO and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 525 unique securities.

Which pays a higher dividend, LFAO or VOO?

LFAO yields 11.17% while VOO yields 1.09%, so LFAO currently pays the higher dividend yield.

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