LITL vs VOO
Simplify Piper Sandler US Small-Cap PLUS Income ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. LITL delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | LITL | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.91% | 0.03% | |
| AUM | $7M | $979.0B | |
| Dividend Yield | 1.50% | 1.09% | |
| Holdings | 147 | 509 | |
| YTD Return | +19.26% | +13.72% | |
| 1Y Return | +28.29% | +21.63% | |
| 3Y Return (annualized) | - | +21.55% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 15.3% | 14.1% | |
| Max Drawdown | -9.3% | -34.3% | |
| Fund Family | Simplify Exchange Traded Funds | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 28, 2025 | Sep 7, 2010 |
LITL vs VOO Performance
Simplify Piper Sandler US Small-Cap PLUS Income ETF (LITL) is a ETF from Simplify Exchange Traded Funds and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year LITL returned +28.29% while VOO returned +21.63%. Year to date, LITL is up 19.26% versus a gain of 13.72% for VOO.
Risk: Volatility and Drawdowns
LITL has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 14.1% 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 -9.3% for LITL 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 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
LITL charges 0.91% per year while VOO charges 0.03%. On a $10,000 position that is $91 vs $3 annually, a gap of $88 per year that compounds over a long holding period. On income, LITL currently yields 1.50% against 1.09% for VOO.
Holdings Overlap
LITL and VOO share 0 holdings out of 646 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, LITL or VOO?
LITL has an expense ratio of 0.91% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $88 per year of difference.
Which performed better, LITL or VOO?
Over the past year LITL returned +28.29% vs +21.63% for VOO, so LITL leads on 1-year performance. Over the longest common window we track (1 years), LITL annualized +30.41% vs +13.56% for VOO. Past performance does not guarantee future results.
Which is riskier, LITL or VOO?
LITL has been the more volatile fund at 15.3% annualized versus 14.1% for VOO. Worst drawdown: LITL -9.3% vs VOO -34.3%.
Should I hold both LITL and VOO?
LITL and VOO have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LITL and VOO?
LITL and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 646 unique securities.
Which pays a higher dividend, LITL or VOO?
LITL yields 1.50% while VOO yields 1.09%, so LITL currently pays the higher dividend yield.
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