LMNX vs VOO
Defiance Daily Target 2X Long LMND ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | LMNX | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.31% | 0.03% | |
| AUM | $5M | $997.4B | |
| Dividend Yield | 0.00% | 1.08% | |
| Holdings | 9 | 509 | |
| YTD Return | -73.38% | +14.27% | |
| 1Y Return | -45.33% | +21.79% | |
| 3Y Return (annualized) | - | +22.19% | |
| 5Y Return (annualized) | - | +13.28% | |
| Volatility (annualized) | 51.6% | 14.2% | |
| Max Drawdown | -94.2% | -34.3% | |
| Fund Family | Defiance ETFs, LLC | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Oct 15, 2025 | Sep 7, 2010 |
LMNX vs VOO Performance
Defiance Daily Target 2X Long LMND ETF (LMNX) is a ETF from Defiance ETFs, LLC and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year LMNX returned -45.33% while VOO returned +21.79%. Year to date, LMNX is down 73.38% versus a gain of 14.27% for VOO.
Risk: Volatility and Drawdowns
LMNX has been the more volatile fund, with annualized monthly volatility of 51.6% compared with 14.2% 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 -94.2% for LMNX 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 0.08. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
LMNX charges 1.31% per year while VOO charges 0.03%. On a $10,000 position that is $131 vs $3 annually, a gap of $128 per year that compounds over a long holding period. On income, LMNX currently yields 0.00% against 1.08% for VOO.
Holdings Overlap
LMNX and VOO share 0 holdings out of 506 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, LMNX or VOO?
LMNX has an expense ratio of 1.31% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $128 per year of difference.
Which performed better, LMNX or VOO?
Over the past year LMNX returned -45.33% vs +21.79% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), LMNX annualized -3.31% vs +13.59% for VOO. Past performance does not guarantee future results.
Which is riskier, LMNX or VOO?
LMNX has been the more volatile fund at 51.6% annualized versus 14.2% for VOO. Worst drawdown: LMNX -94.2% vs VOO -34.3%.
Should I hold both LMNX and VOO?
LMNX and VOO have a monthly-return correlation of 0.08, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LMNX and VOO?
LMNX and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, LMNX or VOO?
LMNX yields 0.00% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.