MAKX vs VOO
Proshares S&P Kensho Smart Factories ETF vs Vanguard S&P 500 ETF
Which is better, MAKX or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. MAKX led over 1Y and 3Y, VOO over 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 59.1%.
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 | MAKX | VOO |
|---|---|---|
| Expense Ratio | 0.58% | 0.03%Best |
| AUM | $5M | $997.4B |
| Dividend Yield | 0.14% | 1.04% |
| Holdings | 25 | 509 |
| YTD Return | +26.30%Best | +12.25% |
| 1Y Return | +27.12%Best | +17.03% |
| 3Y Return (annualized) | +24.15%Best | +21.25% |
| 5Y Return (annualized) | +10.44% | +13.08%Best |
| Volatility (annualized) | 29.0% | 15.7%Best |
| Max Drawdown | -40.3% | -24.5%Best |
| $10,000 over 5 years | $16,430 | $18,490Best |
| Top 10 Weight | 59.1% | 37.6%Best |
| Fund Family | ProShares | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Sep 29, 2021 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 30, 2021 to Sep 17, 2026 (5 years).
MAKX 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 years both funds cover.
MAKX vs VOO Performance
Proshares S&P Kensho Smart Factories ETF (MAKX) is an ETF from ProShares and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year MAKX returned +27.12% while VOO returned +17.03%. Year to date, MAKX is up 26.30% versus a gain of 12.25% for VOO.
Over three years, MAKX compounded at +24.15% per year against +21.25% for VOO; over five years the annualized figures are +10.44% and +13.08% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MAKX has been the more volatile fund, with annualized monthly volatility of 29.0% compared with 15.7% 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 -40.3% for MAKX and -24.5% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MAKX charges 0.58% per year while VOO charges 0.03%. On a $10,000 position that is $58 vs $3 annually, a gap of $55 per year that compounds over a long holding period. On income, MAKX currently yields 0.14% against 1.04% for VOO.
Holdings Overlap
38.5% of MAKX's money is in holdings VOO also owns. 8.7% of VOO's money is in holdings MAKX also owns.
The two portfolios partly overlap.
9 positions in common, counted across the 24 positions we hold weights for in MAKX and 494 in VOO, against full books of 25 and 509.
What only one of them owns
Our book lists 478 positions for VOO that do not appear in our book for MAKX (90.5% of the fund), and 12 for MAKX that do not appear in VOO (53.4%).
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 MAKX | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 3.47% | 7.55% | 4.08% |
| ADSKAutodesk, Inc. | 6.54% | 0.08% | 6.46% |
| EMREmerson Electric Co. | 6.33% | 0.13% | 6.20% |
| ROKRockwell Automation | 5.68% | 0.08% | 5.60% |
| ZBRAZebra Technologies Corp | 5.02% | 0.02% | 5.00% |
| AMATApplied Materials, Inc. | 3.49% | 0.63% | 2.86% |
| SNPSSynopsys | 2.85% | 0.12% | 2.73% |
| DOVDover Corp. | 2.79% | 0.04% | 2.75% |
| ONOn Semiconductor Corp | 2.29% | 0.05% | 2.24% |
38.5% of MAKX 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, MAKX or VOO?
MAKX has an expense ratio of 0.58% while VOO charges 0.03%. VOO is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, MAKX or VOO?
Over the past year MAKX returned +27.12% vs +17.03% for VOO, so MAKX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MAKX or VOO?
MAKX has been the more volatile fund at 29.0% annualized versus 15.7% for VOO. Worst drawdown: MAKX -40.3% vs VOO -24.5%.
Should I hold both MAKX and VOO?
MAKX and VOO have a monthly-return correlation of 0.83, 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 MAKX and VOO?
38.5% of MAKX's money is in holdings VOO also owns. 8.7% of VOO's is in holdings MAKX also owns. They hold 9 positions in common, counted across the 24 positions we hold weights for in MAKX and 494 in VOO.
Which pays a higher dividend, MAKX or VOO?
MAKX yields 0.14% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than MAKX?
VOO has a lower expense ratio. MAKX led over 1Y and 3Y, VOO over 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 59.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.