MDPL vs VOO
Monarch Dividend Plus Index 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 505 holdings.
Side-by-Side Comparison
| Metric | MDPL | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.24% | 0.03% | |
| AUM | $58M | $979.0B | |
| Dividend Yield | 1.66% | 1.09% | |
| Holdings | 32 | 509 | |
| YTD Return | +9.01% | +13.79% | |
| 1Y Return | +13.70% | +23.01% | |
| 3Y Return (annualized) | - | +21.78% | |
| 5Y Return (annualized) | - | +13.39% | |
| Volatility (annualized) | 15.5% | 14.1% | |
| Max Drawdown | -14.2% | -34.3% | |
| Fund Family | Monarch Funds | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Feb 12, 2024 | Sep 7, 2010 |
MDPL vs VOO Performance
Monarch Dividend Plus Index ETF (MDPL) is a ETF from Monarch Funds and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year MDPL returned +13.70% while VOO returned +23.01%. Year to date, MDPL is up 9.01% versus a gain of 13.79% for VOO.
Risk: Volatility and Drawdowns
MDPL has been the more volatile fund, with annualized monthly volatility of 15.5% 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 -14.2% for MDPL 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 0.35. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MDPL charges 1.24% per year while VOO charges 0.03%. On a $10,000 position that is $124 vs $3 annually, a gap of $121 per year that compounds over a long holding period. On income, MDPL currently yields 1.66% against 1.09% for VOO.
Holdings Overlap
MDPL and VOO share 16 holdings out of 519 unique holdings combined, representing a 1.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MDPL or VOO?
MDPL has an expense ratio of 1.24% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $121 per year of difference.
Which performed better, MDPL or VOO?
Over the past year MDPL returned +13.70% vs +23.01% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), MDPL annualized +7.23% vs +13.57% for VOO. Past performance does not guarantee future results.
Which is riskier, MDPL or VOO?
MDPL has been the more volatile fund at 15.5% annualized versus 14.1% for VOO. Worst drawdown: MDPL -14.2% vs VOO -34.3%.
Should I hold both MDPL and VOO?
MDPL and VOO have a monthly-return correlation of 0.35, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MDPL and VOO?
MDPL and VOO share 16 common holdings with a 1.3% weight overlap. Combined, they hold 519 unique securities.
Which pays a higher dividend, MDPL or VOO?
MDPL yields 1.66% while VOO yields 1.09%, so MDPL currently pays the higher dividend yield.
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