MDPL vs VOO
Monarch Dividend Plus Index ETF vs Vanguard S&P 500 ETF
Which is better, MDPL or VOO?
Each has led over a different period.
VOO has a lower expense ratio. MDPL led over 1Y, VOO over the full window. MDPL is less concentrated, with 35.5% of the fund in its ten largest positions against 39.1%.
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 | MDPL | VOO |
|---|---|---|
| Expense Ratio | 1.19% | 0.03%Best |
| AUM | $61M | $1.0T |
| Dividend Yield | 1.34% | 1.05% |
| Holdings | 62 | 519 |
| YTD Return | +13.18%Best | +11.07% |
| 1Y Return | +20.05%Best | +11.71% |
| 3Y Return (annualized) | - | +21.10% |
| 5Y Return (annualized) | - | +11.55% |
| Volatility (annualized) | 18.7% | 11.9%Best |
| Max Drawdown | -14.2%Best | -18.7% |
| $10,000 over 2.7 years | $12,319 | $15,181Best |
| Top 10 Weight | 35.5%Best | 39.1% |
| Fund Family | Monarch Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 12, 2024 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Mar 7, 2024 to Nov 9, 2026 (2.7 years).
MDPL 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 2.7 years both funds cover.
MDPL vs VOO Performance
Monarch Dividend Plus Index ETF (MDPL) is an ETF from Monarch Funds and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year MDPL returned +20.05% while VOO returned +11.71%. Year to date, MDPL is up 13.18% versus a gain of 11.07% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MDPL has been the more volatile fund, with annualized monthly volatility of 18.7% compared with 11.9% 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 -18.7% 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 0.27. They move largely independently of each other.
Fees and Cost Over Time
MDPL charges 1.19% per year while VOO charges 0.03%. On a $10,000 position that is $119 vs $3 annually, a gap of $116 per year that compounds over a long holding period. On income, MDPL currently yields 1.34% against 1.05% for VOO.
Holdings Overlap
56.3% of MDPL's money is in holdings VOO also owns. 1.5% of VOO's money is in holdings MDPL also owns.
The two portfolios partly overlap.
17 positions in common, counted across the 30 positions we hold weights for in MDPL and 506 in VOO, against full books of 62 and 519.
What only one of them owns
Our book lists 484 positions for VOO that do not appear in our book for MDPL (98.4% of the fund), and 13 for MDPL that do not appear in VOO (43.4%).
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 MDPL | Weight in VOO | Difference |
|---|---|---|---|
| ACNAccenture Plc | 3.64% | 0.17% | 3.47% |
| LDOSLeidos Holdings, Inc. | 3.71% | 0.02% | 3.69% |
| MMCMarsh & Mclennan Cos Inc Common Stock Usd 1 | 3.45% | 0.12% | 3.33% |
| CMCSAComcast Corp. Class A | 3.43% | 0.12% | 3.31% |
| FDSFactset Research Systems Inc. | 3.54% | 0.01% | 3.53% |
| INTUIntuit, Inc. | 3.39% | 0.11% | 3.28% |
| APOApollo Global Management Inc | 3.38% | 0.08% | 3.30% |
| BDXBecton Dickinson And Co. | 3.34% | 0.07% | 3.27% |
| WLTWWillis Towers Watson Plc. | 3.33% | 0.04% | 3.29% |
| SCHWSchwab Strategic T | 3.10% | 0.24% | 2.86% |
56.3% of MDPL 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, MDPL or VOO?
MDPL has an expense ratio of 1.19% while VOO charges 0.03%. VOO is the cheaper option, by $116 a year on a $10,000 investment.
Which performed better, MDPL or VOO?
Over the past year MDPL returned +20.05% vs +11.71% for VOO, so MDPL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MDPL or VOO?
MDPL has been the more volatile fund at 18.7% annualized versus 11.9% for VOO. Worst drawdown: MDPL -14.2% vs VOO -18.7%.
Should I hold both MDPL and VOO?
MDPL and VOO have a monthly-return correlation of 0.27, 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 MDPL and VOO?
56.3% of MDPL's money is in holdings VOO also owns. 1.5% of VOO's is in holdings MDPL also owns. They hold 17 positions in common, counted across the 30 positions we hold weights for in MDPL and 506 in VOO.
Which pays a higher dividend, MDPL or VOO?
MDPL yields 1.34% while VOO yields 1.05%, so MDPL currently pays the higher dividend yield.
Is VOO better than MDPL?
VOO has a lower expense ratio. MDPL led over 1Y, VOO over the full window. MDPL is less concentrated, with 35.5% of the fund in its ten largest positions against 39.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.