MEDI vs VOO
Harbor Health Care ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. MEDI delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | MEDI | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.80% | 0.03% | |
| AUM | $42M | $979.0B | |
| Dividend Yield | 0.04% | 1.09% | |
| Holdings | 41 | 509 | |
| YTD Return | +10.12% | +13.79% | |
| 1Y Return | +31.58% | +23.01% | |
| 3Y Return (annualized) | +16.65% | +21.78% | |
| 5Y Return (annualized) | - | +13.39% | |
| Volatility (annualized) | 16.3% | 14.1% | |
| Max Drawdown | -19.2% | -34.3% | |
| Fund Family | Harbor Funds | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 16, 2022 | Sep 7, 2010 |
MEDI vs VOO Performance
Harbor Health Care ETF (MEDI) is a ETF from Harbor Funds and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year MEDI returned +31.58% while VOO returned +23.01%. Year to date, MEDI is up 10.12% versus a gain of 13.79% for VOO.
Over three years, MEDI compounded at +16.65% per year against +21.78% for VOO. Across the full 4-year window we track, MEDI has the edge at +17.04% annualized vs +13.57%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MEDI has been the more volatile fund, with annualized monthly volatility of 16.3% 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 -19.2% for MEDI 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 0.54. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MEDI charges 0.80% per year while VOO charges 0.03%. On a $10,000 position that is $80 vs $3 annually, a gap of $77 per year that compounds over a long holding period. On income, MEDI currently yields 0.04% against 1.09% for VOO.
Holdings Overlap
MEDI and VOO share 16 holdings out of 532 unique holdings combined, representing a 4.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MEDI or VOO?
MEDI has an expense ratio of 0.80% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $77 per year of difference.
Which performed better, MEDI or VOO?
Over the past year MEDI returned +31.58% vs +23.01% for VOO, so MEDI leads on 1-year performance. Over the longest common window we track (4 years), MEDI annualized +17.04% vs +13.57% for VOO. Past performance does not guarantee future results.
Which is riskier, MEDI or VOO?
MEDI has been the more volatile fund at 16.3% annualized versus 14.1% for VOO. Worst drawdown: MEDI -19.2% vs VOO -34.3%.
Should I hold both MEDI and VOO?
MEDI and VOO have a monthly-return correlation of 0.54, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MEDI and VOO?
MEDI and VOO share 16 common holdings with a 4.9% weight overlap. Combined, they hold 532 unique securities.
Which pays a higher dividend, MEDI or VOO?
MEDI yields 0.04% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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