MEDI vs VOO
Harbor Health Care ETF vs Vanguard S&P 500 ETF
Which is better, MEDI or VOO?
Large Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. MEDI led over 1Y, VOO over 3Y and the full window. VOO is less concentrated, with 39.1% of the fund in its ten largest positions against 61.8%.
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 | MEDI | VOO |
|---|---|---|
| Expense Ratio | 0.80% | 0.03%Best |
| AUM | $45M | $1.0T |
| Dividend Yield | 0.04% | 1.05% |
| Holdings | 91 | 519 |
| YTD Return | +15.59%Best | +12.11% |
| 1Y Return | +18.06%Best | +12.50% |
| 3Y Return (annualized) | +19.53% | +21.54%Best |
| 5Y Return (annualized) | - | +11.93% |
| Volatility (annualized) | 16.3% | 12.7%Best |
| Max Drawdown | -19.2% | -18.7%Best |
| $10,000 over 4 years | $18,925 | $20,413Best |
| Top 10 Weight | 61.8% | 39.1%Best |
| Fund Family | Harbor Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Nov 16, 2022 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Nov 17, 2022 to Nov 11, 2026 (4 years).
MEDI 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 4 years both funds cover.
MEDI vs VOO Performance
Harbor Health Care ETF (MEDI) is an ETF from Harbor Funds and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year MEDI returned +18.06% while VOO returned +12.50%. Year to date, MEDI is up 15.59% versus a gain of 12.11% for VOO.
Over three years, MEDI compounded at +19.53% per year against +21.54% for VOO. Across the full 4-year window we track, VOO has the edge at +19.53% annualized vs +17.29%.
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 12.7% 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 -19.2% for MEDI 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 0.50. They move together some of the time, and apart the rest.
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 1.05% for VOO.
Holdings Overlap
36.4% of MEDI's money is in holdings VOO also owns. 4.1% of VOO's money is in holdings MEDI also owns.
The two portfolios partly overlap.
11 positions in common, counted across the 45 positions we hold weights for in MEDI and 506 in VOO, against full books of 91 and 519.
What only one of them owns
Our book lists 490 positions for VOO that do not appear in our book for MEDI (95.8% of the fund), and 30 for MEDI that do not appear in VOO (53.0%).
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 MEDI | Weight in VOO | Difference |
|---|---|---|---|
| LLYEli Lilly & Co | 21.77% | 1.41% | 20.36% |
| ISRGIntuitive Surgical Inc | 2.54% | 0.22% | 2.32% |
| ABBVAbbvie Inc. | 1.65% | 0.70% | 0.95% |
| IDXXIdexx Laboratories Inc. | 2.03% | 0.06% | 1.97% |
| CORCencora Inc | 1.85% | 0.09% | 1.76% |
| DHRDanaher Corporation | 1.36% | 0.21% | 1.15% |
| MCKMckesson Corp. | 1.37% | 0.15% | 1.22% |
| UNHUnitedhealth Group Incorporated | 1.00% | 0.50% | 0.50% |
| MRKMerck & Company Inc | 0.95% | 0.54% | 0.41% |
| VRTXVertex Pharmaceuticals Inc | 1.06% | 0.20% | 0.86% |
36.4% of MEDI 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, MEDI or VOO?
MEDI has an expense ratio of 0.80% while VOO charges 0.03%. VOO is the cheaper option, by $77 a year on a $10,000 investment.
Which performed better, MEDI or VOO?
Over the past year MEDI returned +18.06% vs +12.50% for VOO, so MEDI leads on 1-year performance. Over the longest common window we track (4 years), MEDI annualized +17.29% vs +19.53% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MEDI or VOO?
MEDI has been the more volatile fund at 16.3% annualized versus 12.7% for VOO. Worst drawdown: MEDI -19.2% vs VOO -18.7%.
Should I hold both MEDI and VOO?
MEDI and VOO have a monthly-return correlation of 0.50, 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 MEDI and VOO?
36.4% of MEDI's money is in holdings VOO also owns. 4.1% of VOO's is in holdings MEDI also owns. They hold 11 positions in common, counted across the 45 positions we hold weights for in MEDI and 506 in VOO.
Which pays a higher dividend, MEDI or VOO?
MEDI yields 0.04% while VOO yields 1.05%, so VOO currently pays the higher dividend yield.
Is VOO better than MEDI?
VOO has a lower expense ratio. MEDI led over 1Y, VOO over 3Y and the full window. VOO is less concentrated, with 39.1% of the fund in its ten largest positions against 61.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.