MFUS vs VOO
PIMCO RAFI Dynamic Multi-Factor US Equity ETF vs Vanguard S&P 500 ETF
Which is better, MFUS or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. MFUS led over 1Y and 5Y, VOO over 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. MFUS is less concentrated, with 16.5% of the fund in its ten largest positions against 36.4%.
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 | MFUS | VOO |
|---|---|---|
| Expense Ratio | 0.29% | 0.03%Best |
| AUM | $297M | $997.4B |
| Dividend Yield | 1.37% | 1.04% |
| Holdings | 884 | 509 |
| YTD Return | +16.85%Best | +12.50% |
| 1Y Return | +19.52%Best | +17.58% |
| 3Y Return (annualized) | +20.73% | +21.27%Best |
| 5Y Return (annualized) | +13.03%Best | +12.95% |
| Volatility (annualized) | 15.6%Best | 16.1% |
| Max Drawdown | -35.2% | -34.3%Best |
| $10,000 over 5 years | $18,449Best | $18,384 |
| Top 10 Weight | 16.5%Best | 36.4% |
| Fund Family | PIMCO (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Aug 31, 2017 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 6, 2017 to Sep 11, 2026 (9 years).
MFUS 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 9 years both funds cover.
MFUS vs VOO Performance
PIMCO RAFI Dynamic Multi-Factor US Equity ETF (MFUS) is an ETF from PIMCO (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year MFUS returned +19.52% while VOO returned +17.58%. Year to date, MFUS is up 16.85% versus a gain of 12.50% for VOO.
Over three years, MFUS compounded at +20.73% per year against +21.27% for VOO; over five years the annualized figures are +13.03% and +12.95% respectively. Across the full 9-year window we track, VOO has the edge at +14.35% annualized vs +12.54%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 16.1% compared with 15.6% for MFUS. 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 -35.2% for MFUS and -34.3% 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
MFUS charges 0.29% per year while VOO charges 0.03%. On a $10,000 position that is $29 vs $3 annually, a gap of $26 per year that compounds over a long holding period. On income, MFUS currently yields 1.37% against 1.04% for VOO.
Holdings Overlap
75.4% of MFUS's money is in holdings VOO also owns. 67.4% of VOO's money is in holdings MFUS also owns.
Most of MFUS is already inside VOO. Owning both mostly buys the same companies twice.
336 positions in common, counted across the 794 positions we hold weights for in MFUS and 505 in VOO, against full books of 884 and 509.
What only one of them owns
Our book lists 164 positions for VOO that do not appear in our book for MFUS (32.2% of the fund), and 440 for MFUS that do not appear in VOO (20.1%).
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 MFUS | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 0.60% | 7.51% | 6.91% |
| AAPLApple, Inc | 1.22% | 6.59% | 5.37% |
| AVGOBroadcom Inc | 1.47% | 2.77% | 1.30% |
| INTCIntel Corp. | 2.83% | 1.02% | 1.81% |
| LLYEli Lilly & Co. | 1.50% | 1.47% | 0.03% |
| MUMicron Technology, Inc. | 0.71% | 2.02% | 1.31% |
| JNJJohnson & Johnson | 1.75% | 0.95% | 0.80% |
| WMTWalmart, Inc. | 1.72% | 0.77% | 0.95% |
| BRK.BBerkshire Hathaway B | 1.01% | 1.42% | 0.41% |
| METAMeta Platforms, Inc. | 0.19% | 1.92% | 1.73% |
75.4% of MFUS 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, MFUS or VOO?
MFUS has an expense ratio of 0.29% while VOO charges 0.03%. VOO is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, MFUS or VOO?
Over the past year MFUS returned +19.52% vs +17.58% for VOO, so MFUS leads on 1-year performance. Over the longest common window we track (9 years), MFUS annualized +12.54% vs +14.35% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MFUS or VOO?
VOO has been the more volatile fund at 16.1% annualized versus 15.6% for MFUS. Worst drawdown: MFUS -35.2% vs VOO -34.3%.
Should I hold both MFUS and VOO?
MFUS and VOO have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between MFUS and VOO?
75.4% of MFUS's money is in holdings VOO also owns. 67.4% of VOO's is in holdings MFUS also owns. They hold 336 positions in common, counted across the 794 positions we hold weights for in MFUS and 505 in VOO.
Which pays a higher dividend, MFUS or VOO?
MFUS yields 1.37% while VOO yields 1.04%, so MFUS currently pays the higher dividend yield.
Is VOO better than MFUS?
VOO has a lower expense ratio. MFUS led over 1Y and 5Y, VOO over 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. MFUS is less concentrated, with 16.5% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.