MGOV vs VOO
First Trust Intermediate Government Opportunities ETF vs Vanguard S&P 500 ETF
Which is better, MGOV or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window.
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 | MGOV | VOO |
|---|---|---|
| Expense Ratio | 0.49% | 0.03%Best |
| AUM | $101M | $997.4B |
| Dividend Yield | 4.88% | 1.04% |
| Holdings | 206 | 509 |
| YTD Return | -1.04% | +12.50%Best |
| 1Y Return | -0.59% | +17.58%Best |
| 3Y Return (annualized) | +4.43% | +21.27%Best |
| 5Y Return (annualized) | - | +12.95% |
| Volatility (annualized) | 6.4%Best | 12.8% |
| Max Drawdown | -6.1%Best | -18.7% |
| $10,000 over 3.1 years | $11,337 | $17,694Best |
| Fund Family | First Trust Portfolios (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Blend |
| Inception | Aug 2, 2023 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Aug 3, 2023 to Sep 11, 2026 (3.1 years).
MGOV 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 3.1 years both funds cover.
MGOV vs VOO Performance
First Trust Intermediate Government Opportunities ETF (MGOV) is an ETF from First Trust Portfolios (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year MGOV returned -0.59% while VOO returned +17.58%. Year to date, MGOV is down 1.04% versus a gain of 12.50% for VOO.
Over three years, MGOV compounded at +4.43% per year against +21.27% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 6.4% for MGOV. 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 -6.1% for MGOV 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 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MGOV charges 0.49% per year while VOO charges 0.03%. On a $10,000 position that is $49 vs $3 annually, a gap of $46 per year that compounds over a long holding period. On income, MGOV currently yields 4.88% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 74 holdings in MGOV and 505 in VOO, totalling 48.1% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 74 positions we hold weights for in MGOV and 505 in VOO, against full books of 206 and 509.
You are not choosing between two funds in isolation.
Whichever of MGOV and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MGOV or VOO?
MGOV has an expense ratio of 0.49% while VOO charges 0.03%. VOO is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, MGOV or VOO?
Over the past year MGOV returned -0.59% vs +17.58% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MGOV or VOO?
VOO has been the more volatile fund at 12.8% annualized versus 6.4% for MGOV. Worst drawdown: MGOV -6.1% vs VOO -18.7%.
Should I hold both MGOV and VOO?
MGOV and VOO have a monthly-return correlation of 0.52, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MGOV or VOO?
MGOV yields 4.88% while VOO yields 1.04%, so MGOV currently pays the higher dividend yield.
Is VOO better than MGOV?
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.