MLPA vs VOO
Global X MLP ETF vs Vanguard S&P 500 ETF
Which is better, MLPA or VOO?
Each has led over a different period.
VOO has a lower expense ratio. MLPA led over 1Y and 5Y, VOO over 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 | MLPA | VOO |
|---|---|---|
| Expense Ratio | 0.77% | 0.03%Best |
| AUM | $2.4B | $997.4B |
| Dividend Yield | 7.04% | 1.04% |
| Holdings | 22 | 509 |
| YTD Return | +24.78%Best | +11.55% |
| 1Y Return | +26.55%Best | +17.54% |
| 3Y Return (annualized) | +18.23% | +20.71%Best |
| 5Y Return (annualized) | +19.67%Best | +12.80% |
| Volatility (annualized) | 26.3% | 14.1%Best |
| Max Drawdown | -86.2% | -34.3%Best |
| $10,000 over 5 years | $24,543Best | $18,262 |
| Fund Family | Global X by mirae Asset | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 18, 2012 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 19, 2012 to Sep 10, 2026 (14.4 years).
MLPA 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 14.4 years both funds cover.
MLPA vs VOO Performance
Global X MLP ETF (MLPA) is an ETF from Global X by mirae Asset and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year MLPA returned +26.55% while VOO returned +17.54%. Year to date, MLPA is up 24.78% versus a gain of 11.55% for VOO.
Over three years, MLPA compounded at +18.23% per year against +20.71% for VOO; over five years the annualized figures are +19.67% and +12.80% respectively. Across the full 14-year window we track, VOO has the edge at +13.23% annualized vs -0.22%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MLPA has been the more volatile fund, with annualized monthly volatility of 26.3% 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 -86.2% for MLPA 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 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MLPA charges 0.77% per year while VOO charges 0.03%. On a $10,000 position that is $77 vs $3 annually, a gap of $74 per year that compounds over a long holding period. On income, MLPA currently yields 7.04% against 1.04% for VOO.
Holdings Overlap
At least 0.1% of VOO's money is in holdings MLPA also owns.
Only one direction is shown: for MLPA, our book for it lists positions totalling 109.1% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 20 positions we hold weights for in MLPA and 505 in VOO, against full books of 22 and 509.
Top Shared Holdings
| Stock | Weight in MLPA | Weight in VOO | Difference |
|---|---|---|---|
| OKEOneok Inc. | 0.00% | 0.08% | 0.08% |
You are not choosing between two funds in isolation.
Whichever of MLPA 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, MLPA or VOO?
MLPA has an expense ratio of 0.77% while VOO charges 0.03%. VOO is the cheaper option, by $74 a year on a $10,000 investment.
Which performed better, MLPA or VOO?
Over the past year MLPA returned +26.55% vs +17.54% for VOO, so MLPA leads on 1-year performance. Over the longest common window we track (14 years), MLPA annualized -0.22% vs +13.23% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MLPA or VOO?
MLPA has been the more volatile fund at 26.3% annualized versus 14.1% for VOO. Worst drawdown: MLPA -86.2% vs VOO -34.3%.
Should I hold both MLPA and VOO?
MLPA and VOO have a monthly-return correlation of 0.59, 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, MLPA or VOO?
MLPA yields 7.04% while VOO yields 1.04%, so MLPA currently pays the higher dividend yield.
Is VOO better than MLPA?
VOO has a lower expense ratio. MLPA led over 1Y and 5Y, VOO over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.