MRAL vs VOO
GraniteShares 2x Long MARA Daily ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | MRAL | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.50% | 0.03% | |
| AUM | $45M | $979.0B | |
| Dividend Yield | 0.00% | 1.09% | |
| Holdings | 2 | 509 | |
| YTD Return | -50.20% | +14.48% | |
| 1Y Return | -85.45% | +22.02% | |
| 3Y Return (annualized) | - | +21.80% | |
| 5Y Return (annualized) | - | +13.36% | |
| Volatility (annualized) | 132.7% | 14.2% | |
| Max Drawdown | -93.5% | -34.3% | |
| Fund Family | GraniteShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Mar 7, 2025 | Sep 7, 2010 |
MRAL vs VOO Performance
GraniteShares 2x Long MARA Daily ETF (MRAL) is a ETF from GraniteShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year MRAL returned -85.45% while VOO returned +22.02%. Year to date, MRAL is down 50.20% versus a gain of 14.48% for VOO.
Risk: Volatility and Drawdowns
MRAL has been the more volatile fund, with annualized monthly volatility of 132.7% compared with 14.2% 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 -93.5% for MRAL 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MRAL charges 1.50% per year while VOO charges 0.03%. On a $10,000 position that is $150 vs $3 annually, a gap of $147 per year that compounds over a long holding period. On income, MRAL currently yields 0.00% against 1.09% for VOO.
Holdings Overlap
MRAL and VOO share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MRAL or VOO?
MRAL has an expense ratio of 1.50% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $147 per year of difference.
Which performed better, MRAL or VOO?
Over the past year MRAL returned -85.45% vs +22.02% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), MRAL annualized -80.31% vs +13.61% for VOO. Past performance does not guarantee future results.
Which is riskier, MRAL or VOO?
MRAL has been the more volatile fund at 132.7% annualized versus 14.2% for VOO. Worst drawdown: MRAL -93.5% vs VOO -34.3%.
Should I hold both MRAL and VOO?
MRAL and VOO have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MRAL and VOO?
MRAL and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, MRAL or VOO?
MRAL yields 0.00% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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