MRNY vs VOO
YieldMax MRNA Option Income Strategy ETF vs Vanguard S&P 500 ETF
Which is better, MRNY or VOO?
Multi Alternative against Large Cap Blend.
VOO has a lower expense ratio. MRNY led over 1Y, 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 | MRNY | VOO |
|---|---|---|
| Expense Ratio | 1.00% | 0.03%Best |
| AUM | $140M | $997.4B |
| Dividend Yield | 45.54% | 1.04% |
| Holdings | 16 | 509 |
| YTD Return | +255.51%Best | +11.55% |
| 1Y Return | +307.13%Best | +17.54% |
| 3Y Return (annualized) | +5.10% | +20.71%Best |
| 5Y Return (annualized) | - | +12.80% |
| Volatility (annualized) | 98.8% | 12.5%Best |
| Max Drawdown | -82.2% | -18.7%Best |
| $10,000 over 2.9 years | $11,552 | $18,626Best |
| Fund Family | YieldMax ETF | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Oct 23, 2023 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Oct 24, 2023 to Sep 10, 2026 (2.9 years).
MRNY 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 2.9 years both funds cover.
MRNY vs VOO Performance
YieldMax MRNA Option Income Strategy ETF (MRNY) is an ETF from YieldMax ETF and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year MRNY returned +307.13% while VOO returned +17.54%. Year to date, MRNY is up 255.51% versus a gain of 11.55% for VOO.
Over three years, MRNY compounded at +5.10% per year against +20.71% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MRNY has been the more volatile fund, with annualized monthly volatility of 98.8% compared with 12.5% 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 -82.2% for MRNY 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 0.01. They move largely independently of each other.
Fees and Cost Over Time
MRNY charges 1.00% per year while VOO charges 0.03%. On a $10,000 position that is $100 vs $3 annually, a gap of $97 per year that compounds over a long holding period. On income, MRNY currently yields 45.54% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 1 holding in MRNY and 505 in VOO, totalling 6.1% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 63 days apart, MRNY as of Sep 1, 2026 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 1 positions we hold weights for in MRNY and 505 in VOO, against full books of 16 and 509.
You are not choosing between two funds in isolation.
Whichever of MRNY 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, MRNY or VOO?
MRNY has an expense ratio of 1.00% while VOO charges 0.03%. VOO is the cheaper option, by $97 a year on a $10,000 investment.
Which performed better, MRNY or VOO?
Over the past year MRNY returned +307.13% vs +17.54% for VOO, so MRNY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MRNY or VOO?
MRNY has been the more volatile fund at 98.8% annualized versus 12.5% for VOO. Worst drawdown: MRNY -82.2% vs VOO -18.7%.
Should I hold both MRNY and VOO?
MRNY and VOO have a monthly-return correlation of 0.01, 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, MRNY or VOO?
MRNY yields 45.54% while VOO yields 1.04%, so MRNY currently pays the higher dividend yield.
Is VOO better than MRNY?
VOO has a lower expense ratio. MRNY led over 1Y, 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.