MVLL vs VOO
GraniteShares 2x Long MRVL Daily ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. MVLL delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | MVLL | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.50% | 0.03% | |
| AUM | $224M | $979.0B | |
| Dividend Yield | 0.00% | 1.09% | |
| Holdings | 2 | 509 | |
| YTD Return | +251.70% | +14.48% | |
| 1Y Return | +258.69% | +22.02% | |
| 3Y Return (annualized) | - | +21.80% | |
| 5Y Return (annualized) | - | +13.36% | |
| Volatility (annualized) | 187.3% | 14.2% | |
| Max Drawdown | -78.9% | -34.3% | |
| Fund Family | GraniteShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Mar 3, 2025 | Sep 7, 2010 |
MVLL vs VOO Performance
GraniteShares 2x Long MRVL Daily ETF (MVLL) is a ETF from GraniteShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year MVLL returned +258.69% while VOO returned +22.02%. Year to date, MVLL is up 251.70% versus a gain of 14.48% for VOO.
Risk: Volatility and Drawdowns
MVLL has been the more volatile fund, with annualized monthly volatility of 187.3% 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 -78.9% for MVLL 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 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MVLL 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, MVLL currently yields 0.00% against 1.09% for VOO.
Holdings Overlap
MVLL and VOO share 1 holdings out of 505 unique holdings combined, representing a 0.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in MVLL | Weight in VOO | Difference |
|---|---|---|---|
| MRVL | 66.67% | 0.40% | 66.27% |
Frequently Asked Questions
Which is cheaper, MVLL or VOO?
MVLL 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, MVLL or VOO?
Over the past year MVLL returned +258.69% vs +22.02% for VOO, so MVLL leads on 1-year performance. Over the longest common window we track (1 years), MVLL annualized +138.54% vs +13.61% for VOO. Past performance does not guarantee future results.
Which is riskier, MVLL or VOO?
MVLL has been the more volatile fund at 187.3% annualized versus 14.2% for VOO. Worst drawdown: MVLL -78.9% vs VOO -34.3%.
Should I hold both MVLL and VOO?
MVLL and VOO have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MVLL and VOO?
MVLL and VOO share 1 common holdings with a 0.4% weight overlap. Combined, they hold 505 unique securities.
Which pays a higher dividend, MVLL or VOO?
MVLL yields 0.00% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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