MYY vs VOO

MYY vs VOO
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Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricMYYVOOWinner
Expense Ratio0.95%0.03%
AUM$3M$997.4B
Dividend Yield4.28%1.08%
Holdings6509
YTD Return-11.35%+12.68%
1Y Return-15.02%+21.87%
3Y Return (annualized)-10.34%+22.06%
5Y Return (annualized)-6.48%+12.95%
Volatility (annualized)18.0%14.1%
Max Drawdown-96.0%-34.3%
Fund FamilyProSharesVanguard (US)
CategoryAlternativeEquity
InceptionJun 19, 2006Sep 7, 2010

MYY vs VOO Performance

ProShares Short MidCap400 (MYY) is a ETF from ProShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year MYY returned -15.02% while VOO returned +21.87%. Year to date, MYY is down 11.35% versus a gain of 12.68% for VOO.

Over three years, MYY compounded at -10.34% per year against +22.06% for VOO; over five years the annualized figures are -6.48% and +12.95% respectively. Across the full 16-year window we track, VOO has the edge at +13.47% annualized vs -12.79%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

MYY has been the more volatile fund, with annualized monthly volatility of 18.0% 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 -96.0% for MYY 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 -0.90. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

MYY charges 0.95% per year while VOO charges 0.03%. On a $10,000 position that is $95 vs $3 annually, a gap of $92 per year that compounds over a long holding period. On income, MYY currently yields 4.28% against 1.08% for VOO.

Frequently Asked Questions

Which is cheaper, MYY or VOO?

MYY has an expense ratio of 0.95% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $92 per year of difference.

Which performed better, MYY or VOO?

Over the past year MYY returned -15.02% vs +21.87% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), MYY annualized -12.79% vs +13.47% for VOO. Past performance does not guarantee future results.

Which is riskier, MYY or VOO?

MYY has been the more volatile fund at 18.0% annualized versus 14.1% for VOO. Worst drawdown: MYY -96.0% vs VOO -34.3%.

Should I hold both MYY and VOO?

MYY and VOO have a monthly-return correlation of -0.90, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, MYY or VOO?

MYY yields 4.28% while VOO yields 1.08%, so MYY currently pays the higher dividend yield.

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