NBFR vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: TiedMore Diversified: VOO

Side-by-Side Comparison

MetricNBFRVOOWinner
Expense Ratio0.79%0.03%
AUM$14M$979.0B
Dividend Yield0.02%1.09%
Holdings39509
YTD Return+5.16%+13.44%
1Y Return-+22.62%
3Y Return (annualized)-+21.47%
5Y Return (annualized)-+13.27%
Volatility (annualized)-14.1%
Max Drawdown-8.5%-34.3%
Fund FamilyInnovator ETFs TrustVanguard (US)
CategoryAlternativeEquity
InceptionFeb 24, 2026Sep 7, 2010

NBFR vs VOO Performance

Innovator Nasdaq-100 Managed 10 Buffer ETF (NBFR) is a ETF from Innovator ETFs Trust and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Year to date, NBFR is up 5.16% versus a gain of 13.44% for VOO.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -8.5% for NBFR and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

NBFR charges 0.79% per year while VOO charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, NBFR currently yields 0.02% against 1.09% for VOO.

Holdings Overlap

42.3%overlap

NBFR and VOO share 35 holdings out of 509 unique holdings combined, representing a 42.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in NBFRWeight in VOODifference
NVDA10.20%7.51%2.69%
AAPL8.26%6.59%1.67%
MSFT6.62%4.30%2.32%
AMZNProProPro
GOOGLProProPro
MUProProPro
AVGOProProPro
GOOGProProPro
TSLAProProPro
METAProProPro
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Frequently Asked Questions

Which is cheaper, NBFR or VOO?

NBFR has an expense ratio of 0.79% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $76 per year of difference.

What is the holdings overlap between NBFR and VOO?

NBFR and VOO share 35 common holdings with a 42.3% weight overlap. Combined, they hold 509 unique securities.

Which pays a higher dividend, NBFR or VOO?

NBFR yields 0.02% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.

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