NITE vs VOO

NITE vs VOO
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Quick Verdict

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

Lower Fees: VOOHigher Returns: NITEMore Diversified: VOO

Side-by-Side Comparison

MetricNITEVOOWinner
Expense Ratio1.25%0.03%
AUM$33M$997.4B
Dividend Yield0.00%1.08%
Holdings22509
YTD Return+8.29%+13.20%
1Y Return+23.48%+21.62%
3Y Return (annualized)-+22.16%
5Y Return (annualized)-+13.42%
Volatility (annualized)20.1%14.1%
Max Drawdown-29.6%-34.3%
Fund FamilyNightview CapitalVanguard (US)
CategoryEquityEquity
InceptionJun 21, 2024Sep 7, 2010

NITE vs VOO Performance

The Nightview Fund ETF (NITE) is a ETF from Nightview Capital and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year NITE returned +23.48% while VOO returned +21.62%. Year to date, NITE is up 8.29% versus a gain of 13.20% for VOO.

Risk: Volatility and Drawdowns

NITE has been the more volatile fund, with annualized monthly volatility of 20.1% 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 -29.6% for NITE 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 0.79. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

NITE charges 1.25% per year while VOO charges 0.03%. On a $10,000 position that is $125 vs $3 annually, a gap of $122 per year that compounds over a long holding period. On income, NITE currently yields 0.00% against 1.08% for VOO.

Holdings Overlap

17.1%overlap

NITE and VOO share 17 holdings out of 508 unique holdings combined, representing a 17.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in NITEWeight in VOODifference
NVDA9.01%7.51%1.50%
TSLA10.56%1.84%8.72%
AMZN8.12%3.62%4.50%
AMDProProPro
AXONProProPro
SCHWProProPro
GSProProPro
MSProProPro
MGMProProPro
BLKProProPro
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Frequently Asked Questions

Which is cheaper, NITE or VOO?

NITE has an expense ratio of 1.25% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $122 per year of difference.

Which performed better, NITE or VOO?

Over the past year NITE returned +23.48% vs +21.62% for VOO, so NITE leads on 1-year performance. Over the longest common window we track (2 years), NITE annualized +24.59% vs +13.51% for VOO. Past performance does not guarantee future results.

Which is riskier, NITE or VOO?

NITE has been the more volatile fund at 20.1% annualized versus 14.1% for VOO. Worst drawdown: NITE -29.6% vs VOO -34.3%.

Should I hold both NITE and VOO?

NITE and VOO have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between NITE and VOO?

NITE and VOO share 17 common holdings with a 17.1% weight overlap. Combined, they hold 508 unique securities.

Which pays a higher dividend, NITE or VOO?

NITE yields 0.00% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.

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