NMAY vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricNMAYVOOWinner
Expense Ratio0.79%0.03%
AUM$63M$979.0B
Dividend Yield0.00%1.09%
Holdings6509
YTD Return+6.52%+13.44%
1Y Return+10.66%+22.62%
3Y Return (annualized)-+21.47%
5Y Return (annualized)-+13.27%
Volatility (annualized)4.5%14.1%
Max Drawdown-3.8%-34.3%
Fund FamilyInnovator ETFs TrustVanguard (US)
CategoryAlternativeEquity
InceptionMay 1, 2025Sep 7, 2010

NMAY vs VOO Performance

Innovator Growth-100 Power Buffer ETF - May (NMAY) is a ETF from Innovator ETFs Trust and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year NMAY returned +10.66% while VOO returned +22.62%. Year to date, NMAY is up 6.52% versus a gain of 13.44% for VOO.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 4.5% for NMAY. 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 -3.8% for NMAY 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

NMAY 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, NMAY currently yields 0.00% against 1.09% for VOO.

Frequently Asked Questions

Which is cheaper, NMAY or VOO?

NMAY 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.

Which performed better, NMAY or VOO?

Over the past year NMAY returned +10.66% vs +22.62% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), NMAY annualized +15.17% vs +13.55% for VOO. Past performance does not guarantee future results.

Which is riskier, NMAY or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 4.5% for NMAY. Worst drawdown: NMAY -3.8% vs VOO -34.3%.

Should I hold both NMAY and VOO?

NMAY and VOO have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, NMAY or VOO?

NMAY yields 0.00% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.