NVBT 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

MetricNVBTVOOWinner
Expense Ratio0.74%0.03%
AUM$30M$979.0B
Dividend Yield0.00%1.09%
Holdings5509
YTD Return+10.02%+13.44%
1Y Return+15.71%+22.62%
3Y Return (annualized)+12.20%+21.47%
5Y Return (annualized)-+13.27%
Volatility (annualized)8.8%14.1%
Max Drawdown-12.9%-34.3%
Fund FamilyAllianzIMVanguard (US)
CategoryAlternativeEquity
InceptionOct 31, 2022Sep 7, 2010

NVBT vs VOO Performance

AllianzIM US Equity Buffer10 Nov ETF (NVBT) is a ETF from AllianzIM and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year NVBT returned +15.71% while VOO returned +22.62%. Year to date, NVBT is up 10.02% versus a gain of 13.44% for VOO.

Over three years, NVBT compounded at +12.20% per year against +21.47% for VOO. Across the full 4-year window we track, NVBT has the edge at +13.66% annualized vs +13.55%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 8.8% for NVBT. 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 -12.9% for NVBT 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 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

NVBT charges 0.74% per year while VOO charges 0.03%. On a $10,000 position that is $74 vs $3 annually, a gap of $71 per year that compounds over a long holding period. On income, NVBT currently yields 0.00% against 1.09% for VOO.

Frequently Asked Questions

Which is cheaper, NVBT or VOO?

NVBT has an expense ratio of 0.74% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $71 per year of difference.

Which performed better, NVBT or VOO?

Over the past year NVBT returned +15.71% vs +22.62% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), NVBT annualized +13.66% vs +13.55% for VOO. Past performance does not guarantee future results.

Which is riskier, NVBT or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 8.8% for NVBT. Worst drawdown: NVBT -12.9% vs VOO -34.3%.

Should I hold both NVBT and VOO?

NVBT and VOO have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

Which pays a higher dividend, NVBT or VOO?

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

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