NVOX vs VOO
Defiance Daily Target 2X Long NVO ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | NVOX | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.30% | 0.03% | |
| AUM | $44M | $979.0B | |
| Dividend Yield | 0.00% | 1.09% | |
| Holdings | 10 | 509 | |
| YTD Return | -36.82% | +14.48% | |
| 1Y Return | -39.77% | +22.02% | |
| 3Y Return (annualized) | - | +21.80% | |
| 5Y Return (annualized) | - | +13.36% | |
| Volatility (annualized) | 94.3% | 14.2% | |
| Max Drawdown | -94.5% | -34.3% | |
| Fund Family | Defiance ETFs, LLC | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Dec 2, 2024 | Sep 7, 2010 |
NVOX vs VOO Performance
Defiance Daily Target 2X Long NVO ETF (NVOX) is a ETF from Defiance ETFs, LLC and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year NVOX returned -39.77% while VOO returned +22.02%. Year to date, NVOX is down 36.82% versus a gain of 14.48% for VOO.
Risk: Volatility and Drawdowns
NVOX has been the more volatile fund, with annualized monthly volatility of 94.3% compared with 14.2% 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 -94.5% for NVOX 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 0.36. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NVOX charges 1.30% per year while VOO charges 0.03%. On a $10,000 position that is $130 vs $3 annually, a gap of $127 per year that compounds over a long holding period. On income, NVOX currently yields 0.00% against 1.09% for VOO.
Holdings Overlap
NVOX and VOO share 0 holdings out of 507 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, NVOX or VOO?
NVOX has an expense ratio of 1.30% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $127 per year of difference.
Which performed better, NVOX or VOO?
Over the past year NVOX returned -39.77% vs +22.02% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), NVOX annualized -75.83% vs +13.61% for VOO. Past performance does not guarantee future results.
Which is riskier, NVOX or VOO?
NVOX has been the more volatile fund at 94.3% annualized versus 14.2% for VOO. Worst drawdown: NVOX -94.5% vs VOO -34.3%.
Should I hold both NVOX and VOO?
NVOX and VOO have a monthly-return correlation of 0.36, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NVOX and VOO?
NVOX and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, NVOX or VOO?
NVOX yields 0.00% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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