OAKL vs VOO
Oakmark US Concentrated ETF vs Vanguard S&P 500 ETF
Which is better, OAKL or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. VOO is less concentrated, with 39.1% of the fund in its ten largest positions against 57.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | OAKL | VOO |
|---|---|---|
| Expense Ratio | 0.59% | 0.03%Best |
| AUM | $334M | $1.0T |
| Dividend Yield | 0.00% | 1.05% |
| Holdings | 27 | 519 |
| YTD Return | +6.77% | +8.52%Best |
| 1Y Return | - | +10.96% |
| 3Y Return (annualized) | - | +20.51% |
| 5Y Return (annualized) | - | +10.97% |
| Top 10 Weight | 57.0% | 39.1%Best |
| Fund Family | Oakmark Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 5, 2026 | Sep 7, 2010 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
OAKL vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
OAKL vs VOO Performance
Oakmark US Concentrated ETF (OAKL) is an ETF from Oakmark Funds and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Year to date, OAKL is up 6.77% versus a gain of 8.52% for VOO.
Past performance does not guarantee future results.
Fees and Cost Over Time
OAKL charges 0.59% per year while VOO charges 0.03%. On a $10,000 position that is $59 vs $3 annually, a gap of $56 per year that compounds over a long holding period. On income, OAKL currently yields 0.00% against 1.05% for VOO.
Holdings Overlap
70.6% of OAKL's money is in holdings VOO also owns. 9.7% of VOO's money is in holdings OAKL also owns.
Most of OAKL is already inside VOO. Owning both mostly buys the same companies twice.
19 positions in common, counted across the 27 positions we hold weights for in OAKL and 506 in VOO, against full books of 27 and 519.
What only one of them owns
Measured across the 27 and 506 positions we hold weights for.
VOO holds 482 positions OAKL does not, 90.3% of the fund.
Largest: NVDA 8.39%, AAPL 7.38%, MSFT 5.78%, AMZN 3.71%, AVGO 2.54%
Top Shared Holdings
| Stock | Weight in OAKL | Weight in VOO | Difference |
|---|---|---|---|
| CRMSalesforce Inc Crm Us Equity | 7.85% | 0.29% | 7.56% |
| IQVIqvia Holdings Inc. | 6.53% | 0.07% | 6.46% |
| KDPKeurig Dr Pepper Inc (kdp Us) | 5.66% | 0.06% | 5.60% |
| METAMeta Platforms Inc | 3.03% | 2.43% | 0.60% |
| ABNBAirbnb Inc | 4.98% | 0.10% | 4.88% |
| GOOGAlphabet Inc. C | 2.58% | 2.45% | 0.13% |
| ICEInterContinental Hotels Group PLC Ord Gbp0.208521303 | 4.65% | 0.13% | 4.52% |
| CRLCharles River Laboratories International Inc | 4.72% | 0.02% | 4.70% |
| MMCMarsh & Mclennan Cos Inc Common Stock Usd 1 | 4.47% | 0.12% | 4.35% |
| COFCapital One Financial Corp. | 4.06% | 0.18% | 3.88% |
70.6% of OAKL is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, OAKL or VOO?
OAKL has an expense ratio of 0.59% while VOO charges 0.03%. VOO is the cheaper option, by $56 a year on a $10,000 investment.
What is the holdings overlap between OAKL and VOO?
70.6% of OAKL's money is in holdings VOO also owns. 9.7% of VOO's is in holdings OAKL also owns. They hold 19 positions in common, counted across the 27 positions we hold weights for in OAKL and 506 in VOO.
Which pays a higher dividend, OAKL or VOO?
OAKL yields 0.00% while VOO yields 1.05%, so VOO currently pays the higher dividend yield.
Is VOO better than OAKL?
VOO has a lower expense ratio. VOO is less concentrated, with 39.1% of the fund in its ten largest positions against 57.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.