OEI vs VOO
Optimized Equity Income ETF vs Vanguard S&P 500 ETF
Which is better, OEI or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y. The two have moved almost in lockstep, correlation 0.91. OEI is less concentrated, with 37.0% of the fund in its ten largest positions against 37.6%.
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 | OEI | VOO |
|---|---|---|
| Expense Ratio | 1.02% | 0.03%Best |
| AUM | $51M | $1.0T |
| Dividend Yield | 7.31% | 1.04% |
| Holdings | 99 | 506 |
| YTD Return | +9.65% | +13.59%Best |
| 1Y Return | +14.13% | +16.33%Best |
| 3Y Return (annualized) | - | +23.81% |
| 5Y Return (annualized) | - | +14.02% |
| Volatility (annualized) | 7.3%Best | 13.2% |
| Top 10 Weight | 37.0%Best | 37.6% |
| Fund Family | Core Alternative Capital | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 22, 2025 | Sep 7, 2010 |
Not shown on this pair: Max Drawdown, $10,000 over the window.
OEI 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.
OEI vs VOO Performance
Optimized Equity Income ETF (OEI) is an ETF from Core Alternative Capital and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year OEI returned +14.13% while VOO returned +16.33%. Year to date, OEI is up 9.65% versus a gain of 13.59% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 13.2% compared with 7.3% for OEI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
OEI charges 1.02% per year while VOO charges 0.03%. On a $10,000 position that is $102 vs $3 annually, a gap of $99 per year that compounds over a long holding period. On income, OEI currently yields 7.31% against 1.04% for VOO.
Holdings Overlap
95.7% of OEI's money is in holdings VOO also owns. 69.1% of VOO's money is in holdings OEI also owns.
Most of OEI is already inside VOO. Owning both mostly buys the same companies twice.
80 positions in common, counted across the 82 positions we hold weights for in OEI and 494 in VOO, against full books of 99 and 506.
What only one of them owns
Our book lists 407 positions for VOO that do not appear in our book for OEI (30.0% of the fund), and 2 for OEI that do not appear in VOO (0.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in OEI | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.22% | 7.55% | 0.67% |
| AAPLApple, Inc | 4.46% | 7.05% | 2.59% |
| MSFTMicrosoft Corp | 4.25% | 5.36% | 1.11% |
| AMZNAmazon.Com Inc | 4.12% | 4.13% | 0.01% |
| GOOGLAlphabet Inc,class A | 3.30% | 3.24% | 0.06% |
| AVGOBroadcom Inc | 2.60% | 2.86% | 0.26% |
| GOOGAlphabet Inc. C | 2.61% | 2.62% | 0.01% |
| METAMeta Platforms Inc | 2.51% | 1.90% | 0.61% |
| MUMicron Technology, Inc. | 2.79% | 1.44% | 1.35% |
| XOMExxon Mobil Corp. | 2.12% | 1.00% | 1.12% |
95.7% of OEI 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, OEI or VOO?
OEI has an expense ratio of 1.02% while VOO charges 0.03%. VOO is the cheaper option, by $99 a year on a $10,000 investment.
Which performed better, OEI or VOO?
Over the past year OEI returned +14.13% vs +16.33% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OEI or VOO?
VOO has been the more volatile fund at 13.2% annualized versus 7.3% for OEI.
Should I hold both OEI and VOO?
OEI and VOO have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between OEI and VOO?
95.7% of OEI's money is in holdings VOO also owns. 69.1% of VOO's is in holdings OEI also owns. They hold 80 positions in common, counted across the 82 positions we hold weights for in OEI and 494 in VOO.
Which pays a higher dividend, OEI or VOO?
OEI yields 7.31% while VOO yields 1.04%, so OEI currently pays the higher dividend yield.
Is VOO better than OEI?
VOO has a lower expense ratio. VOO led over 1Y. The two have moved almost in lockstep, correlation 0.91. OEI is less concentrated, with 37.0% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.