PDO vs VOO
PIMCO Dynamic Income Opportunities Fund vs Vanguard S&P 500 ETF
Which is better, PDO or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window.
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 | PDO | VOO |
|---|---|---|
| Expense Ratio | 5.22% | 0.03%Best |
| AUM | $1.9B | $997.4B |
| Dividend Yield | 12.02% | 1.08% |
| Holdings | 635 | 509 |
| YTD Return | -0.52% | +13.37%Best |
| 1Y Return | +2.74% | +20.08%Best |
| 3Y Return (annualized) | +12.07% | +21.29%Best |
| 5Y Return (annualized) | +2.14% | +12.89%Best |
| Volatility (annualized) | 17.2% | 15.1%Best |
| Max Drawdown | -36.8% | -24.5%Best |
| $10,000 over 5 years | $11,117 | $18,335Best |
| Fund Family | PIMCO (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Blend |
| Inception | Jan 29, 2021 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 27, 2021 to Sep 4, 2026 (5.6 years).
PDO 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 covers the 5.6 years both funds cover.
PDO vs VOO Performance
PIMCO Dynamic Income Opportunities Fund (PDO) is an ETF from PIMCO (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year PDO returned +2.74% while VOO returned +20.08%. Year to date, PDO is down 0.52% versus a gain of 13.37% for VOO.
Over three years, PDO compounded at +12.07% per year against +21.29% for VOO; over five years the annualized figures are +2.14% and +12.89% respectively. Across the full 6-year window we track, VOO has the edge at +15.33% annualized vs +3.80%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PDO has been the more volatile fund, with annualized monthly volatility of 17.2% compared with 15.1% 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 -36.8% for PDO and -24.5% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PDO charges 5.22% per year while VOO charges 0.03%. On a $10,000 position that is $522 vs $3 annually, a gap of $519 per year that compounds over a long holding period. On income, PDO currently yields 12.02% against 1.08% for VOO.
Holdings Overlap
We hold position weights for 17 holdings in PDO and 505 in VOO, totalling 9.4% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 273 days apart, PDO as of Sep 30, 2025 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 17 positions we hold weights for in PDO and 505 in VOO, against full books of 635 and 509.
You are not choosing between two funds in isolation.
Whichever of PDO and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PDO or VOO?
PDO has an expense ratio of 5.22% while VOO charges 0.03%. VOO is the cheaper option, by $519 a year on a $10,000 investment.
Which performed better, PDO or VOO?
Over the past year PDO returned +2.74% vs +20.08% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (6 years), PDO annualized +3.80% vs +15.33% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PDO or VOO?
PDO has been the more volatile fund at 17.2% annualized versus 15.1% for VOO. Worst drawdown: PDO -36.8% vs VOO -24.5%.
Should I hold both PDO and VOO?
PDO and VOO have a monthly-return correlation of 0.64, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, PDO or VOO?
PDO yields 12.02% while VOO yields 1.08%, so PDO currently pays the higher dividend yield.
Is VOO better than PDO?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.