PEO vs VOO
Adams Natural Resources Fund vs Vanguard S&P 500 ETF
Which is better, PEO or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. PEO led over 1Y and 5Y, VOO over 3Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 66.4%.
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 | PEO | VOO |
|---|---|---|
| Expense Ratio | 0.58% | 0.03%Best |
| AUM | $740M | $997.4B |
| Dividend Yield | 11.18% | 1.04% |
| Holdings | 53 | 509 |
| YTD Return | +27.40%Best | +13.31% |
| 1Y Return | +28.81%Best | +17.07% |
| 3Y Return (annualized) | +14.52% | +22.72%Best |
| 5Y Return (annualized) | +20.82%Best | +13.19% |
| Volatility (annualized) | 23.9% | 14.1%Best |
| Max Drawdown | -70.9% | -34.3%Best |
| $10,000 over 5 years | $25,745Best | $18,580 |
| Top 10 Weight | 66.4% | 37.6%Best |
| Fund Family | Adams Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jan 30, 1929 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 23, 2026 (16 years).
PEO 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 16 years both funds cover.
PEO vs VOO Performance
Adams Natural Resources Fund (PEO) is an ETF from Adams Funds and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year PEO returned +28.81% while VOO returned +17.07%. Year to date, PEO is up 27.40% versus a gain of 13.31% for VOO.
Over three years, PEO compounded at +14.52% per year against +22.72% for VOO; over five years the annualized figures are +20.82% and +13.19% respectively. Across the full 16-year window we track, VOO has the edge at +13.43% annualized vs +8.56%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PEO has been the more volatile fund, with annualized monthly volatility of 23.9% compared with 14.1% 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 -70.9% for PEO and -34.3% 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 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PEO charges 0.58% per year while VOO charges 0.03%. On a $10,000 position that is $58 vs $3 annually, a gap of $55 per year that compounds over a long holding period. On income, PEO currently yields 11.18% against 1.04% for VOO.
Holdings Overlap
95.7% of PEO's money is in holdings VOO also owns. 4.9% of VOO's money is in holdings PEO also owns.
Most of PEO is already inside VOO. Owning both mostly buys the same companies twice.
44 positions in common, counted across the 53 positions we hold weights for in PEO and 494 in VOO, against full books of 53 and 509.
What only one of them owns
Our book lists 444 positions for VOO that do not appear in our book for PEO (94.3% of the fund), and 3 for PEO that do not appear in VOO (0.9%).
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 PEO | Weight in VOO | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp. | 23.93% | 1.00% | 22.93% |
| CVXChevron Corp | 12.64% | 0.57% | 12.07% |
| COPConocophillips Common Stock USD 0.01 | 6.01% | 0.23% | 5.78% |
| WMBWilliams Cos. Inc. | 4.11% | 0.14% | 3.97% |
| VLOValero Energy | 3.85% | 0.14% | 3.71% |
| LINLinde Plc Ordinary Shares | 3.62% | 0.34% | 3.28% |
| SLBSchlumberger Nv. | 3.31% | 0.12% | 3.19% |
| TRGPTarga Resources Corp Preferred | 3.19% | 0.09% | 3.10% |
| PSXPhillips 66 | 3.11% | 0.13% | 2.98% |
| MPCMarathon Petroleum Corp | 2.66% | 0.14% | 2.52% |
95.7% of PEO 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, PEO or VOO?
PEO has an expense ratio of 0.58% while VOO charges 0.03%. VOO is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, PEO or VOO?
Over the past year PEO returned +28.81% vs +17.07% for VOO, so PEO leads on 1-year performance. Over the longest common window we track (16 years), PEO annualized +8.56% vs +13.43% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PEO or VOO?
PEO has been the more volatile fund at 23.9% annualized versus 14.1% for VOO. Worst drawdown: PEO -70.9% vs VOO -34.3%.
Should I hold both PEO and VOO?
PEO and VOO have a monthly-return correlation of 0.65, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between PEO and VOO?
95.7% of PEO's money is in holdings VOO also owns. 4.9% of VOO's is in holdings PEO also owns. They hold 44 positions in common, counted across the 53 positions we hold weights for in PEO and 494 in VOO.
Which pays a higher dividend, PEO or VOO?
PEO yields 11.18% while VOO yields 1.04%, so PEO currently pays the higher dividend yield.
Is VOO better than PEO?
VOO has a lower expense ratio. PEO led over 1Y and 5Y, VOO over 3Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 66.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.