PEZ vs VOO
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF vs Vanguard S&P 500 ETF
Which is better, PEZ or VOO?
Mid Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 41.2%.
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 | PEZ | VOO |
|---|---|---|
| Expense Ratio | 0.60% | 0.03%Best |
| AUM | $22M | $997.4B |
| Dividend Yield | 0.24% | 1.04% |
| Holdings | 47 | 509 |
| YTD Return | -9.83% | +14.14%Best |
| 1Y Return | -6.60% | +17.31%Best |
| 3Y Return (annualized) | +13.67% | +23.16%Best |
| 5Y Return (annualized) | +1.44% | +13.85%Best |
| Volatility (annualized) | 21.4% | 14.1%Best |
| Max Drawdown | -52.1% | -34.3%Best |
| $10,000 over 5 years | $10,741 | $19,128Best |
| Top 10 Weight | 41.2% | 37.6%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Oct 12, 2006 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 21, 2026 (16 years).
PEZ 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.
PEZ vs VOO Performance
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ) is an ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year PEZ returned -6.60% while VOO returned +17.31%. Year to date, PEZ is down 9.83% versus a gain of 14.14% for VOO.
Over three years, PEZ compounded at +13.67% per year against +23.16% for VOO; over five years the annualized figures are +1.44% and +13.85% respectively. Across the full 16-year window we track, VOO has the edge at +13.49% annualized vs +9.95%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PEZ has been the more volatile fund, with annualized monthly volatility of 21.4% 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 -52.1% for PEZ 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PEZ charges 0.60% per year while VOO charges 0.03%. On a $10,000 position that is $60 vs $3 annually, a gap of $57 per year that compounds over a long holding period. On income, PEZ currently yields 0.24% against 1.04% for VOO.
Holdings Overlap
31.6% of PEZ's money is in holdings VOO also owns. 5.0% of VOO's money is in holdings PEZ also owns.
The two portfolios partly overlap.
8 positions in common, counted across the 33 positions we hold weights for in PEZ and 494 in VOO, against full books of 47 and 509.
What only one of them owns
Our book lists 479 positions for VOO that do not appear in our book for PEZ (94.2% of the fund), and 25 for PEZ that do not appear in VOO (65.6%).
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 PEZ | Weight in VOO | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 5.50% | 4.13% | 1.37% |
| EBAYEbay Inc. | 4.08% | 0.08% | 4.00% |
| HLTHilton Worldwide Holdings, Inc. | 3.78% | 0.11% | 3.67% |
| CVSCvs Corp | 3.62% | 0.21% | 3.41% |
| ROSTRoss Stores, Inc. | 3.69% | 0.13% | 3.56% |
| FFord Motor Credit | 3.68% | 0.09% | 3.59% |
| MARMarriott International, Inc. | 3.61% | 0.13% | 3.48% |
| DALDl Co., Ltd. | 3.64% | 0.09% | 3.55% |
31.6% of PEZ 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, PEZ or VOO?
PEZ has an expense ratio of 0.60% while VOO charges 0.03%. VOO is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, PEZ or VOO?
Over the past year PEZ returned -6.60% vs +17.31% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), PEZ annualized +9.95% vs +13.49% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PEZ or VOO?
PEZ has been the more volatile fund at 21.4% annualized versus 14.1% for VOO. Worst drawdown: PEZ -52.1% vs VOO -34.3%.
Should I hold both PEZ and VOO?
PEZ and VOO have a monthly-return correlation of 0.81, 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 PEZ and VOO?
31.6% of PEZ's money is in holdings VOO also owns. 5.0% of VOO's is in holdings PEZ also owns. They hold 8 positions in common, counted across the 33 positions we hold weights for in PEZ and 494 in VOO.
Which pays a higher dividend, PEZ or VOO?
PEZ yields 0.24% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than PEZ?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 41.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.