PIN vs VOO
Invesco India ETF vs Vanguard S&P 500 ETF
Which is better, PIN or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 37.0%.
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 | PIN | VOO |
|---|---|---|
| Expense Ratio | 0.78% | 0.03%Best |
| AUM | $200M | $997.4B |
| Dividend Yield | 8.42% | 1.08% |
| Holdings | 220 | 509 |
| Volatility (annualized) | 19.8% | 14.0%Best |
| Max Drawdown | -69.6% | -34.3%Best |
| $10,000 over 15.4 years | $19,323 | $66,849Best |
| Top 10 Weight | 37.0% | 36.4%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 5, 2008 | Sep 7, 2010 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 200 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. PIN has data through Feb 20, 2026 and VOO through Sep 8, 2026.
Volatility and max drawdown, and the $10,000 over 15.4 years row, are measured over the window both funds cover: Sep 9, 2010 to Feb 20, 2026 (15.4 years).
Risk: Volatility and Drawdowns
PIN has been the more volatile fund, with annualized monthly volatility of 19.8% compared with 14.0% 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 -69.6% for PIN 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 0.53. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PIN charges 0.78% per year while VOO charges 0.03%. On a $10,000 position that is $78 vs $3 annually, a gap of $75 per year that compounds over a long holding period. On income, PIN currently yields 8.42% against 1.08% for VOO.
Holdings Overlap
0.6% of PIN's money is in holdings VOO also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
The two holdings books were reported 273 days apart, PIN 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.
1 positions in common, counted across the 212 positions we hold weights for in PIN and 504 in VOO, against full books of 220 and 509.
What only one of them owns
Our book lists 493 positions for VOO that do not appear in our book for PIN (99.3% of the fund), and 2 for PIN that do not appear in VOO (2.7%).
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 PIN | Weight in VOO | Difference |
|---|---|---|---|
| HALHalliburton | 0.63% | 0.04% | 0.59% |
You are not choosing between two funds in isolation.
Whichever of PIN 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, PIN or VOO?
PIN has an expense ratio of 0.78% while VOO charges 0.03%. VOO is the cheaper option, by $75 a year on a $10,000 investment.
Which is riskier, PIN or VOO?
PIN has been the more volatile fund at 19.8% annualized versus 14.0% for VOO. Worst drawdown: PIN -69.6% vs VOO -34.3%.
Should I hold both PIN and VOO?
PIN and VOO have a monthly-return correlation of 0.53, 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, PIN or VOO?
PIN yields 8.42% while VOO yields 1.08%, so PIN currently pays the higher dividend yield.
Is VOO better than PIN?
VOO has a lower expense ratio. VOO led over 1Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 37.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.