PPI vs VOO
Astoria Real Assets ETF vs Vanguard S&P 500 ETF
Which is better, PPI or VOO?
Mid Cap Blend against Large Cap Blend.
VOO has a lower expense ratio. PPI led over the full window, VOO over 1Y and 3Y. PPI is less concentrated, with 27.0% 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 | PPI | VOO |
|---|---|---|
| Expense Ratio | 0.57% | 0.03%Best |
| AUM | $161M | $997.4B |
| Dividend Yield | 1.31% | 1.04% |
| Holdings | 86 | 509 |
| YTD Return | +9.56% | +12.37%Best |
| 1Y Return | +16.53% | +16.61%Best |
| 3Y Return (annualized) | +18.20% | +21.37%Best |
| 5Y Return (annualized) | - | +13.49% |
| Volatility (annualized) | 18.9% | 15.7%Best |
| Max Drawdown | -24.5%Tie | -24.5%Tie |
| $10,000 over 4.7 years | $18,066Best | $17,056 |
| Top 10 Weight | 27.0%Best | 37.6% |
| Fund Family | AXS Investments | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Dec 30, 2021 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Dec 30, 2021 to Sep 18, 2026 (4.7 years).
PPI 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 4.7 years both funds cover.
PPI vs VOO Performance
Astoria Real Assets ETF (PPI) is an ETF from AXS Investments and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year PPI returned +16.53% while VOO returned +16.61%. Year to date, PPI is up 9.56% versus a gain of 12.37% for VOO.
Over three years, PPI compounded at +18.20% per year against +21.37% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PPI has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 15.7% 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 -24.5% for PPI 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PPI charges 0.57% per year while VOO charges 0.03%. On a $10,000 position that is $57 vs $3 annually, a gap of $54 per year that compounds over a long holding period. On income, PPI currently yields 1.31% against 1.04% for VOO.
Holdings Overlap
43.1% of PPI's money is in holdings VOO also owns. 3.8% of VOO's money is in holdings PPI also owns.
The two portfolios partly overlap.
29 positions in common, counted across the 78 positions we hold weights for in PPI and 494 in VOO, against full books of 86 and 509.
What only one of them owns
Our book lists 458 positions for VOO that do not appear in our book for PPI (95.3% of the fund), and 24 for PPI that do not appear in VOO (26.6%).
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 PPI | Weight in VOO | Difference |
|---|---|---|---|
| GEVGe Vernova, Inc. | 2.81% | 0.41% | 2.40% |
| XOMExxon Mobil Corp. | 1.99% | 1.00% | 0.99% |
| SPGSimon Property Group Inc | 2.35% | 0.12% | 2.23% |
| LMTLockheed Martin Corp | 2.02% | 0.18% | 1.84% |
| FCXFreeport-mcmoran Copper & Gold Inc. | 2.05% | 0.14% | 1.91% |
| VLOValero Energy | 1.84% | 0.14% | 1.70% |
| VRTVertiv Holdings Co | 1.83% | 0.14% | 1.69% |
| AEPAmerican Electric Power Co Inc | 1.85% | 0.11% | 1.74% |
| HWMHowmet Aerospace Inc. | 1.73% | 0.18% | 1.55% |
| CBRECbre Services Inc | 1.75% | 0.07% | 1.68% |
43.1% of PPI 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, PPI or VOO?
PPI has an expense ratio of 0.57% while VOO charges 0.03%. VOO is the cheaper option, by $54 a year on a $10,000 investment.
Which performed better, PPI or VOO?
Over the past year PPI returned +16.53% vs +16.61% 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, PPI or VOO?
PPI has been the more volatile fund at 18.9% annualized versus 15.7% for VOO. Worst drawdown: PPI -24.5% vs VOO -24.5%.
Should I hold both PPI and VOO?
PPI and VOO have a monthly-return correlation of 0.71, 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 PPI and VOO?
43.1% of PPI's money is in holdings VOO also owns. 3.8% of VOO's is in holdings PPI also owns. They hold 29 positions in common, counted across the 78 positions we hold weights for in PPI and 494 in VOO.
Which pays a higher dividend, PPI or VOO?
PPI yields 1.31% while VOO yields 1.04%, so PPI currently pays the higher dividend yield.
Is VOO better than PPI?
VOO has a lower expense ratio. PPI led over the full window, VOO over 1Y and 3Y. PPI is less concentrated, with 27.0% 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.