PQAP vs VOO

PQAP vs VOO
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Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricPQAPVOOWinner
Expense Ratio0.50%0.03%
AUM$27M$997.4B
Dividend Yield0.02%1.08%
Holdings7509
YTD Return+13.70%+14.27%
1Y Return+17.94%+21.79%
3Y Return (annualized)-+22.19%
5Y Return (annualized)-+13.28%
Volatility (annualized)6.7%14.2%
Max Drawdown-10.8%-34.3%
Fund FamilyPGIM InvestmentsVanguard (US)
CategoryAlternativeEquity
InceptionDec 27, 2024Sep 7, 2010

PQAP vs VOO Performance

PGIM Nasdaq-100 Buffer 12 ETF - April (PQAP) is a ETF from PGIM Investments and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year PQAP returned +17.94% while VOO returned +21.79%. Year to date, PQAP is up 13.70% versus a gain of 14.27% for VOO.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 6.7% for PQAP. 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 -10.8% for PQAP and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

PQAP charges 0.50% per year while VOO charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, PQAP currently yields 0.02% against 1.08% for VOO.

Frequently Asked Questions

Which is cheaper, PQAP or VOO?

PQAP has an expense ratio of 0.50% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $47 per year of difference.

Which performed better, PQAP or VOO?

Over the past year PQAP returned +17.94% vs +21.79% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), PQAP annualized +17.77% vs +13.59% for VOO. Past performance does not guarantee future results.

Which is riskier, PQAP or VOO?

VOO has been the more volatile fund at 14.2% annualized versus 6.7% for PQAP. Worst drawdown: PQAP -10.8% vs VOO -34.3%.

Should I hold both PQAP and VOO?

PQAP and VOO have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, PQAP or VOO?

PQAP yields 0.02% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.

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