PRVT vs VOO
Tema Listed Private Managers ETF vs Vanguard S&P 500 ETF
Which is better, PRVT or VOO?
Multi Alternative against Large Cap Blend.
VOO has a lower expense ratio. VOO led over the full window. VOO is less concentrated, with 39.1% of the fund in its ten largest positions against 52.1%.
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 | PRVT | VOO |
|---|---|---|
| Expense Ratio | 0.75% | 0.03%Best |
| AUM | $233,024.57 | $1.0T |
| Dividend Yield | 0.86% | 1.05% |
| Holdings | 28 | 519 |
| Volatility (annualized) | - | 12.6% |
| Max Drawdown | -20.4% | -18.7%Best |
| $10,000 over 3.2 years | $11,858 | $18,225Best |
| Top 10 Weight | 52.1% | 39.1%Best |
| Fund Family | Tema Global Limited | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Oct 1, 2025 | Sep 7, 2010 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 72 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. PRVT has data through Sep 2, 2026 and VOO through Nov 13, 2026.
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jun 13, 2023 to Sep 2, 2026 (3.2 years).
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -20.4% for PRVT and -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
Fees and Cost Over Time
PRVT charges 0.75% per year while VOO charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, PRVT currently yields 0.86% against 1.05% for VOO.
Holdings Overlap
24.4% of PRVT's money is in holdings VOO also owns. 0.6% of VOO's money is in holdings PRVT also owns.
PRVT and VOO share little of their money.
5 positions in common, counted across the 27 positions we hold weights for in PRVT and 506 in VOO, against full books of 28 and 519.
What only one of them owns
Our book lists 496 positions for VOO that do not appear in our book for PRVT (99.4% of the fund), and 8 for PRVT that do not appear in VOO (35.8%).
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.
24.4% of PRVT 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, PRVT or VOO?
PRVT has an expense ratio of 0.75% while VOO charges 0.03%. VOO is the cheaper option, by $72 a year on a $10,000 investment.
What is the holdings overlap between PRVT and VOO?
24.4% of PRVT's money is in holdings VOO also owns. 0.6% of VOO's is in holdings PRVT also owns. They hold 5 positions in common, counted across the 27 positions we hold weights for in PRVT and 506 in VOO.
Which pays a higher dividend, PRVT or VOO?
PRVT yields 0.86% while VOO yields 1.05%, so VOO currently pays the higher dividend yield.
Is VOO better than PRVT?
VOO has a lower expense ratio. VOO led over the full window. VOO is less concentrated, with 39.1% of the fund in its ten largest positions against 52.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.