PZLV vs VOO
Pzena US Large Cap Value ETF vs Vanguard S&P 500 ETF
Which is better, PZLV or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 39.1%.
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 | PZLV | VOO |
|---|---|---|
| Expense Ratio | 0.60% | 0.03%Best |
| AUM | $71M | $997.4B |
| Dividend Yield | 0.00% | 1.04% |
| Holdings | 41 | 509 |
| YTD Return | +21.81%Best | +12.37% |
| 1Y Return | - | +16.61% |
| 3Y Return (annualized) | - | +21.37% |
| 5Y Return (annualized) | - | +13.49% |
| Top 10 Weight | 39.1% | 37.6%Best |
| Fund Family | Pzena Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Apr 1, 2026 | Sep 7, 2010 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
PZLV 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
PZLV vs VOO Performance
Pzena US Large Cap Value ETF (PZLV) is an ETF from Pzena Funds and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Year to date, PZLV is up 21.81% versus a gain of 12.37% for VOO.
Past performance does not guarantee future results.
Fees and Cost Over Time
PZLV 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, PZLV currently yields 0.00% against 1.04% for VOO.
Holdings Overlap
65.1% of PZLV's money is in holdings VOO also owns. 3.0% of VOO's money is in holdings PZLV also owns.
The two portfolios partly overlap.
24 positions in common, counted across the 39 positions we hold weights for in PZLV and 494 in VOO, against full books of 41 and 509.
What only one of them owns
Our book lists 463 positions for VOO that do not appear in our book for PZLV (96.2% of the fund), and 14 for PZLV that do not appear in VOO (30.8%).
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.
Top Shared Holdings
| Stock | Weight in PZLV | Weight in VOO | Difference |
|---|---|---|---|
| HUMHumana Inc. | 5.67% | 0.07% | 5.60% |
| BAXBaxter International Inc. | 5.04% | 0.02% | 5.02% |
| DGDollar General Corp. | 3.74% | 0.04% | 3.70% |
| CVSCvs Corp | 3.51% | 0.21% | 3.30% |
| WFCWells Fargo & Co. | 3.08% | 0.41% | 2.67% |
| COFCapital One Financial Corp. | 3.23% | 0.20% | 3.03% |
| METMetlife Inc. | 3.24% | 0.08% | 3.16% |
| SWKSSkyworks Solutions Inc. | 3.17% | 0.01% | 3.16% |
| CTSHCognizant Technology Solutions Corp. Class A | 3.13% | 0.04% | 3.09% |
| CDWCDW Corporation | 3.12% | 0.03% | 3.09% |
65.1% of PZLV 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, PZLV or VOO?
PZLV 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.
What is the holdings overlap between PZLV and VOO?
65.1% of PZLV's money is in holdings VOO also owns. 3.0% of VOO's is in holdings PZLV also owns. They hold 24 positions in common, counted across the 39 positions we hold weights for in PZLV and 494 in VOO.
Which pays a higher dividend, PZLV or VOO?
PZLV yields 0.00% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than PZLV?
VOO has a lower expense ratio. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 39.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.