RAAX vs VOO
VanEck Real Assets ETF vs Vanguard S&P 500 ETF
Which is better, RAAX or VOO?
Allocation/Balanced against Large Cap Blend.
VOO has a lower expense ratio. RAAX led over 1Y and 5Y, VOO over 3Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 55.1%.
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 | RAAX | VOO |
|---|---|---|
| Expense Ratio | 0.55% | 0.03%Best |
| AUM | $1.1B | $997.4B |
| Dividend Yield | 1.95% | 1.04% |
| Holdings | 113 | 509 |
| YTD Return | +17.48%Best | +11.55% |
| 1Y Return | +27.45%Best | +17.54% |
| 3Y Return (annualized) | +19.80% | +20.71%Best |
| 5Y Return (annualized) | +14.18%Best | +12.80% |
| Volatility (annualized) | 14.6%Best | 16.5% |
| Max Drawdown | -33.9%Best | -34.3% |
| $10,000 over 5 years | $19,407Best | $18,262 |
| Top 10 Weight | 55.1% | 36.4%Best |
| Fund Family | VanEck | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Blend |
| Inception | Apr 9, 2018 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Apr 10, 2018 to Sep 10, 2026 (8.4 years).
RAAX 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 8.4 years both funds cover.
RAAX vs VOO Performance
VanEck Real Assets ETF (RAAX) is an ETF from VanEck and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year RAAX returned +27.45% while VOO returned +17.54%. Year to date, RAAX is up 17.48% versus a gain of 11.55% for VOO.
Over three years, RAAX compounded at +19.80% per year against +20.71% for VOO; over five years the annualized figures are +14.18% and +12.80% respectively. Across the full 8-year window we track, VOO has the edge at +14.35% annualized vs +9.34%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 14.6% for RAAX. 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 -33.9% for RAAX 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 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
RAAX charges 0.55% per year while VOO charges 0.03%. On a $10,000 position that is $55 vs $3 annually, a gap of $52 per year that compounds over a long holding period. On income, RAAX currently yields 1.95% against 1.04% for VOO.
Holdings Overlap
30.8% of RAAX's money is in holdings VOO also owns. 7.2% of VOO's money is in holdings RAAX also owns.
The two portfolios partly overlap.
The two holdings books were reported 63 days apart, RAAX as of Sep 1, 2026 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.
42 positions in common, counted across the 115 positions we hold weights for in RAAX and 505 in VOO, against full books of 113 and 509.
What only one of them owns
Our book lists 454 positions for VOO that do not appear in our book for RAAX (92.3% of the fund), and 31 for RAAX that do not appear in VOO (53.2%).
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 RAAX | Weight in VOO | Difference |
|---|---|---|---|
| WMBWilliams Cos. Inc. | 1.90% | 0.14% | 1.76% |
| TRGPTarga Resources Corp. | 1.76% | 0.09% | 1.67% |
| KMIKinder Morgan Inc./de | 1.71% | 0.10% | 1.61% |
| XOMExxon Mobil Corp. | 0.85% | 0.88% | 0.03% |
| CATCaterpillar, Inc. | 0.73% | 0.76% | 0.03% |
| CSXCsx Corp. | 1.19% | 0.14% | 1.05% |
| PWRQuanta Services, Inc. | 1.16% | 0.17% | 0.99% |
| NEMNewmont Corp. | 1.14% | 0.15% | 0.99% |
| MPCMarathon Petroleum Corp. | 1.08% | 0.12% | 0.96% |
| WELLWelltower Inc | 0.93% | 0.25% | 0.68% |
30.8% of RAAX 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, RAAX or VOO?
RAAX has an expense ratio of 0.55% while VOO charges 0.03%. VOO is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, RAAX or VOO?
Over the past year RAAX returned +27.45% vs +17.54% for VOO, so RAAX leads on 1-year performance. Over the longest common window we track (8 years), RAAX annualized +9.34% vs +14.35% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RAAX or VOO?
VOO has been the more volatile fund at 16.5% annualized versus 14.6% for RAAX. Worst drawdown: RAAX -33.9% vs VOO -34.3%.
Should I hold both RAAX and VOO?
RAAX and VOO have a monthly-return correlation of 0.65, 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 RAAX and VOO?
30.8% of RAAX's money is in holdings VOO also owns. 7.2% of VOO's is in holdings RAAX also owns. They hold 42 positions in common, counted across the 115 positions we hold weights for in RAAX and 505 in VOO.
Which pays a higher dividend, RAAX or VOO?
RAAX yields 1.95% while VOO yields 1.04%, so RAAX currently pays the higher dividend yield.
Is VOO better than RAAX?
VOO has a lower expense ratio. RAAX led over 1Y and 5Y, VOO over 3Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 55.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.