RAYC vs VOO
Rayliant Quantamental China Equity ETF vs Vanguard S&P 500 ETF
Which is better, RAYC or VOO?
All Cap Blend against Large Cap Blend.
VOO has a lower expense ratio. RAYC led over 1Y, VOO over the full window. RAYC is less concentrated, with 32.8% 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 | RAYC | VOO |
|---|---|---|
| Expense Ratio | 0.80% | 0.03%Best |
| AUM | $82M | $997.4B |
| Dividend Yield | 5.19% | 1.04% |
| Holdings | 76 | 509 |
| Volatility (annualized) | 22.0% | 15.3%Best |
| Max Drawdown | -57.6% | -24.5%Best |
| $10,000 over 4.9 years | $7,575 | $19,565Best |
| Top 10 Weight | 32.8%Best | 37.6% |
| Fund Family | The Advisors Inner Circle Fund | Vanguard (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Blend |
| Inception | Dec 30, 2020 | Sep 7, 2010 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 294 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. RAYC has data through Nov 28, 2025 and VOO through Sep 18, 2026.
Volatility and max drawdown, and the $10,000 over 4.9 years row, are measured over the window both funds cover: Dec 31, 2020 to Nov 28, 2025 (4.9 years).
Risk: Volatility and Drawdowns
RAYC has been the more volatile fund, with annualized monthly volatility of 22.0% compared with 15.3% 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 -57.6% for RAYC 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 0.18. They move largely independently of each other.
Fees and Cost Over Time
RAYC charges 0.80% per year while VOO charges 0.03%. On a $10,000 position that is $80 vs $3 annually, a gap of $77 per year that compounds over a long holding period. On income, RAYC currently yields 5.19% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 72 holdings in RAYC and 494 in VOO, totalling 96.2% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 304 days apart, RAYC as of Sep 30, 2025 and VOO as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 72 positions we hold weights for in RAYC and 494 in VOO, against full books of 76 and 509.
What only one of them owns
Our book lists 487 positions for VOO that do not appear in our book for RAYC (99.2% of the fund), and 0 for RAYC that do not appear in VOO (0.0%).
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.
You are not choosing between two funds in isolation.
Whichever of RAYC and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, RAYC or VOO?
RAYC has an expense ratio of 0.80% while VOO charges 0.03%. VOO is the cheaper option, by $77 a year on a $10,000 investment.
Which is riskier, RAYC or VOO?
RAYC has been the more volatile fund at 22.0% annualized versus 15.3% for VOO. Worst drawdown: RAYC -57.6% vs VOO -24.5%.
Should I hold both RAYC and VOO?
RAYC and VOO have a monthly-return correlation of 0.18, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, RAYC or VOO?
RAYC yields 5.19% while VOO yields 1.04%, so RAYC currently pays the higher dividend yield.
Is VOO better than RAYC?
VOO has a lower expense ratio. RAYC led over 1Y, VOO over the full window. RAYC is less concentrated, with 32.8% 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.