RAYE vs VOO
Rayliant Quantamental Emerging Market ex-China Equity ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | RAYE | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.88% | 0.03% | |
| AUM | $37M | $979.0B | |
| Dividend Yield | 2.93% | 1.09% | |
| Holdings | 119 | 509 | |
| YTD Return | +22.31% | +13.80% | |
| 1Y Return | +16.38% | +23.71% | |
| 3Y Return (annualized) | +15.15% | +21.50% | |
| 5Y Return (annualized) | - | +13.44% | |
| Volatility (annualized) | 15.7% | 14.1% | |
| Max Drawdown | -26.9% | -34.3% | |
| Fund Family | The Advisors Inner Circle Fund | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 15, 2021 | Sep 7, 2010 |
RAYE vs VOO Performance
Rayliant Quantamental Emerging Market ex-China Equity ETF (RAYE) is a ETF from The Advisors Inner Circle Fund and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year RAYE returned +16.38% while VOO returned +23.71%. Year to date, RAYE is up 22.31% versus a gain of 13.80% for VOO.
Over three years, RAYE compounded at +15.15% per year against +21.50% for VOO. Across the full 4-year window we track, VOO has the edge at +13.58% annualized vs +5.35%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RAYE has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 14.1% 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 -26.9% for RAYE 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RAYE charges 0.88% per year while VOO charges 0.03%. On a $10,000 position that is $88 vs $3 annually, a gap of $85 per year that compounds over a long holding period. On income, RAYE currently yields 2.93% against 1.09% for VOO.
Holdings Overlap
RAYE and VOO share 0 holdings out of 603 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, RAYE or VOO?
RAYE has an expense ratio of 0.88% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $85 per year of difference.
Which performed better, RAYE or VOO?
Over the past year RAYE returned +16.38% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), RAYE annualized +5.35% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, RAYE or VOO?
RAYE has been the more volatile fund at 15.7% annualized versus 14.1% for VOO. Worst drawdown: RAYE -26.9% vs VOO -34.3%.
Should I hold both RAYE and VOO?
RAYE and VOO have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RAYE and VOO?
RAYE and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 603 unique securities.
Which pays a higher dividend, RAYE or VOO?
RAYE yields 2.93% while VOO yields 1.09%, so RAYE currently pays the higher dividend yield.
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