RLY vs VOO
State Street Multi-Asset Real Return ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. RLY delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | RLY | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.03% | |
| AUM | $1.3B | $979.0B | |
| Dividend Yield | 3.20% | 1.09% | |
| Holdings | 13 | 509 | |
| YTD Return | +17.12% | +13.72% | |
| 1Y Return | +28.02% | +21.63% | |
| 3Y Return (annualized) | +14.09% | +21.55% | |
| 5Y Return (annualized) | +10.93% | +13.26% | |
| Volatility (annualized) | 12.5% | 14.1% | |
| Max Drawdown | -46.2% | -34.3% | |
| Fund Family | State Street Investment Management | Vanguard (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | Apr 25, 2012 | Sep 7, 2010 |
RLY vs VOO Performance
State Street Multi-Asset Real Return ETF (RLY) is a ETF from State Street Investment Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year RLY returned +28.02% while VOO returned +21.63%. Year to date, RLY is up 17.12% versus a gain of 13.72% for VOO.
Over three years, RLY compounded at +14.09% per year against +21.55% for VOO; over five years the annualized figures are +10.93% and +13.26% respectively. Across the full 14-year window we track, VOO has the edge at +13.56% annualized vs +3.44%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 12.5% for RLY. 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 -46.2% for RLY 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RLY charges 0.50% per year while VOO charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, RLY currently yields 3.20% against 1.09% for VOO.
Holdings Overlap
RLY and VOO share 0 holdings out of 509 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, RLY or VOO?
RLY has an expense ratio of 0.50% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, RLY or VOO?
Over the past year RLY returned +28.02% vs +21.63% for VOO, so RLY leads on 1-year performance. Over the longest common window we track (14 years), RLY annualized +3.44% vs +13.56% for VOO. Past performance does not guarantee future results.
Which is riskier, RLY or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 12.5% for RLY. Worst drawdown: RLY -46.2% vs VOO -34.3%.
Should I hold both RLY and VOO?
RLY and VOO have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RLY and VOO?
RLY and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, RLY or VOO?
RLY yields 3.20% while VOO yields 1.09%, so RLY currently pays the higher dividend yield.
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