RNWZ vs VOO
TrueShares Eagle Global Renewable Energy Income 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 509 holdings.
Side-by-Side Comparison
| Metric | RNWZ | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.03% | |
| AUM | $6M | $997.4B | |
| Dividend Yield | 1.24% | 1.08% | |
| Holdings | 24 | 509 | |
| YTD Return | +15.60% | +12.68% | |
| 1Y Return | +7.55% | +21.87% | |
| 3Y Return (annualized) | - | +22.06% | |
| 5Y Return (annualized) | - | +12.95% | |
| Volatility (annualized) | 19.9% | 14.1% | |
| Max Drawdown | -24.9% | -34.3% | |
| Fund Family | TrueShares | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 8, 2022 | Sep 7, 2010 |
RNWZ vs VOO Performance
TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) is a ETF from TrueShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year RNWZ returned +7.55% while VOO returned +21.87%. Year to date, RNWZ is up 15.60% versus a gain of 12.68% for VOO.
Risk: Volatility and Drawdowns
RNWZ has been the more volatile fund, with annualized monthly volatility of 19.9% 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 -24.9% for RNWZ 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 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
RNWZ charges 0.75% per year while VOO charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, RNWZ currently yields 1.24% against 1.08% for VOO.
Holdings Overlap
RNWZ and VOO share 5 holdings out of 524 unique holdings combined, representing a 0.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, RNWZ or VOO?
RNWZ has an expense ratio of 0.75% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $72 per year of difference.
Which performed better, RNWZ or VOO?
Over the past year RNWZ returned +7.55% vs +21.87% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (3 years), RNWZ annualized +1.43% vs +13.47% for VOO. Past performance does not guarantee future results.
Which is riskier, RNWZ or VOO?
RNWZ has been the more volatile fund at 19.9% annualized versus 14.1% for VOO. Worst drawdown: RNWZ -24.9% vs VOO -34.3%.
Should I hold both RNWZ and VOO?
RNWZ and VOO have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RNWZ and VOO?
RNWZ and VOO share 5 common holdings with a 0.7% weight overlap. Combined, they hold 524 unique securities.
Which pays a higher dividend, RNWZ or VOO?
RNWZ yields 1.24% while VOO yields 1.08%, so RNWZ currently pays the higher dividend yield.
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