RPG vs VOO
Invesco S&P 500 Pure Growth ETF vs Vanguard S&P 500 ETF
Which is better, RPG or VOO?
Large Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. RPG led over 1Y, 3Y and the full window, VOO over 5Y. The two have moved almost in lockstep, correlation 0.90. RPG is less concentrated, with 30.9% 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 | RPG | VOO |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $1.9B | $997.4B |
| Dividend Yield | 0.16% | 1.04% |
| Holdings | 68 | 509 |
| YTD Return | +23.74%Best | +14.14% |
| 1Y Return | +21.45%Best | +17.31% |
| 3Y Return (annualized) | +25.38%Best | +23.16% |
| 5Y Return (annualized) | +8.69% | +13.85%Best |
| Volatility (annualized) | 17.7% | 14.1%Best |
| Max Drawdown | -36.8% | -34.3%Best |
| $10,000 over 5 years | $15,169 | $19,128Best |
| Top 10 Weight | 30.9%Best | 37.6% |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 1, 2006 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 21, 2026 (16 years).
RPG 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 16 years both funds cover.
RPG vs VOO Performance
Invesco S&P 500 Pure Growth ETF (RPG) is an ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year RPG returned +21.45% while VOO returned +17.31%. Year to date, RPG is up 23.74% versus a gain of 14.14% for VOO.
Over three years, RPG compounded at +25.38% per year against +23.16% for VOO; over five years the annualized figures are +8.69% and +13.85% respectively. Across the full 16-year window we track, RPG has the edge at +14.15% annualized vs +13.49%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RPG has been the more volatile fund, with annualized monthly volatility of 17.7% 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 -36.8% for RPG 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
RPG charges 0.35% per year while VOO charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, RPG currently yields 0.16% against 1.04% for VOO.
Holdings Overlap
100.0% of RPG's money is in holdings VOO also owns. 38.3% of VOO's money is in holdings RPG also owns.
Most of RPG is already inside VOO. Owning both mostly buys the same companies twice.
66 positions in common, counted across the 67 positions we hold weights for in RPG and 494 in VOO, against full books of 68 and 509.
What only one of them owns
Our book lists 422 positions for VOO that do not appear in our book for RPG (60.9% of the fund), and 1 for RPG 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.
Top Shared Holdings
| Stock | Weight in RPG | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 1.73% | 7.55% | 5.82% |
| SNDKSandisk Corp/De | 8.02% | 0.28% | 7.74% |
| MSFTMicrosoft Corp | 0.77% | 5.36% | 4.59% |
| MUMicron Technology, Inc. | 3.91% | 1.44% | 2.47% |
| AVGOBroadcom Inc | 1.47% | 2.86% | 1.39% |
| GOOGLAlphabet Inc,class A | 0.89% | 3.24% | 2.35% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 2.17% | 1.46% | 0.71% |
| AMDAdvanced Micro Devices Inc | 2.41% | 1.21% | 1.20% |
| GOOGAlphabet Inc | 0.70% | 2.62% | 1.92% |
| CRWDCrowdstrike Holdings Inc | 2.97% | 0.30% | 2.67% |
100.0% of RPG 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, RPG or VOO?
RPG has an expense ratio of 0.35% while VOO charges 0.03%. VOO is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, RPG or VOO?
Over the past year RPG returned +21.45% vs +17.31% for VOO, so RPG leads on 1-year performance. Over the longest common window we track (16 years), RPG annualized +14.15% vs +13.49% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RPG or VOO?
RPG has been the more volatile fund at 17.7% annualized versus 14.1% for VOO. Worst drawdown: RPG -36.8% vs VOO -34.3%.
Should I hold both RPG and VOO?
RPG and VOO have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between RPG and VOO?
100.0% of RPG's money is in holdings VOO also owns. 38.3% of VOO's is in holdings RPG also owns. They hold 66 positions in common, counted across the 67 positions we hold weights for in RPG and 494 in VOO.
Which pays a higher dividend, RPG or VOO?
RPG yields 0.16% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than RPG?
VOO has a lower expense ratio. RPG led over 1Y, 3Y and the full window, VOO over 5Y. The two have moved almost in lockstep, correlation 0.90. RPG is less concentrated, with 30.9% 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.