RVNL vs VOO
GraniteShares 2x Long RIVN Daily 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 | RVNL | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.15% | 0.03% | |
| AUM | $11M | $997.4B | |
| Dividend Yield | 0.00% | 1.08% | |
| Holdings | 2 | 509 | |
| YTD Return | -54.27% | +12.25% | |
| 1Y Return | -5.77% | +20.92% | |
| 3Y Return (annualized) | - | +21.79% | |
| 5Y Return (annualized) | - | +13.05% | |
| Volatility (annualized) | 75.6% | 14.1% | |
| Max Drawdown | -72.9% | -34.3% | |
| Fund Family | GraniteShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Apr 21, 2025 | Sep 7, 2010 |
RVNL vs VOO Performance
GraniteShares 2x Long RIVN Daily ETF (RVNL) is a ETF from GraniteShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year RVNL returned -5.77% while VOO returned +20.92%. Year to date, RVNL is down 54.27% versus a gain of 12.25% for VOO.
Risk: Volatility and Drawdowns
RVNL has been the more volatile fund, with annualized monthly volatility of 75.6% 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 -72.9% for RVNL 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 0.11. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
RVNL charges 1.15% per year while VOO charges 0.03%. On a $10,000 position that is $115 vs $3 annually, a gap of $112 per year that compounds over a long holding period. On income, RVNL currently yields 0.00% against 1.08% for VOO.
Holdings Overlap
RVNL and VOO share 0 holdings out of 506 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, RVNL or VOO?
RVNL has an expense ratio of 1.15% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $112 per year of difference.
Which performed better, RVNL or VOO?
Over the past year RVNL returned -5.77% vs +20.92% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), RVNL annualized -2.90% vs +13.45% for VOO. Past performance does not guarantee future results.
Which is riskier, RVNL or VOO?
RVNL has been the more volatile fund at 75.6% annualized versus 14.1% for VOO. Worst drawdown: RVNL -72.9% vs VOO -34.3%.
Should I hold both RVNL and VOO?
RVNL and VOO have a monthly-return correlation of 0.11, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RVNL and VOO?
RVNL and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, RVNL or VOO?
RVNL yields 0.00% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
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