RXL vs VOO
ProShares Ultra Health Care vs Vanguard S&P 500 ETF
Which is better, RXL or VOO?
Multi Alternative against Large Cap Blend.
VOO has a lower expense ratio. RXL led over 1Y and the full window, VOO over 3Y and 5Y.
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 | RXL | VOO |
|---|---|---|
| Expense Ratio | 0.95% | 0.03%Best |
| AUM | $97M | $997.4B |
| Dividend Yield | 1.29% | 1.04% |
| Holdings | 67 | 509 |
| YTD Return | +15.41%Best | +14.14% |
| 1Y Return | +47.19%Best | +17.31% |
| 3Y Return (annualized) | +13.17% | +23.04%Best |
| 5Y Return (annualized) | +4.10% | +13.63%Best |
| Volatility (annualized) | 27.8% | 14.1%Best |
| Max Drawdown | -51.0% | -34.3%Best |
| $10,000 over 5 years | $12,225 | $18,944Best |
| Fund Family | ProShares | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Jan 30, 2007 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 22, 2026 (16 years).
RXL 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.
RXL vs VOO Performance
ProShares Ultra Health Care (RXL) is an ETF from ProShares and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year RXL returned +47.19% while VOO returned +17.31%. Year to date, RXL is up 15.41% versus a gain of 14.14% for VOO.
Over three years, RXL compounded at +13.17% per year against +23.04% for VOO; over five years the annualized figures are +4.10% and +13.63% respectively. Across the full 16-year window we track, RXL has the edge at +21.30% annualized vs +13.49%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RXL has been the more volatile fund, with annualized monthly volatility of 27.8% 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 -51.0% for RXL 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RXL charges 0.95% per year while VOO charges 0.03%. On a $10,000 position that is $95 vs $3 annually, a gap of $92 per year that compounds over a long holding period. On income, RXL currently yields 1.29% against 1.04% for VOO.
Holdings Overlap
At least 9.1% of VOO's money is in holdings RXL also owns.
Stated as a floor: for RXL, our book for it covers 76.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VOO and RXL share little of their money.
59 positions in common, counted across the 60 positions we hold weights for in RXL and 494 in VOO, against full books of 67 and 509.
Top Shared Holdings
| Stock | Weight in RXL | Weight in VOO | Difference |
|---|---|---|---|
| LLYEli Lilly & Co. | 10.11% | 1.41% | 8.70% |
| JNJJohnson & Johnson - Common | 7.07% | 0.96% | 6.11% |
| ABBVAbbvie Inc. | 5.01% | 0.69% | 4.32% |
| MRKMerck & Company Inc | 4.03% | 0.50% | 3.53% |
| UNHUnitedhealth Group Incorporated | 3.91% | 0.58% | 3.33% |
| AMGNAmgen Inc. | 2.56% | 0.32% | 2.24% |
| TMOThermo Fisherscientific Inc. | 2.53% | 0.33% | 2.20% |
| ABTAbbott Laboratories | 2.12% | 0.29% | 1.83% |
| GILDGilead Sciences | 2.01% | 0.25% | 1.76% |
| PFEPfizer Inc | 1.79% | 0.22% | 1.57% |
You are not choosing between two funds in isolation.
Whichever of RXL and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, RXL or VOO?
RXL has an expense ratio of 0.95% while VOO charges 0.03%. VOO is the cheaper option, by $92 a year on a $10,000 investment.
Which performed better, RXL or VOO?
Over the past year RXL returned +47.19% vs +17.31% for VOO, so RXL leads on 1-year performance. Over the longest common window we track (16 years), RXL annualized +21.30% vs +13.49% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RXL or VOO?
RXL has been the more volatile fund at 27.8% annualized versus 14.1% for VOO. Worst drawdown: RXL -51.0% vs VOO -34.3%.
Should I hold both RXL and VOO?
RXL and VOO have a monthly-return correlation of 0.73, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between RXL and VOO?
At least 9.1% of VOO's money is in holdings RXL also owns. Our book for RXL is partial, so the real figure is this or higher. They hold 59 positions in common, counted across the 60 positions we hold weights for in RXL and 494 in VOO.
Which pays a higher dividend, RXL or VOO?
RXL yields 1.29% while VOO yields 1.04%, so RXL currently pays the higher dividend yield.
Is VOO better than RXL?
VOO has a lower expense ratio. RXL led over 1Y and the full window, VOO over 3Y and 5Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.