RZV vs VOO
Invesco S&P Smallcap 600 Pure Value ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. RZV delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | RZV | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.03% | |
| AUM | $308M | $997.4B | |
| Dividend Yield | 1.40% | 1.08% | |
| Holdings | 158 | 509 | |
| YTD Return | +26.51% | +12.68% | |
| 1Y Return | +35.47% | +21.87% | |
| 3Y Return (annualized) | +19.16% | +22.06% | |
| 5Y Return (annualized) | +12.07% | +12.95% | |
| Volatility (annualized) | 29.1% | 14.1% | |
| Max Drawdown | -77.9% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 1, 2006 | Sep 7, 2010 |
RZV vs VOO Performance
Invesco S&P Smallcap 600 Pure Value ETF (RZV) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year RZV returned +35.47% while VOO returned +21.87%. Year to date, RZV is up 26.51% versus a gain of 12.68% for VOO.
Over three years, RZV compounded at +19.16% per year against +22.06% for VOO; over five years the annualized figures are +12.07% and +12.95% respectively. Across the full 16-year window we track, VOO has the edge at +13.47% annualized vs +7.39%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RZV has been the more volatile fund, with annualized monthly volatility of 29.1% 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 -77.9% for RZV 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RZV 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, RZV currently yields 1.40% against 1.08% for VOO.
Holdings Overlap
RZV and VOO share 0 holdings out of 661 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, RZV or VOO?
RZV has an expense ratio of 0.35% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, RZV or VOO?
Over the past year RZV returned +35.47% vs +21.87% for VOO, so RZV leads on 1-year performance. Over the longest common window we track (16 years), RZV annualized +7.39% vs +13.47% for VOO. Past performance does not guarantee future results.
Which is riskier, RZV or VOO?
RZV has been the more volatile fund at 29.1% annualized versus 14.1% for VOO. Worst drawdown: RZV -77.9% vs VOO -34.3%.
Should I hold both RZV and VOO?
RZV and VOO have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RZV and VOO?
RZV and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 661 unique securities.
Which pays a higher dividend, RZV or VOO?
RZV yields 1.40% while VOO yields 1.08%, so RZV currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.