SHDG vs VOO
Soundwatch Hedged Equity 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 505 holdings.
Side-by-Side Comparison
| Metric | SHDG | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.91% | 0.03% | |
| AUM | $160M | $979.0B | |
| Dividend Yield | 0.49% | 1.09% | |
| Holdings | 8 | 509 | |
| YTD Return | +3.93% | +13.72% | |
| 1Y Return | +9.19% | +21.63% | |
| 3Y Return (annualized) | +12.26% | +21.55% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 9.7% | 14.1% | |
| Max Drawdown | -15.8% | -34.3% | |
| Fund Family | Trust For Advised Portfolios | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 24, 2022 | Sep 7, 2010 |
SHDG vs VOO Performance
Soundwatch Hedged Equity ETF (SHDG) is a ETF from Trust For Advised Portfolios and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year SHDG returned +9.19% while VOO returned +21.63%. Year to date, SHDG is up 3.93% versus a gain of 13.72% for VOO.
Over three years, SHDG compounded at +12.26% per year against +21.55% for VOO. Across the full 4-year window we track, SHDG has the edge at +14.42% annualized vs +13.56%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 9.7% for SHDG. 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 -15.8% for SHDG 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SHDG charges 0.91% per year while VOO charges 0.03%. On a $10,000 position that is $91 vs $3 annually, a gap of $88 per year that compounds over a long holding period. On income, SHDG currently yields 0.49% against 1.09% for VOO.
Holdings Overlap
SHDG and VOO share 0 holdings out of 507 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, SHDG or VOO?
SHDG has an expense ratio of 0.91% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $88 per year of difference.
Which performed better, SHDG or VOO?
Over the past year SHDG returned +9.19% vs +21.63% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), SHDG annualized +14.42% vs +13.56% for VOO. Past performance does not guarantee future results.
Which is riskier, SHDG or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 9.7% for SHDG. Worst drawdown: SHDG -15.8% vs VOO -34.3%.
Should I hold both SHDG and VOO?
SHDG and VOO have a monthly-return correlation of 0.95, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between SHDG and VOO?
SHDG and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, SHDG or VOO?
SHDG yields 0.49% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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