SMDV vs VOO
Proshares Russell 2000 Dividend Growers 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 | SMDV | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.03% | |
| AUM | $699M | $979.0B | |
| Dividend Yield | 2.29% | 1.09% | |
| Holdings | 101 | 509 | |
| YTD Return | +18.67% | +14.48% | |
| 1Y Return | +16.69% | +22.02% | |
| 3Y Return (annualized) | +10.50% | +21.80% | |
| 5Y Return (annualized) | +6.51% | +13.36% | |
| Volatility (annualized) | 16.0% | 14.2% | |
| Max Drawdown | -34.1% | -34.3% | |
| Fund Family | ProShares | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Feb 3, 2015 | Sep 7, 2010 |
SMDV vs VOO Performance
Proshares Russell 2000 Dividend Growers ETF (SMDV) is a ETF from ProShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year SMDV returned +16.69% while VOO returned +22.02%. Year to date, SMDV is up 18.67% versus a gain of 14.48% for VOO.
Over three years, SMDV compounded at +10.50% per year against +21.80% for VOO; over five years the annualized figures are +6.51% and +13.36% respectively. Across the full 12-year window we track, VOO has the edge at +13.61% annualized vs +8.26%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMDV has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 14.2% 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 -34.1% for SMDV 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SMDV charges 0.40% per year while VOO charges 0.03%. On a $10,000 position that is $40 vs $3 annually, a gap of $37 per year that compounds over a long holding period. On income, SMDV currently yields 2.29% against 1.09% for VOO.
Holdings Overlap
SMDV and VOO share 1 holdings out of 604 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SMDV | Weight in VOO | Difference |
|---|---|---|---|
| NEM | 0.99% | 0.15% | 0.84% |
Frequently Asked Questions
Which is cheaper, SMDV or VOO?
SMDV has an expense ratio of 0.40% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $37 per year of difference.
Which performed better, SMDV or VOO?
Over the past year SMDV returned +16.69% vs +22.02% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (12 years), SMDV annualized +8.26% vs +13.61% for VOO. Past performance does not guarantee future results.
Which is riskier, SMDV or VOO?
SMDV has been the more volatile fund at 16.0% annualized versus 14.2% for VOO. Worst drawdown: SMDV -34.1% vs VOO -34.3%.
Should I hold both SMDV and VOO?
SMDV and VOO have a monthly-return correlation of 0.71, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SMDV and VOO?
SMDV and VOO share 1 common holdings with a 0.1% weight overlap. Combined, they hold 604 unique securities.
Which pays a higher dividend, SMDV or VOO?
SMDV yields 2.29% while VOO yields 1.09%, so SMDV 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.