SNOY vs VOO

Quick Verdict

VOO has a lower expense ratio. SNOY delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: SNOYMore Diversified: VOO

Side-by-Side Comparison

MetricSNOYVOOWinner
Expense Ratio1.04%0.03%
AUM$59M$979.0B
Dividend Yield64.73%1.09%
Holdings14509
YTD Return+42.85%+14.48%
1Y Return+43.26%+22.02%
3Y Return (annualized)-+21.80%
5Y Return (annualized)-+13.36%
Volatility (annualized)64.1%14.2%
Max Drawdown-50.9%-34.3%
Fund FamilyYieldMax ETFVanguard (US)
CategoryAlternativeEquity
InceptionJun 10, 2024Sep 7, 2010

SNOY vs VOO Performance

YieldMax SNOW Option Income Strategy ETF (SNOY) is a ETF from YieldMax ETF and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year SNOY returned +43.26% while VOO returned +22.02%. Year to date, SNOY is up 42.85% versus a gain of 14.48% for VOO.

Risk: Volatility and Drawdowns

SNOY has been the more volatile fund, with annualized monthly volatility of 64.1% 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 -50.9% for SNOY 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 0.46. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SNOY charges 1.04% per year while VOO charges 0.03%. On a $10,000 position that is $104 vs $3 annually, a gap of $101 per year that compounds over a long holding period. On income, SNOY currently yields 64.73% against 1.09% for VOO.

Holdings Overlap

0.0%overlap

SNOY and VOO share 0 holdings out of 508 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, SNOY or VOO?

SNOY has an expense ratio of 1.04% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $101 per year of difference.

Which performed better, SNOY or VOO?

Over the past year SNOY returned +43.26% vs +22.02% for VOO, so SNOY leads on 1-year performance. Over the longest common window we track (2 years), SNOY annualized +41.68% vs +13.61% for VOO. Past performance does not guarantee future results.

Which is riskier, SNOY or VOO?

SNOY has been the more volatile fund at 64.1% annualized versus 14.2% for VOO. Worst drawdown: SNOY -50.9% vs VOO -34.3%.

Should I hold both SNOY and VOO?

SNOY and VOO have a monthly-return correlation of 0.46, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SNOY and VOO?

SNOY and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 508 unique securities.

Which pays a higher dividend, SNOY or VOO?

SNOY yields 64.73% while VOO yields 1.09%, so SNOY currently pays the higher dividend yield.

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