SWP vs VOO
SWP Growth & Income ETF vs Vanguard S&P 500 ETF
Which is better, SWP or VOO?
Large Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. SWP is less concentrated, with 35.5% of the fund in its ten largest positions against 36.4%.
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 | SWP | VOO |
|---|---|---|
| Expense Ratio | 0.99% | 0.03%Best |
| AUM | $149M | $997.4B |
| Dividend Yield | 8.58% | 1.04% |
| Holdings | 75 | 509 |
| YTD Return | +5.53% | +12.23%Best |
| 1Y Return | +11.63% | +18.60%Best |
| 3Y Return (annualized) | - | +20.98% |
| 5Y Return (annualized) | - | +12.76% |
| Volatility (annualized) | 11.7%Best | 12.7% |
| Max Drawdown | -15.7%Best | -18.7% |
| $10,000 over 2 years | $12,905 | $13,766Best |
| Top 10 Weight | 35.5%Best | 36.4% |
| Fund Family | GammaRoad | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Sep 24, 2024 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 25, 2024 to Sep 9, 2026 (2 years).
SWP 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 2 years both funds cover.
SWP vs VOO Performance
SWP Growth & Income ETF (SWP) is an ETF from GammaRoad and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year SWP returned +11.63% while VOO returned +18.60%. Year to date, SWP is up 5.53% versus a gain of 12.23% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 11.7% for SWP. 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 -15.7% for SWP and -18.7% 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SWP charges 0.99% per year while VOO charges 0.03%. On a $10,000 position that is $99 vs $3 annually, a gap of $96 per year that compounds over a long holding period. On income, SWP currently yields 8.58% against 1.04% for VOO.
Holdings Overlap
87.0% of SWP's money is in holdings VOO also owns. 35.7% of VOO's money is in holdings SWP also owns.
Most of SWP is already inside VOO. Owning both mostly buys the same companies twice.
The two holdings books were reported 55 days apart, SWP as of Aug 24, 2026 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
35 positions in common, counted across the 43 positions we hold weights for in SWP and 505 in VOO, against full books of 75 and 509.
What only one of them owns
Our book lists 461 positions for VOO that do not appear in our book for SWP (63.8% of the fund), and 4 for SWP that do not appear in VOO (6.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in SWP | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 4.00% | 7.51% | 3.51% |
| AAPLApple, Inc | 4.26% | 6.59% | 2.33% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.05% | 4.30% | 0.75% |
| GOOGLAlphabet A Usd 0.001 | 3.45% | 3.25% | 0.20% |
| AVGOBroadcom Inc | 3.80% | 2.77% | 1.03% |
| METAMeta Platforms, Inc. | 2.93% | 1.92% | 1.01% |
| JPMJpmorgan Chase & Co. | 2.77% | 1.26% | 1.51% |
| IBMInternational Business Machines Corp. | 3.55% | 0.41% | 3.14% |
| LLYEli Lilly & Co. | 2.35% | 1.47% | 0.88% |
| PMPhilip Morris International Inc. | 2.81% | 0.44% | 2.37% |
87.0% of SWP is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SWP or VOO?
SWP has an expense ratio of 0.99% while VOO charges 0.03%. VOO is the cheaper option, by $96 a year on a $10,000 investment.
Which performed better, SWP or VOO?
Over the past year SWP returned +11.63% vs +18.60% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), SWP annualized +13.60% vs +17.33% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SWP or VOO?
VOO has been the more volatile fund at 12.7% annualized versus 11.7% for SWP. Worst drawdown: SWP -15.7% vs VOO -18.7%.
Should I hold both SWP and VOO?
SWP and VOO have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between SWP and VOO?
87.0% of SWP's money is in holdings VOO also owns. 35.7% of VOO's is in holdings SWP also owns. They hold 35 positions in common, counted across the 43 positions we hold weights for in SWP and 505 in VOO.
Which pays a higher dividend, SWP or VOO?
SWP yields 8.58% while VOO yields 1.04%, so SWP currently pays the higher dividend yield.
Is VOO better than SWP?
VOO has a lower expense ratio. VOO led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. SWP is less concentrated, with 35.5% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.