SZNE vs VOO
Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF vs Vanguard S&P 500 ETF
Which is better, SZNE or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y and the full window. SZNE is less concentrated, with 10.4% 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 | SZNE | VOO |
|---|---|---|
| Expense Ratio | 0.60% | 0.03%Best |
| AUM | $13M | $997.4B |
| Dividend Yield | 1.31% | 1.04% |
| Holdings | 230 | 509 |
| Volatility (annualized) | 18.9% | 17.0%Best |
| Max Drawdown | -40.4% | -34.3%Best |
| $10,000 over 7.8 years | $16,188 | $28,636Best |
| Top 10 Weight | 10.4%Best | 36.4% |
| Fund Family | Pacer ETFs | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 23, 2018 | Sep 7, 2010 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 120 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. SZNE has data through May 14, 2026 and VOO through Sep 11, 2026.
Volatility and max drawdown, and the $10,000 over 7.8 years row, are measured over the window both funds cover: Jul 24, 2018 to May 14, 2026 (7.8 years).
Risk: Volatility and Drawdowns
SZNE has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 17.0% 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 -40.4% for SZNE and -34.3% 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SZNE charges 0.60% per year while VOO charges 0.03%. On a $10,000 position that is $60 vs $3 annually, a gap of $57 per year that compounds over a long holding period. On income, SZNE currently yields 1.31% against 1.04% for VOO.
Holdings Overlap
97.8% of SZNE's money is in holdings VOO also owns. 56.8% of VOO's money is in holdings SZNE also owns.
Most of SZNE is already inside VOO. Owning both mostly buys the same companies twice.
The two holdings books were reported 181 days apart, SZNE as of Dec 31, 2025 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.
218 positions in common, counted across the 224 positions we hold weights for in SZNE and 505 in VOO, against full books of 230 and 509.
What only one of them owns
Our book lists 281 positions for VOO that do not appear in our book for SZNE (42.8% of the fund), and 4 for SZNE that do not appear in VOO (1.5%).
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 SZNE | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 0.35% | 7.51% | 7.16% |
| AAPLApple, Inc | 0.32% | 6.59% | 6.27% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 0.34% | 4.30% | 3.96% |
| AMZNAmazon.Com Inc | 0.52% | 3.62% | 3.10% |
| AVGOBroadcom Inc | 0.29% | 2.77% | 2.48% |
| MUMicron Technology, Inc. | 0.45% | 2.02% | 1.57% |
| TSLATesla Inc | 0.48% | 1.84% | 1.36% |
| AMDAdvanced Micro Devices Inc. | 0.33% | 1.47% | 1.14% |
| LINLinde Plc Ordinary Shares | 1.04% | 0.37% | 0.67% |
| INTCIntel Corp. | 0.34% | 1.02% | 0.68% |
97.8% of SZNE 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, SZNE or VOO?
SZNE has an expense ratio of 0.60% while VOO charges 0.03%. VOO is the cheaper option, by $57 a year on a $10,000 investment.
Which is riskier, SZNE or VOO?
SZNE has been the more volatile fund at 18.9% annualized versus 17.0% for VOO. Worst drawdown: SZNE -40.4% vs VOO -34.3%.
Should I hold both SZNE and VOO?
SZNE and VOO have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SZNE and VOO?
97.8% of SZNE's money is in holdings VOO also owns. 56.8% of VOO's is in holdings SZNE also owns. They hold 218 positions in common, counted across the 224 positions we hold weights for in SZNE and 505 in VOO.
Which pays a higher dividend, SZNE or VOO?
SZNE yields 1.31% while VOO yields 1.04%, so SZNE currently pays the higher dividend yield.
Is VOO better than SZNE?
VOO has a lower expense ratio. VOO led over 1Y and the full window. SZNE is less concentrated, with 10.4% 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.