TEC vs VOO
Harbor Transformative Technologies ETF vs Vanguard S&P 500 ETF
Which is better, TEC or VOO?
Large Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. TEC led over the full window, VOO over 1Y. VOO is less concentrated, with 39.1% of the fund in its ten largest positions against 51.4%.
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 | TEC | VOO |
|---|---|---|
| Expense Ratio | 0.69% | 0.03%Best |
| AUM | $6M | $1.0T |
| Dividend Yield | 0.00% | 1.05% |
| Holdings | 89 | 519 |
| YTD Return | +12.19%Best | +12.11% |
| 1Y Return | +9.80% | +12.50%Best |
| 3Y Return (annualized) | - | +21.54% |
| 5Y Return (annualized) | - | +11.93% |
| Volatility (annualized) | 23.0% | 11.8%Best |
| Max Drawdown | -19.4% | -8.9%Best |
| $10,000 over 1.6 years | $16,396Best | $14,797 |
| Top 10 Weight | 51.4% | 39.1%Best |
| Fund Family | Harbor Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Apr 16, 2025 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Apr 17, 2025 to Nov 11, 2026 (1.6 years).
TEC 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 1.6 years both funds cover.
TEC vs VOO Performance
Harbor Transformative Technologies ETF (TEC) is an ETF from Harbor Funds and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year TEC returned +9.80% while VOO returned +12.50%. Year to date, TEC is up 12.19% versus a gain of 12.11% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TEC has been the more volatile fund, with annualized monthly volatility of 23.0% compared with 11.8% 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 -19.4% for TEC and -8.9% 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 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
TEC charges 0.69% per year while VOO charges 0.03%. On a $10,000 position that is $69 vs $3 annually, a gap of $66 per year that compounds over a long holding period. On income, TEC currently yields 0.00% against 1.05% for VOO.
Holdings Overlap
79.3% of TEC's money is in holdings VOO also owns. 44.3% of VOO's money is in holdings TEC also owns.
Most of TEC is already inside VOO. Owning both mostly buys the same companies twice.
30 positions in common, counted across the 44 positions we hold weights for in TEC and 506 in VOO, against full books of 89 and 519.
What only one of them owns
Our book lists 471 positions for VOO that do not appear in our book for TEC (55.6% of the fund), and 9 for TEC that do not appear in VOO (11.3%).
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 TEC | Weight in VOO | Difference |
|---|---|---|---|
| AAPLApple Inc | 8.20% | 7.38% | 0.82% |
| NVDANvidia Corp | 6.78% | 8.39% | 1.61% |
| MSFTMicrosoft Corp | 6.25% | 5.78% | 0.47% |
| AMZNAmazon.Com Inc | 5.18% | 3.71% | 1.47% |
| GOOGLAlphabet Inc | 5.74% | 3.07% | 2.67% |
| AMDAdvanced Micro Devices Inc | 5.06% | 1.52% | 3.54% |
| AVGOBroadcom Inc | 3.42% | 2.54% | 0.88% |
| METAMeta Platforms Inc | 3.34% | 2.43% | 0.91% |
| MUMicron Technology, Inc. | 3.00% | 1.83% | 1.17% |
| LRCXLam Research Corporation | 3.84% | 0.62% | 3.22% |
79.3% of TEC 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, TEC or VOO?
TEC has an expense ratio of 0.69% while VOO charges 0.03%. VOO is the cheaper option, by $66 a year on a $10,000 investment.
Which performed better, TEC or VOO?
Over the past year TEC returned +9.80% vs +12.50% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), TEC annualized +36.21% vs +27.75% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TEC or VOO?
TEC has been the more volatile fund at 23.0% annualized versus 11.8% for VOO. Worst drawdown: TEC -19.4% vs VOO -8.9%.
Should I hold both TEC and VOO?
TEC and VOO have a monthly-return correlation of 0.87, 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 TEC and VOO?
79.3% of TEC's money is in holdings VOO also owns. 44.3% of VOO's is in holdings TEC also owns. They hold 30 positions in common, counted across the 44 positions we hold weights for in TEC and 506 in VOO.
Which pays a higher dividend, TEC or VOO?
TEC yields 0.00% while VOO yields 1.05%, so VOO currently pays the higher dividend yield.
Is VOO better than TEC?
VOO has a lower expense ratio. TEC led over the full window, VOO over 1Y. VOO is less concentrated, with 39.1% of the fund in its ten largest positions against 51.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.