TEQI vs VOO
T. Rowe Price Equity Income ETF vs Vanguard S&P 500 ETF
Which is better, TEQI or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. TEQI led over 1Y, VOO over 3Y, 5Y and the full window. TEQI is less concentrated, with 28.5% of the fund in its ten largest positions against 37.6%.
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 | TEQI | VOO |
|---|---|---|
| Expense Ratio | 0.54% | 0.03%Best |
| AUM | $471M | $997.4B |
| Dividend Yield | 1.46% | 1.04% |
| Holdings | 115 | 509 |
| YTD Return | +14.76%Best | +11.01% |
| 1Y Return | +21.11%Best | +15.60% |
| 3Y Return (annualized) | +16.33% | +20.82%Best |
| 5Y Return (annualized) | +10.66% | +12.60%Best |
| Volatility (annualized) | 15.5% | 15.4%Best |
| Max Drawdown | -17.8%Best | -24.5% |
| $10,000 over 5 years | $16,594 | $18,101Best |
| Top 10 Weight | 28.5%Best | 37.6% |
| Fund Family | T.Rowe Price | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Aug 4, 2020 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Aug 5, 2020 to Sep 16, 2026 (6.1 years).
TEQI 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 6.1 years both funds cover.
TEQI vs VOO Performance
T. Rowe Price Equity Income ETF (TEQI) is an ETF from T.Rowe Price and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year TEQI returned +21.11% while VOO returned +15.60%. Year to date, TEQI is up 14.76% versus a gain of 11.01% for VOO.
Over three years, TEQI compounded at +16.33% per year against +20.82% for VOO; over five years the annualized figures are +10.66% and +12.60% respectively. Across the full 6-year window we track, VOO has the edge at +15.83% annualized vs +14.67%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TEQI has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 15.4% 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 -17.8% for TEQI and -24.5% 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
TEQI charges 0.54% per year while VOO charges 0.03%. On a $10,000 position that is $54 vs $3 annually, a gap of $51 per year that compounds over a long holding period. On income, TEQI currently yields 1.46% against 1.04% for VOO.
Holdings Overlap
86.4% of TEQI's money is in holdings VOO also owns. 41.0% of VOO's money is in holdings TEQI also owns.
Most of TEQI is already inside VOO. Owning both mostly buys the same companies twice.
91 positions in common, counted across the 111 positions we hold weights for in TEQI and 494 in VOO, against full books of 115 and 509.
What only one of them owns
Our book lists 396 positions for VOO that do not appear in our book for TEQI (58.1% of the fund), and 12 for TEQI that do not appear in VOO (5.3%).
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 TEQI | Weight in VOO | Difference |
|---|---|---|---|
| AAPLApple, Inc | 4.22% | 7.05% | 2.83% |
| MSFTMicrosoft Corp | 5.80% | 5.36% | 0.44% |
| AMZNAmazon.Com Inc | 6.19% | 4.13% | 2.06% |
| JPMJpmorgan Chase | 1.79% | 1.46% | 0.33% |
| GOOGAlphabet Inc | 0.02% | 2.62% | 2.60% |
| METAMeta Platforms Inc | 0.46% | 1.90% | 1.44% |
| METMetlife Inc. | 2.25% | 0.08% | 2.17% |
| XOMExxon Mobil Corp. | 1.26% | 1.00% | 0.26% |
| SOSouthern Co. | 1.86% | 0.17% | 1.69% |
| SCHWSchwab Strategic T | 1.75% | 0.27% | 1.48% |
86.4% of TEQI 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, TEQI or VOO?
TEQI has an expense ratio of 0.54% while VOO charges 0.03%. VOO is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, TEQI or VOO?
Over the past year TEQI returned +21.11% vs +15.60% for VOO, so TEQI leads on 1-year performance. Over the longest common window we track (6 years), TEQI annualized +14.67% vs +15.83% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TEQI or VOO?
TEQI has been the more volatile fund at 15.5% annualized versus 15.4% for VOO. Worst drawdown: TEQI -17.8% vs VOO -24.5%.
Should I hold both TEQI and VOO?
TEQI and VOO have a monthly-return correlation of 0.82, 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 TEQI and VOO?
86.4% of TEQI's money is in holdings VOO also owns. 41.0% of VOO's is in holdings TEQI also owns. They hold 91 positions in common, counted across the 111 positions we hold weights for in TEQI and 494 in VOO.
Which pays a higher dividend, TEQI or VOO?
TEQI yields 1.46% while VOO yields 1.04%, so TEQI currently pays the higher dividend yield.
Is VOO better than TEQI?
VOO has a lower expense ratio. TEQI led over 1Y, VOO over 3Y, 5Y and the full window. TEQI is less concentrated, with 28.5% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.