TFJL vs VOO
Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly vs Vanguard S&P 500 ETF
Which is better, TFJL or VOO?
Multi Alternative against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window.
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 | TFJL | VOO |
|---|---|---|
| Expense Ratio | 0.79% | 0.03%Best |
| AUM | $4M | $997.4B |
| Dividend Yield | 0.00% | 1.04% |
| Holdings | 9 | 509 |
| YTD Return | -5.83% | +12.50%Best |
| 1Y Return | -9.45% | +17.58%Best |
| 3Y Return (annualized) | -1.30% | +21.27%Best |
| 5Y Return (annualized) | -4.83% | +12.95%Best |
| Volatility (annualized) | 8.4%Best | 15.4% |
| Max Drawdown | -25.8% | -24.5%Best |
| $10,000 over 5 years | $7,807 | $18,384Best |
| Fund Family | Innovator ETFs Trust | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Aug 17, 2020 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Aug 18, 2020 to Sep 11, 2026 (6.1 years).
TFJL 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.
TFJL vs VOO Performance
Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly (TFJL) is an ETF from Innovator ETFs Trust and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year TFJL returned -9.45% while VOO returned +17.58%. Year to date, TFJL is down 5.83% versus a gain of 12.50% for VOO.
Over three years, TFJL compounded at -1.30% per year against +21.27% for VOO; over five years the annualized figures are -4.83% and +12.95% respectively. Across the full 6-year window we track, VOO has the edge at +15.85% annualized vs -4.74%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 8.4% for TFJL. 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 -25.8% for TFJL 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 0.39. They move together some of the time, and apart the rest.
Fees and Cost Over Time
TFJL charges 0.79% per year while VOO charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, TFJL currently yields 0.00% against 1.04% for VOO.
You are not choosing between two funds in isolation.
Whichever of TFJL and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, TFJL or VOO?
TFJL has an expense ratio of 0.79% while VOO charges 0.03%. VOO is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, TFJL or VOO?
Over the past year TFJL returned -9.45% vs +17.58% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (6 years), TFJL annualized -4.74% vs +15.85% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TFJL or VOO?
VOO has been the more volatile fund at 15.4% annualized versus 8.4% for TFJL. Worst drawdown: TFJL -25.8% vs VOO -24.5%.
Should I hold both TFJL and VOO?
TFJL and VOO have a monthly-return correlation of 0.39, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, TFJL or VOO?
TFJL yields 0.00% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than TFJL?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.