THYF vs VOO
T. Rowe Price US High Yield ETF vs Vanguard S&P 500 ETF
Which is better, THYF or VOO?
High Yield Bond against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y 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 | THYF | VOO |
|---|---|---|
| Expense Ratio | 0.50% | 0.03%Best |
| AUM | $844M | $997.4B |
| Dividend Yield | 6.89% | 1.04% |
| Holdings | 107 | 509 |
| YTD Return | +1.44% | +12.25%Best |
| 1Y Return | +2.91% | +17.03%Best |
| 3Y Return (annualized) | +7.37% | +21.25%Best |
| 5Y Return (annualized) | - | +13.08% |
| Volatility (annualized) | 5.6%Best | 13.0% |
| Max Drawdown | -5.2%Best | -18.7% |
| $10,000 over 3.9 years | $13,331 | $21,058Best |
| Fund Family | T.Rowe Price | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Blend |
| Inception | Oct 25, 2022 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Oct 26, 2022 to Sep 17, 2026 (3.9 years).
THYF 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 3.9 years both funds cover.
THYF vs VOO Performance
T. Rowe Price US High Yield ETF (THYF) is an ETF from T.Rowe Price and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year THYF returned +2.91% while VOO returned +17.03%. Year to date, THYF is up 1.44% versus a gain of 12.25% for VOO.
Over three years, THYF compounded at +7.37% per year against +21.25% for VOO. Across the full 4-year window we track, VOO has the edge at +21.04% annualized vs +7.65%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 5.6% for THYF. 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 -5.2% for THYF 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
THYF charges 0.50% per year while VOO charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, THYF currently yields 6.89% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 56 holdings in THYF and 494 in VOO, totalling 48.2% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 56 positions we hold weights for in THYF and 494 in VOO, against full books of 107 and 509.
You are not choosing between two funds in isolation.
Whichever of THYF 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, THYF or VOO?
THYF has an expense ratio of 0.50% while VOO charges 0.03%. VOO is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, THYF or VOO?
Over the past year THYF returned +2.91% vs +17.03% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), THYF annualized +7.65% vs +21.04% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, THYF or VOO?
VOO has been the more volatile fund at 13.0% annualized versus 5.6% for THYF. Worst drawdown: THYF -5.2% vs VOO -18.7%.
Should I hold both THYF and VOO?
THYF and VOO have a monthly-return correlation of 0.83, 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, THYF or VOO?
THYF yields 6.89% while VOO yields 1.04%, so THYF currently pays the higher dividend yield.
Is VOO better than THYF?
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.