TLTI vs VOO
NEOS Enhanced Income 20+ Year Treasury Bond ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | TLTI | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.58% | 0.03% | |
| AUM | $17M | $997.4B | |
| Dividend Yield | 6.40% | 1.08% | |
| Holdings | 8 | 509 | |
| YTD Return | -5.52% | +12.25% | |
| 1Y Return | -3.59% | +20.92% | |
| 3Y Return (annualized) | - | +21.79% | |
| 5Y Return (annualized) | - | +13.05% | |
| Volatility (annualized) | 9.2% | 14.1% | |
| Max Drawdown | -10.6% | -34.3% | |
| Fund Family | NEOS | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Dec 12, 2024 | Sep 7, 2010 |
TLTI vs VOO Performance
NEOS Enhanced Income 20+ Year Treasury Bond ETF (TLTI) is a ETF from NEOS and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year TLTI returned -3.59% while VOO returned +20.92%. Year to date, TLTI is down 5.52% versus a gain of 12.25% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 9.2% for TLTI. 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 -10.6% for TLTI and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.08. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
TLTI charges 0.58% per year while VOO charges 0.03%. On a $10,000 position that is $58 vs $3 annually, a gap of $55 per year that compounds over a long holding period. On income, TLTI currently yields 6.40% against 1.08% for VOO.
Holdings Overlap
TLTI and VOO share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, TLTI or VOO?
TLTI has an expense ratio of 0.58% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $55 per year of difference.
Which performed better, TLTI or VOO?
Over the past year TLTI returned -3.59% vs +20.92% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), TLTI annualized -3.91% vs +13.45% for VOO. Past performance does not guarantee future results.
Which is riskier, TLTI or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 9.2% for TLTI. Worst drawdown: TLTI -10.6% vs VOO -34.3%.
Should I hold both TLTI and VOO?
TLTI and VOO have a monthly-return correlation of 0.08, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between TLTI and VOO?
TLTI and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, TLTI or VOO?
TLTI yields 6.40% while VOO yields 1.08%, so TLTI currently pays the higher dividend yield.
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