TMDV vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricTMDVVOOWinner
Expense Ratio0.35%0.03%
AUM$5M$979.0B
Dividend Yield2.53%1.09%
Holdings66509
YTD Return+14.85%+14.48%
1Y Return+11.13%+22.02%
3Y Return (annualized)+6.65%+21.80%
5Y Return (annualized)+4.21%+13.36%
Volatility (annualized)16.3%14.2%
Max Drawdown-33.4%-34.3%
Fund FamilyProSharesVanguard (US)
CategoryEquityEquity
InceptionNov 5, 2019Sep 7, 2010

TMDV vs VOO Performance

ProShares Russell US Dividend Growers ETF (TMDV) is a ETF from ProShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year TMDV returned +11.13% while VOO returned +22.02%. Year to date, TMDV is up 14.85% versus a gain of 14.48% for VOO.

Over three years, TMDV compounded at +6.65% per year against +21.80% for VOO; over five years the annualized figures are +4.21% and +13.36% respectively. Across the full 7-year window we track, VOO has the edge at +13.61% annualized vs +6.83%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

TMDV has been the more volatile fund, with annualized monthly volatility of 16.3% compared with 14.2% 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 -33.4% for TMDV 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 0.80. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

TMDV charges 0.35% per year while VOO charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, TMDV currently yields 2.53% against 1.09% for VOO.

Holdings Overlap

6.3%overlap

TMDV and VOO share 39 holdings out of 531 unique holdings combined, representing a 6.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in TMDVWeight in VOODifference
JNJ1.64%0.95%0.69%
WMT1.38%0.77%0.61%
PG1.51%0.53%0.98%
KOProProPro
GPCProProPro
ABTProProPro
CVXProProPro
SPGIProProPro
PEPProProPro
SHWProProPro
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Frequently Asked Questions

Which is cheaper, TMDV or VOO?

TMDV has an expense ratio of 0.35% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $32 per year of difference.

Which performed better, TMDV or VOO?

Over the past year TMDV returned +11.13% vs +22.02% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (7 years), TMDV annualized +6.83% vs +13.61% for VOO. Past performance does not guarantee future results.

Which is riskier, TMDV or VOO?

TMDV has been the more volatile fund at 16.3% annualized versus 14.2% for VOO. Worst drawdown: TMDV -33.4% vs VOO -34.3%.

Should I hold both TMDV and VOO?

TMDV and VOO have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between TMDV and VOO?

TMDV and VOO share 39 common holdings with a 6.3% weight overlap. Combined, they hold 531 unique securities.

Which pays a higher dividend, TMDV or VOO?

TMDV yields 2.53% while VOO yields 1.09%, so TMDV currently pays the higher dividend yield.

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