TMNS vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: TiedMore Diversified: VOO

Side-by-Side Comparison

MetricTMNSVOOWinner
Expense Ratio0.18%0.03%
AUM$22M$979.0B
Dividend Yield1.72%1.09%
Holdings139509
YTD Return+1.44%+13.44%
1Y Return-+22.62%
3Y Return (annualized)-+21.47%
5Y Return (annualized)-+13.27%
Volatility (annualized)-14.1%
Max Drawdown-1.3%-34.3%
Fund FamilyT.Rowe PriceVanguard (US)
CategoryFixed IncomeEquity
InceptionNov 19, 2025Sep 7, 2010

TMNS vs VOO Performance

T. Rowe Price Short Municipal Income ETF (TMNS) is a ETF from T.Rowe Price and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Year to date, TMNS is up 1.44% versus a gain of 13.44% for VOO.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -1.3% for TMNS and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

TMNS charges 0.18% per year while VOO charges 0.03%. On a $10,000 position that is $18 vs $3 annually, a gap of $15 per year that compounds over a long holding period. On income, TMNS currently yields 1.72% against 1.09% for VOO.

Holdings Overlap

0.0%overlap

TMNS and VOO share 0 holdings out of 543 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, TMNS or VOO?

TMNS has an expense ratio of 0.18% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $15 per year of difference.

What is the holdings overlap between TMNS and VOO?

TMNS and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 543 unique securities.

Which pays a higher dividend, TMNS or VOO?

TMNS yields 1.72% while VOO yields 1.09%, so TMNS currently pays the higher dividend yield.

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