TOAO vs VOO
Twin Oak Active Opportunities III ETF vs Vanguard S&P 500 ETF
Which is better, TOAO or VOO?
VOO costs less.
VOO has a lower expense ratio. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 57.2%.
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 | TOAO | VOO |
|---|---|---|
| Expense Ratio | 0.95% | 0.03%Best |
| AUM | $439M | $997.4B |
| Dividend Yield | 0.00% | 1.04% |
| Holdings | 49 | 509 |
| YTD Return | +6.55% | +11.98%Best |
| 1Y Return | - | +16.45% |
| 3Y Return (annualized) | - | +21.19% |
| 5Y Return (annualized) | - | +12.95% |
| Top 10 Weight | 57.2% | 37.6%Best |
| Fund Family | Twin Oak | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 24, 2026 | Sep 7, 2010 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
TOAO 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
TOAO vs VOO Performance
Twin Oak Active Opportunities III ETF (TOAO) is an ETF from Twin Oak and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Year to date, TOAO is up 6.55% versus a gain of 11.98% for VOO.
Past performance does not guarantee future results.
Fees and Cost Over Time
TOAO charges 0.95% per year while VOO charges 0.03%. On a $10,000 position that is $95 vs $3 annually, a gap of $92 per year that compounds over a long holding period. On income, TOAO currently yields 0.00% against 1.04% for VOO.
Holdings Overlap
65.7% of TOAO's money is in holdings VOO also owns. 29.4% of VOO's money is in holdings TOAO also owns.
The two portfolios partly overlap.
18 positions in common, counted across the 28 positions we hold weights for in TOAO and 494 in VOO, against full books of 49 and 509.
What only one of them owns
Our book lists 469 positions for VOO that do not appear in our book for TOAO (69.8% of the fund), and 5 for TOAO that do not appear in VOO (13.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in TOAO | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 6.33% | 7.55% | 1.22% |
| AMZNAmazon.Com Inc | 7.10% | 4.13% | 2.97% |
| MSFTMicrosoft Corp | 5.33% | 5.36% | 0.03% |
| AVGOBroadcom Inc | 5.44% | 2.86% | 2.58% |
| CRWDCrowdstrike Holdings Inc | 7.96% | 0.30% | 7.66% |
| GOOGAlphabet Inc | 4.63% | 2.62% | 2.01% |
| METAMeta Platforms Inc | 3.64% | 1.90% | 1.74% |
| AMDAdvanced Micro Devices Inc | 3.99% | 1.21% | 2.78% |
| SCHWSchwab Strategic T | 4.01% | 0.27% | 3.74% |
| VVisa Inc Class A | 2.75% | 0.93% | 1.82% |
65.7% of TOAO is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, TOAO or VOO?
TOAO has an expense ratio of 0.95% while VOO charges 0.03%. VOO is the cheaper option, by $92 a year on a $10,000 investment.
What is the holdings overlap between TOAO and VOO?
65.7% of TOAO's money is in holdings VOO also owns. 29.4% of VOO's is in holdings TOAO also owns. They hold 18 positions in common, counted across the 28 positions we hold weights for in TOAO and 494 in VOO.
Which pays a higher dividend, TOAO or VOO?
TOAO yields 0.00% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than TOAO?
VOO has a lower expense ratio. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 57.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.