TOLL vs VOO
Tema Durable Quality ETF vs Vanguard S&P 500 ETF
Which is better, TOLL or VOO?
Large Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. TOLL led over 1Y, VOO over 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 | TOLL | VOO |
|---|---|---|
| Expense Ratio | 0.55% | 0.03%Best |
| AUM | $58M | $997.4B |
| Dividend Yield | 0.25% | 1.04% |
| Holdings | 37 | 509 |
| YTD Return | +14.28%Best | +12.23% |
| 1Y Return | +18.73%Best | +18.60% |
| 3Y Return (annualized) | +16.89% | +20.98%Best |
| 5Y Return (annualized) | - | +12.76% |
| Volatility (annualized) | 15.3% | 12.8%Best |
| Max Drawdown | -15.5%Best | -18.7% |
| $10,000 over 3.3 years | $16,130 | $19,207Best |
| Fund Family | Tema Global Limited | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | May 11, 2023 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.3 years row, are measured over the window both funds cover: May 11, 2023 to Sep 9, 2026 (3.3 years).
TOLL 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 3.3 years both funds cover.
TOLL vs VOO Performance
Tema Durable Quality ETF (TOLL) is an ETF from Tema Global Limited and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year TOLL returned +18.73% while VOO returned +18.60%. Year to date, TOLL is up 14.28% versus a gain of 12.23% for VOO.
Over three years, TOLL compounded at +16.89% per year against +20.98% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TOLL has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 12.8% 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 -15.5% for TOLL 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
TOLL charges 0.55% per year while VOO charges 0.03%. On a $10,000 position that is $55 vs $3 annually, a gap of $52 per year that compounds over a long holding period. On income, TOLL currently yields 0.25% against 1.04% for VOO.
Holdings Overlap
At least 10.8% of VOO's money is in holdings TOLL also owns.
Stated as a floor: for TOLL, our book for it covers 92.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VOO and TOLL share little of their money.
The two holdings books were reported 49 days apart, TOLL as of Aug 18, 2026 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
26 positions in common, counted across the 37 positions we hold weights for in TOLL and 505 in VOO, against full books of 37 and 509.
Top Shared Holdings
| Stock | Weight in TOLL | Weight in VOO | Difference |
|---|---|---|---|
| LRCXLam Research Corp | 5.65% | 0.84% | 4.81% |
| GEGeneral Electric Co. | 5.59% | 0.60% | 4.99% |
| VVisa Inc | 5.14% | 0.87% | 4.27% |
| AVGOBroadcom Inc | 2.97% | 2.77% | 0.20% |
| FTNTFortinet Inc. | 5.29% | 0.15% | 5.14% |
| KLACKla Corp. | 4.53% | 0.61% | 3.92% |
| CBOECboe Global Markets Inc. | 4.59% | 0.04% | 4.55% |
| AMATApplied Materials, Inc. | 3.27% | 0.89% | 2.38% |
| KEYSKeysight Technologies Inc. | 3.35% | 0.09% | 3.26% |
| TMOThermo Fisher Scientific Inc | 2.99% | 0.29% | 2.70% |
You are not choosing between two funds in isolation.
Whichever of TOLL 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, TOLL or VOO?
TOLL has an expense ratio of 0.55% while VOO charges 0.03%. VOO is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, TOLL or VOO?
Over the past year TOLL returned +18.73% vs +18.60% for VOO, so TOLL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TOLL or VOO?
TOLL has been the more volatile fund at 15.3% annualized versus 12.8% for VOO. Worst drawdown: TOLL -15.5% vs VOO -18.7%.
Should I hold both TOLL and VOO?
TOLL and VOO have a monthly-return correlation of 0.84, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between TOLL and VOO?
At least 10.8% of VOO's money is in holdings TOLL also owns. Our book for TOLL is partial, so the real figure is this or higher. They hold 26 positions in common, counted across the 37 positions we hold weights for in TOLL and 505 in VOO.
Which pays a higher dividend, TOLL or VOO?
TOLL yields 0.25% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than TOLL?
VOO has a lower expense ratio. TOLL led over 1Y, VOO over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.