TOLZ vs VOO
Proshares DJ Brookfield Global Infrastructure ETF vs Vanguard S&P 500 ETF
Which is better, TOLZ or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 39.6%.
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 | TOLZ | VOO |
|---|---|---|
| Expense Ratio | 0.46% | 0.03%Best |
| AUM | $174M | $997.4B |
| Dividend Yield | 3.01% | 1.04% |
| Holdings | 116 | 509 |
| YTD Return | +6.56% | +11.48%Best |
| 1Y Return | +9.31% | +15.94%Best |
| 3Y Return (annualized) | +13.10% | +21.01%Best |
| 5Y Return (annualized) | +7.40% | +12.66%Best |
| Volatility (annualized) | 14.4%Best | 14.7% |
| Max Drawdown | -39.3% | -34.3%Best |
| $10,000 over 5 years | $14,290 | $18,149Best |
| Top 10 Weight | 39.6% | 37.6%Best |
| Fund Family | ProShares | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Mar 25, 2014 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Mar 27, 2014 to Sep 15, 2026 (12.5 years).
TOLZ 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 12.5 years both funds cover.
TOLZ vs VOO Performance
Proshares DJ Brookfield Global Infrastructure ETF (TOLZ) is an ETF from ProShares and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year TOLZ returned +9.31% while VOO returned +15.94%. Year to date, TOLZ is up 6.56% versus a gain of 11.48% for VOO.
Over three years, TOLZ compounded at +13.10% per year against +21.01% for VOO; over five years the annualized figures are +7.40% and +12.66% respectively. Across the full 13-year window we track, VOO has the edge at +12.71% annualized vs +4.40%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 14.4% for TOLZ. 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 -39.3% for TOLZ and -34.3% 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
TOLZ charges 0.46% per year while VOO charges 0.03%. On a $10,000 position that is $46 vs $3 annually, a gap of $43 per year that compounds over a long holding period. On income, TOLZ currently yields 3.01% against 1.04% for VOO.
Holdings Overlap
35.5% of TOLZ's money is in holdings VOO also owns. 1.3% of VOO's money is in holdings TOLZ also owns.
The two portfolios partly overlap.
18 positions in common, counted across the 112 positions we hold weights for in TOLZ and 494 in VOO, against full books of 116 and 509.
What only one of them owns
Our book lists 469 positions for VOO that do not appear in our book for TOLZ (97.8% of the fund), and 28 for TOLZ that do not appear in VOO (17.4%).
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 TOLZ | Weight in VOO | Difference |
|---|---|---|---|
| WMBWilliams Cos. Inc. | 4.45% | 0.14% | 4.31% |
| AMTAmerican Tower Corporation | 3.97% | 0.13% | 3.84% |
| KMIKinder Morgan Inc./de | 3.06% | 0.10% | 2.96% |
| TRGPTarga Resources Corp Preferred | 3.05% | 0.09% | 2.96% |
| OKEOneok Inc. | 2.93% | 0.09% | 2.84% |
| SRESempra Common Stock | 2.59% | 0.09% | 2.50% |
| EXCExelon | 2.17% | 0.07% | 2.10% |
| EDConsolidated Edison Inc | 1.91% | 0.06% | 1.85% |
| CCICrown Castle International Corp | 1.61% | 0.05% | 1.56% |
| PCGPg&E Corp. | 1.42% | 0.06% | 1.36% |
35.5% of TOLZ 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, TOLZ or VOO?
TOLZ has an expense ratio of 0.46% while VOO charges 0.03%. VOO is the cheaper option, by $43 a year on a $10,000 investment.
Which performed better, TOLZ or VOO?
Over the past year TOLZ returned +9.31% vs +15.94% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (13 years), TOLZ annualized +4.40% vs +12.71% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TOLZ or VOO?
VOO has been the more volatile fund at 14.7% annualized versus 14.4% for TOLZ. Worst drawdown: TOLZ -39.3% vs VOO -34.3%.
Should I hold both TOLZ and VOO?
TOLZ and VOO have a monthly-return correlation of 0.72, 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 TOLZ and VOO?
35.5% of TOLZ's money is in holdings VOO also owns. 1.3% of VOO's is in holdings TOLZ also owns. They hold 18 positions in common, counted across the 112 positions we hold weights for in TOLZ and 494 in VOO.
Which pays a higher dividend, TOLZ or VOO?
TOLZ yields 3.01% while VOO yields 1.04%, so TOLZ currently pays the higher dividend yield.
Is VOO better than TOLZ?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 39.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.