TSMU vs VOO
GraniteShares 2x Long TSM Daily ETF vs Vanguard S&P 500 ETF
Which is better, TSMU or VOO?
Multi Alternative against Large Cap Blend.
VOO has a lower expense ratio. TSMU led over 1Y 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 | TSMU | VOO |
|---|---|---|
| Expense Ratio | 1.50% | 0.03%Best |
| AUM | $48M | $997.4B |
| Dividend Yield | 0.00% | 1.04% |
| Holdings | 2 | 509 |
| YTD Return | +43.65%Best | +11.55% |
| 1Y Return | +99.98%Best | +17.54% |
| 3Y Return (annualized) | - | +20.71% |
| 5Y Return (annualized) | - | +12.80% |
| Volatility (annualized) | 71.3% | 12.8%Best |
| Max Drawdown | -63.7% | -18.7%Best |
| $10,000 over 1.8 years | $28,122Best | $12,923 |
| Fund Family | GraniteShares | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Nov 11, 2024 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Nov 12, 2024 to Sep 10, 2026 (1.8 years).
TSMU 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.
TSMU vs VOO Performance
GraniteShares 2x Long TSM Daily ETF (TSMU) is an ETF from GraniteShares and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year TSMU returned +99.98% while VOO returned +17.54%. Year to date, TSMU is up 43.65% versus a gain of 11.55% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSMU has been the more volatile fund, with annualized monthly volatility of 71.3% 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 -63.7% for TSMU 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 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
TSMU charges 1.50% per year while VOO charges 0.03%. On a $10,000 position that is $150 vs $3 annually, a gap of $147 per year that compounds over a long holding period. On income, TSMU currently yields 0.00% against 1.04% for VOO.
Holdings Overlap
At least 0.2% of VOO's money is in holdings TSMU also owns.
Stated as a floor: for TSMU, our book for it covers 66.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 1 positions we hold weights for in TSMU and 505 in VOO, against full books of 2 and 509.
Top Shared Holdings
| Stock | Weight in TSMU | Weight in VOO | Difference |
|---|---|---|---|
| UBERUber Technologies Inc | 66.67% | 0.23% | 66.44% |
You are not choosing between two funds in isolation.
Whichever of TSMU 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, TSMU or VOO?
TSMU has an expense ratio of 1.50% while VOO charges 0.03%. VOO is the cheaper option, by $147 a year on a $10,000 investment.
Which performed better, TSMU or VOO?
Over the past year TSMU returned +99.98% vs +17.54% for VOO, so TSMU leads on 1-year performance. Over the longest common window we track (2 years), TSMU annualized +77.61% vs +15.31% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TSMU or VOO?
TSMU has been the more volatile fund at 71.3% annualized versus 12.8% for VOO. Worst drawdown: TSMU -63.7% vs VOO -18.7%.
Should I hold both TSMU and VOO?
TSMU and VOO have a monthly-return correlation of 0.62, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, TSMU or VOO?
TSMU yields 0.00% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than TSMU?
VOO has a lower expense ratio. TSMU led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.