UMAR vs VOO
UMAR vs VOO
Innovator US Equity Ultra Buffer ETF - March vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | UMAR | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.03% | |
| AUM | $194M | $979.0B | |
| Dividend Yield | 0.00% | 1.09% | |
| Holdings | 6 | 509 | |
| YTD Return | +7.31% | +13.80% | |
| 1Y Return | +12.60% | +23.71% | |
| 3Y Return (annualized) | +12.45% | +21.50% | |
| 5Y Return (annualized) | +7.92% | +13.44% | |
| Volatility (annualized) | 6.0% | 14.1% | |
| Max Drawdown | -11.1% | -34.3% | |
| Fund Family | Innovator ETFs Trust | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Feb 28, 2020 | Sep 7, 2010 |
UMAR vs VOO Performance
Innovator US Equity Ultra Buffer ETF - March (UMAR) is a ETF from Innovator ETFs Trust and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year UMAR returned +12.60% while VOO returned +23.71%. Year to date, UMAR is up 7.31% versus a gain of 13.80% for VOO.
Over three years, UMAR compounded at +12.45% per year against +21.50% for VOO; over five years the annualized figures are +7.92% and +13.44% respectively. Across the full 6-year window we track, VOO has the edge at +13.58% annualized vs +7.83%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 6.0% for UMAR. 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 -11.1% for UMAR and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
UMAR charges 0.79% per year while VOO charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, UMAR currently yields 0.00% against 1.09% for VOO.
Holdings Overlap
UMAR and VOO share 0 holdings out of 506 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, UMAR or VOO?
UMAR has an expense ratio of 0.79% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $76 per year of difference.
Which performed better, UMAR or VOO?
Over the past year UMAR returned +12.60% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (6 years), UMAR annualized +7.83% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, UMAR or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 6.0% for UMAR. Worst drawdown: UMAR -11.1% vs VOO -34.3%.
Should I hold both UMAR and VOO?
UMAR and VOO have a monthly-return correlation of 0.91, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between UMAR and VOO?
UMAR and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, UMAR or VOO?
UMAR yields 0.00% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.