USPX vs VOO
Franklin US Equity Index ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | USPX | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.03% | |
| AUM | $2.1B | $997.4B | |
| Dividend Yield | 1.09% | 1.08% | |
| Holdings | 487 | 509 | |
| YTD Return | +13.20% | +13.49% | |
| 1Y Return | +20.10% | +20.64% | |
| 3Y Return (annualized) | +21.98% | +21.93% | |
| 5Y Return (annualized) | +12.22% | +12.95% | |
| Volatility (annualized) | 14.0% | 14.1% | |
| Max Drawdown | -31.2% | -34.3% | |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jun 1, 2016 | Sep 7, 2010 |
USPX vs VOO Performance
Franklin US Equity Index ETF (USPX) is a ETF from Franklin Templeton Investments (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year USPX returned +20.10% while VOO returned +20.64%. Year to date, USPX is up 13.20% versus a gain of 13.49% for VOO.
Over three years, USPX compounded at +21.98% per year against +21.93% for VOO; over five years the annualized figures are +12.22% and +12.95% respectively. Across the full 10-year window we track, VOO has the edge at +13.51% annualized vs +10.92%. 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 14.0% for USPX. 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 -31.2% for USPX 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 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
USPX charges 0.03% per year while VOO charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, USPX currently yields 1.09% against 1.08% for VOO.
Holdings Overlap
USPX and VOO share 412 holdings out of 567 unique holdings combined, representing a 96.0% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, USPX or VOO?
USPX has an expense ratio of 0.03% while VOO charges 0.03%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, USPX or VOO?
Over the past year USPX returned +20.10% vs +20.64% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (10 years), USPX annualized +10.92% vs +13.51% for VOO. Past performance does not guarantee future results.
Which is riskier, USPX or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 14.0% for USPX. Worst drawdown: USPX -31.2% vs VOO -34.3%.
Should I hold both USPX and VOO?
USPX and VOO have a monthly-return correlation of 0.97, 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 USPX and VOO?
USPX and VOO share 412 common holdings with a 96.0% weight overlap. Combined, they hold 567 unique securities.
Which pays a higher dividend, USPX or VOO?
USPX yields 1.09% while VOO yields 1.08%, so USPX 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.