USPX vs VOO
Franklin US Equity Index ETF vs Vanguard S&P 500 ETF
Which is better, USPX or VOO?
VOO has been ahead.
VOO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97.
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 | USPX | VOO |
|---|---|---|
| Expense Ratio | 0.03%Tie | 0.03%Tie |
| AUM | $2.1B | $997.4B |
| Dividend Yield | 1.06% | 1.04% |
| Holdings | 487 | 509 |
| YTD Return | +11.83% | +12.37%Best |
| 1Y Return | +15.82% | +16.61%Best |
| 3Y Return (annualized) | +21.26% | +21.37%Best |
| 5Y Return (annualized) | +12.66% | +13.49%Best |
| Volatility (annualized) | 14.0%Best | 15.3% |
| Max Drawdown | -31.2%Best | -34.3% |
| $10,000 over 5 years | $18,149 | $18,827Best |
| Top 10 Weight | 37.6%Tie | 37.6%Tie |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 1, 2016 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Jun 3, 2016 to Sep 18, 2026 (10.3 years).
USPX 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 10.3 years both funds cover.
USPX vs VOO Performance
Franklin US Equity Index ETF (USPX) is an ETF from Franklin Templeton Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year USPX returned +15.82% while VOO returned +16.61%. Year to date, USPX is up 11.83% versus a gain of 12.37% for VOO.
Over three years, USPX compounded at +21.26% per year against +21.37% for VOO; over five years the annualized figures are +12.66% and +13.49% respectively. Across the full 10-year window we track, VOO has the edge at +14.23% annualized vs +10.72%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 15.3% 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 what each fund did in the worst stretch of the window measured above.
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 1.06% against 1.04% for VOO.
Holdings Overlap
96.6% of USPX's money is in holdings VOO also owns. 96.9% of VOO's money is in holdings USPX also owns.
Most of VOO is already inside USPX. Owning both mostly buys the same companies twice.
403 positions in common, counted across the 469 positions we hold weights for in USPX and 494 in VOO, against full books of 487 and 509.
What only one of them owns
Our book lists 90 positions for VOO that do not appear in our book for USPX (2.6% of the fund), and 46 for USPX that do not appear in VOO (2.4%).
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 USPX | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.84% | 7.55% | 0.29% |
| AAPLApple, Inc | 7.04% | 7.05% | 0.01% |
| MSFTMicrosoft Corp | 5.70% | 5.36% | 0.34% |
| AMZNAmazon.Com Inc | 3.87% | 4.13% | 0.26% |
| GOOGLAlphabet Inc,class A | 3.01% | 3.24% | 0.23% |
| AVGOBroadcom Inc | 2.61% | 2.86% | 0.25% |
| GOOGAlphabet Inc | 2.39% | 2.62% | 0.23% |
| METAMeta Platforms Inc | 1.90% | 1.90% | 0.00% |
| MUMicron Technology, Inc. | 1.63% | 1.44% | 0.19% |
| TSLATesla Inc | 1.57% | 1.36% | 0.21% |
96.9% of VOO is already inside USPX.
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, USPX or VOO?
USPX has an expense ratio of 0.03% while VOO charges 0.03%. At the precision these are quoted to, they cost the same.
Which performed better, USPX or VOO?
Over the past year USPX returned +15.82% vs +16.61% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (10 years), USPX annualized +10.72% vs +14.23% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, USPX or VOO?
VOO has been the more volatile fund at 15.3% 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. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between USPX and VOO?
96.9% of VOO's money is in holdings USPX also owns. 96.9% of VOO's is in holdings USPX also owns. They hold 403 positions in common, counted across the 469 positions we hold weights for in USPX and 494 in VOO.
Which pays a higher dividend, USPX or VOO?
USPX yields 1.06% while VOO yields 1.04%, so USPX currently pays the higher dividend yield.
Is VOO better than USPX?
VOO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. Which one suits a particular account depends on what it is for. This is information, not a recommendation.