VNM vs VOO
VanEck Vietnam ETF 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 509 holdings.
Side-by-Side Comparison
| Metric | VNM | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.66% | 0.03% | |
| AUM | $490M | $997.4B | |
| Dividend Yield | 0.23% | 1.08% | |
| Holdings | 58 | 509 | |
| YTD Return | -6.49% | +12.68% | |
| 1Y Return | +1.53% | +21.87% | |
| 3Y Return (annualized) | +9.42% | +22.06% | |
| 5Y Return (annualized) | -0.28% | +12.95% | |
| Volatility (annualized) | 24.1% | 14.1% | |
| Max Drawdown | -62.7% | -34.3% | |
| Fund Family | VanEck | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Aug 11, 2009 | Sep 7, 2010 |
VNM vs VOO Performance
VanEck Vietnam ETF (VNM) is a ETF from VanEck and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year VNM returned +1.53% while VOO returned +21.87%. Year to date, VNM is down 6.49% versus a gain of 12.68% for VOO.
Over three years, VNM compounded at +9.42% per year against +22.06% for VOO; over five years the annualized figures are -0.28% and +12.95% respectively. Across the full 16-year window we track, VOO has the edge at +13.47% annualized vs -0.56%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VNM has been the more volatile fund, with annualized monthly volatility of 24.1% compared with 14.1% 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 -62.7% for VNM 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 0.58. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
VNM charges 0.66% per year while VOO charges 0.03%. On a $10,000 position that is $66 vs $3 annually, a gap of $63 per year that compounds over a long holding period. On income, VNM currently yields 0.23% against 1.08% for VOO.
Holdings Overlap
VNM and VOO share 0 holdings out of 560 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, VNM or VOO?
VNM has an expense ratio of 0.66% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $63 per year of difference.
Which performed better, VNM or VOO?
Over the past year VNM returned +1.53% vs +21.87% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), VNM annualized -0.56% vs +13.47% for VOO. Past performance does not guarantee future results.
Which is riskier, VNM or VOO?
VNM has been the more volatile fund at 24.1% annualized versus 14.1% for VOO. Worst drawdown: VNM -62.7% vs VOO -34.3%.
Should I hold both VNM and VOO?
VNM and VOO have a monthly-return correlation of 0.58, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between VNM and VOO?
VNM and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 560 unique securities.
Which pays a higher dividend, VNM or VOO?
VNM yields 0.23% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
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