VOO vs VPX
Vanguard S&P 500 ETF vs Variant Perception Cycle Aware US Equity ETF
Which is better, VOO or VPX?
VOO costs less.
VOO has a lower expense ratio. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 40.2%.
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 | VOO | VPX |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.75% |
| AUM | $997.4B | $55M |
| Dividend Yield | 1.04% | 0.00% |
| Holdings | 509 | 125 |
| YTD Return | +13.21% | +28.44%Best |
| 1Y Return | +17.37% | - |
| 3Y Return (annualized) | +22.66% | - |
| 5Y Return (annualized) | +13.14% | - |
| Top 10 Weight | 37.6%Best | 40.2% |
| Fund Family | Vanguard (US) | Variant Perception, LLC |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 7, 2010 | Mar 11, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
VOO vs VPX 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.
VOO vs VPX Performance
Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US) and Variant Perception Cycle Aware US Equity ETF (VPX) is an ETF from Variant Perception, LLC. Year to date, VOO is up 13.21% versus a gain of 28.44% for VPX.
Past performance does not guarantee future results.
Fees and Cost Over Time
VOO charges 0.03% per year while VPX charges 0.75%. On a $10,000 position that is $3 vs $75 annually, a gap of $72 per year that compounds over a long holding period. On income, VOO currently yields 1.04% against 0.00% for VPX.
Holdings Overlap
54.3% of VOO's money is in holdings VPX also owns. 98.0% of VPX's money is in holdings VOO also owns.
Most of VPX is already inside VOO. Owning both mostly buys the same companies twice.
122 positions in common, counted across the 494 positions we hold weights for in VOO and 127 in VPX, against full books of 509 and 125.
What only one of them owns
Our book lists 3 positions for VPX that do not appear in our book for VOO (0.6% of the fund), and 367 for VOO that do not appear in VPX (45.0%).
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 VOO | Weight in VPX | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.55% | 5.06% | 2.49% |
| AAPLApple, Inc | 7.05% | 4.08% | 2.97% |
| GOOGLAlphabet Inc,class A | 3.24% | 4.84% | 1.60% |
| AVGOBroadcom Inc | 2.86% | 4.99% | 2.13% |
| METAMeta Platforms Inc | 1.90% | 5.13% | 3.23% |
| MUMicron Technology, Inc. | 1.44% | 4.00% | 2.56% |
| XOMExxon Mobil Corp. | 1.00% | 3.63% | 2.63% |
| JPMJpmorgan Chase | 1.46% | 3.05% | 1.59% |
| AMDAdvanced Micro Devices Inc | 1.21% | 2.81% | 1.60% |
| CVXChevron Corp | 0.57% | 2.58% | 2.01% |
98.0% of VPX is already inside VOO.
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, VOO or VPX?
VOO has an expense ratio of 0.03% while VPX charges 0.75%. VOO is the cheaper option, by $72 a year on a $10,000 investment.
What is the holdings overlap between VOO and VPX?
98.0% of VPX's money is in holdings VOO also owns. 98.0% of VPX's is in holdings VOO also owns. They hold 122 positions in common, counted across the 494 positions we hold weights for in VOO and 127 in VPX.
Which pays a higher dividend, VOO or VPX?
VOO yields 1.04% while VPX yields 0.00%, so VOO currently pays the higher dividend yield.
Is VPX better than VOO?
VOO has a lower expense ratio. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 40.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.