VOO vs VPX

Quick Verdict

VOO has a lower expense ratio. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: TiedMore Diversified: VOO

Side-by-Side Comparison

MetricVOOVPXWinner
Expense Ratio0.03%0.75%
AUM$979.0B$47M
Dividend Yield1.09%0.00%
Holdings50963
YTD Return+13.44%+26.14%
1Y Return+22.62%-
3Y Return (annualized)+21.47%-
5Y Return (annualized)+13.27%-
Volatility (annualized)14.1%-
Max Drawdown-34.3%-5.9%
Fund FamilyVanguard (US)Variant Perception, LLC
CategoryEquityEquity
InceptionSep 7, 2010Mar 11, 2026

VOO vs VPX Performance

Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US) and Variant Perception Cycle Aware US Equity ETF (VPX) is a ETF from Variant Perception, LLC. Year to date, VOO is up 13.44% versus a gain of 26.14% for VPX.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -34.3% for VOO and -5.9% for VPX. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

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 1.09% against 0.00% for VPX.

Holdings Overlap

41.7%overlap

VOO and VPX share 57 holdings out of 510 unique holdings combined, representing a 41.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in VOOWeight in VPXDifference
NVDA7.51%4.10%3.41%
AAPL6.59%3.35%3.24%
MSFT4.30%3.43%0.87%
AVGOProProPro
AMZNProProPro
MUProProPro
BRK.BProProPro
LLYProProPro
AMDProProPro
JPM:USProProPro
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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. On a $10,000 investment, that is $72 per year of difference.

What is the holdings overlap between VOO and VPX?

VOO and VPX share 57 common holdings with a 41.7% weight overlap. Combined, they hold 510 unique securities.

Which pays a higher dividend, VOO or VPX?

VOO yields 1.09% while VPX yields 0.00%, so VOO currently pays the higher dividend yield.

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