VOO vs VTEC
Vanguard S&P 500 ETF vs Vanguard California Tax-Exempt Bond ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VTEC offers more diversification with 702 holdings.
Side-by-Side Comparison
| Metric | VOO | VTEC | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.06% | |
| AUM | $979.0B | $2.8B | |
| Dividend Yield | 1.09% | 3.14% | |
| Holdings | 509 | 3,617 | |
| YTD Return | +13.80% | -1.15% | |
| 1Y Return | +23.71% | +2.99% | |
| 3Y Return (annualized) | +21.50% | - | |
| 5Y Return (annualized) | +13.44% | - | |
| Volatility (annualized) | 14.1% | 3.9% | |
| Max Drawdown | -34.3% | -4.5% | |
| Fund Family | Vanguard (US) | Vanguard (US) | |
| Category | Equity | Tax Preferred | |
| Inception | Sep 7, 2010 | Jan 26, 2024 |
VOO vs VTEC Performance
Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US) and Vanguard California Tax-Exempt Bond ETF (VTEC) is a ETF from Vanguard (US). Over the past year VOO returned +23.71% while VTEC returned +2.99%. Year to date, VOO is up 13.80% versus a loss of 1.15% for VTEC.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 3.9% for VTEC. 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 -34.3% for VOO and -4.5% for VTEC. 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
VOO charges 0.03% per year while VTEC charges 0.06%. On a $10,000 position that is $3 vs $6 annually, a gap of $3 per year that compounds over a long holding period. On income, VOO currently yields 1.09% against 3.14% for VTEC.
Holdings Overlap
VOO and VTEC share 0 holdings out of 1207 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, VOO or VTEC?
VOO has an expense ratio of 0.03% while VTEC charges 0.06%. VOO is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, VOO or VTEC?
Over the past year VOO returned +23.71% vs +2.99% for VTEC, so VOO leads on 1-year performance. Over the longest common window we track (3 years), VOO annualized +13.58% vs +1.57% for VTEC. Past performance does not guarantee future results.
Which is riskier, VOO or VTEC?
VOO has been the more volatile fund at 14.1% annualized versus 3.9% for VTEC. Worst drawdown: VOO -34.3% vs VTEC -4.5%.
Should I hold both VOO and VTEC?
VOO and VTEC have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between VOO and VTEC?
VOO and VTEC share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1207 unique securities.
Which pays a higher dividend, VOO or VTEC?
VOO yields 1.09% while VTEC yields 3.14%, so VTEC 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.