VOO vs WBIY
Vanguard S&P 500 ETF vs WBI Power Factor High Dividend ETF
Quick Verdict
VOO has a lower expense ratio. WBIY delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | VOO | WBIY | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.97% | |
| AUM | $997.4B | $64M | |
| Dividend Yield | 1.08% | 4.06% | |
| Holdings | 509 | 51 | |
| YTD Return | +12.68% | +22.95% | |
| 1Y Return | +21.87% | +31.82% | |
| 3Y Return (annualized) | +22.06% | +19.41% | |
| 5Y Return (annualized) | +12.95% | +12.38% | |
| Volatility (annualized) | 14.1% | 21.7% | |
| Max Drawdown | -34.3% | -52.1% | |
| Fund Family | Vanguard (US) | WBI Investments | |
| Category | Equity | Equity | |
| Inception | Sep 7, 2010 | Dec 19, 2016 |
VOO vs WBIY Performance
Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US) and WBI Power Factor High Dividend ETF (WBIY) is a ETF from WBI Investments. Over the past year VOO returned +21.87% while WBIY returned +31.82%. Year to date, VOO is up 12.68% versus a gain of 22.95% for WBIY.
Over three years, VOO compounded at +22.06% per year against +19.41% for WBIY; over five years the annualized figures are +12.95% and +12.38% respectively. Across the full 10-year window we track, VOO has the edge at +13.47% annualized vs +7.46%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WBIY has been the more volatile fund, with annualized monthly volatility of 21.7% 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 -34.3% for VOO and -52.1% for WBIY. 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VOO charges 0.03% per year while WBIY charges 0.97%. On a $10,000 position that is $3 vs $97 annually, a gap of $94 per year that compounds over a long holding period. On income, VOO currently yields 1.08% against 4.06% for WBIY.
Holdings Overlap
VOO and WBIY share 18 holdings out of 537 unique holdings combined, representing a 2.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, VOO or WBIY?
VOO has an expense ratio of 0.03% while WBIY charges 0.97%. VOO is the cheaper option. On a $10,000 investment, that is $94 per year of difference.
Which performed better, VOO or WBIY?
Over the past year VOO returned +21.87% vs +31.82% for WBIY, so WBIY leads on 1-year performance. Over the longest common window we track (10 years), VOO annualized +13.47% vs +7.46% for WBIY. Past performance does not guarantee future results.
Which is riskier, VOO or WBIY?
WBIY has been the more volatile fund at 21.7% annualized versus 14.1% for VOO. Worst drawdown: VOO -34.3% vs WBIY -52.1%.
Should I hold both VOO and WBIY?
VOO and WBIY have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between VOO and WBIY?
VOO and WBIY share 18 common holdings with a 2.0% weight overlap. Combined, they hold 537 unique securities.
Which pays a higher dividend, VOO or WBIY?
VOO yields 1.08% while WBIY yields 4.06%, so WBIY currently pays the higher dividend yield.
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