VOO vs WCAP
Vanguard S&P 500 ETF vs WarCap Unconstrained Equity ETF
Which is better, VOO or WCAP?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 45.1%.
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 | WCAP |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.00% |
| AUM | $997.4B | $61M |
| Dividend Yield | 1.04% | 0.04% |
| Holdings | 509 | 31 |
| YTD Return | +12.37%Best | -5.64% |
| 1Y Return | +16.61%Best | -9.22% |
| 3Y Return (annualized) | +21.37% | - |
| 5Y Return (annualized) | +13.49% | - |
| Volatility (annualized) | 13.3% | 12.6%Best |
| Max Drawdown | -8.9%Best | -15.9% |
| $10,000 over 1 years | $11,711Best | $9,194 |
| Top 10 Weight | 37.6%Best | 45.1% |
| Fund Family | Vanguard (US) | Warren Capital Group |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 7, 2010 | Sep 11, 2025 |
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Sep 11, 2025 to Sep 18, 2026 (1 years).
VOO vs WCAP 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 covers the 1 years both funds cover.
VOO vs WCAP Performance
Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US) and WarCap Unconstrained Equity ETF (WCAP) is an ETF from Warren Capital Group. Over the past year VOO returned +16.61% while WCAP returned -9.22%. Year to date, VOO is up 12.37% versus a loss of 5.64% for WCAP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 12.6% for WCAP. 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 -8.9% for VOO and -15.9% for WCAP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VOO charges 0.03% per year while WCAP charges 1.00%. On a $10,000 position that is $3 vs $100 annually, a gap of $97 per year that compounds over a long holding period. On income, VOO currently yields 1.04% against 0.04% for WCAP.
Holdings Overlap
19.6% of VOO's money is in holdings WCAP also owns. 68.8% of WCAP's money is in holdings VOO also owns.
The two portfolios partly overlap.
The two holdings books were reported 92 days apart, VOO as of Jul 31, 2026 and WCAP as of Apr 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
21 positions in common, counted across the 494 positions we hold weights for in VOO and 30 in WCAP, against full books of 509 and 31.
What only one of them owns
Our book lists 2 positions for WCAP that do not appear in our book for VOO (7.3% of the fund), and 466 for VOO that do not appear in WCAP (79.5%).
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 WCAP | Difference |
|---|---|---|---|
| AAPLApple, Inc | 7.05% | 3.74% | 3.31% |
| GOOGLAlphabet Inc,class A | 3.24% | 3.49% | 0.25% |
| METAMeta Platforms Inc | 1.90% | 4.36% | 2.46% |
| TSLATesla Inc | 1.36% | 4.76% | 3.40% |
| GEVGe Vernova, Inc. | 0.41% | 4.99% | 4.58% |
| CRWDCrowdstrike Holdings Inc | 0.30% | 4.60% | 4.30% |
| NFLXNetflix, Inc. | 0.47% | 4.33% | 3.86% |
| MAMastercard Inc | 0.72% | 4.00% | 3.28% |
| FSLRFirst Solar, Inc | 0.04% | 4.46% | 4.42% |
| KOCoca Cola Co. | 0.53% | 2.99% | 2.46% |
68.8% of WCAP 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 WCAP?
VOO has an expense ratio of 0.03% while WCAP charges 1.00%. VOO is the cheaper option, by $97 a year on a $10,000 investment.
Which performed better, VOO or WCAP?
Over the past year VOO returned +16.61% vs -9.22% for WCAP, so VOO leads on 1-year performance. Over the longest common window we track (1 years), VOO annualized +17.11% vs -8.06% for WCAP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VOO or WCAP?
VOO has been the more volatile fund at 13.3% annualized versus 12.6% for WCAP. Worst drawdown: VOO -8.9% vs WCAP -15.9%.
Should I hold both VOO and WCAP?
VOO and WCAP have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between VOO and WCAP?
68.8% of WCAP's money is in holdings VOO also owns. 68.8% of WCAP's is in holdings VOO also owns. They hold 21 positions in common, counted across the 494 positions we hold weights for in VOO and 30 in WCAP.
Which pays a higher dividend, VOO or WCAP?
VOO yields 1.04% while WCAP yields 0.04%, so VOO currently pays the higher dividend yield.
Is WCAP better than VOO?
VOO has a lower expense ratio. VOO led over 1Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 45.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.