VOO vs WEEL
Vanguard S&P 500 ETF vs Peerless Option Income Wheel ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | VOO | WEEL | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.99% | |
| AUM | $979.0B | $39M | |
| Dividend Yield | 1.09% | 12.48% | |
| Holdings | 509 | 38 | |
| YTD Return | +13.44% | +8.88% | |
| 1Y Return | +22.62% | +17.66% | |
| 3Y Return (annualized) | +21.47% | - | |
| 5Y Return (annualized) | +13.27% | - | |
| Volatility (annualized) | 14.1% | 7.5% | |
| Max Drawdown | -34.3% | -17.4% | |
| Fund Family | Vanguard (US) | Peerless ETFs | |
| Category | Equity | Alternative | |
| Inception | Sep 7, 2010 | May 16, 2024 |
VOO vs WEEL Performance
Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US) and Peerless Option Income Wheel ETF (WEEL) is a ETF from Peerless ETFs. Over the past year VOO returned +22.62% while WEEL returned +17.66%. Year to date, VOO is up 13.44% versus a gain of 8.88% for WEEL.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 7.5% for WEEL. 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 -17.4% for WEEL. 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VOO charges 0.03% per year while WEEL charges 0.99%. On a $10,000 position that is $3 vs $99 annually, a gap of $96 per year that compounds over a long holding period. On income, VOO currently yields 1.09% against 12.48% for WEEL.
Holdings Overlap
VOO and WEEL share 0 holdings out of 515 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 WEEL?
VOO has an expense ratio of 0.03% while WEEL charges 0.99%. VOO is the cheaper option. On a $10,000 investment, that is $96 per year of difference.
Which performed better, VOO or WEEL?
Over the past year VOO returned +22.62% vs +17.66% for WEEL, so VOO leads on 1-year performance. Over the longest common window we track (2 years), VOO annualized +13.55% vs +13.52% for WEEL. Past performance does not guarantee future results.
Which is riskier, VOO or WEEL?
VOO has been the more volatile fund at 14.1% annualized versus 7.5% for WEEL. Worst drawdown: VOO -34.3% vs WEEL -17.4%.
Should I hold both VOO and WEEL?
VOO and WEEL have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between VOO and WEEL?
VOO and WEEL share 0 common holdings with a 0.0% weight overlap. Combined, they hold 515 unique securities.
Which pays a higher dividend, VOO or WEEL?
VOO yields 1.09% while WEEL yields 12.48%, so WEEL 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.