VOO vs WEPN
Vanguard S&P 500 ETF vs Nicholas Defense and Rare Earth Income ETF
Which is better, VOO or WEPN?
Large Cap Blend against Multi Alternative.
VOO has a lower expense ratio. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 57.3%.
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 | WEPN |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.11% |
| AUM | $997.4B | $7M |
| Dividend Yield | 1.04% | 5.97% |
| Holdings | 509 | 87 |
| YTD Return | +11.55%Best | -8.50% |
| 1Y Return | +17.54% | - |
| 3Y Return (annualized) | +20.71% | - |
| 5Y Return (annualized) | +12.80% | - |
| Top 10 Weight | 36.4%Best | 57.3% |
| Fund Family | Vanguard (US) | XFunds |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Multi Alternative |
| Inception | Sep 7, 2010 | Mar 3, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
VOO vs WEPN 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
VOO vs WEPN Performance
Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US) and Nicholas Defense and Rare Earth Income ETF (WEPN) is an ETF from XFunds. Year to date, VOO is up 11.55% versus a loss of 8.50% for WEPN.
Past performance does not guarantee future results.
Fees and Cost Over Time
VOO charges 0.03% per year while WEPN charges 1.11%. On a $10,000 position that is $3 vs $111 annually, a gap of $108 per year that compounds over a long holding period. On income, VOO currently yields 1.04% against 5.97% for WEPN.
Holdings Overlap
1.9% of VOO's money is in holdings WEPN also owns. 41.6% of WEPN's money is in holdings VOO also owns.
The two portfolios partly overlap.
The two holdings books were reported 48 days apart, VOO as of Jun 30, 2026 and WEPN as of Aug 17, 2026, so some of the difference between them is the time between the two reports rather than the funds.
9 positions in common, counted across the 505 positions we hold weights for in VOO and 30 in WEPN, against full books of 509 and 87.
What only one of them owns
Our book lists 18 positions for WEPN that do not appear in our book for VOO (55.0% of the fund), and 487 for VOO that do not appear in WEPN (97.5%).
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 WEPN | Difference |
|---|---|---|---|
| PANWPalo Alto Networks Inc. | 0.43% | 9.56% | 9.13% |
| CRWDCrowdstrike Holdings Inc. Class A | 0.30% | 8.14% | 7.84% |
| PLTRPalantir Technologies Inc | 0.42% | 4.99% | 4.57% |
| RTXRtx Corp. | 0.40% | 4.05% | 3.65% |
| AXONAxon Enterprise Inc | 0.07% | 4.28% | 4.21% |
| LMTLockheed Martin Corp | 0.16% | 3.41% | 3.25% |
| NOCNorthrop Grumman Corp. | 0.11% | 2.94% | 2.83% |
| HIIHuntington Ingalls Industries Inc. | 0.02% | 2.67% | 2.65% |
| ALBAlbemarle Corp. | 0.02% | 1.58% | 1.56% |
41.6% of WEPN 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 WEPN?
VOO has an expense ratio of 0.03% while WEPN charges 1.11%. VOO is the cheaper option, by $108 a year on a $10,000 investment.
What is the holdings overlap between VOO and WEPN?
41.6% of WEPN's money is in holdings VOO also owns. 41.6% of WEPN's is in holdings VOO also owns. They hold 9 positions in common, counted across the 505 positions we hold weights for in VOO and 30 in WEPN.
Which pays a higher dividend, VOO or WEPN?
VOO yields 1.04% while WEPN yields 5.97%, so WEPN currently pays the higher dividend yield.
Is WEPN better than VOO?
VOO has a lower expense ratio. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 57.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.