VOO vs WTMU
Vanguard S&P 500 ETF vs WisdomTree Core Laddered Municipal Fund ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | VOO | WTMU | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.25% | |
| AUM | $997.4B | $9M | |
| Dividend Yield | 1.08% | 3.23% | |
| Holdings | 509 | 107 | |
| YTD Return | +12.25% | -0.14% | |
| 1Y Return | +20.92% | +3.33% | |
| 3Y Return (annualized) | +21.79% | - | |
| 5Y Return (annualized) | +13.05% | - | |
| Volatility (annualized) | 14.1% | 3.4% | |
| Max Drawdown | -34.3% | -4.2% | |
| Fund Family | Vanguard (US) | WisdomTree Investments | |
| Category | Equity | Tax Preferred | |
| Inception | Sep 7, 2010 | Apr 3, 2025 |
VOO vs WTMU Performance
Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US) and WisdomTree Core Laddered Municipal Fund ETF (WTMU) is a ETF from WisdomTree Investments. Over the past year VOO returned +20.92% while WTMU returned +3.33%. Year to date, VOO is up 12.25% versus a loss of 0.14% for WTMU.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 3.4% for WTMU. 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 -4.2% for WTMU. 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 0.52. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
VOO charges 0.03% per year while WTMU charges 0.25%. On a $10,000 position that is $3 vs $25 annually, a gap of $22 per year that compounds over a long holding period. On income, VOO currently yields 1.08% against 3.23% for WTMU.
Holdings Overlap
VOO and WTMU share 0 holdings out of 506 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 WTMU?
VOO has an expense ratio of 0.03% while WTMU charges 0.25%. VOO is the cheaper option. On a $10,000 investment, that is $22 per year of difference.
Which performed better, VOO or WTMU?
Over the past year VOO returned +20.92% vs +3.33% for WTMU, so VOO leads on 1-year performance. Over the longest common window we track (1 years), VOO annualized +13.45% vs +3.95% for WTMU. Past performance does not guarantee future results.
Which is riskier, VOO or WTMU?
VOO has been the more volatile fund at 14.1% annualized versus 3.4% for WTMU. Worst drawdown: VOO -34.3% vs WTMU -4.2%.
Should I hold both VOO and WTMU?
VOO and WTMU have a monthly-return correlation of 0.52, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between VOO and WTMU?
VOO and WTMU share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, VOO or WTMU?
VOO yields 1.08% while WTMU yields 3.23%, so WTMU 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.