VOO vs XES
Vanguard S&P 500 ETF vs State Street SPDR S&P Oil & Gas Equipment & Services ETF
Which is better, VOO or XES?
Large Cap Blend against Small Cap Value.
VOO has a lower expense ratio. VOO led over 3Y and the full window, XES over 1Y and 5Y. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 40.9%.
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 | XES |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.35% |
| AUM | $997.4B | $391M |
| Dividend Yield | 1.08% | 1.17% |
| Holdings | 509 | 35 |
| YTD Return | +13.37% | +44.75%Best |
| 1Y Return | +20.08% | +75.62%Best |
| 3Y Return (annualized) | +21.29%Best | +9.53% |
| 5Y Return (annualized) | +12.89% | +19.83%Best |
| Volatility (annualized) | 14.1%Best | 40.7% |
| Max Drawdown | -34.3%Best | -95.9% |
| $10,000 over 5 years | $18,335 | $24,707Best |
| Top 10 Weight | 36.4%Best | 40.9% |
| Fund Family | Vanguard (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Value |
| Inception | Sep 7, 2010 | Jun 19, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 4, 2026 (16 years).
VOO vs XES 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 16 years both funds cover.
VOO vs XES Performance
Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US) and State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) is an ETF from State Street Investment Management. Over the past year VOO returned +20.08% while XES returned +75.62%. Year to date, VOO is up 13.37% versus a gain of 44.75% for XES.
Over three years, VOO compounded at +21.29% per year against +9.53% for XES; over five years the annualized figures are +12.89% and +19.83% respectively. Across the full 16-year window we track, VOO has the edge at +13.48% annualized vs -4.68%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XES has been the more volatile fund, with annualized monthly volatility of 40.7% 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 -95.9% for XES. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
VOO charges 0.03% per year while XES charges 0.35%. On a $10,000 position that is $3 vs $35 annually, a gap of $32 per year that compounds over a long holding period. On income, VOO currently yields 1.08% against 1.17% for XES.
Holdings Overlap
0.2% of VOO's money is in holdings XES also owns. 10.7% of XES's money is in holdings VOO also owns.
XES and VOO share little of their money.
3 positions in common, counted across the 505 positions we hold weights for in VOO and 35 in XES, against full books of 509 and 35.
What only one of them owns
Our book lists 29 positions for XES that do not appear in our book for VOO (78.2% of the fund), and 494 for VOO that do not appear in XES (99.3%).
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.
You are not choosing between two funds in isolation.
Whichever of VOO and XES you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, VOO or XES?
VOO has an expense ratio of 0.03% while XES charges 0.35%. VOO is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, VOO or XES?
Over the past year VOO returned +20.08% vs +75.62% for XES, so XES leads on 1-year performance. Over the longest common window we track (16 years), VOO annualized +13.48% vs -4.68% for XES. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VOO or XES?
XES has been the more volatile fund at 40.7% annualized versus 14.1% for VOO. Worst drawdown: VOO -34.3% vs XES -95.9%.
Should I hold both VOO and XES?
VOO and XES have a monthly-return correlation of 0.59, 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 XES?
10.7% of XES's money is in holdings VOO also owns. 10.7% of XES's is in holdings VOO also owns. They hold 3 positions in common, counted across the 505 positions we hold weights for in VOO and 35 in XES.
Which pays a higher dividend, VOO or XES?
VOO yields 1.08% while XES yields 1.17%, so XES currently pays the higher dividend yield.
Is XES better than VOO?
VOO has a lower expense ratio. VOO led over 3Y and the full window, XES over 1Y and 5Y. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 40.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.