VOO vs XHS
Vanguard S&P 500 ETF vs State Street SPDR S&P Health Care Services ETF
Which is better, VOO or XHS?
Large Cap Blend against Mid Cap Blend.
VOO has a lower expense ratio. VOO led over 3Y, 5Y and the full window, XHS over 1Y. XHS is less concentrated, with 23.2% of the fund in its ten largest positions against 37.6%.
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 | XHS |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.35% |
| AUM | $997.4B | $214M |
| Dividend Yield | 1.04% | 0.20% |
| Holdings | 509 | 61 |
| YTD Return | +12.25% | +28.09%Best |
| 1Y Return | +17.03% | +40.65%Best |
| 3Y Return (annualized) | +21.25%Best | +17.86% |
| 5Y Return (annualized) | +13.08%Best | +4.87% |
| Volatility (annualized) | 14.1%Best | 19.4% |
| Max Drawdown | -34.3%Best | -39.4% |
| $10,000 over 5 years | $18,490Best | $12,684 |
| Top 10 Weight | 37.6% | 23.2%Best |
| Fund Family | Vanguard (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Blend |
| Inception | Sep 7, 2010 | Sep 28, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Sep 29, 2011 to Sep 17, 2026 (15 years).
VOO vs XHS 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 15 years both funds cover.
VOO vs XHS Performance
Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US) and State Street SPDR S&P Health Care Services ETF (XHS) is an ETF from State Street Investment Management. Over the past year VOO returned +17.03% while XHS returned +40.65%. Year to date, VOO is up 12.25% versus a gain of 28.09% for XHS.
Over three years, VOO compounded at +21.25% per year against +17.86% for XHS; over five years the annualized figures are +13.08% and +4.87% respectively. Across the full 15-year window we track, VOO has the edge at +14.04% annualized vs +12.22%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XHS has been the more volatile fund, with annualized monthly volatility of 19.4% 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 -39.4% for XHS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VOO charges 0.03% per year while XHS 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 1.04% against 0.20% for XHS.
Holdings Overlap
1.7% of VOO's money is in holdings XHS also owns. 26.1% of XHS's money is in holdings VOO also owns.
XHS and VOO share little of their money.
15 positions in common, counted across the 494 positions we hold weights for in VOO and 60 in XHS, against full books of 509 and 61.
What only one of them owns
Measured across the 494 and 60 positions we hold weights for.
VOO holds 472 positions XHS does not, 97.5% of the fund.
Largest: NVDA 7.55%, AAPL 7.05%, MSFT 5.36%, AMZN 4.13%, GOOGL 3.24%
Top Shared Holdings
| Stock | Weight in VOO | Weight in XHS | Difference |
|---|---|---|---|
| UNHUnitedhealth Group, Inc. | 0.58% | 1.57% | 0.99% |
| LHLabcorp Holdings Inc | 0.04% | 2.03% | 1.99% |
| MCKMckesson Corp. | 0.16% | 1.83% | 1.67% |
| CORCencora Inc | 0.09% | 1.89% | 1.80% |
| DGXQuest Diagnostics Inc | 0.04% | 1.93% | 1.89% |
| UHSUniversal Health Services Inc. | 0.01% | 1.93% | 1.92% |
| HCAHca-the Healthcare Co | 0.10% | 1.82% | 1.72% |
| HSICHenry Schein Inc | 0.01% | 1.87% | 1.86% |
| CAHCardinal Health Inc. | 0.08% | 1.78% | 1.70% |
| HUMHumana Inc. | 0.07% | 1.72% | 1.65% |
26.1% of XHS 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.
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Frequently Asked Questions
Which is cheaper, VOO or XHS?
VOO has an expense ratio of 0.03% while XHS charges 0.35%. VOO is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, VOO or XHS?
Over the past year VOO returned +17.03% vs +40.65% for XHS, so XHS leads on 1-year performance. Over the longest common window we track (15 years), VOO annualized +14.04% vs +12.22% for XHS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VOO or XHS?
XHS has been the more volatile fund at 19.4% annualized versus 14.1% for VOO. Worst drawdown: VOO -34.3% vs XHS -39.4%.
Should I hold both VOO and XHS?
VOO and XHS have a monthly-return correlation of 0.71, 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 XHS?
26.1% of XHS's money is in holdings VOO also owns. 26.1% of XHS's is in holdings VOO also owns. They hold 15 positions in common, counted across the 494 positions we hold weights for in VOO and 60 in XHS.
Which pays a higher dividend, VOO or XHS?
VOO yields 1.04% while XHS yields 0.20%, so VOO currently pays the higher dividend yield.
Is XHS better than VOO?
VOO has a lower expense ratio. VOO led over 3Y, 5Y and the full window, XHS over 1Y. XHS is less concentrated, with 23.2% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.