VOO vs XLUI

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricVOOXLUIWinner
Expense Ratio0.03%0.35%
AUM$979.0B$26M
Dividend Yield1.09%12.29%
Holdings50914
YTD Return+14.48%+5.73%
1Y Return+22.02%+5.47%
3Y Return (annualized)+21.80%-
5Y Return (annualized)+13.36%-
Volatility (annualized)14.2%9.4%
Max Drawdown-34.3%-6.8%
Fund FamilyVanguard (US)State Street Investment Management
CategoryEquityEquity
InceptionSep 7, 2010Jul 29, 2025

VOO vs XLUI Performance

Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US) and State Street Utilities Select Sector SPDR Premium Income ETF (XLUI) is a ETF from State Street Investment Management. Over the past year VOO returned +22.02% while XLUI returned +5.47%. Year to date, VOO is up 14.48% versus a gain of 5.73% for XLUI.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 9.4% for XLUI. 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 -6.8% for XLUI. 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 -0.01. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

VOO charges 0.03% per year while XLUI 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 1.09% against 12.29% for XLUI.

Holdings Overlap

0.0%overlap

VOO and XLUI 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 XLUI?

VOO has an expense ratio of 0.03% while XLUI charges 0.35%. VOO is the cheaper option. On a $10,000 investment, that is $32 per year of difference.

Which performed better, VOO or XLUI?

Over the past year VOO returned +22.02% vs +5.47% for XLUI, so VOO leads on 1-year performance. Over the longest common window we track (1 years), VOO annualized +13.61% vs +6.82% for XLUI. Past performance does not guarantee future results.

Which is riskier, VOO or XLUI?

VOO has been the more volatile fund at 14.2% annualized versus 9.4% for XLUI. Worst drawdown: VOO -34.3% vs XLUI -6.8%.

Should I hold both VOO and XLUI?

VOO and XLUI have a monthly-return correlation of -0.01, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between VOO and XLUI?

VOO and XLUI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.

Which pays a higher dividend, VOO or XLUI?

VOO yields 1.09% while XLUI yields 12.29%, so XLUI currently pays the higher dividend yield.

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