VOO vs XMAG
Vanguard S&P 500 ETF vs Defiance Large Cap ex-Mag 7 ETF
Which is better, VOO or XMAG?
Each has led over a different period.
VOO has a lower expense ratio. VOO led over the full window, XMAG over 1Y. XMAG is less concentrated, with 18.6% 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 | XMAG |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.35% |
| AUM | $997.4B | $182M |
| Dividend Yield | 1.04% | 0.46% |
| Holdings | 509 | 992 |
| YTD Return | +11.48% | +12.48%Best |
| 1Y Return | +15.94% | +16.17%Best |
| 3Y Return (annualized) | +21.01% | - |
| 5Y Return (annualized) | +12.66% | - |
| Volatility (annualized) | 12.9% | 12.0%Best |
| Max Drawdown | -18.7% | -16.2%Best |
| $10,000 over 1.9 years | $13,273Best | $12,835 |
| Top 10 Weight | 37.6% | 18.6%Best |
| Fund Family | Vanguard (US) | Defiance ETFs, LLC |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 7, 2010 | Oct 21, 2024 |
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Oct 22, 2024 to Sep 15, 2026 (1.9 years).
VOO vs XMAG 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 1.9 years both funds cover.
VOO vs XMAG Performance
Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US) and Defiance Large Cap ex-Mag 7 ETF (XMAG) is an ETF from Defiance ETFs, LLC. Over the past year VOO returned +15.94% while XMAG returned +16.17%. Year to date, VOO is up 11.48% versus a gain of 12.48% for XMAG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 12.0% for XMAG. 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 -18.7% for VOO and -16.2% for XMAG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VOO charges 0.03% per year while XMAG 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 0.46% for XMAG.
Holdings Overlap
63.9% of VOO's money is in holdings XMAG also owns. 93.9% of XMAG's money is in holdings VOO also owns.
Most of XMAG is already inside VOO. Owning both mostly buys the same companies twice.
419 positions in common, counted across the 494 positions we hold weights for in VOO and 493 in XMAG, against full books of 509 and 992.
What only one of them owns
Our book lists 67 positions for XMAG that do not appear in our book for VOO (5.5% of the fund), and 70 for VOO that do not appear in XMAG (35.3%).
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.
Top Shared Holdings
| Stock | Weight in VOO | Weight in XMAG | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.86% | 2.71% | 0.15% |
| MUMicron Technology, Inc. | 1.44% | 2.48% | 1.04% |
| LLYEli Lilly & Co. | 1.41% | 2.26% | 0.85% |
| JPMJpmorgan Chase | 1.46% | 2.19% | 0.73% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.46% | 1.62% | 0.16% |
| AMDAdvanced Micro Devices Inc | 1.21% | 1.76% | 0.55% |
| XOMExxon Mobil Corp. | 1.00% | 1.53% | 0.53% |
| JNJJohnson & Johnson - Common | 0.96% | 1.49% | 0.53% |
| VVisa Inc Class A | 0.93% | 1.45% | 0.52% |
| WMTWalmart, Inc. | 0.76% | 1.06% | 0.30% |
93.9% of XMAG 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 XMAG?
VOO has an expense ratio of 0.03% while XMAG charges 0.35%. VOO is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, VOO or XMAG?
Over the past year VOO returned +15.94% vs +16.17% for XMAG, so XMAG leads on 1-year performance. Over the longest common window we track (2 years), VOO annualized +16.07% vs +14.04% for XMAG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VOO or XMAG?
VOO has been the more volatile fund at 12.9% annualized versus 12.0% for XMAG. Worst drawdown: VOO -18.7% vs XMAG -16.2%.
Should I hold both VOO and XMAG?
VOO and XMAG have a monthly-return correlation of 0.87, 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 XMAG?
93.9% of XMAG's money is in holdings VOO also owns. 93.9% of XMAG's is in holdings VOO also owns. They hold 419 positions in common, counted across the 494 positions we hold weights for in VOO and 493 in XMAG.
Which pays a higher dividend, VOO or XMAG?
VOO yields 1.04% while XMAG yields 0.46%, so VOO currently pays the higher dividend yield.
Is XMAG better than VOO?
VOO has a lower expense ratio. VOO led over the full window, XMAG over 1Y. XMAG is less concentrated, with 18.6% 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.