VOO vs XMHQ
Vanguard S&P 500 ETF vs Invesco S&P MidCap Quality 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 | XMHQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.25% | |
| AUM | $997.4B | $5.7B | |
| Dividend Yield | 1.08% | 0.57% | |
| Holdings | 509 | 82 | |
| YTD Return | +12.38% | +14.60% | |
| 1Y Return | +20.22% | +14.70% | |
| 3Y Return (annualized) | +21.79% | +15.81% | |
| 5Y Return (annualized) | +12.84% | +10.67% | |
| Volatility (annualized) | 14.1% | 17.7% | |
| Max Drawdown | -34.3% | -58.4% | |
| Fund Family | Vanguard (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Sep 7, 2010 | Dec 1, 2006 |
VOO vs XMHQ Performance
Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US) and Invesco S&P MidCap Quality ETF (XMHQ) is a ETF from Invesco (US). Over the past year VOO returned +20.22% while XMHQ returned +14.70%. Year to date, VOO is up 12.38% versus a gain of 14.60% for XMHQ.
Over three years, VOO compounded at +21.79% per year against +15.81% for XMHQ; over five years the annualized figures are +12.84% and +10.67% respectively. Across the full 16-year window we track, VOO has the edge at +13.45% annualized vs +8.71%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XMHQ has been the more volatile fund, with annualized monthly volatility of 17.7% 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 -58.4% for XMHQ. 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VOO charges 0.03% per year while XMHQ 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 0.57% for XMHQ.
Holdings Overlap
VOO and XMHQ share 0 holdings out of 586 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 XMHQ?
VOO has an expense ratio of 0.03% while XMHQ 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 XMHQ?
Over the past year VOO returned +20.22% vs +14.70% for XMHQ, so VOO leads on 1-year performance. Over the longest common window we track (16 years), VOO annualized +13.45% vs +8.71% for XMHQ. Past performance does not guarantee future results.
Which is riskier, VOO or XMHQ?
XMHQ has been the more volatile fund at 17.7% annualized versus 14.1% for VOO. Worst drawdown: VOO -34.3% vs XMHQ -58.4%.
Should I hold both VOO and XMHQ?
VOO and XMHQ have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between VOO and XMHQ?
VOO and XMHQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 586 unique securities.
Which pays a higher dividend, VOO or XMHQ?
VOO yields 1.08% while XMHQ yields 0.57%, so VOO currently pays the higher dividend yield.
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