VOO vs XMPT
Vanguard S&P 500 ETF vs VanEck CEF Municipal Income 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 | XMPT | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.97% | |
| AUM | $997.4B | $219M | |
| Dividend Yield | 1.08% | 6.39% | |
| Holdings | 509 | 40 | |
| YTD Return | +14.27% | -0.23% | |
| 1Y Return | +21.79% | +6.44% | |
| 3Y Return (annualized) | +22.19% | +6.02% | |
| 5Y Return (annualized) | +13.28% | -2.33% | |
| Volatility (annualized) | 14.2% | 42.2% | |
| Max Drawdown | -34.3% | -56.3% | |
| Fund Family | Vanguard (US) | VanEck | |
| Category | Equity | Tax Preferred | |
| Inception | Sep 7, 2010 | Jul 12, 2011 |
VOO vs XMPT Performance
Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US) and VanEck CEF Municipal Income ETF (XMPT) is a ETF from VanEck. Over the past year VOO returned +21.79% while XMPT returned +6.44%. Year to date, VOO is up 14.27% versus a loss of 0.23% for XMPT.
Over three years, VOO compounded at +22.19% per year against +6.02% for XMPT; over five years the annualized figures are +13.28% and -2.33% respectively. Across the full 15-year window we track, VOO has the edge at +13.59% annualized vs +3.89%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XMPT has been the more volatile fund, with annualized monthly volatility of 42.2% compared with 14.2% 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 -56.3% for XMPT. 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 0.04. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
VOO charges 0.03% per year while XMPT charges 1.97%. On a $10,000 position that is $3 vs $197 annually, a gap of $194 per year that compounds over a long holding period. On income, VOO currently yields 1.08% against 6.39% for XMPT.
Holdings Overlap
VOO and XMPT share 0 holdings out of 543 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 XMPT?
VOO has an expense ratio of 0.03% while XMPT charges 1.97%. VOO is the cheaper option. On a $10,000 investment, that is $194 per year of difference.
Which performed better, VOO or XMPT?
Over the past year VOO returned +21.79% vs +6.44% for XMPT, so VOO leads on 1-year performance. Over the longest common window we track (15 years), VOO annualized +13.59% vs +3.89% for XMPT. Past performance does not guarantee future results.
Which is riskier, VOO or XMPT?
XMPT has been the more volatile fund at 42.2% annualized versus 14.2% for VOO. Worst drawdown: VOO -34.3% vs XMPT -56.3%.
Should I hold both VOO and XMPT?
VOO and XMPT have a monthly-return correlation of 0.04, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between VOO and XMPT?
VOO and XMPT share 0 common holdings with a 0.0% weight overlap. Combined, they hold 543 unique securities.
Which pays a higher dividend, VOO or XMPT?
VOO yields 1.08% while XMPT yields 6.39%, so XMPT currently pays the higher dividend yield.
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