VOO vs XMVM
Vanguard S&P 500 ETF vs Invesco S&P MidCap Value with Momentum ETF
Which is better, VOO or XMVM?
Large Cap Blend against Mid Cap Value.
VOO has a lower expense ratio. VOO led over 3Y, 5Y and the full window, XMVM over 1Y. XMVM is less concentrated, with 22.1% 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 | XMVM |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.39% |
| AUM | $997.4B | $516M |
| Dividend Yield | 1.04% | 1.79% |
| Holdings | 509 | 82 |
| YTD Return | +13.31%Best | +11.54% |
| 1Y Return | +17.07% | +17.72%Best |
| 3Y Return (annualized) | +22.72%Best | +17.74% |
| 5Y Return (annualized) | +13.19%Best | +11.26% |
| Volatility (annualized) | 14.1%Best | 18.3% |
| Max Drawdown | -34.3%Best | -45.6% |
| $10,000 over 5 years | $18,580Best | $17,049 |
| Top 10 Weight | 37.6% | 22.1%Best |
| Fund Family | Vanguard (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Mid Cap Value |
| Inception | Sep 7, 2010 | Mar 3, 2005 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 23, 2026 (16 years).
VOO vs XMVM 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 16 years both funds cover.
VOO vs XMVM Performance
Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US) and Invesco S&P MidCap Value with Momentum ETF (XMVM) is an ETF from Invesco (US). Over the past year VOO returned +17.07% while XMVM returned +17.72%. Year to date, VOO is up 13.31% versus a gain of 11.54% for XMVM.
Over three years, VOO compounded at +22.72% per year against +17.74% for XMVM; over five years the annualized figures are +13.19% and +11.26% respectively. Across the full 16-year window we track, VOO has the edge at +13.43% annualized vs +11.25%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XMVM has been the more volatile fund, with annualized monthly volatility of 18.3% 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 -45.6% for XMVM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VOO charges 0.03% per year while XMVM charges 0.39%. On a $10,000 position that is $3 vs $39 annually, a gap of $36 per year that compounds over a long holding period. On income, VOO currently yields 1.04% against 1.79% for XMVM.
Holdings Overlap
We hold position weights for 494 holdings in VOO and 79 in XMVM, totalling 99.5% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 494 positions we hold weights for in VOO and 79 in XMVM, against full books of 509 and 82.
What only one of them owns
Measured across the 494 and 79 positions we hold weights for.
VOO holds 487 positions XMVM does not, 99.2% of the fund.
Largest: NVDA 7.55%, AAPL 7.05%, MSFT 5.36%, AMZN 4.13%, GOOGL 3.24%
You are not choosing between two funds in isolation.
Whichever of VOO and XMVM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, VOO or XMVM?
VOO has an expense ratio of 0.03% while XMVM charges 0.39%. VOO is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, VOO or XMVM?
Over the past year VOO returned +17.07% vs +17.72% for XMVM, so XMVM leads on 1-year performance. Over the longest common window we track (16 years), VOO annualized +13.43% vs +11.25% for XMVM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VOO or XMVM?
XMVM has been the more volatile fund at 18.3% annualized versus 14.1% for VOO. Worst drawdown: VOO -34.3% vs XMVM -45.6%.
Should I hold both VOO and XMVM?
VOO and XMVM have a monthly-return correlation of 0.83, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, VOO or XMVM?
VOO yields 1.04% while XMVM yields 1.79%, so XMVM currently pays the higher dividend yield.
Is XMVM better than VOO?
VOO has a lower expense ratio. VOO led over 3Y, 5Y and the full window, XMVM over 1Y. XMVM is less concentrated, with 22.1% 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.