VOO vs XMVM
Vanguard S&P 500 ETF vs Invesco S&P MidCap Value with Momentum ETF
Quick Verdict
VOO has a lower expense ratio. XMVM delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | VOO | XMVM | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.39% | |
| AUM | $979.0B | $502M | |
| Dividend Yield | 1.09% | 1.88% | |
| Holdings | 509 | 81 | |
| YTD Return | +13.72% | +17.35% | |
| 1Y Return | +21.63% | +34.10% | |
| 3Y Return (annualized) | +21.55% | +18.07% | |
| 5Y Return (annualized) | +13.26% | +11.82% | |
| Volatility (annualized) | 14.1% | 19.1% | |
| Max Drawdown | -34.3% | -63.8% | |
| Fund Family | Vanguard (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Sep 7, 2010 | Mar 3, 2005 |
VOO vs XMVM Performance
Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US) and Invesco S&P MidCap Value with Momentum ETF (XMVM) is a ETF from Invesco (US). Over the past year VOO returned +21.63% while XMVM returned +34.10%. Year to date, VOO is up 13.72% versus a gain of 17.35% for XMVM.
Over three years, VOO compounded at +21.55% per year against +18.07% for XMVM; over five years the annualized figures are +13.26% and +11.82% respectively. Across the full 16-year window we track, VOO has the edge at +13.56% annualized vs +8.23%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XMVM has been the more volatile fund, with annualized monthly volatility of 19.1% 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 -63.8% for XMVM. 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 0.83. 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 1.09% against 1.88% for XMVM.
Holdings Overlap
VOO and XMVM share 0 holdings out of 585 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 XMVM?
VOO has an expense ratio of 0.03% while XMVM charges 0.39%. VOO is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, VOO or XMVM?
Over the past year VOO returned +21.63% vs +34.10% for XMVM, so XMVM leads on 1-year performance. Over the longest common window we track (16 years), VOO annualized +13.56% vs +8.23% for XMVM. Past performance does not guarantee future results.
Which is riskier, VOO or XMVM?
XMVM has been the more volatile fund at 19.1% annualized versus 14.1% for VOO. Worst drawdown: VOO -34.3% vs XMVM -63.8%.
Should I hold both VOO and XMVM?
VOO and XMVM have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between VOO and XMVM?
VOO and XMVM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 585 unique securities.
Which pays a higher dividend, VOO or XMVM?
VOO yields 1.09% while XMVM yields 1.88%, so XMVM currently pays the higher dividend yield.
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