VOO vs XNOV
Vanguard S&P 500 ETF vs FT Vest US Equity Enhance & Moderate Buffer ETF - November
Which is better, VOO or XNOV?
Large Cap Blend against Multi Alternative.
VOO has a lower expense ratio. VOO led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90.
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 | XNOV |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.85% |
| AUM | $997.4B | $57M |
| Dividend Yield | 1.04% | 0.00% |
| Holdings | 509 | 12 |
| YTD Return | +12.50%Best | +6.36% |
| 1Y Return | +17.58%Best | +10.51% |
| 3Y Return (annualized) | +21.27% | - |
| 5Y Return (annualized) | +12.95% | - |
| Volatility (annualized) | 11.8% | 4.2%Best |
| Max Drawdown | -18.7% | -10.0%Best |
| $10,000 over 2.8 years | $17,406Best | $13,095 |
| Fund Family | Vanguard (US) | First Trust Portfolios (US) |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Multi Alternative |
| Inception | Sep 7, 2010 | Nov 17, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 20, 2023 to Sep 11, 2026 (2.8 years).
VOO vs XNOV 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 2.8 years both funds cover.
VOO vs XNOV Performance
Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US) and FT Vest US Equity Enhance & Moderate Buffer ETF - November (XNOV) is an ETF from First Trust Portfolios (US). Over the past year VOO returned +17.58% while XNOV returned +10.51%. Year to date, VOO is up 12.50% versus a gain of 6.36% for XNOV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 11.8% compared with 4.2% for XNOV. 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 -10.0% for XNOV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
VOO charges 0.03% per year while XNOV charges 0.85%. On a $10,000 position that is $3 vs $85 annually, a gap of $82 per year that compounds over a long holding period. On income, VOO currently yields 1.04% against 0.00% for XNOV.
You are not choosing between two funds in isolation.
Whichever of VOO and XNOV 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 XNOV?
VOO has an expense ratio of 0.03% while XNOV charges 0.85%. VOO is the cheaper option, by $82 a year on a $10,000 investment.
Which performed better, VOO or XNOV?
Over the past year VOO returned +17.58% vs +10.51% for XNOV, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VOO or XNOV?
VOO has been the more volatile fund at 11.8% annualized versus 4.2% for XNOV. Worst drawdown: VOO -18.7% vs XNOV -10.0%.
Should I hold both VOO and XNOV?
VOO and XNOV have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, VOO or XNOV?
VOO yields 1.04% while XNOV yields 0.00%, so VOO currently pays the higher dividend yield.
Is XNOV better than VOO?
VOO has a lower expense ratio. VOO led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.