VOO vs XOEX
Vanguard S&P 500 ETF vs Xtrackers S&P 100 Ex Top 20 ETF
Which is better, VOO or XOEX?
Large Cap Blend against Large Cap Value.
VOO has a lower expense ratio. XOEX led over 1Y. XOEX is less concentrated, with 25.3% of the fund in its ten largest positions against 36.4%.
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 | XOEX |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.15% |
| AUM | $997.4B | $273M |
| Dividend Yield | 1.04% | 1.42% |
| Holdings | 509 | 83 |
| YTD Return | +11.55%Best | +10.74% |
| 1Y Return | +17.54% | - |
| 3Y Return (annualized) | +20.71% | - |
| 5Y Return (annualized) | +12.80% | - |
| Top 10 Weight | 36.4% | 25.3%Best |
| Fund Family | Vanguard (US) | DWS |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Sep 7, 2010 | Nov 9, 2022 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
VOO vs XOEX 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
VOO vs XOEX Performance
Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US) and Xtrackers S&P 100 Ex Top 20 ETF (XOEX) is an ETF from DWS. Year to date, VOO is up 11.55% versus a gain of 10.74% for XOEX.
Past performance does not guarantee future results.
Fees and Cost Over Time
VOO charges 0.03% per year while XOEX charges 0.15%. On a $10,000 position that is $3 vs $15 annually, a gap of $12 per year that compounds over a long holding period. On income, VOO currently yields 1.04% against 1.42% for XOEX.
Holdings Overlap
23.3% of VOO's money is in holdings XOEX also owns. 98.3% of XOEX's money is in holdings VOO also owns.
Most of XOEX is already inside VOO. Owning both mostly buys the same companies twice.
The two holdings books were reported 62 days apart, VOO as of Jun 30, 2026 and XOEX as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
79 positions in common, counted across the 505 positions we hold weights for in VOO and 81 in XOEX, against full books of 509 and 83.
What only one of them owns
Our book lists 1 positions for XOEX that do not appear in our book for VOO (0.0% of the fund), and 417 for VOO that do not appear in XOEX (76.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in VOO | Weight in XOEX | Difference |
|---|---|---|---|
| MAMastercard Inc | 0.64% | 3.02% | 2.38% |
| ABBVAbbvie Inc. | 0.69% | 2.88% | 2.19% |
| LRCXLam Research Corpcommon Stock | 0.84% | 2.40% | 1.56% |
| AMATApplied Materials, Inc. | 0.89% | 2.31% | 1.42% |
| BACBank Of America Corp. | 0.58% | 2.57% | 1.99% |
| PLTRPalantir Technologies Inc | 0.42% | 2.72% | 2.30% |
| CATCaterpillar, Inc. | 0.76% | 2.34% | 1.58% |
| CVXChevron Corp. | 0.48% | 2.46% | 1.98% |
| UNHUnitedhealth Group Inc. | 0.59% | 2.25% | 1.66% |
| GEGeneral Electric Co. | 0.60% | 2.23% | 1.63% |
98.3% of XOEX is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, VOO or XOEX?
VOO has an expense ratio of 0.03% while XOEX charges 0.15%. VOO is the cheaper option, by $12 a year on a $10,000 investment.
What is the holdings overlap between VOO and XOEX?
98.3% of XOEX's money is in holdings VOO also owns. 98.3% of XOEX's is in holdings VOO also owns. They hold 79 positions in common, counted across the 505 positions we hold weights for in VOO and 81 in XOEX.
Which pays a higher dividend, VOO or XOEX?
VOO yields 1.04% while XOEX yields 1.42%, so XOEX currently pays the higher dividend yield.
Is XOEX better than VOO?
VOO has a lower expense ratio. XOEX led over 1Y. XOEX is less concentrated, with 25.3% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.