VOO vs XPND
Vanguard S&P 500 ETF vs First Trust Expanded Technology ETF
Which is better, VOO or XPND?
Large Cap Blend against Large Cap Growth.
VOO has a lower expense ratio. VOO led over 1Y and 5Y, XPND over 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 48.2%.
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 | XPND |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.65% |
| AUM | $997.4B | $39M |
| Dividend Yield | 1.04% | 0.08% |
| Holdings | 509 | 102 |
| YTD Return | +12.50%Best | +8.52% |
| 1Y Return | +17.58%Best | +8.96% |
| 3Y Return (annualized) | +21.27% | +22.24%Best |
| 5Y Return (annualized) | +12.95%Best | +12.87% |
| Volatility (annualized) | 15.5%Best | 21.6% |
| Max Drawdown | -24.5%Best | -38.0% |
| $10,000 over 5 years | $18,384Best | $18,319 |
| Top 10 Weight | 36.4%Best | 48.2% |
| Fund Family | Vanguard (US) | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Sep 7, 2010 | Jun 14, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Jun 15, 2021 to Sep 11, 2026 (5.2 years).
VOO vs XPND 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 5.2 years both funds cover.
VOO vs XPND Performance
Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US) and First Trust Expanded Technology ETF (XPND) is an ETF from First Trust Portfolios (US). Over the past year VOO returned +17.58% while XPND returned +8.96%. Year to date, VOO is up 12.50% versus a gain of 8.52% for XPND.
Over three years, VOO compounded at +21.27% per year against +22.24% for XPND; over five years the annualized figures are +12.95% and +12.87% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XPND has been the more volatile fund, with annualized monthly volatility of 21.6% compared with 15.5% 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 -24.5% for VOO and -38.0% for XPND. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. 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 XPND charges 0.65%. On a $10,000 position that is $3 vs $65 annually, a gap of $62 per year that compounds over a long holding period. On income, VOO currently yields 1.04% against 0.08% for XPND.
Holdings Overlap
30.6% of VOO's money is in holdings XPND also owns. 97.6% of XPND's money is in holdings VOO also owns.
Most of XPND is already inside VOO. Owning both mostly buys the same companies twice.
The two holdings books were reported 63 days apart, VOO as of Jun 30, 2026 and XPND as of Sep 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
41 positions in common, counted across the 505 positions we hold weights for in VOO and 50 in XPND, against full books of 509 and 102.
What only one of them owns
Our book lists 9 positions for XPND that do not appear in our book for VOO (2.2% of the fund), and 455 for VOO that do not appear in XPND (68.8%).
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 XPND | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.51% | 4.86% | 2.65% |
| AAPLApple, Inc | 6.59% | 4.72% | 1.87% |
| GOOGLAlphabet A Usd 0.001 | 3.25% | 4.15% | 0.90% |
| AVGOBroadcom Inc | 2.77% | 3.86% | 1.09% |
| VVisa Inc | 0.87% | 5.41% | 4.54% |
| MAMastercard Inc | 0.64% | 5.55% | 4.91% |
| PLTRPalantir Technologies Inc | 0.42% | 5.54% | 5.12% |
| AMATApplied Materials, Inc. | 0.89% | 4.74% | 3.85% |
| LRCXLam Research Corpcommon Stock | 0.84% | 4.41% | 3.57% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.72% | 4.27% | 3.55% |
97.6% of XPND 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 XPND?
VOO has an expense ratio of 0.03% while XPND charges 0.65%. VOO is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, VOO or XPND?
Over the past year VOO returned +17.58% vs +8.96% for XPND, 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 XPND?
XPND has been the more volatile fund at 21.6% annualized versus 15.5% for VOO. Worst drawdown: VOO -24.5% vs XPND -38.0%.
Should I hold both VOO and XPND?
VOO and XPND have a monthly-return correlation of 0.91, 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.
What is the holdings overlap between VOO and XPND?
97.6% of XPND's money is in holdings VOO also owns. 97.6% of XPND's is in holdings VOO also owns. They hold 41 positions in common, counted across the 505 positions we hold weights for in VOO and 50 in XPND.
Which pays a higher dividend, VOO or XPND?
VOO yields 1.04% while XPND yields 0.08%, so VOO currently pays the higher dividend yield.
Is XPND better than VOO?
VOO has a lower expense ratio. VOO led over 1Y and 5Y, XPND over 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 48.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.