VOO vs XPP
Vanguard S&P 500 ETF vs ProShares Ultra FTSE China 50
Which is better, VOO or XPP?
Large Cap Blend against Trading-Leveraged Equity.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window.
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 | XPP |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.95% |
| AUM | $997.4B | $8M |
| Dividend Yield | 1.04% | 2.41% |
| Holdings | 509 | 7 |
| YTD Return | +14.14%Best | -26.77% |
| 1Y Return | +17.31%Best | -30.18% |
| 3Y Return (annualized) | +23.04%Best | +8.65% |
| 5Y Return (annualized) | +13.63%Best | -14.99% |
| Volatility (annualized) | 14.1%Best | 47.4% |
| Max Drawdown | -34.3%Best | -90.5% |
| $10,000 over 5 years | $18,944Best | $4,440 |
| Fund Family | Vanguard (US) | ProShares |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Leveraged Equity |
| Inception | Sep 7, 2010 | Jun 4, 2009 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 22, 2026 (16 years).
VOO vs XPP 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 XPP Performance
Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US) and ProShares Ultra FTSE China 50 (XPP) is an ETF from ProShares. Over the past year VOO returned +17.31% while XPP returned -30.18%. Year to date, VOO is up 14.14% versus a loss of 26.77% for XPP.
Over three years, VOO compounded at +23.04% per year against +8.65% for XPP; over five years the annualized figures are +13.63% and -14.99% respectively. Across the full 16-year window we track, VOO has the edge at +13.49% annualized vs -6.58%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XPP has been the more volatile fund, with annualized monthly volatility of 47.4% 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 -90.5% for XPP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.38. They move together some of the time, and apart the rest.
Fees and Cost Over Time
VOO charges 0.03% per year while XPP charges 0.95%. On a $10,000 position that is $3 vs $95 annually, a gap of $92 per year that compounds over a long holding period. On income, VOO currently yields 1.04% against 2.41% for XPP.
Holdings Overlap
We hold position weights for 494 holdings in VOO and 1 in XPP, totalling 99.5% and 41.7% 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 1 in XPP, against full books of 509 and 7.
You are not choosing between two funds in isolation.
Whichever of VOO and XPP 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 XPP?
VOO has an expense ratio of 0.03% while XPP charges 0.95%. VOO is the cheaper option, by $92 a year on a $10,000 investment.
Which performed better, VOO or XPP?
Over the past year VOO returned +17.31% vs -30.18% for XPP, so VOO leads on 1-year performance. Over the longest common window we track (16 years), VOO annualized +13.49% vs -6.58% for XPP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VOO or XPP?
XPP has been the more volatile fund at 47.4% annualized versus 14.1% for VOO. Worst drawdown: VOO -34.3% vs XPP -90.5%.
Should I hold both VOO and XPP?
VOO and XPP have a monthly-return correlation of 0.38, 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 XPP?
VOO yields 1.04% while XPP yields 2.41%, so XPP currently pays the higher dividend yield.
Is XPP better than VOO?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.