VOO vs XSHD
Vanguard S&P 500 ETF vs Invesco S&P SmallCap High Dividend Low Volatility ETF
Which is better, VOO or XSHD?
Large Cap Blend against Small Cap Value.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. XSHD is less concentrated, with 30.6% 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 | XSHD |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.30% |
| AUM | $997.4B | $71M |
| Dividend Yield | 1.08% | 4.90% |
| Holdings | 509 | 55 |
| YTD Return | +12.74%Best | +9.23% |
| 1Y Return | +19.43%Best | +3.48% |
| 3Y Return (annualized) | +21.18%Best | +1.92% |
| 5Y Return (annualized) | +12.76%Best | -3.98% |
| Volatility (annualized) | 15.6%Best | 21.5% |
| Max Drawdown | -34.3%Best | -49.5% |
| $10,000 over 5 years | $18,230Best | $8,162 |
| Top 10 Weight | 36.4% | 30.6%Best |
| Fund Family | Vanguard (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Value |
| Inception | Sep 7, 2010 | Dec 1, 2016 |
Volatility and max drawdown are measured over the window both funds cover: Dec 1, 2016 to Sep 8, 2026 (9.8 years).
VOO vs XSHD 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 9.8 years both funds cover.
VOO vs XSHD Performance
Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US) and Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) is an ETF from Invesco (US). Over the past year VOO returned +19.43% while XSHD returned +3.48%. Year to date, VOO is up 12.74% versus a gain of 9.23% for XSHD.
Over three years, VOO compounded at +21.18% per year against +1.92% for XSHD; over five years the annualized figures are +12.76% and -3.98% respectively. Across the full 10-year window we track, VOO has the edge at +14.57% annualized vs -0.48%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XSHD has been the more volatile fund, with annualized monthly volatility of 21.5% compared with 15.6% 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 -49.5% for XSHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VOO charges 0.03% per year while XSHD charges 0.30%. On a $10,000 position that is $3 vs $30 annually, a gap of $27 per year that compounds over a long holding period. On income, VOO currently yields 1.08% against 4.90% for XSHD.
Holdings Overlap
3.1% of XSHD's money is in holdings VOO also owns.
XSHD and VOO share little of their money.
1 positions in common, counted across the 504 positions we hold weights for in VOO and 60 in XSHD, against full books of 509 and 55.
What only one of them owns
Our book lists 58 positions for XSHD that do not appear in our book for VOO (95.2% of the fund), and 494 for VOO that do not appear in XSHD (99.3%).
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 XSHD | Difference |
|---|---|---|---|
| CAGConagra Brands Inc. | 0.00% | 3.15% | 3.15% |
You are not choosing between two funds in isolation.
Whichever of VOO and XSHD 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 XSHD?
VOO has an expense ratio of 0.03% while XSHD charges 0.30%. VOO is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, VOO or XSHD?
Over the past year VOO returned +19.43% vs +3.48% for XSHD, so VOO leads on 1-year performance. Over the longest common window we track (10 years), VOO annualized +14.57% vs -0.48% for XSHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VOO or XSHD?
XSHD has been the more volatile fund at 21.5% annualized versus 15.6% for VOO. Worst drawdown: VOO -34.3% vs XSHD -49.5%.
Should I hold both VOO and XSHD?
VOO and XSHD have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between VOO and XSHD?
3.1% of XSHD's money is in holdings VOO also owns. 3.1% of XSHD's is in holdings VOO also owns. They hold 1 positions in common, counted across the 504 positions we hold weights for in VOO and 60 in XSHD.
Which pays a higher dividend, VOO or XSHD?
VOO yields 1.08% while XSHD yields 4.90%, so XSHD currently pays the higher dividend yield.
Is XSHD better than VOO?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. XSHD is less concentrated, with 30.6% 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.