VOO vs XSOE
Vanguard S&P 500 ETF vs WisdomTree Emerging Markets Ex-State Owned Enterprises Fund
Which is better, VOO or XSOE?
Each has led over a different period.
VOO has a lower expense ratio. VOO led over 3Y, 5Y and the full window, XSOE over 1Y. XSOE is less concentrated, with 35.2% of the fund in its ten largest positions against 37.6%.
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 | XSOE |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.32% |
| AUM | $997.4B | $2.2B |
| Dividend Yield | 1.04% | 1.10% |
| Holdings | 509 | 827 |
| YTD Return | +11.01% | +16.68%Best |
| 1Y Return | +15.60% | +24.98%Best |
| 3Y Return (annualized) | +20.82%Best | +20.51% |
| 5Y Return (annualized) | +12.60%Best | +5.45% |
| Volatility (annualized) | 15.0%Best | 18.4% |
| Max Drawdown | -34.3%Best | -45.2% |
| $10,000 over 5 years | $18,101Best | $13,039 |
| Top 10 Weight | 37.6% | 35.2%Best |
| Fund Family | Vanguard (US) | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 7, 2010 | Dec 10, 2014 |
Volatility and max drawdown are measured over the window both funds cover: Dec 10, 2014 to Sep 16, 2026 (11.8 years).
VOO vs XSOE 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 11.8 years both funds cover.
VOO vs XSOE Performance
Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US) and WisdomTree Emerging Markets Ex-State Owned Enterprises Fund (XSOE) is an ETF from WisdomTree Investments. Over the past year VOO returned +15.60% while XSOE returned +24.98%. Year to date, VOO is up 11.01% versus a gain of 16.68% for XSOE.
Over three years, VOO compounded at +20.82% per year against +20.51% for XSOE; over five years the annualized figures are +12.60% and +5.45% respectively. Across the full 12-year window we track, VOO has the edge at +12.55% annualized vs +6.38%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XSOE has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 15.0% 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 -45.2% for XSOE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VOO charges 0.03% per year while XSOE charges 0.32%. On a $10,000 position that is $3 vs $32 annually, a gap of $29 per year that compounds over a long holding period. On income, VOO currently yields 1.04% against 1.10% for XSOE.
Holdings Overlap
We hold position weights for 494 holdings in VOO and 819 in XSOE, totalling 99.5% and 99.0% 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 819 in XSOE, against full books of 509 and 827.
What only one of them owns
Our book lists 24 positions for XSOE that do not appear in our book for VOO (2.5% of the fund), and 487 for VOO that do not appear in XSOE (99.2%).
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.
You are not choosing between two funds in isolation.
Whichever of VOO and XSOE 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 XSOE?
VOO has an expense ratio of 0.03% while XSOE charges 0.32%. VOO is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, VOO or XSOE?
Over the past year VOO returned +15.60% vs +24.98% for XSOE, so XSOE leads on 1-year performance. Over the longest common window we track (12 years), VOO annualized +12.55% vs +6.38% for XSOE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VOO or XSOE?
XSOE has been the more volatile fund at 18.4% annualized versus 15.0% for VOO. Worst drawdown: VOO -34.3% vs XSOE -45.2%.
Should I hold both VOO and XSOE?
VOO and XSOE have a monthly-return correlation of 0.70, 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 XSOE?
VOO yields 1.04% while XSOE yields 1.10%, so XSOE currently pays the higher dividend yield.
Is XSOE better than VOO?
VOO has a lower expense ratio. VOO led over 3Y, 5Y and the full window, XSOE over 1Y. XSOE is less concentrated, with 35.2% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.