VOO vs XSOE

Quick Verdict

VOO has a lower expense ratio. XSOE delivered stronger 1-year returns. XSOE offers more diversification with 733 holdings.

Lower Fees: VOOHigher Returns: XSOEMore Diversified: XSOE

Side-by-Side Comparison

MetricVOOXSOEWinner
Expense Ratio0.03%0.33%
AUM$979.0B$2.0B
Dividend Yield1.09%1.08%
Holdings509827
YTD Return+13.80%+17.49%
1Y Return+23.71%+34.75%
3Y Return (annualized)+21.50%+19.66%
5Y Return (annualized)+13.44%+5.18%
Volatility (annualized)14.1%18.4%
Max Drawdown-34.3%-45.2%
Fund FamilyVanguard (US)WisdomTree Investments
CategoryEquityEquity
InceptionSep 7, 2010Dec 10, 2014

VOO vs XSOE Performance

Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US) and WisdomTree Emerging Markets Ex-State Owned Enterprises Fund (XSOE) is a ETF from WisdomTree Investments. Over the past year VOO returned +23.71% while XSOE returned +34.75%. Year to date, VOO is up 13.80% versus a gain of 17.49% for XSOE.

Over three years, VOO compounded at +21.50% per year against +19.66% for XSOE; over five years the annualized figures are +13.44% and +5.18% respectively. Across the full 12-year window we track, VOO has the edge at +13.58% annualized vs +6.51%. 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 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 -45.2% for XSOE. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

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 0.33%. On a $10,000 position that is $3 vs $33 annually, a gap of $30 per year that compounds over a long holding period. On income, VOO currently yields 1.09% against 1.08% for XSOE.

Holdings Overlap

0.0%overlap

VOO and XSOE share 0 holdings out of 1238 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, VOO or XSOE?

VOO has an expense ratio of 0.03% while XSOE charges 0.33%. VOO is the cheaper option. On a $10,000 investment, that is $30 per year of difference.

Which performed better, VOO or XSOE?

Over the past year VOO returned +23.71% vs +34.75% for XSOE, so XSOE leads on 1-year performance. Over the longest common window we track (12 years), VOO annualized +13.58% vs +6.51% for XSOE. Past performance does not guarantee future results.

Which is riskier, VOO or XSOE?

XSOE has been the more volatile fund at 18.4% annualized versus 14.1% 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 combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between VOO and XSOE?

VOO and XSOE share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1238 unique securities.

Which pays a higher dividend, VOO or XSOE?

VOO yields 1.09% while XSOE yields 1.08%, so VOO currently pays the higher dividend yield.

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