Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricVOOXTAPWinner
Expense Ratio0.03%0.79%
AUM$979.0B$23M
Dividend Yield1.09%0.00%
Holdings5097
YTD Return+13.80%+13.64%
1Y Return+23.71%+19.34%
3Y Return (annualized)+21.50%+17.46%
5Y Return (annualized)+13.44%+10.88%
Volatility (annualized)14.1%12.8%
Max Drawdown-34.3%-22.1%
Fund FamilyVanguard (US)Innovator ETFs Trust
CategoryEquityAlternative
InceptionSep 7, 2010Mar 31, 2021

VOO vs XTAP Performance

Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US) and Innovator US Equity Accelerated Plus ETF - April (XTAP) is a ETF from Innovator ETFs Trust. Over the past year VOO returned +23.71% while XTAP returned +19.34%. Year to date, VOO is up 13.80% versus a gain of 13.64% for XTAP.

Over three years, VOO compounded at +21.50% per year against +17.46% for XTAP; over five years the annualized figures are +13.44% and +10.88% respectively. Across the full 5-year window we track, VOO has the edge at +13.58% annualized vs +11.61%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 12.8% for XTAP. 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 -22.1% for XTAP. 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 0.89. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

VOO charges 0.03% per year while XTAP charges 0.79%. On a $10,000 position that is $3 vs $79 annually, a gap of $76 per year that compounds over a long holding period. On income, VOO currently yields 1.09% against 0.00% for XTAP.

Holdings Overlap

0.0%overlap

VOO and XTAP share 0 holdings out of 506 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 XTAP?

VOO has an expense ratio of 0.03% while XTAP charges 0.79%. VOO is the cheaper option. On a $10,000 investment, that is $76 per year of difference.

Which performed better, VOO or XTAP?

Over the past year VOO returned +23.71% vs +19.34% for XTAP, so VOO leads on 1-year performance. Over the longest common window we track (5 years), VOO annualized +13.58% vs +11.61% for XTAP. Past performance does not guarantee future results.

Which is riskier, VOO or XTAP?

VOO has been the more volatile fund at 14.1% annualized versus 12.8% for XTAP. Worst drawdown: VOO -34.3% vs XTAP -22.1%.

Should I hold both VOO and XTAP?

VOO and XTAP have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between VOO and XTAP?

VOO and XTAP share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.

Which pays a higher dividend, VOO or XTAP?

VOO yields 1.09% while XTAP yields 0.00%, so VOO currently pays the higher dividend yield.

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