VOO vs ZAPR
Vanguard S&P 500 ETF vs Innovator Equity Defined Protection ETF - 1 Yr April
Which is better, VOO or ZAPR?
Large Cap Blend against Multi Alternative.
VOO has a lower expense ratio. VOO led over 1Y 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 | ZAPR |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.79% |
| AUM | $997.4B | $67M |
| Dividend Yield | 1.04% | 0.00% |
| Holdings | 509 | 14 |
| YTD Return | +11.98%Best | +4.48% |
| 1Y Return | +16.45%Best | +6.02% |
| 3Y Return (annualized) | +21.19% | - |
| 5Y Return (annualized) | +12.95% | - |
| Volatility (annualized) | 12.3% | 1.1%Best |
| Max Drawdown | -12.0% | -1.7%Best |
| $10,000 over 1.5 years | $13,900Best | $11,036 |
| Fund Family | Vanguard (US) | Innovator ETFs Trust |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Multi Alternative |
| Inception | Sep 7, 2010 | Apr 1, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Apr 1, 2025 to Sep 14, 2026 (1.5 years).
VOO vs ZAPR 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 1.5 years both funds cover.
VOO vs ZAPR Performance
Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US) and Innovator Equity Defined Protection ETF - 1 Yr April (ZAPR) is an ETF from Innovator ETFs Trust. Over the past year VOO returned +16.45% while ZAPR returned +6.02%. Year to date, VOO is up 11.98% versus a gain of 4.48% for ZAPR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 1.1% for ZAPR. 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 -12.0% for VOO and -1.7% for ZAPR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VOO charges 0.03% per year while ZAPR 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 1.04% against 0.00% for ZAPR.
Holdings Overlap
We hold position weights for 494 holdings in VOO and 1 in ZAPR, totalling 99.5% and 112.9% 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 ZAPR, against full books of 509 and 14.
You are not choosing between two funds in isolation.
Whichever of VOO and ZAPR 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 ZAPR?
VOO has an expense ratio of 0.03% while ZAPR charges 0.79%. VOO is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, VOO or ZAPR?
Over the past year VOO returned +16.45% vs +6.02% for ZAPR, so VOO leads on 1-year performance. Over the longest common window we track (2 years), VOO annualized +24.55% vs +6.79% for ZAPR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VOO or ZAPR?
VOO has been the more volatile fund at 12.3% annualized versus 1.1% for ZAPR. Worst drawdown: VOO -12.0% vs ZAPR -1.7%.
Should I hold both VOO and ZAPR?
VOO and ZAPR have a monthly-return correlation of 0.80, 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 ZAPR?
VOO yields 1.04% while ZAPR yields 0.00%, so VOO currently pays the higher dividend yield.
Is ZAPR better than VOO?
VOO has a lower expense ratio. VOO led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.