CPAI vs VOO
Counterpoint Quantitative Equity ETF vs Vanguard S&P 500 ETF
Which is better, CPAI or VOO?
Mid Cap Blend against Large Cap Blend.
VOO has a lower expense ratio. CPAI led over 1Y and the full window. CPAI is less concentrated, with 23.4% of the fund in its ten largest positions against 37.9%.
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 | CPAI | VOO |
|---|---|---|
| Expense Ratio | 0.75% | 0.03%Best |
| AUM | $511M | $1.0T |
| Dividend Yield | 0.69% | 1.06% |
| Holdings | 153 | 506 |
| YTD Return | +29.43%Best | +13.57% |
| 1Y Return | +34.90%Best | +17.55% |
| 3Y Return (annualized) | - | +22.46% |
| 5Y Return (annualized) | - | +13.28% |
| Volatility (annualized) | 16.6% | 11.6%Best |
| Max Drawdown | -21.5% | -18.7%Best |
| $10,000 over 2.9 years | $21,244Best | $17,679 |
| Top 10 Weight | 23.4%Best | 37.9% |
| Fund Family | Counterpoint Mutual Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Nov 28, 2023 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 29, 2023 to Oct 14, 2026 (2.9 years).
CPAI vs VOO 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 2.9 years both funds cover.
CPAI vs VOO Performance
Counterpoint Quantitative Equity ETF (CPAI) is an ETF from Counterpoint Mutual Funds and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year CPAI returned +34.90% while VOO returned +17.55%. Year to date, CPAI is up 29.43% versus a gain of 13.57% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CPAI has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 11.6% 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 -21.5% for CPAI and -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CPAI charges 0.75% per year while VOO charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, CPAI currently yields 0.69% against 1.06% for VOO.
Holdings Overlap
46.2% of CPAI's money is in holdings VOO also owns. 4.8% of VOO's money is in holdings CPAI also owns.
The two portfolios partly overlap.
23 positions in common, counted across the 50 positions we hold weights for in CPAI and 504 in VOO, against full books of 153 and 506.
What only one of them owns
Our book lists 476 positions for VOO that do not appear in our book for CPAI (95.0% of the fund), and 26 for CPAI that do not appear in VOO (51.4%).
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 CPAI | Weight in VOO | Difference |
|---|---|---|---|
| MUMicron Technology, Inc. | 2.11% | 1.64% | 0.47% |
| INTCIntel Corporation | 2.20% | 0.67% | 1.53% |
| MRVLMarvell Technology Inc | 2.26% | 0.28% | 1.98% |
| ONOn Semiconductor Corp | 2.44% | 0.04% | 2.40% |
| HPEHewlett Packard Enterprise Co | 2.30% | 0.10% | 2.20% |
| SNDKVSandisk Corp. | 1.96% | 0.35% | 1.61% |
| MCKMckesson Corp. | 2.04% | 0.16% | 1.88% |
| TAT&T Inc. | 1.89% | 0.27% | 1.62% |
| DELLDell Technologies Inc | 1.94% | 0.20% | 1.74% |
| MPCMarathon Petroleum Corp | 1.97% | 0.16% | 1.81% |
46.2% of CPAI is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CPAI or VOO?
CPAI has an expense ratio of 0.75% while VOO charges 0.03%. VOO is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, CPAI or VOO?
Over the past year CPAI returned +34.90% vs +17.55% for VOO, so CPAI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CPAI or VOO?
CPAI has been the more volatile fund at 16.6% annualized versus 11.6% for VOO. Worst drawdown: CPAI -21.5% vs VOO -18.7%.
Should I hold both CPAI and VOO?
CPAI and VOO have a monthly-return correlation of 0.83, 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 CPAI and VOO?
46.2% of CPAI's money is in holdings VOO also owns. 4.8% of VOO's is in holdings CPAI also owns. They hold 23 positions in common, counted across the 50 positions we hold weights for in CPAI and 504 in VOO.
Which pays a higher dividend, CPAI or VOO?
CPAI yields 0.69% while VOO yields 1.06%, so VOO currently pays the higher dividend yield.
Is VOO better than CPAI?
VOO has a lower expense ratio. CPAI led over 1Y and the full window. CPAI is less concentrated, with 23.4% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.