GDFN vs VOO
Tema International Defense Innovation ETF vs Vanguard S&P 500 ETF
Which is better, GDFN or VOO?
Mid Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. VOO is less concentrated, with 37.9% of the fund in its ten largest positions against 44.0%.
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 | GDFN | VOO |
|---|---|---|
| Expense Ratio | 0.68% | 0.03%Best |
| AUM | $1M | $1.0T |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 32 | 506 |
| Top 10 Weight | 44.0% | 37.9%Best |
| Fund Family | Tema Global Limited | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Sep 25, 2025 | Sep 7, 2010 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
The two price series end 198 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. GDFN has data through Mar 30, 2026 and VOO through Oct 14, 2026.
Fees and Cost Over Time
GDFN charges 0.68% per year while VOO charges 0.03%. On a $10,000 position that is $68 vs $3 annually, a gap of $65 per year that compounds over a long holding period. On income, GDFN currently yields 0.00% against 1.06% for VOO.
Holdings Overlap
10.4% of GDFN's money is in holdings VOO also owns. 1.8% of VOO's money is in holdings GDFN also owns.
GDFN and VOO share little of their money.
The two holdings books were reported 243 days apart, GDFN as of Dec 31, 2025 and VOO as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
7 positions in common, counted across the 31 positions we hold weights for in GDFN and 504 in VOO, against full books of 32 and 506.
What only one of them owns
Our book lists 492 positions for VOO that do not appear in our book for GDFN (97.9% of the fund), and 4 for GDFN that do not appear in VOO (13.2%).
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.
Top Shared Holdings
You are not choosing between two funds in isolation.
Whichever of GDFN and VOO 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, GDFN or VOO?
GDFN has an expense ratio of 0.68% while VOO charges 0.03%. VOO is the cheaper option, by $65 a year on a $10,000 investment.
What is the holdings overlap between GDFN and VOO?
10.4% of GDFN's money is in holdings VOO also owns. 1.8% of VOO's is in holdings GDFN also owns. They hold 7 positions in common, counted across the 31 positions we hold weights for in GDFN and 504 in VOO.
Which pays a higher dividend, GDFN or VOO?
GDFN yields 0.00% while VOO yields 1.06%, so VOO currently pays the higher dividend yield.
Is VOO better than GDFN?
VOO has a lower expense ratio. VOO is less concentrated, with 37.9% of the fund in its ten largest positions against 44.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.