LTL vs VOO
ProShares Ultra Communication Services vs Vanguard S&P 500 ETF
Which is better, LTL or VOO?
Multi Alternative against Large Cap Blend.
VOO has a lower expense ratio. LTL led over 3Y and 5Y, VOO 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 | LTL | VOO |
|---|---|---|
| Expense Ratio | 0.95% | 0.03%Best |
| AUM | $5M | $1.0T |
| Dividend Yield | 1.16% | 1.06% |
| Holdings | 29 | 506 |
| YTD Return | -14.81% | +13.57%Best |
| 1Y Return | -12.32% | +17.55%Best |
| 3Y Return (annualized) | +28.33%Best | +22.46% |
| 5Y Return (annualized) | +15.91%Best | +13.28% |
| Volatility (annualized) | 30.8% | 14.1%Best |
| Max Drawdown | -65.8% | -34.3%Best |
| $10,000 over 5 years | $20,922Best | $18,654 |
| Fund Family | ProShares | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Mar 25, 2008 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Oct 14, 2026 (16.1 years).
LTL 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 16.1 years both funds cover.
LTL vs VOO Performance
ProShares Ultra Communication Services (LTL) is an ETF from ProShares and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year LTL returned -12.32% while VOO returned +17.55%. Year to date, LTL is down 14.81% versus a gain of 13.57% for VOO.
Over three years, LTL compounded at +28.33% per year against +22.46% for VOO; over five years the annualized figures are +15.91% and +13.28% respectively. Across the full 16-year window we track, VOO has the edge at +13.40% annualized vs +10.07%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LTL has been the more volatile fund, with annualized monthly volatility of 30.8% 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 -65.8% for LTL and -34.3% 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LTL charges 0.95% per year while VOO charges 0.03%. On a $10,000 position that is $95 vs $3 annually, a gap of $92 per year that compounds over a long holding period. On income, LTL currently yields 1.16% against 1.06% for VOO.
Holdings Overlap
At least 9.2% of VOO's money is in holdings LTL also owns.
Stated as a floor: for LTL, our book for it covers 62.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VOO and LTL share little of their money.
21 positions in common, counted across the 23 positions we hold weights for in LTL and 504 in VOO, against full books of 29 and 506.
Top Shared Holdings
| Stock | Weight in LTL | Weight in VOO | Difference |
|---|---|---|---|
| METAMeta Platforms, Inc. | 14.06% | 1.90% | 12.16% |
| GOOGLAlphabet Inc-cl A | 7.35% | 3.01% | 4.34% |
| GOOGAlphabet, Inc.- Cl C | 5.90% | 2.40% | 3.50% |
| WBDWarner Bros Discovery Inc | 3.12% | 0.11% | 3.01% |
| DISWalt Disney Co/The | 2.77% | 0.28% | 2.49% |
| NFLXNetflix Inc | 2.49% | 0.52% | 1.97% |
| VZVerizon Communications, Inc. | 2.60% | 0.32% | 2.28% |
| TTWOTake-Two Interactive Softwre | 2.71% | 0.06% | 2.65% |
| TMUST-Mobile Us Inc. | 2.60% | 0.13% | 2.47% |
| CMCSAComcast Corp A | 2.47% | 0.14% | 2.33% |
You are not choosing between two funds in isolation.
Whichever of LTL 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, LTL or VOO?
LTL has an expense ratio of 0.95% while VOO charges 0.03%. VOO is the cheaper option, by $92 a year on a $10,000 investment.
Which performed better, LTL or VOO?
Over the past year LTL returned -12.32% vs +17.55% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), LTL annualized +10.07% vs +13.40% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LTL or VOO?
LTL has been the more volatile fund at 30.8% annualized versus 14.1% for VOO. Worst drawdown: LTL -65.8% vs VOO -34.3%.
Should I hold both LTL and VOO?
LTL and VOO have a monthly-return correlation of 0.73, 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 LTL and VOO?
At least 9.2% of VOO's money is in holdings LTL also owns. Our book for LTL is partial, so the real figure is this or higher. They hold 21 positions in common, counted across the 23 positions we hold weights for in LTL and 504 in VOO.
Which pays a higher dividend, LTL or VOO?
LTL yields 1.16% while VOO yields 1.06%, so LTL currently pays the higher dividend yield.
Is VOO better than LTL?
VOO has a lower expense ratio. LTL led over 3Y and 5Y, VOO over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.