MIG vs VOO
VanEck Moody's Analytics IG Corporate Bond ETF vs Vanguard S&P 500 ETF
Which is better, MIG or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y 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 | MIG | VOO |
|---|---|---|
| Expense Ratio | 0.20% | 0.03%Best |
| AUM | $18M | $1.0T |
| Dividend Yield | 4.89% | 1.06% |
| Holdings | 762 | 506 |
| YTD Return | -5.85% | +13.57%Best |
| 1Y Return | -6.42% | +17.55%Best |
| 3Y Return (annualized) | +4.28% | +22.46%Best |
| 5Y Return (annualized) | -0.70% | +13.28%Best |
| Volatility (annualized) | 7.3%Best | 14.9% |
| Max Drawdown | -21.0%Best | -24.5% |
| $10,000 over 5 years | $9,655 | $18,654Best |
| Fund Family | VanEck | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Blend |
| Inception | Dec 1, 2020 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 2, 2020 to Oct 14, 2026 (5.9 years).
MIG 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 5.9 years both funds cover.
MIG vs VOO Performance
VanEck Moody's Analytics IG Corporate Bond ETF (MIG) is an ETF from VanEck and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year MIG returned -6.42% while VOO returned +17.55%. Year to date, MIG is down 5.85% versus a gain of 13.57% for VOO.
Over three years, MIG compounded at +4.28% per year against +22.46% for VOO; over five years the annualized figures are -0.70% and +13.28% respectively. Across the full 6-year window we track, VOO has the edge at +15.04% annualized vs -0.34%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 7.3% for MIG. 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 -21.0% for MIG and -24.5% 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 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MIG charges 0.20% per year while VOO charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, MIG currently yields 4.89% against 1.06% for VOO.
Holdings Overlap
At least 0.2% of VOO's money is in holdings MIG also owns.
Stated as a floor: for MIG, our book for it covers 83.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 332 positions we hold weights for in MIG and 504 in VOO, against full books of 762 and 506.
You are not choosing between two funds in isolation.
Whichever of MIG 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, MIG or VOO?
MIG has an expense ratio of 0.20% while VOO charges 0.03%. VOO is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, MIG or VOO?
Over the past year MIG returned -6.42% vs +17.55% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (6 years), MIG annualized -0.34% vs +15.04% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MIG or VOO?
VOO has been the more volatile fund at 14.9% annualized versus 7.3% for MIG. Worst drawdown: MIG -21.0% vs VOO -24.5%.
Should I hold both MIG and VOO?
MIG and VOO have a monthly-return correlation of 0.67, 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, MIG or VOO?
MIG yields 4.89% while VOO yields 1.06%, so MIG currently pays the higher dividend yield.
Is VOO better than MIG?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.