OVS vs VOO
Overlay Shares Small Cap Equity ETF vs Vanguard S&P 500 ETF
Which is better, OVS or VOO?
Small Cap Blend against Large Cap Blend.
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 | OVS | VOO |
|---|---|---|
| Expense Ratio | 0.83% | 0.03%Best |
| AUM | $41M | $1.0T |
| Dividend Yield | 9.88% | 1.06% |
| Holdings | 16 | 506 |
| YTD Return | +5.68% | +13.57%Best |
| 1Y Return | +7.74% | +17.55%Best |
| 3Y Return (annualized) | +13.42% | +22.46%Best |
| 5Y Return (annualized) | +3.70% | +13.28%Best |
| Volatility (annualized) | 23.8% | 16.7%Best |
| Max Drawdown | -45.1% | -34.3%Best |
| $10,000 over 5 years | $11,992 | $18,654Best |
| Top 10 Weight | - | 37.9% |
| Fund Family | Overlay Shares | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Blend |
| Inception | Sep 30, 2019 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Oct 1, 2019 to Oct 14, 2026 (7 years).
OVS 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 7 years both funds cover.
OVS vs VOO Performance
Overlay Shares Small Cap Equity ETF (OVS) is an ETF from Overlay Shares and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year OVS returned +7.74% while VOO returned +17.55%. Year to date, OVS is up 5.68% versus a gain of 13.57% for VOO.
Over three years, OVS compounded at +13.42% per year against +22.46% for VOO; over five years the annualized figures are +3.70% and +13.28% respectively. Across the full 7-year window we track, VOO has the edge at +16.03% annualized vs +9.43%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OVS has been the more volatile fund, with annualized monthly volatility of 23.8% compared with 16.7% 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 -45.1% for OVS 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OVS charges 0.83% per year while VOO charges 0.03%. On a $10,000 position that is $83 vs $3 annually, a gap of $80 per year that compounds over a long holding period. On income, OVS currently yields 9.88% against 1.06% for VOO.
Holdings Overlap
We hold position weights for 8 holdings in OVS and 504 in VOO, totalling 100.1% and 100.1% 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 8 positions we hold weights for in OVS and 504 in VOO, against full books of 16 and 506.
What only one of them owns
Our book lists 499 positions for VOO that do not appear in our book for OVS (99.7% of the fund), and 5 for OVS that do not appear in VOO (100.1%).
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.
You are not choosing between two funds in isolation.
Whichever of OVS 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, OVS or VOO?
OVS has an expense ratio of 0.83% while VOO charges 0.03%. VOO is the cheaper option, by $80 a year on a $10,000 investment.
Which performed better, OVS or VOO?
Over the past year OVS returned +7.74% vs +17.55% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (7 years), OVS annualized +9.43% vs +16.03% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OVS or VOO?
OVS has been the more volatile fund at 23.8% annualized versus 16.7% for VOO. Worst drawdown: OVS -45.1% vs VOO -34.3%.
Should I hold both OVS and VOO?
OVS and VOO have a monthly-return correlation of 0.85, 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, OVS or VOO?
OVS yields 9.88% while VOO yields 1.06%, so OVS currently pays the higher dividend yield.
Is VOO better than OVS?
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.