PCOV vs VOO
Principal Equity Premium Income ETF vs Vanguard S&P 500 ETF
Which is better, PCOV or VOO?
VOO costs less.
VOO has a lower expense ratio. PCOV is less concentrated, with 33.9% 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 | PCOV | VOO |
|---|---|---|
| Expense Ratio | 0.34% | 0.03%Best |
| AUM | $10M | $1.0T |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 49 | 506 |
| YTD Return | -3.92% | +13.57%Best |
| 1Y Return | - | +17.55% |
| 3Y Return (annualized) | - | +22.46% |
| 5Y Return (annualized) | - | +13.28% |
| Top 10 Weight | 33.9%Best | 37.9% |
| Fund Family | PRINCIPAL EXCHANGE-TRADED FUNDS | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 18, 2026 | Sep 7, 2010 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
PCOV 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
PCOV vs VOO Performance
Principal Equity Premium Income ETF (PCOV) is an ETF from PRINCIPAL EXCHANGE-TRADED FUNDS and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Year to date, PCOV is down 3.92% versus a gain of 13.57% for VOO.
Past performance does not guarantee future results.
Fees and Cost Over Time
PCOV charges 0.34% per year while VOO charges 0.03%. On a $10,000 position that is $34 vs $3 annually, a gap of $31 per year that compounds over a long holding period. On income, PCOV currently yields 0.00% against 1.06% for VOO.
Holdings Overlap
89.3% of PCOV's money is in holdings VOO also owns. 30.1% of VOO's money is in holdings PCOV also owns.
Most of PCOV is already inside VOO. Owning both mostly buys the same companies twice.
43 positions in common, counted across the 49 positions we hold weights for in PCOV and 504 in VOO, against full books of 49 and 506.
What only one of them owns
Our book lists 456 positions for VOO that do not appear in our book for PCOV (69.7% of the fund), and 2 for PCOV that do not appear in VOO (3.5%).
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 PCOV | Weight in VOO | Difference |
|---|---|---|---|
| AAPLApple, Inc | 5.29% | 7.04% | 1.75% |
| MSFTMicrosoft Corp | 4.28% | 5.70% | 1.42% |
| GOOGLAlphabet Inc | 2.44% | 3.01% | 0.57% |
| JPMJpmorgan Chase | 3.98% | 1.44% | 2.54% |
| AVGOBroadcom Inc | 2.20% | 2.65% | 0.45% |
| COSTCostco Wholesale Corp. | 3.06% | 0.63% | 2.43% |
| WMTWalmart, Inc. | 2.72% | 0.70% | 2.02% |
| MSMorgan Stanley | 2.94% | 0.39% | 2.55% |
| LLYEli Lilly & Co. | 1.88% | 1.38% | 0.50% |
| MRKMerck & Company Inc | 2.50% | 0.55% | 1.95% |
89.3% of PCOV 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, PCOV or VOO?
PCOV has an expense ratio of 0.34% while VOO charges 0.03%. VOO is the cheaper option, by $31 a year on a $10,000 investment.
What is the holdings overlap between PCOV and VOO?
89.3% of PCOV's money is in holdings VOO also owns. 30.1% of VOO's is in holdings PCOV also owns. They hold 43 positions in common, counted across the 49 positions we hold weights for in PCOV and 504 in VOO.
Which pays a higher dividend, PCOV or VOO?
PCOV yields 0.00% while VOO yields 1.06%, so VOO currently pays the higher dividend yield.
Is VOO better than PCOV?
VOO has a lower expense ratio. PCOV is less concentrated, with 33.9% 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.