RZG vs VOO
Invesco S&P Smallcap 600 Pure Growth ETF vs Vanguard S&P 500 ETF
Which is better, RZG or VOO?
Small Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. RZG is less concentrated, with 18.2% 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 | RZG | VOO |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $120M | $1.0T |
| Dividend Yield | 0.58% | 1.06% |
| Holdings | 263 | 506 |
| YTD Return | +12.80% | +13.57%Best |
| 1Y Return | +13.51% | +17.55%Best |
| 3Y Return (annualized) | +16.29% | +22.46%Best |
| 5Y Return (annualized) | +3.52% | +13.28%Best |
| Volatility (annualized) | 20.6% | 14.1%Best |
| Max Drawdown | -54.4% | -34.3%Best |
| $10,000 over 5 years | $11,888 | $18,654Best |
| Top 10 Weight | 18.2%Best | 37.9% |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Growth | Large Cap Blend |
| Inception | Mar 1, 2006 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Oct 14, 2026 (16.1 years).
RZG 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.
RZG vs VOO Performance
Invesco S&P Smallcap 600 Pure Growth ETF (RZG) is an ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year RZG returned +13.51% while VOO returned +17.55%. Year to date, RZG is up 12.80% versus a gain of 13.57% for VOO.
Over three years, RZG compounded at +16.29% per year against +22.46% for VOO; over five years the annualized figures are +3.52% and +13.28% respectively. Across the full 16-year window we track, VOO has the edge at +13.40% annualized vs +10.60%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RZG has been the more volatile fund, with annualized monthly volatility of 20.6% 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 -54.4% for RZG 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RZG charges 0.35% per year while VOO charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, RZG currently yields 0.58% against 1.06% for VOO.
Holdings Overlap
We hold position weights for 127 holdings in RZG and 504 in VOO, totalling 100.0% 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 127 positions we hold weights for in RZG and 504 in VOO, against full books of 263 and 506.
What only one of them owns
Our book lists 499 positions for VOO that do not appear in our book for RZG (99.7% of the fund), and 122 for RZG that do not appear in VOO (96.7%).
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 RZG 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, RZG or VOO?
RZG has an expense ratio of 0.35% while VOO charges 0.03%. VOO is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, RZG or VOO?
Over the past year RZG returned +13.51% vs +17.55% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), RZG annualized +10.60% vs +13.40% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RZG or VOO?
RZG has been the more volatile fund at 20.6% annualized versus 14.1% for VOO. Worst drawdown: RZG -54.4% vs VOO -34.3%.
Should I hold both RZG and VOO?
RZG and VOO have a monthly-return correlation of 0.82, 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, RZG or VOO?
RZG yields 0.58% while VOO yields 1.06%, so VOO currently pays the higher dividend yield.
Is VOO better than RZG?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. RZG is less concentrated, with 18.2% 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.