TAOZ vs VOO
Thornburg American Opportunities Fund ETF vs Vanguard S&P 500 ETF
Which is better, TAOZ or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y. VOO is less concentrated, with 37.9% of the fund in its ten largest positions against 39.6%.
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 | TAOZ | VOO |
|---|---|---|
| Expense Ratio | 0.79% | 0.03%Best |
| AUM | $10M | $1.0T |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 44 | 506 |
| YTD Return | +9.92% | +13.57%Best |
| 1Y Return | - | +17.55% |
| 3Y Return (annualized) | - | +22.46% |
| 5Y Return (annualized) | - | +13.28% |
| Top 10 Weight | 39.6% | 37.9%Best |
| Fund Family | Thornburg Investment Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 1, 2026 | Sep 7, 2010 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
TAOZ 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.
TAOZ vs VOO Performance
Thornburg American Opportunities Fund ETF (TAOZ) is an ETF from Thornburg Investment Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Year to date, TAOZ is up 9.92% versus a gain of 13.57% for VOO.
Past performance does not guarantee future results.
Fees and Cost Over Time
TAOZ charges 0.79% per year while VOO charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, TAOZ currently yields 0.00% against 1.06% for VOO.
Holdings Overlap
52.9% of TAOZ's money is in holdings VOO also owns. 17.1% of VOO's money is in holdings TAOZ also owns.
The two portfolios partly overlap.
23 positions in common, counted across the 43 positions we hold weights for in TAOZ and 504 in VOO, against full books of 44 and 506.
What only one of them owns
Our book lists 476 positions for VOO that do not appear in our book for TAOZ (82.6% of the fund), and 8 for TAOZ that do not appear in VOO (16.2%).
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 TAOZ | Weight in VOO | Difference |
|---|---|---|---|
| AAPLApple, Inc | 4.95% | 7.04% | 2.09% |
| GOOGLAlphabet Inc | 5.06% | 3.01% | 2.05% |
| METAMeta Platforms Inc | 3.70% | 1.90% | 1.80% |
| LLYEli Lilly & Co. | 3.97% | 1.38% | 2.59% |
| SCHWSchwab Strategic T | 3.80% | 0.27% | 3.53% |
| IQVI Q V I A Holdings Inc. | 3.57% | 0.07% | 3.50% |
| NFLXNetflix, Inc. | 2.99% | 0.52% | 2.47% |
| COHRCoherent, Inc | 3.22% | 0.08% | 3.14% |
| CCitigroup Inc. | 2.93% | 0.34% | 2.59% |
| MAMastercard Inc | 2.17% | 0.72% | 1.45% |
52.9% of TAOZ 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, TAOZ or VOO?
TAOZ has an expense ratio of 0.79% while VOO charges 0.03%. VOO is the cheaper option, by $76 a year on a $10,000 investment.
What is the holdings overlap between TAOZ and VOO?
52.9% of TAOZ's money is in holdings VOO also owns. 17.1% of VOO's is in holdings TAOZ also owns. They hold 23 positions in common, counted across the 43 positions we hold weights for in TAOZ and 504 in VOO.
Which pays a higher dividend, TAOZ or VOO?
TAOZ yields 0.00% while VOO yields 1.06%, so VOO currently pays the higher dividend yield.
Is VOO better than TAOZ?
VOO has a lower expense ratio. VOO led over 1Y. VOO is less concentrated, with 37.9% of the fund in its ten largest positions against 39.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.