TBLD vs VOO
Thornburg Income Builder Opportunities Trust vs Vanguard S&P 500 ETF
Which is better, TBLD or VOO?
Large Cap Growth 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 | TBLD | VOO |
|---|---|---|
| Expense Ratio | 1.65% | 0.03%Best |
| AUM | $727M | $1.0T |
| Dividend Yield | 5.51% | 1.06% |
| Holdings | 216 | 506 |
| YTD Return | +4.05% | +13.57%Best |
| 1Y Return | +4.96% | +17.55%Best |
| 3Y Return (annualized) | +19.71% | +22.46%Best |
| 5Y Return (annualized) | +7.63% | +13.28%Best |
| Volatility (annualized) | 15.5%Tie | 15.5%Tie |
| Max Drawdown | -33.6% | -24.5%Best |
| $10,000 over 5 years | $14,443 | $18,654Best |
| Fund Family | Thornburg Investment Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Jul 27, 2021 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 28, 2021 to Oct 14, 2026 (5.2 years).
TBLD 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 5.2 years both funds cover.
TBLD vs VOO Performance
Thornburg Income Builder Opportunities Trust (TBLD) is an ETF from Thornburg Investment Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year TBLD returned +4.96% while VOO returned +17.55%. Year to date, TBLD is up 4.05% versus a gain of 13.57% for VOO.
Over three years, TBLD compounded at +19.71% per year against +22.46% for VOO; over five years the annualized figures are +7.63% and +13.28% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TBLD and VOO have been equally volatile, both at 15.5% annualized.
The deepest peak-to-trough decline in our data was -33.6% for TBLD 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
TBLD charges 1.65% per year while VOO charges 0.03%. On a $10,000 position that is $165 vs $3 annually, a gap of $162 per year that compounds over a long holding period. On income, TBLD currently yields 5.51% against 1.06% for VOO.
Holdings Overlap
At least 14.2% of VOO's money is in holdings TBLD also owns.
Stated as a floor: for TBLD, our book for it covers 84.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VOO and TBLD share little of their money.
18 positions in common, counted across the 117 positions we hold weights for in TBLD and 504 in VOO, against full books of 216 and 506.
Top Shared Holdings
| Stock | Weight in TBLD | Weight in VOO | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 0.66% | 5.70% | 5.04% |
| TAT&T Inc. | 3.38% | 0.27% | 3.11% |
| AVGOBroadcom Inc | 0.83% | 2.65% | 1.82% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.67% | 0.66% | 2.01% |
| METAMeta Platforms Inc | 1.12% | 1.90% | 0.78% |
| MRKMerck & Company Inc | 1.69% | 0.55% | 1.14% |
| CMEC M E Group Inc. | 1.73% | 0.16% | 1.57% |
| PFEPfizer Inc | 1.43% | 0.25% | 1.18% |
| ABBVAbbvie Inc. | 0.83% | 0.69% | 0.14% |
| MDTMedtronic Plc Ordinary Shares | 1.16% | 0.18% | 0.98% |
You are not choosing between two funds in isolation.
Whichever of TBLD 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, TBLD or VOO?
TBLD has an expense ratio of 1.65% while VOO charges 0.03%. VOO is the cheaper option, by $162 a year on a $10,000 investment.
Which performed better, TBLD or VOO?
Over the past year TBLD returned +4.96% vs +17.55% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TBLD or VOO?
TBLD and VOO have been equally volatile, both at 15.5% annualized. Worst drawdown: TBLD -33.6% vs VOO -24.5%.
Should I hold both TBLD and VOO?
TBLD and VOO have a monthly-return correlation of 0.70, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between TBLD and VOO?
At least 14.2% of VOO's money is in holdings TBLD also owns. Our book for TBLD is partial, so the real figure is this or higher. They hold 18 positions in common, counted across the 117 positions we hold weights for in TBLD and 504 in VOO.
Which pays a higher dividend, TBLD or VOO?
TBLD yields 5.51% while VOO yields 1.06%, so TBLD currently pays the higher dividend yield.
Is VOO better than TBLD?
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.