TPLS vs VOO
Thornburg Core Plus Bond ETF vs Vanguard S&P 500 ETF
Which is better, TPLS or VOO?
High Yield Bond against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y 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 | TPLS | VOO |
|---|---|---|
| Expense Ratio | 0.45% | 0.03%Best |
| AUM | $19M | $1.0T |
| Dividend Yield | 5.51% | 1.06% |
| Holdings | 345 | 506 |
| YTD Return | -1.87% | +13.57%Best |
| 1Y Return | -1.75% | +17.55%Best |
| 3Y Return (annualized) | - | +22.46% |
| 5Y Return (annualized) | - | +13.28% |
| Volatility (annualized) | 4.0%Best | 12.8% |
| Max Drawdown | -4.8%Best | -18.7% |
| $10,000 over 1.7 years | $10,403 | $13,027Best |
| Fund Family | Thornburg Investment Management | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Blend |
| Inception | Feb 5, 2025 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Feb 5, 2025 to Oct 14, 2026 (1.7 years).
TPLS 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 1.7 years both funds cover.
TPLS vs VOO Performance
Thornburg Core Plus Bond ETF (TPLS) is an ETF from Thornburg Investment Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year TPLS returned -1.75% while VOO returned +17.55%. Year to date, TPLS is down 1.87% versus a gain of 13.57% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 4.0% for TPLS. 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 -4.8% for TPLS and -18.7% 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 0.23. They move largely independently of each other.
Fees and Cost Over Time
TPLS charges 0.45% per year while VOO charges 0.03%. On a $10,000 position that is $45 vs $3 annually, a gap of $42 per year that compounds over a long holding period. On income, TPLS currently yields 5.51% against 1.06% for VOO.
Holdings Overlap
At least 0.1% of VOO's money is in holdings TPLS also owns.
Stated as a floor: for TPLS, our book for it covers 38.9% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 198 positions we hold weights for in TPLS and 504 in VOO, against full books of 345 and 506.
Top Shared Holdings
| Stock | Weight in TPLS | Weight in VOO | Difference |
|---|---|---|---|
| DUKDuke Energy Corp (Duk) | 0.33% | 0.14% | 0.19% |
You are not choosing between two funds in isolation.
Whichever of TPLS 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, TPLS or VOO?
TPLS has an expense ratio of 0.45% while VOO charges 0.03%. VOO is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, TPLS or VOO?
Over the past year TPLS returned -1.75% vs +17.55% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), TPLS annualized +2.35% vs +16.83% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TPLS or VOO?
VOO has been the more volatile fund at 12.8% annualized versus 4.0% for TPLS. Worst drawdown: TPLS -4.8% vs VOO -18.7%.
Should I hold both TPLS and VOO?
TPLS and VOO have a monthly-return correlation of 0.23, 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, TPLS or VOO?
TPLS yields 5.51% while VOO yields 1.06%, so TPLS currently pays the higher dividend yield.
Is VOO better than TPLS?
VOO has a lower expense ratio. VOO led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.