VAMO vs VOO
Cambria Value and Momentum Hedged Equity ETF vs Vanguard S&P 500 ETF
Which is better, VAMO or VOO?
Small Cap Blend against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VAMO is less concentrated, with 13.1% 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 | VAMO | VOO |
|---|---|---|
| Expense Ratio | 0.65% | 0.03%Best |
| AUM | $86M | $1.0T |
| Dividend Yield | 0.68% | 1.06% |
| Holdings | 206 | 506 |
| YTD Return | +3.07% | +13.57%Best |
| 1Y Return | +5.56% | +17.55%Best |
| 3Y Return (annualized) | +11.96% | +22.46%Best |
| 5Y Return (annualized) | +8.43% | +13.28%Best |
| Volatility (annualized) | 13.0%Best | 15.1% |
| Max Drawdown | -41.8% | -34.3%Best |
| $10,000 over 5 years | $14,988 | $18,654Best |
| Top 10 Weight | 13.1%Best | 37.9% |
| Fund Family | Cambria Investment Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Blend |
| Inception | Sep 8, 2015 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2015 to Oct 14, 2026 (11.1 years).
VAMO 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 11.1 years both funds cover.
VAMO vs VOO Performance
Cambria Value and Momentum Hedged Equity ETF (VAMO) is an ETF from Cambria Investment Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year VAMO returned +5.56% while VOO returned +17.55%. Year to date, VAMO is up 3.07% versus a gain of 13.57% for VOO.
Over three years, VAMO compounded at +11.96% per year against +22.46% for VOO; over five years the annualized figures are +8.43% and +13.28% respectively. Across the full 11-year window we track, VOO has the edge at +14.03% annualized vs +4.22%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.0% for VAMO. 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 -41.8% for VAMO 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 0.42. They move together some of the time, and apart the rest.
Fees and Cost Over Time
VAMO charges 0.65% per year while VOO charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, VAMO currently yields 0.68% against 1.06% for VOO.
Holdings Overlap
19.4% of VAMO's money is in holdings VOO also owns. 2.1% of VOO's money is in holdings VAMO also owns.
VAMO and VOO share little of their money.
21 positions in common, counted across the 102 positions we hold weights for in VAMO and 504 in VOO, against full books of 206 and 506.
What only one of them owns
Our book lists 478 positions for VOO that do not appear in our book for VAMO (97.7% of the fund), and 81 for VAMO that do not appear in VOO (76.0%).
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 VAMO | Weight in VOO | Difference |
|---|---|---|---|
| CCitigroup Inc. | 0.91% | 0.34% | 0.57% |
| MPCMarathon Petroleum Corp | 0.99% | 0.16% | 0.83% |
| COFCapital One Financial Corp. | 0.93% | 0.20% | 0.73% |
| VLOValero Energy | 0.97% | 0.16% | 0.81% |
| NEMNewmont Corp Common | 0.89% | 0.20% | 0.69% |
| PSXPhillips 66 | 0.94% | 0.15% | 0.79% |
| MCKMckesson Corp. | 0.92% | 0.16% | 0.76% |
| GMGeneral Motors Co | 0.94% | 0.12% | 0.82% |
| CAHCardinal Health Inc. | 0.92% | 0.08% | 0.84% |
| DVNDevon Energy Corp. | 0.92% | 0.08% | 0.84% |
You are not choosing between two funds in isolation.
Whichever of VAMO 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, VAMO or VOO?
VAMO has an expense ratio of 0.65% while VOO charges 0.03%. VOO is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, VAMO or VOO?
Over the past year VAMO returned +5.56% vs +17.55% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (11 years), VAMO annualized +4.22% vs +14.03% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VAMO or VOO?
VOO has been the more volatile fund at 15.1% annualized versus 13.0% for VAMO. Worst drawdown: VAMO -41.8% vs VOO -34.3%.
Should I hold both VAMO and VOO?
VAMO and VOO have a monthly-return correlation of 0.42, 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 VAMO and VOO?
19.4% of VAMO's money is in holdings VOO also owns. 2.1% of VOO's is in holdings VAMO also owns. They hold 21 positions in common, counted across the 102 positions we hold weights for in VAMO and 504 in VOO.
Which pays a higher dividend, VAMO or VOO?
VAMO yields 0.68% while VOO yields 1.06%, so VOO currently pays the higher dividend yield.
Is VOO better than VAMO?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VAMO is less concentrated, with 13.1% 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.