VOO ETF Comparisons

Side-by-side breakdowns of the Vanguard S&P 500 ETF against every major alternative. Each comparison covers expense ratios, performance, dividends, structure, and tax efficiency so you can see exactly where the differences are.

S&P 500 ETF Comparisons

VOO tracks the S&P 500 — but so do SPY, IVV, FXAIX, and SPLG. Same index, different funds. These comparisons break down why the differences in structure, fees, and tax efficiency actually matter.

VOO vs SPY
The two biggest S&P 500 ETFs. VOO charges 0.03% vs SPY's 0.09% — but SPY offers deeper options liquidity.
Read comparison →
VOO vs IVV
Both charge 0.03% and use the same open-end ETF structure. The closest head-to-head match in the S&P 500 ETF space.
Coming soon
VOO vs FXAIX
ETF vs mutual fund. VOO trades intraday; FXAIX prices once at market close. Both track the S&P 500 at rock-bottom fees.
Coming soon
VOO vs SPLG
SPLG is State Street's low-cost answer to VOO — same 0.02% expense ratio, smaller AUM. A newer challenger in the fee war.
Coming soon
SPY vs VOO vs IVV
Three-way comparison of the three largest S&P 500 ETFs by AUM. Same index, three different structures.
Coming soon

VOO vs Different Strategies

Not every alternative to VOO tracks the same index. These comparisons pit VOO against ETFs with different strategies — total market, dividend-weighted, or tech-heavy — to help you understand the trade-offs.

VOO vs VTI
S&P 500 vs total U.S. stock market. VTI adds mid- and small-caps for broader exposure, but the performance gap is smaller than you think.
Read comparison →
VOO vs SCHD
Growth vs income. VOO captures full S&P 500 growth; SCHD targets high-dividend stocks with a 3.5% yield. Different goals entirely.
Coming soon
VOO vs QQQ
Broad market vs Nasdaq-100. QQQ is more concentrated in tech — higher returns in bull markets, steeper drops in corrections.
Coming soon

At a Glance

ETF Expense Ratio AUM Index Structure Comparison
VOO 0.03% $1.51T S&P 500 Open-End ETF
SPY 0.09% $627B S&P 500 Unit Investment Trust VOO vs SPY →
VTI 0.03% $459B CRSP US Total Market Open-End ETF VOO vs VTI →
IVV 0.03% $582B S&P 500 Open-End ETF Coming soon
QQQ 0.20% $312B Nasdaq-100 Unit Investment Trust Coming soon
SCHD 0.06% $65B Dow Jones U.S. Dividend 100 Open-End ETF Coming soon
FXAIX 0.015% $593B S&P 500 Mutual Fund Coming soon
SPLG 0.02% $52B S&P 500 Open-End ETF Coming soon

Data shown as of . AUM figures are approximate. Sources: Vanguard, StockAnalysis.com, fund provider websites. VOO.us does not guarantee the accuracy of third-party data. Verify current data at investor.vanguard.com before making investment decisions.

How to Use These Comparisons

Every comparison on this page follows the same format: a quick verdict at the top, a detailed side-by-side data table, and then editorial analysis covering fees, performance, structure, tax efficiency, and which type of investor each fund suits best.

If you're deciding between VOO and another S&P 500 ETF like SPY or IVV, the differences come down to expense ratios and fund structure — the underlying holdings are nearly identical. Our VOO vs SPY breakdown is a good place to start since it covers the structural distinction between open-end ETFs and unit investment trusts.

If you're choosing between VOO and a fund that tracks a different index — like VTI (total market), SCHD (dividend-focused), or QQQ (Nasdaq-100) — the trade-offs are more fundamental and involve different levels of diversification, sector exposure, and income strategy.

For a broader understanding of what makes VOO tick, start with What Is VOO? — our complete guide to the Vanguard S&P 500 ETF. You can also explore VOO's current top holdings, dividend history, and historical returns calculator.

These comparisons are provided for informational purposes to help you understand differences between ETFs. They are not recommendations to buy or sell any fund. All ETFs discussed may be suitable — or unsuitable — depending on your individual financial situation, goals, and risk tolerance. Review each fund's prospectus before investing.