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VOO vs XDIV

Vanguard S&P 500 ETF

VOOANYSE Arca

Roundhill S&P 500 No Dividend Target ETF

XDIVCCboe

Overlap

Expense ratio

VOO −0.05pt a year

VOO0.03%XDIV0.08%

Avg volume · 30D

VOO 264.4×the volume

VOO6.99MXDIV26.4K

VOO vs XDIV Performance

Oct 31, 2025 – Oct 30, 2026

+12.1%VOO+11.9%XDIV

Oct 31, 2025 to Oct 30, 2026. VOO +12.1%. XDIV +11.9%. Use the arrow keys to read each point.−5%0%5%15%Oct 2025Apr 2026Oct 2026
Expense ratio
VOO 0.03%, better
XDIV 0.08%
Fund size
VOO $1.7T
XDIV $100M
1Y total return
VOO +12.1%, better
XDIV +11.9%
Yield (12M)
VOO 1.07%
XDIV No data
Holdings
VOO 507
XDIV 2
Avg volume (30D)
VOO 6.99M sh, better
XDIV 26.4K sh
NAV per share
VOO $694.53
XDIV $30.89
52W range

ETF.net Grade

VOO: Cost 84, Risk 51, Mission 100, Tradability 53, Holdings 39, Durability 93. XDIV: Cost 62, Risk 35, Mission 80, Tradability 27, Holdings 28, Durability 17.
Pillar letters and Scores for VOO, XDIV, with each pillar’s weight
PillarVOOXDIV
Cost30% weightA84HigherB62
Mission25% weightA100HigherA80
Risk15% weightC51HigherD35
Tradability15% weightC53HigherD27
Holdings10% weightD39HigherD28
Durability5% weightA93HigherF17

Rank among S&P 500 funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. VOO and XDIV are both graded against the same 14 S&P 500 funds, so their Grades compare head to head.

S&P 500⁠

Category · 14 funds
See all 14 ›

VOO ranks 3rd and XDIV 11th of 14 funds in the S&P 500 Category.

  1. Rank 1ASPYMState Street SPDR Portfolio S&P 500 ETFScore 82
  2. Rank 2AIVViShares Core S&P 500 ETFScore 79
  3. Rank 3AVOOVanguard S&P 500 ETFScore 74
  4. Rank 4AUSPXFranklin U.S. Equity Index ETFScore 72
  5. Rank 10CSPYXState Street SPDR S&P 500 Fossil Fuel Reserves Free ETFScore 53
  6. Rank 11CXDIVRoundhill S&P 500 No Dividend Target ETFScore 51
  7. Rank 12CDLCUDimensional US Large Company ETFScore 50

Our read on each fund

ETF.net Research

VOOAVanguard S&P 500 ETF

XDIVCRoundhill S&P 500 No Dividend Target ETF

In short

VOO Not a standalone ETF but a share class of Vanguard's flagship 500 Index Fund: the same roughly 500 large US companies, 0.03% a year, in a wrapper you can trade all day.

XDIV An S&P 500 fund designed to pay you nothing. It holds the big index ETFs and sells each before its ex-dividend date, chasing the index's total return with no cash distributions.

Stated mandate

VOO The fund invests in stocks represented by the S&P 500 Index and seeks to closely track that index's return as a measure of overall U.S. stock performance.

XDIV The fund seeks to deliver the S&P 500 Index’s total return before fees and expenses while avoiding dividend or other distribution payments.

Why people hold it

  • VOO 0.03% a year against a 0.15% median for S&P 500 trackers. On a fund this size, that fee gap is the whole product.
  • Holds the index outright, all roughly 500 names, and its tracking record sits among the tightest in the S&P 500 group.vanguard.com
  • One of the most actively traded ETFs in the market, which tends to keep the cost of getting in and out small.
  • It is the ETF share class of Vanguard's 500 Index Fund, and Vanguard is owned by its own funds, so no outside parent takes a cut.vanguard.comsec.gov
  • XDIV Targets the S&P 500's total return before fees while aiming to pay no dividends or distributions, so gains ride in the share price instead of landing as income.roundhillinvestments.com
  • No swaps or options. It just owns big S&P 500 trackers like IVV, VOO and SPY, stepping out of each one before its ex-dividend date.roundhillinvestments.com
  • Costs 0.08% net of a waiver through May 1, 2027 (0.20% gross), near the category median and above core trackers IVV and VOO at 0.03%.

Worth knowing

  • VOO Large US companies only, weighted by size, so the biggest few names carry the most weight and drive much of the move.spglobal.com
  • Membership is not purely mechanical: an S&P index committee decides which companies come in and go out.spglobal.com
  • SPYM tracks the same index for 0.02%. A rounding error for most, but real if cost is your only tiebreaker.
  • XDIV The prospectus is blunt: no guarantee it matches the index's total return or avoids every distribution. Rotating around ex-dividend dates can open tracking gaps.roundhillinvestments.com
  • Filings flag ex-dividend tax risk: if the IRS deems the fund owed dividend income it skipped, it may owe a deficiency dividend plus interest to keep its fund tax status.roundhillinvestments.com
  • Launched in 2025 and still small, it trades less actively than the giant core S&P 500 ETFs, which usually means wider spreads.

Full VOO profile⁠

Full XDIV profile⁠

VOO vs XDIV Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

VOO vs XDIV Cost

Overpaying XDIV vs VOO

$1,051

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • VOO 0.03%

    $638

  • XDIV 0.08%

    $1,689

$10,000
30 years

Cost over time

  • VOO 0.03%
  • XDIV 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K$2K051015202530XDIV $1,689VOO $638

Year by year

YearVOOXDIVOverpaying
10$55$147$92
20$216$575$359
30$638$1,689$1,051

Expense ratio

  • 0.03%VOO, cheaper
  • 0.08%XDIV
  • Middle half of S&P 500 funds
  • Median 0.09%

VOO 2nd cheapest of 14 funds

XDIV 6th cheapest of 14 funds

VOO vs XDIV Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
VOO 1.07%
XDIV No data
Payout (12M)
VOO $7.43
XDIV None
Last payment
VOO $1.82
XDIV No data
Ex-dividend
VOO Sep 28, 2026
XDIV No data
Paid on
VOO Sep 30, 2026
XDIV No data
Frequency
VOO Quarterly
XDIV No data

Distribution history

Per share, 2017 to 2026, same scale for both

VOOQuarterly · 39 paymentsAll VOO payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 22, 2017 $1.00; Jun 23, 2017 $1.01; Sep 20, 2017 $1.18; Dec 26, 2017 $1.18; Mar 26, 2018 $1.08; Jun 28, 2018 $1.16; Sep 26, 2018 $1.21; Dec 17, 2018 $1.29; Mar 21, 2019 $1.46; Jun 27, 2019 $1.39; Sep 26, 2019 $1.30; Dec 23, 2019 $1.43; Mar 10, 2020 $1.18; Jun 29, 2020 $1.43; Sep 29, 2020 $1.31; Dec 22, 2020 $1.38; Mar 26, 2021 $1.26; Jun 29, 2021 $1.33; Sep 29, 2021 $1.31; Dec 21, 2021 $1.53; Mar 24, 2022 $1.37; Jun 29, 2022 $1.43; Sep 28, 2022 $1.47; Dec 20, 2022 $1.67; Mar 24, 2023 $1.49; Jun 29, 2023 $1.58; Sep 28, 2023 $1.49; Dec 20, 2023 $1.80; Mar 22, 2024 $1.54; Jun 28, 2024 $1.78; Sep 27, 2024 $1.64; Dec 23, 2024 $1.74; Mar 27, 2025 $1.81; Jun 30, 2025 $1.74; Sep 29, 2025 $1.74; Dec 22, 2025 $1.77; Mar 27, 2026 $1.87; Jun 26, 2026 $1.96; Sep 28, 2026 $1.82. Use the arrow keys to read each point.$0$22017202020232026YTD
XDIVAll XDIV payments⁠

No distribution history available.

VOO vs XDIV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
VOO 12.3%XDIV 11.7%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
VOO 1.42XDIV 1.06since Aug 2025
Worst fallMax drawdown, 5 years
VOO −24.5%XDIV −9.2%since Jul 2025
Market sensitivityBeta, 5 years
VOO 1.01XDIV 0.97

VOO and XDIV in the news

All news⁠

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