Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →
VOOvsOVLETF Comparison
Vanguard S&P 500 ETF (VOO) belongs to the US Large Cap segment. Overlay Shares Large Cap Equity ETF (OVL) is part of the Options Strategies segment. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. VOO is less expensive with a Total Expense Ratio (TER) of 0.03%, versus 0.79% for OVL. VOO is down -2.87% year-to-date (YTD) with +$50.99B in YTD flows. OVL performs better with -2.21% YTD performance, and -$103K in YTD flows. Run a side-by-side ETF comparison of VOO and OVL below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
VOO vs OVL performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | VOO OVL | -2.86%-2.69% | -2.42%-1.64% | -2.87%-2.21% | +21.61%+24.47% | +79.29%+85.93% | +79.39%+78.63% |
| Flows | VOO OVL | +$24.99B+$2M | +$24.27B-$2M | +$50.99B-$103K | +$153.08B-$17M | +$344.72B-$33M | +$420.53B-$10M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | VOO OVL | +11.78%+14.52% | +18.18%+20.43% | +14.72%+16.96% | +16.99%+18.83% |
| Max drawdown | VOO OVL | -4.79%-4.80% | -13.71%-15.55% | -18.75%-21.55% | -24.52%-28.68% |
| Max drawdown duration | VOO OVL | 45d16d | 45d45d | 126d133d | 708d745d |
VOO | OVL | |
Last sale 3/13/2026 at 1:30 PM | $609.09 | $51.08 |
| Previous close 03/12/2026 | $612.50 | $51.54 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
VOO | OVL | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
VOO | OVL | |
|---|---|---|
| Last price | $609.09 | $51.08 |
| 1D performance | -0.56% | -0.89% |
| AuM | $858.83 B | $173.84 M |
| E/R | 0.03% | 0.79% |
VOO | OVL | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | Vanguard | Overlay Shares |
| Benchmark | S&P 500 Index | - |
| N° of holdings | 479 | 479 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 7, 2010 | September 25, 2019 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the VOO and OVL ETFs performed in 2026?
As of March 13, 2026, VOO is down -2.87% year-to-date (YTD), while OVL has lost -2.21%. That puts OVL better performer ahead so far this year.
Which ETF is attracting more investor money: VOO or OVL?
Year-to-date, the VOO ETF saw +$50.99B in flows, compared to -$103K for OVL.
Which ETF is more volatile: VOO or OVL?
Over the past year, VOO had a volatility of 18.18%, while OVL experienced 20.43%.
Which ETF is bigger: VOO or OVL?
As of March 13, 2026, VOO holds $858.83 B in assets under management (AUM), while OVL manages $173.84 M.
What sectors do the VOO and OVL ETFs invest in?
VOO leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, OVL focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the VOO ETF and OVL ETF?
VOO top holdings include NVIDIA, APPLE and MICROSOFT-T. OVL holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: VOO or OVL?
VOO holds 503 securities with 43.9% of its assets in the top 15. OVL has 503 securities and a top 15 weight of 43.91%.
MoneyShow Chart of the Day 2/2/2026: The Wildest Week in Metals Ever?
MoneyShow Chart of the Day 1/28/2026: The Greenback is on the Brink...Again
Notable ETF Filings and Launches Recap: February 2025
Vanguard S&P 500 ETF (VOO) Dethrones SPDR S&P 500 ETF Trust (SPY) as the Largest ETF by AUM
The Fastest Growing and Shrinking ETFs of 2025 So Far
Which ETFs do the Famous Investors Own?
Active Trader Report: Use of Leveraged & Inverse ETFs Way Up
Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.
