Track the performance of the S&P 500 Index, representing 500 of the largest U.S. companies.
Seeks capital appreciation as its primary objective and current income as its secondary objective by investing primarily in U.S. large-cap equities or ETFs and using options strategies to generate net premiums.
— Distribution yield, Safety-Adjusted Yield, last dividend, and ex-dividend date are not yet available because VOOY launched August 2026; these fields will populate after the first distribution.
Bottom lineWe won't call this one: VOOY launched August 2026, so there is not yet a track record to compare. Compare the strategy, cost and holdings in the sections above and treat any performance figures for the newer ETF as provisional. What is already clear from the numbers above: the two do not cost the same — VOO charges 0.03% against 0.78% for VOOY, and on funds tracking the same thing that gap compounds every year you hold.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Vanguard is one of the largest and most established ETF issuers, known for low-cost, broadly diversified fund offerings built on passive indexing principles. Their lineup spans multiple asset classes and strategies, including core equity and bond index funds, dividend-focused portfolios, ESG-screened options, factor-based strategies, sector exposure, target-date retirement funds, and international investments across developed and emerging markets. The platform is characterized by its emphasis on accessibility and cost efficiency across a comprehensive range of fund families, serving both individual investors seeking broad market exposure and those pursuing specific income, sustainability, or thematic objectives.
See our curated list of related YouTube videos on VOO.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Nicholas Wealth Management is known for offering specialized ETFs across digital assets, income generation, and thematic investing strategies. Their fund lineup spans emerging asset classes including cryptocurrency and blockchain exposure, traditional income-focused strategies, and sector-specific themes ranging from nuclear energy to nightlife, appealing to investors seeking both alternative investments and targeted sector exposure. The issuer maintains a focused but diversified portfolio of tickers that caters to both conventional income seekers and those pursuing niche, forward-looking investment themes.
See our curated list of related YouTube videos on VOOY.
VOO (Vanguard S&P 500 ETF) and VOOY (XFUNDS Large Cap Income ETF) are both ETFs, but they take different approaches.
VOO currently shows a 1.10% distribution yield. VOOY has not yet established a full distribution history, so a comparable yield figure is not available.
VOO is cheaper with an expense ratio of 0.03% compared to 0.78%.
They have different reference exposures: VOO is linked to S&P 500 Index while VOOY is linked to U.S. Large-Cap Equities, which means their performance drivers differ.
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On a $10,000 investment, VOO would generate roughly $9.17/month, while VOOY has no reported distribution yield yet, so a monthly income estimate is not available, at current distribution rates.
VOO yield1.10%
VOOY yield—
Cost & efficiency
Over 10 years on $10,000, VOO would cost approximately $30 in fees vs $780 for VOOY (simplified, not compounded). The $750.00 difference may be offset by yield or performance.
VOO ER0.03%
VOOY ER0.78%
Strategy & risk
VOO tracks S&P 500 Index with a large cap approach, while VOOY tracks U.S. Large-Cap Equities with a growth & income approach.
VOO beta1.0
VOOY beta—
Fund details
VOO is managed by Vanguard (launched 09/07/2010) with $1041B in assets. VOOY is managed by Nicholas Wealth Management (launched 08/31/2026).
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Frequently asked questions
Which of VOO or VOOY pays more dividend income?
VOO currently reports a distribution yield, while VOOY has not yet established a full distribution history. A direct income comparison is not yet meaningful — check back once both funds have published several consecutive distributions.
What is the difference between VOO and VOOY?
VOO (Vanguard S&P 500 ETF) tracks S&P 500 Index with a large cap approach, while VOOY (XFUNDS Large Cap Income ETF) tracks U.S. Large-Cap Equities with a growth & income approach. They are issued by Vanguard and Nicholas Wealth Management respectively.
Can I hold both VOO and VOOY?
Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.
Which has lower fees, VOO or VOOY?
VOO has an expense ratio of 0.03% while VOOY charges 0.78%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in VOO vs VOOY generate?
At current rates, $10,000 in VOO would generate roughly $9.17 per month ($110.00 annually). VOOY has not established a distribution history yet, so a monthly income estimate is not available.
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