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ISPY vs VOO

ProShares S&P 500 High Income ETF vs Vanguard S&P 500 ETF

ISPY

ProShares S&P 500 High Income ETF

Annual cost

0.56%

Fund size

$1.3B

VOO

Vanguard S&P 500 ETF

Annual cost

0.03%

Fund size

$1.7T

Key differences

ISPY is an alternative ETF, while VOO is an equity ETF. ISPY charges 0.56% a year and VOO 0.03%.

  • ISPY is an alternative fund, while VOO is an equity fund. They carry different risk/return profiles.
  • ISPY follows a option income strategy; VOO uses index tracking.
  • VOO costs 0.53% less per year.
  • VOO is much larger than ISPY. Larger funds are usually more liquid and less likely to close.
  • VOO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ISPYVOO
Annual cost (TER)0.56%0.03%
Fund size (AUM)$1.3B$1.7T
Since20232010
Dividend yield4.62%1.03%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+22.3%+25.3%
CAGR 3YN/A+22.5%
CAGR 5YN/A+13.5%
Sharpe 3YN/A1.21
Volatility 1Y11.84%12.10%
Max drawdown-16.88%-33.99%

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