Which returned more over the last year, BOXX or VOE?

In the year to Oct 28, 2026, with distributions reinvested, BOXX returned +4.0% and VOE +22.8%.

Which is cheaper, BOXX or VOE?

VOE is cheaper, by 0.14 percentage points a year. That is about $14 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

BOXX vs VOE: Differences, Returns & Fees

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BOXX is an actively managed short-term fund and VOE an equity index fund, and over the year to Oct 28, 2026, VOE returned +22.8% against +4.0%.

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Net assets: $14.5bn on Oct 28, 2026 for Alpha Architect 1-3 Month Box ETF, and $22.8bn on Sep 30, 2026 for Vanguard Morningstar Mid-Cap Value ETF.

BOXX on its own →VOE on its own →

At a glance

+4.0%

BOXX total return, 1 year

+22.8%

VOE total return, 1 year

0.19%

BOXX expense ratio

0.05%

VOE expense ratio

Pair scorecard

VOE costs 0.14 points a year less; their one-year returns differ by 18.8 points.

BOXX vs VOE: Differences, Returns & Fees
Measure	BOXX	VOE
Return
Measure	BOXX	VOE
Total return, 1 year	+4.0%	+22.8%
Benchmark
Measure	BOXX	VOE
What it tracks	No index, actively managed	Morningstar US Mid Cap Value Index
Cost and size
Measure	BOXX	VOE
Expense ratio	0.19%	0.05%
Net assets, BOXX as of Oct 28, 2026 and VOE as of Sep 30, 2026	$14.5bn	$22.8bn
Holdings
Measure	BOXX	VOE
Holdings in common	not published
In the S&P 500, by weight		96%
Top ten holdings, share of the fund		14.0%

Method

Risk and return

Jan 6, 2023 to Oct 23, 2026 · 198 weekly returns

BOXX VOE

Return

Total return edge VOE +18.9% +62.1%

Annualized edge VOE +4.6% +13.5%

Price return edge VOE +18.6% +49.1%

Risk

Volatility edge BOXX 0.2% 13.5%

Max drawdown edge BOXX −0.1% −16.3%

Risk-adjusted

Sharpe edge VOE −0.25 0.67

Sortino edge VOE −0.35 0.96

Calmar Not measured 0.83

Reading

VOE returned more: +62.1% to +18.9%. BOXX swung less: 0.2% to 13.5%. BOXX fell less at its worst: −0.1% to −16.3%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: BOXX vs VOE: Differences, Returns & Fees
Measure	BOXX	VOE	Edge	How it is measured
Return
Total return	+18.9%	+62.1%	VOE	Price change plus distributions, reinvested.
Annualized	+4.6%	+13.5%	VOE	Total return as a yearly rate.
Price return	+18.6%	+49.1%	VOE	Price change alone, distributions left out.
Risk
Volatility	0.2%	13.5%	BOXX	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	0.2%	9.4%	BOXX	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−0.1%	−16.3%	BOXX	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	−0.25	0.67	VOE	Return above Treasury bills per unit of volatility.
Sortino	−0.35	0.96	VOE	Return above Treasury bills per unit of downside deviation.
Calmar	Not measured	0.83		Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 198 weekly returns. Cash rate: the 13-week Treasury bill.

Side by side

BOXX Alpha Architect 1-3 Month Box ETF VOE Vanguard Morningstar Mid-Cap Value ETF

Where it sits Bond ETF Stock ETF

Issuer Alpha Architect Vanguard

What it is Actively managed Tracks an index of Mid-Cap Value

Total return, 1 year +4.0% +22.8%

Expense ratio 0.19% 0.05%

Holdings not counted 169

Net assets, BOXX as of Oct 28, 2026 and VOE as of Sep 30, 2026 $14.5bn $22.8bn

BOXX and VOE on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-162E55D98A

BOXX and VOE do different jobs. What does each one do in a portfolio?

What each follows. BOXX follows No index, actively managed and VOE follows Morningstar US Mid Cap Value Index.
One-year total return. Over 1 year to Oct 28, 2026 BOXX returned +4.0% and VOE +22.8% with distributions reinvested, a gap of 18.8 points.
Cost. BOXX charges 0.19% of assets a year and VOE 0.05%, a gap of 0.14 points.

Data as of Oct 28, 2026.

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About each fund

BOXX

BOXX is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +4.0% with distributions reinvested. The prospectus expense ratio is 0.19% a year.

VOE

VOE tracks an index of Mid-Cap Value. Over the year to Oct 28, 2026 it returned +22.8% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 169 positions, with the top ten at 14.0%.

Questions people ask

Which returned more over the last year, BOXX or VOE?: In the year to Oct 28, 2026, with distributions reinvested, BOXX returned +4.0% and VOE +22.8%.
Which is cheaper, BOXX or VOE?: VOE is cheaper, by 0.14 percentage points a year. That is about $14 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BOXX vs SDY BOXX vs COWZ BOXX vs NOBL BOXX vs RSP VBIL vs VOE MINT vs VOE USFR vs VOE PULS vs VOE

Where to next

BOXX on its own →VOE on its own →Hold both: look the portfolio through →Rankings →BOXX dividend history →VOE dividend history →VOE holdings →Standards and sources →

Sources and dates

BOXX filings on SEC EDGAR ↗

BOXX prospectus with the expense ratio (SEC) ↗

Alpha Architect website ↗

VOE filings on SEC EDGAR ↗

VOE prospectus with the expense ratio (SEC) ↗

Vanguard page for VOE ↗

Links are sources, not endorsements. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, BOXX against VOE, data as of Oct 28, 2026. https://etfiq.com/compare/any/boxx-vs-voe

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.