LCAP vs VOO: Differences, Returns & Fees

LCAP and VOO hold 45% of their weight in the same names. Net assets: $1.9bn on Oct 8, 2026 for Principal Capital Appreciation Select ETF, and $1.0tn on Sep 30, 2026 for Vanguard S&P 500 ETF.

VOO costs 0.26 points a year less; their one-year returns differ by 0.4 points; VOO is far larger, $1.67tn against $1.8bn.

LCAP vs VOO: Differences, Returns & Fees
LCAPVOO
Expense ratio0.29%0.03%
Net assets, as of Jun 30, 2026$1.8bn$1.67tn
Total return, 1 year+17.7%+17.3%
What it tracksNo index, actively managedS&P 500 Index
Holdings in common45%
Top ten holdings, share of the fund42.0%37.8%

Holdings in common uses holdings dated Jun 30, 2026 and Aug 31, 2026.

+17.7%
LCAP total return, 1 year
+17.3%
VOO total return, 1 year
0.29%
LCAP expense ratio
0.03%
VOO expense ratio

What they hold in common

By the books each fund has filed, LCAP and VOO hold 45% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Aug 31, 2026.

half

45% in common

Positions both hold, largest shared weight first
Holding LCAP VOO
NVIDIA Corp 7.18% 8.09%
Apple Inc 6.06% 7.04%
Microsoft Corp 3.88% 5.70%
Amazon.com Inc 3.73% 3.85%
Alphabet Inc 5.38% 3.01%
Broadcom Inc 3.36% 2.65%
Micron Technology Inc 1.91% 1.64%
Meta Platforms Inc 1.62% 1.90%
Tesla Inc 1.58% 1.57%
JPMorgan Chase & Co 2.82% 1.44%
Eli Lilly & Co 2.52% 1.38%
Advanced Micro Devices Inc 1.40% 1.16%
Only in LCAP
Twilio Inc 1.52%
Novartis AG 1.49%
Dick's Sporting Goods Inc 1.23%
Taiwan Semiconductor Manufacturing Co Ltd 1.16%
Exxon Mobil Corp 1.09%
Terreno Realty Corp 0.90%
Nexstar Media Group Inc 0.64%
Bloom Energy Corp 0.64%
Only in VOO
Alphabet Inc 2.40%
ExxonMobil Holdings Corp 1.01%
Johnson & Johnson 0.97%
Mastercard Inc 0.72%
Walmart Inc 0.69%
Intel Corp 0.67%
Cisco Systems Inc 0.66%
Palantir Technologies Inc 0.65%

Check overlap with more funds →

On the same fields

LCAP
Principal Capital Appreciation Select ETF
VOO
Vanguard S&P 500 ETF
Where it sits Stock ETF Stock ETF
What it is Actively managed Tracks the S&P 500
Total return, 1 year +17.7% +17.3%
Its benchmark over the same days +16.6% (IWB) +17.3% (IVV)
Gap to its benchmark +1.0 pts vs IWB 0.0 pts vs IVV
Expense ratio 0.29% 0.03%
Already in the S&P 500 89.5% 99.7%
Holdings 54 507
Net assets, LCAP as of Oct 8, 2026 and VOO as of Sep 30, 2026 $1.9bn $1.0tn

LCAP and VOO on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About LCAP

LCAP is actively managed and tracks no index. The prospectus expense ratio is 0.29% a year. By its holdings filed for Jun 30, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 54 positions, with the top ten at 42.0%.

Over the year to Oct 9, 2026 it returned +17.7% with distributions reinvested, against +16.6% for its benchmark, the Russell 1000 Index.

About VOO

VOO tracks the S&P 500. Over the year to Oct 9, 2026 it returned +17.3% with distributions reinvested, against +17.3% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Aug 31, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 507 positions, with the top ten at 37.8%.

Questions people ask

Which returned more over the last year, LCAP or VOO?
In the year to Oct 9, 2026, with distributions reinvested, LCAP returned +17.7% and VOO +17.3%.
Which is cheaper, LCAP or VOO?
VOO is cheaper, by 0.26 percentage points a year. That is about $26 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do LCAP and VOO overlap with the S&P 500?
By their latest filed holdings, 90% of LCAP and 100% of VOO by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, LCAP against VOO, data as of Oct 9, 2026. https://etfiq.com/compare/any/lcap-vs-voo

Open data

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