Data as of Oct 28, 2026.
VOO vs XRMI: Differences, Returns & Fees
Over the year to Oct 28, 2026, VOO returned +13.7% to XRMI's +8.6%, and VOO charges 0.03% to XRMI's 0.60%.
askIQ about this page
askIQ about VOO and XRMI
Net assets: $1.0tn on Sep 30, 2026 for Vanguard S&P 500 ETF, and $62m on Oct 12, 2026 for Global X S&P 500 Risk Managed Income ETF.
Pair scorecard
VOO costs 0.57 points a year less; their one-year returns differ by 5.1 points.
| Measure | VOO | XRMI |
|---|---|---|
| Return | ||
| Total return, 1 year | +13.7% | +8.6% |
| Price change, 1 year | rose 12.4% | fell 3.8% |
| Latest payout, annualized | 10.6% | |
| Return of capital, issuer estimate | 95% of the Sep 24, 2026 payment | |
| Against its benchmark | ||
| What it tracks | S&P 500 Index | Benchmark: S&P 500, measured through SPY |
| Against its benchmark, same days | behind by 5.0 pts | |
| Cost and size | ||
| Expense ratio | 0.03% | 0.60% |
| Net assets, VOO as of Sep 30, 2026 and XRMI as of Oct 12, 2026 | $1.0tn | $62m |
| Holdings | ||
| Holdings in common | 95% | |
| In the S&P 500, by weight | 100% | |
| Top ten holdings, share of the fund | 39.1% | |
Holdings in common uses holdings dated Jul 31, 2026 and Sep 30, 2026. Method
Risk and return
Sep 3, 2021 to Oct 23, 2026 · 268 weekly returnsEach against its own benchmark: VOO against IVV, Sep 17, 2010 to Oct 23, 2026; XRMI against SPY, Sep 3, 2021 to Oct 23, 2026.
VOO returned more: +80.4% to +16.4%. XRMI swung less: 6.5% to 16.1%. XRMI fell less at its worst: −15.1% to −23.9%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | VOO | XRMI | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +80.4% | +16.4% | VOO | Price change plus distributions, reinvested. |
| Annualized | +12.1% | +3.0% | VOO | Total return as a yearly rate. |
| Price return | +67.7% | −36.5% | VOO | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 16.1% | 6.5% | XRMI | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 10.8% | 5.0% | XRMI | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −23.9% | −15.1% | XRMI | Deepest fall from a high to the low after it. |
| Upside capture | 99.8% | 22.9% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 99.9% | 44.0% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 1.00 | 0.33 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 1.00 | 0.68 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.56 | −0.10 | VOO | Return above Treasury bills per unit of volatility. |
| Sortino | 0.83 | −0.13 | VOO | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.134 | −0.020 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.51 | 0.20 | VOO | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | IVV | SPY | The ETF each fund is measured against. | |
| Alpha | 0.0% a year | −3.6% a year | VOO not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 0.51 | −2.24 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −0.1% to +0.2% | −6.8% to −0.4% | VOO includes zero | The 95% range for the yearly alpha. |
| Information ratio | 0.02 | −0.84 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 0.4% | 11.4% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 268 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, VOO and XRMI hold 95% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Sep 30, 2026.
half
95% in common
Only in one fund ↓
Side by side
VOO and XRMI on the fields both publish, as of Oct 28, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price.
VOO and XRMI do different jobs. What does each one do in a portfolio?
- What each follows. VOO follows S&P 500 Index and XRMI is measured against S&P 500 through SPY.
- One-year total return. Over 1 year to Oct 28, 2026 VOO returned +13.7% and XRMI +8.6% with distributions reinvested, a gap of 5.1 points.
- Cost. VOO charges 0.03% of assets a year and XRMI 0.60%, a gap of 0.57 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
VOO
VOO tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.7% 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 Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 507 positions, with the top ten at 39.1%.
XRMI
Over the year to Oct 28, 2026, XRMI paid 11.9% of its starting value in cash distributions while its price fell 3.8%. With every distribution reinvested, the fund returned +8.6%. S&P 500 (SPY) returned +13.6% over the same days, so a holder was behind by 5.0 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 10.6%, paid monthly. Global X estimates that 95% of the distribution paid Sep 24, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
- Are VOO and XRMI in the same category?
- VOO is a stock ETF and XRMI is an option-income ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, VOO or XRMI?
- In the year to Oct 28, 2026, with distributions reinvested, VOO returned +13.7% and XRMI +8.6%.
- Which is cheaper, VOO or XRMI?
- VOO is cheaper, by 0.57 percentage points a year. That is about $57 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, VOO against XRMI, data as of Oct 28, 2026. https://etfiq.com/compare/any/voo-vs-xrmi
ETFIQ. (Oct 28, 2026). VOO against XRMI. Retrieved from https://etfiq.com/compare/any/voo-vs-xrmi
[VOO against XRMI (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/voo-vs-xrmi)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.