GOOW vs. VOO

Last updated Jun 5, 2026

GOOW (Roundhill GOOGL WeeklyPay™ ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - GOOW is a Derivative Income fund actively managed by Roundhill, while VOO is a S&P 500 fund tracking the S&P 500 Index. GOOW is actively managed, while VOO is passively managed. A 0.59 correlation means they provide meaningful diversification when combined. GOOW charges 0.99%/yr vs 0.03%/yr for VOO.

Performance

GOOW vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill GOOGL WeeklyPay™ ETF (GOOW) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GOOW achieves a 20.63% return, which is significantly higher than VOO's 11.34% return.

GOOW

• 1D: 4.51%
• 1M: -5.12%
• YTD: 20.63%
• 6M: 17.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VOO

• 1D: 0.39%
• 1M: 4.62%
• YTD: 11.34%
• 6M: 11.27%
• 1Y: 28.62%
• 3Y*: 22.68%
• 5Y*: 13.98%
• 10Y*: 15.55%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GOOW vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025
GOOW Roundhill GOOGL WeeklyPay™ ETF	20.63%	75.51%
VOO Vanguard S&P 500 ETF	11.34%	8.13%

Correlation

The correlation between GOOW and VOO is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 25, 2025	0.59

GOOW vs. VOO - Sectors Allocation Comparison

Sectors	GOOW	VOO
Communication Services	100.0%	11.3%
Basic Materials	-	1.8%
Consumer Cyclical	-	10.2%
Consumer Defensive	-	4.9%
Energy	-	3.5%
Financial Services	-	11.6%
Healthcare	-	8.5%
Industrials	-	8.3%
Real Estate	-	1.9%
Technology	-	35.7%
Utilities	-	2.4%

Return for Risk

GOOW vs. VOO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VOO

VOO Risk / Return Rank: 74
VOO Sharpe Ratio Rank: 76
VOO Sortino Ratio Rank: 75
VOO Omega Ratio Rank: 75
VOO Calmar Ratio Rank: 66
VOO Martin Ratio Rank: 78

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GOOW vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill GOOGL WeeklyPay™ ETF (GOOW) and Vanguard S&P 500 ETF (VOO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GOOW	VOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.44	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.84	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.71	0.89	+2.82

Drawdowns

GOOW vs. VOO - Drawdown Comparison

The maximum GOOW drawdown since its inception was -24.88%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GOOW and VOO.

Drawdown Indicators

	GOOW	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-24.88%	-33.99%	+9.11%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.90%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.69%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.52%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	-9.28%	-0.32%	-8.96%
Average Drawdown Average peak-to-trough decline	-4.82%	-3.69%	-1.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.91%	—

Volatility

Volatility by Period

	GOOW	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.78%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.90%	—
Volatility (1Y) Calculated over the trailing 1-year period	37.56%	11.80%	+25.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.56%	16.81%	+20.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.56%	18.00%	+19.56%

GOOW vs. VOO - Expense Ratio Comparison

GOOW has a 0.99% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

GOOW vs. VOO - Dividend Comparison

GOOW's dividend yield for the trailing twelve months is around 33.69%, more than VOO's 1.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GOOW Roundhill GOOGL WeeklyPay™ ETF	33.69%	19.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.02%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both GOOW and VOO in my portfolio?

GOOW and VOO have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GOOW or VOO?

On fees, VOO is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GOOW or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.99% for GOOW.

Which ETF pays a higher dividend yield, GOOW or VOO?

GOOW has the higher dividend yield at 33.69%, compared with 1.02% for VOO.

What is the main difference between GOOW and VOO?

GOOW is categorized as Derivative Income, while VOO is S&P 500. They also come from different issuers: Roundhill and Vanguard. Their fees differ too: 0.99% for GOOW and 0.03% for VOO.