ITEQ vs. VOO

Last updated Aug 2, 2026

ITEQ (BlueStar Israel Technology ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - ITEQ is a Technology Equities fund tracking the BlueStar Israel Global Technology Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, ITEQ returned 9.68%/yr vs 15.14%/yr for VOO. Their 0.73 correlation means they have sometimes moved together and sometimes differently. ITEQ charges 0.75%/yr vs 0.03%/yr for VOO.

Performance

ITEQ vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlueStar Israel Technology ETF (ITEQ) 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, ITEQ achieves a 7.51% return, which is significantly lower than VOO's 10.16% return. Over the past 10 years, ITEQ has underperformed VOO with an annualized return of 9.68%, while VOO has yielded a comparatively higher 15.14% annualized return.

ITEQ

• 1D: 0.66%
• 1M: -5.78%
• 6M: 2.26%
• YTD: 7.51%
• 1Y: 17.90%
• 3Y*: 9.46%
• 5Y*: -1.90%
• 10Y*: 9.68%
• ALL TIME*: 8.93%

VOO

• 1D: 0.71%
• 1M: 0.26%
• 6M: 8.58%
• YTD: 10.16%
• 1Y: 21.58%
• 3Y*: 19.42%
• 5Y*: 12.83%
• 10Y*: 15.14%
• ALL TIME*: 14.78%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ITEQ BlueStar Israel Technology ETF	$217.34K	$197.61K	$295.84K
VOO Vanguard S&P 500 ETF	$3.82B	$3.78B	$5.44B

ITEQ vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ITEQ BlueStar Israel Technology ETF	7.51%	13.71%	11.70%	4.70%	-30.36%	-8.04%	58.96%	37.59%	-0.63%	26.87%
VOO Vanguard S&P 500 ETF	10.16%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-4.50%	21.77%

Correlation

The correlation between ITEQ and VOO is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.70
Correlation (3Y) Balances recent behavior with more history.	0.75
Correlation (5Y) Shows whether the relationship held over a longer period.	0.76
Correlation (10Y) Provides a long-term view across more market conditions.	0.73
Correlation (All Time) Calculated using the full available price history since Nov 3, 2015	0.73

The correlation between ITEQ and VOO has been stable across timeframes, ranging from 0.70 to 0.76 - a consistent structural relationship.

ITEQ vs. VOO - Sectors Allocation Comparison

Sectors	ITEQ	VOO
Technology	64.1%	38.6%
Industrials	11.2%	8.5%
Utilities	9.1%	2.2%
Financial Services	5.1%	11.4%
Healthcare	4.4%	8.9%
Consumer Cyclical	3.3%	9.5%
Communication Services	2.9%	9.9%
Energy	1.4%	3.0%
Basic Materials	-	1.7%
Consumer Defensive	-	4.5%
Real Estate	-	1.8%

Return for Risk

ITEQ vs. VOO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ITEQ

ITEQ Risk / Return Rank: 30
ITEQ Sharpe Ratio Rank: 28
ITEQ Sortino Ratio Rank: 28
ITEQ Omega Ratio Rank: 26
ITEQ Calmar Ratio Rank: 36
ITEQ Martin Ratio Rank: 33

VOO

VOO Risk / Return Rank: 68
VOO Sharpe Ratio Rank: 68
VOO Sortino Ratio Rank: 65
VOO Omega Ratio Rank: 66
VOO Calmar Ratio Rank: 64
VOO Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ITEQ vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlueStar Israel Technology ETF (ITEQ) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ITEQ	VOO	Difference
Sharpe ratio: Return per unit of total volatility	0.66	1.53	-0.87
Sortino ratio: Return per unit of downside risk	1.06	2.13	-1.07
Omega ratio: Gain probability vs. loss probability	1.12	1.28	-0.15
Calmar ratio: Return relative to maximum drawdown	1.22	2.21	-0.98
Martin ratio: Return relative to average drawdown	3.07	9.44	-6.37

ITEQ vs. VOO - Sharpe Ratio Comparison

The current ITEQ Sharpe Ratio is 0.66, which is lower than the VOO Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of ITEQ and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ITEQ vs. VOO - Drawdown Comparison

The maximum ITEQ drawdown since its inception was -54.63%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ITEQ and VOO.

Drawdown Indicators

	ITEQ	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-54.63%	-33.99%	-20.64%
Max Drawdown (1Y) Largest decline over 1 year	-13.29%	-8.90%	-4.39%
Max Drawdown (3Y) Largest decline over 3 years	-22.90%	-18.69%	-4.21%
Max Drawdown (5Y) Largest decline over 5 years	-50.29%	-24.52%	-25.77%
Max Drawdown (10Y) Largest decline over 10 years	-54.63%	-33.99%	-20.64%
Current Drawdown Current decline from peak	-20.34%	-1.38%	-18.96%
Average Drawdown Average peak-to-trough decline	-18.49%	-3.67%	-14.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.29%	2.08%	+3.21%

Volatility

ITEQ vs. VOO - Volatility Comparison

BlueStar Israel Technology ETF (ITEQ) has a higher volatility of 7.56% compared to Vanguard S&P 500 ETF (VOO) at 3.54%. This indicates that ITEQ's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ITEQ	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.56%	3.54%	+4.02%
Volatility (6M) Calculated over the trailing 6-month period	19.89%	10.10%	+9.79%
Volatility (1Y) Calculated over the trailing 1-year period	24.56%	12.82%	+11.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.32%	16.93%	+8.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.55%	18.01%	+5.54%

ITEQ vs. VOO - Expense Ratio Comparison

ITEQ has a 0.75% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

ITEQ vs. VOO - Dividend Comparison

ITEQ's dividend yield for the trailing twelve months is around 0.79%, less than VOO's 1.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ITEQ BlueStar Israel Technology ETF	0.79%	0.85%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.07%	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 ITEQ and VOO in my portfolio?

ITEQ and VOO have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ITEQ or VOO?

ITEQ has higher volatility (7.56%) compared to VOO (3.54%). In terms of maximum drawdown, ITEQ dropped -54.63% vs VOO's -33.99%.

Which ETF is better, ITEQ or VOO?

On 10-year performance, VOO leads with 15.14% vs 9.68% for ITEQ. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 3.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ITEQ or VOO?

Over the 10-year period, VOO has performed better with a 15.14% return vs 9.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ITEQ or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.75% for ITEQ.

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

VOO has the higher dividend yield at 1.07%, compared with 0.79% for ITEQ.

What is the main difference between ITEQ and VOO?

ITEQ is categorized as Technology Equities, while VOO is S&P 500. ITEQ tracks BlueStar Israel Global Technology Index, while VOO tracks S&P 500 Index. They also come from different issuers: ETFMG and Vanguard. Their fees differ too: 0.75% for ITEQ and 0.03% for VOO.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (1.53 vs 0.66), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.