ROCY vs. VOO

Last updated Jun 24, 2026

ROCY (JPMorgan Equity Premium Yield ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - ROCY is a Derivative Income fund actively managed by JPMorgan, while VOO is a S&P 500 fund tracking the S&P 500 Index. ROCY is actively managed, while VOO is passively managed. With a 0.96 correlation, they move nearly in lockstep. ROCY charges 0.35%/yr vs 0.03%/yr for VOO.

Performance

ROCY vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Equity Premium Yield ETF (ROCY) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ROCY

• 1D: -1.05%
• 1M: -0.14%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VOO

• 1D: -1.42%
• 1M: -1.34%
• YTD: 8.19%
• 6M: 7.24%
• 1Y: 23.69%
• 3Y*: 20.78%
• 5Y*: 13.13%
• 10Y*: 15.61%

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

ROCY vs. VOO - Yearly Performance Comparison

	2026 (YTD)
ROCY JPMorgan Equity Premium Yield ETF	9.39%
VOO Vanguard S&P 500 ETF	11.52%

Correlation

The correlation between ROCY and VOO is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 19, 2026	0.96

Return for Risk

ROCY vs. VOO — Risk / Return Rank

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

ROCY

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

VOO

VOO Risk / Return Rank: 59
VOO Sharpe Ratio Rank: 59
VOO Sortino Ratio Rank: 56
VOO Omega Ratio Rank: 58
VOO Calmar Ratio Rank: 56
VOO Martin Ratio Rank: 67

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.

ROCY vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Premium Yield ETF (ROCY) 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.

	ROCY	VOO	Difference
Sharpe ratio: Return per unit of total volatility	—	1.91	—
Sortino ratio: Return per unit of downside risk	—	2.60	—
Omega ratio: Gain probability vs. loss probability	—	1.35	—
Calmar ratio: Return relative to maximum drawdown	—	2.67	—
Martin ratio: Return relative to average drawdown	—	11.96	—

Drawdowns

ROCY vs. VOO - Drawdown Comparison

The maximum ROCY drawdown since its inception was -3.53%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ROCY and VOO.

Drawdown Indicators

	ROCY	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-3.53%	-33.99%	+30.46%
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	-1.88%	-3.14%	+1.26%
Average Drawdown Average peak-to-trough decline	-0.56%	-3.68%	+3.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.99%	—

Volatility

Volatility by Period

	ROCY	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.83%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.82%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.34%	12.46%	-0.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.34%	16.91%	-4.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.34%	18.02%	-5.68%

ROCY vs. VOO - Expense Ratio Comparison

ROCY has a 0.35% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

ROCY vs. VOO - Dividend Comparison

ROCY's dividend yield for the trailing twelve months is around 1.65%, more than VOO's 1.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ROCY JPMorgan Equity Premium Yield ETF	1.65%	0.00%	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	1.05%	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 ROCY and VOO in my portfolio?

With a correlation of 0.96, ROCY and VOO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, ROCY 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, ROCY or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.35% for ROCY.

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

ROCY has the higher dividend yield at 1.65%, compared with 1.05% for VOO.

What is the main difference between ROCY and VOO?

ROCY is categorized as Derivative Income, while VOO is S&P 500. They also come from different issuers: JPMorgan and Vanguard. Their fees differ too: 0.35% for ROCY and 0.03% for VOO.