TOV vs. VOO

Last updated Jun 24, 2026

TOV (JLens 500 Jewish Advocacy U.S. ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - TOV is a Large Cap Blend Equities fund tracking the JLens 500 Jewish Advocacy U.S. Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past year, TOV returned 23.74% vs 22.23% for VOO. With a 0.98 correlation, they move nearly in lockstep. TOV charges 0.18%/yr vs 0.03%/yr for VOO.

Performance

TOV vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JLens 500 Jewish Advocacy U.S. ETF (TOV) 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, TOV achieves a 8.54% return, which is significantly higher than VOO's 8.08% return.

TOV

• 1D: -1.17%
• 1M: -1.12%
• YTD: 8.54%
• 6M: 7.36%
• 1Y: 23.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VOO

• 1D: -0.10%
• 1M: -1.44%
• YTD: 8.08%
• 6M: 6.78%
• 1Y: 22.23%
• 3Y*: 20.75%
• 5Y*: 13.02%
• 10Y*: 15.60%

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

TOV vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025
TOV JLens 500 Jewish Advocacy U.S. ETF	8.54%	14.91%
VOO Vanguard S&P 500 ETF	8.08%	16.11%

Correlation

The correlation between TOV and VOO is 0.98 - 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 (1Y) Calculated over the trailing 1-year period	0.98
Correlation (All Time) Calculated using the full available price history since Feb 27, 2025	0.98

The correlation between TOV and VOO has been stable across timeframes, ranging from 0.98 to 0.98 - a consistent structural relationship.

TOV vs. VOO - Sectors Allocation Comparison

Sectors	TOV	VOO
Technology	39.4%	39.1%
Financial Services	11.1%	10.9%
Communication Services	10.9%	10.5%
Consumer Cyclical	9.6%	9.8%
Healthcare	8.4%	8.3%
Industrials	8.0%	7.6%
Consumer Defensive	4.4%	4.5%
Energy	3.2%	3.2%
Utilities	2.0%	2.5%
Real Estate	1.6%	1.8%
Basic Materials	1.5%	1.7%

Return for Risk

TOV vs. VOO — Risk / Return Rank

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

TOV

TOV Risk / Return Rank: 63
TOV Sharpe Ratio Rank: 63
TOV Sortino Ratio Rank: 61
TOV Omega Ratio Rank: 61
TOV Calmar Ratio Rank: 60
TOV Martin Ratio Rank: 69

VOO

VOO Risk / Return Rank: 60
VOO Sharpe Ratio Rank: 59
VOO Sortino Ratio Rank: 57
VOO Omega Ratio Rank: 59
VOO Calmar Ratio Rank: 57
VOO Martin Ratio Rank: 68

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.

TOV vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JLens 500 Jewish Advocacy U.S. ETF (TOV) 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.

	TOV	VOO	Difference
Sharpe ratio: Return per unit of total volatility	1.87	1.80	+0.06
Sortino ratio: Return per unit of downside risk	2.57	2.46	+0.11
Omega ratio: Gain probability vs. loss probability	1.34	1.33	+0.01
Calmar ratio: Return relative to maximum drawdown	2.68	2.51	+0.17
Martin ratio: Return relative to average drawdown	11.52	11.16	+0.36

TOV vs. VOO - Sharpe Ratio Comparison

The current TOV Sharpe Ratio is 1.87, which is comparable to the VOO Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of TOV 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

TOV vs. VOO - Drawdown Comparison

The maximum TOV drawdown since its inception was -16.97%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for TOV and VOO.

Drawdown Indicators

	TOV	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-16.97%	-33.99%	+17.02%
Max Drawdown (1Y) Largest decline over 1 year	-8.89%	-8.90%	+0.01%
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	-3.07%	-3.23%	+0.16%
Average Drawdown Average peak-to-trough decline	-2.20%	-3.68%	+1.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	2.00%	+0.07%

Volatility

TOV vs. VOO - Volatility Comparison

JLens 500 Jewish Advocacy U.S. ETF (TOV) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.65% and 4.80%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TOV	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.65%	4.80%	-0.15%
Volatility (6M) Calculated over the trailing 6-month period	10.16%	9.79%	+0.37%
Volatility (1Y) Calculated over the trailing 1-year period	12.80%	12.43%	+0.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.01%	16.91%	+1.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.01%	18.02%	-0.01%

TOV vs. VOO - Expense Ratio Comparison

TOV has a 0.18% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

TOV vs. VOO - Dividend Comparison

TOV's dividend yield for the trailing twelve months is around 0.84%, less than VOO's 1.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TOV JLens 500 Jewish Advocacy U.S. ETF	0.84%	0.76%	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 TOV and VOO in my portfolio?

With a correlation of 0.98, TOV 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 is riskier, TOV or VOO?

VOO has higher volatility (4.80%) compared to TOV (4.65%). In terms of maximum drawdown, TOV dropped -16.97% vs VOO's -33.99%.

Which ETF is better, TOV or VOO?

On 1-year performance, TOV leads with 23.74% vs 22.23% for VOO. On fees, VOO is cheaper at 0.03% per year. On volatility, TOV has been the lower-risk option at 4.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TOV or VOO?

Over the 1-year period, TOV has performed better with a 23.74% return vs 22.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TOV or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.18% for TOV.

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

VOO has the higher dividend yield at 1.05%, compared with 0.84% for TOV.

What is the main difference between TOV and VOO?

TOV is categorized as Large Cap Blend Equities, while VOO is S&P 500. TOV tracks JLens 500 Jewish Advocacy U.S. Index, while VOO tracks S&P 500 Index. They also come from different issuers: JLens and Vanguard. Their fees differ too: 0.18% for TOV and 0.03% for VOO.

Which has better risk-adjusted returns?

TOV currently has the higher Sharpe Ratio (1.87 vs 1.80), 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.