BOEU vs VOO
Direxion Daily BA Bull 2X ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | BOEU | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.06% | 0.03% | |
| AUM | $22M | $997.4B | |
| Dividend Yield | 1.72% | 1.08% | |
| Holdings | 10 | 509 | |
| YTD Return | -16.87% | +13.20% | |
| 1Y Return | -22.23% | +21.62% | |
| 3Y Return (annualized) | - | +22.16% | |
| 5Y Return (annualized) | - | +13.42% | |
| Volatility (annualized) | 58.8% | 14.1% | |
| Max Drawdown | -46.0% | -34.3% | |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Apr 23, 2025 | Sep 7, 2010 |
BOEU vs VOO Performance
Direxion Daily BA Bull 2X ETF (BOEU) is a ETF from Direxion Shares ETF Trust and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year BOEU returned -22.23% while VOO returned +21.62%. Year to date, BOEU is down 16.87% versus a gain of 13.20% for VOO.
Risk: Volatility and Drawdowns
BOEU has been the more volatile fund, with annualized monthly volatility of 58.8% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -46.0% for BOEU and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BOEU charges 1.06% per year while VOO charges 0.03%. On a $10,000 position that is $106 vs $3 annually, a gap of $103 per year that compounds over a long holding period. On income, BOEU currently yields 1.72% against 1.08% for VOO.
Holdings Overlap
BOEU and VOO share 1 holdings out of 509 unique holdings combined, representing a 0.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in BOEU | Weight in VOO | Difference |
|---|---|---|---|
| BA | 15.72% | 0.26% | 15.46% |
Frequently Asked Questions
Which is cheaper, BOEU or VOO?
BOEU has an expense ratio of 1.06% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $103 per year of difference.
Which performed better, BOEU or VOO?
Over the past year BOEU returned -22.23% vs +21.62% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), BOEU annualized +18.70% vs +13.51% for VOO. Past performance does not guarantee future results.
Which is riskier, BOEU or VOO?
BOEU has been the more volatile fund at 58.8% annualized versus 14.1% for VOO. Worst drawdown: BOEU -46.0% vs VOO -34.3%.
Should I hold both BOEU and VOO?
BOEU and VOO have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BOEU and VOO?
BOEU and VOO share 1 common holdings with a 0.3% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, BOEU or VOO?
BOEU yields 1.72% while VOO yields 1.08%, so BOEU currently pays the higher dividend yield.
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