CEE vs VOO
CEE vs VOO
The Central and Eastern Europe Fund Inc. vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. CEE delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | CEE | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.18% | 0.03% | |
| AUM | $142M | $979.0B | |
| Dividend Yield | 1.85% | 1.09% | |
| Holdings | 60 | 509 | |
| YTD Return | +17.98% | +13.80% | |
| 1Y Return | +33.49% | +23.71% | |
| 3Y Return (annualized) | +35.78% | +21.50% | |
| 5Y Return (annualized) | -2.07% | +13.44% | |
| Volatility (annualized) | 31.2% | 14.1% | |
| Max Drawdown | -83.0% | -34.3% | |
| Fund Family | DWS ETF Trust | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 6, 1990 | Sep 7, 2010 |
CEE vs VOO Performance
The Central and Eastern Europe Fund Inc. (CEE) is a ETF from DWS ETF Trust and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year CEE returned +33.49% while VOO returned +23.71%. Year to date, CEE is up 17.98% versus a gain of 13.80% for VOO.
Over three years, CEE compounded at +35.78% per year against +21.50% for VOO; over five years the annualized figures are -2.07% and +13.44% respectively. Across the full 16-year window we track, VOO has the edge at +13.58% annualized vs +7.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CEE has been the more volatile fund, with annualized monthly volatility of 31.2% 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 -83.0% for CEE 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 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CEE charges 1.18% per year while VOO charges 0.03%. On a $10,000 position that is $118 vs $3 annually, a gap of $115 per year that compounds over a long holding period. On income, CEE currently yields 1.85% against 1.09% for VOO.
Holdings Overlap
CEE and VOO share 0 holdings out of 555 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, CEE or VOO?
CEE has an expense ratio of 1.18% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $115 per year of difference.
Which performed better, CEE or VOO?
Over the past year CEE returned +33.49% vs +23.71% for VOO, so CEE leads on 1-year performance. Over the longest common window we track (16 years), CEE annualized +7.01% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, CEE or VOO?
CEE has been the more volatile fund at 31.2% annualized versus 14.1% for VOO. Worst drawdown: CEE -83.0% vs VOO -34.3%.
Should I hold both CEE and VOO?
CEE and VOO have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CEE and VOO?
CEE and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 555 unique securities.
Which pays a higher dividend, CEE or VOO?
CEE yields 1.85% while VOO yields 1.09%, so CEE currently pays the higher dividend yield.
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