DBEF vs VOO
Xtrackers MSCI EAFE Hedged Equity ETF vs Vanguard S&P 500 ETF
Which is better, DBEF or VOO?
Each has led over a different period.
VOO has a lower expense ratio. DBEF led over 1Y and 5Y, VOO over 3Y and the full window. DBEF is less concentrated, with 13.7% of the fund in its ten largest positions against 37.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DBEF | VOO |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $9.4B | $997.4B |
| Dividend Yield | 2.24% | 1.04% |
| Holdings | 691 | 509 |
| YTD Return | +13.94%Best | +13.82% |
| 1Y Return | +23.59%Best | +18.56% |
| 3Y Return (annualized) | +19.58% | +23.49%Best |
| 5Y Return (annualized) | +13.51%Best | +13.34% |
| Volatility (annualized) | 12.5%Best | 14.3% |
| Max Drawdown | -32.5%Best | -34.3% |
| $10,000 over 5 years | $18,844Best | $18,703 |
| Top 10 Weight | 13.7%Best | 37.6% |
| Fund Family | Xtrackers ETFs | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 9, 2011 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Jun 9, 2011 to Sep 25, 2026 (15.3 years).
DBEF vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 15.3 years both funds cover.
DBEF vs VOO Performance
Xtrackers MSCI EAFE Hedged Equity ETF (DBEF) is an ETF from Xtrackers ETFs and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year DBEF returned +23.59% while VOO returned +18.56%. Year to date, DBEF is up 13.94% versus a gain of 13.82% for VOO.
Over three years, DBEF compounded at +19.58% per year against +23.49% for VOO; over five years the annualized figures are +13.51% and +13.34% respectively. Across the full 15-year window we track, VOO has the edge at +13.01% annualized vs +10.32%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.3% compared with 12.5% for DBEF. 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 -32.5% for DBEF and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DBEF charges 0.35% per year while VOO charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, DBEF currently yields 2.24% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 660 holdings in DBEF and 494 in VOO, totalling 97.9% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 660 positions we hold weights for in DBEF and 494 in VOO, against full books of 691 and 509.
What only one of them owns
Our book lists 487 positions for VOO that do not appear in our book for DBEF (99.2% of the fund), and 4 for DBEF that do not appear in VOO (0.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of DBEF and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DBEF or VOO?
DBEF has an expense ratio of 0.35% while VOO charges 0.03%. VOO is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, DBEF or VOO?
Over the past year DBEF returned +23.59% vs +18.56% for VOO, so DBEF leads on 1-year performance. Over the longest common window we track (15 years), DBEF annualized +10.32% vs +13.01% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DBEF or VOO?
VOO has been the more volatile fund at 14.3% annualized versus 12.5% for DBEF. Worst drawdown: DBEF -32.5% vs VOO -34.3%.
Should I hold both DBEF and VOO?
DBEF and VOO have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DBEF or VOO?
DBEF yields 2.24% while VOO yields 1.04%, so DBEF currently pays the higher dividend yield.
Is VOO better than DBEF?
VOO has a lower expense ratio. DBEF led over 1Y and 5Y, VOO over 3Y and the full window. DBEF is less concentrated, with 13.7% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.