DBMF vs VOO
iMGP DBi Managed Futures Strategy ETF vs Vanguard S&P 500 ETF
Which is better, DBMF or VOO?
Multi Alternative against Large Cap Blend.
VOO has a lower expense ratio. DBMF led over 1Y, VOO over 3Y, 5Y and the full window.
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 | DBMF | VOO |
|---|---|---|
| Expense Ratio | 0.85% | 0.03%Best |
| AUM | $2.1B | $997.4B |
| Dividend Yield | 5.03% | 1.04% |
| Holdings | 12 | 509 |
| YTD Return | +14.78%Best | +12.25% |
| 1Y Return | +24.96%Best | +17.03% |
| 3Y Return (annualized) | +9.60% | +21.25%Best |
| 5Y Return (annualized) | +9.67% | +13.08%Best |
| Volatility (annualized) | 11.6%Best | 16.4% |
| Max Drawdown | -20.4%Best | -34.3% |
| $10,000 over 5 years | $15,865 | $18,490Best |
| Fund Family | iMGP Funds | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | May 7, 2019 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 8, 2019 to Sep 17, 2026 (7.4 years).
DBMF 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 7.4 years both funds cover.
DBMF vs VOO Performance
iMGP DBi Managed Futures Strategy ETF (DBMF) is an ETF from iMGP Funds and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year DBMF returned +24.96% while VOO returned +17.03%. Year to date, DBMF is up 14.78% versus a gain of 12.25% for VOO.
Over three years, DBMF compounded at +9.60% per year against +21.25% for VOO; over five years the annualized figures are +9.67% and +13.08% respectively. Across the full 7-year window we track, VOO has the edge at +15.39% annualized vs +8.10%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 11.6% for DBMF. 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 -20.4% for DBMF 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 -0.15. They move largely independently of each other.
Fees and Cost Over Time
DBMF charges 0.85% per year while VOO charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, DBMF currently yields 5.03% against 1.04% for VOO.
You are not choosing between two funds in isolation.
Whichever of DBMF 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, DBMF or VOO?
DBMF has an expense ratio of 0.85% while VOO charges 0.03%. VOO is the cheaper option, by $82 a year on a $10,000 investment.
Which performed better, DBMF or VOO?
Over the past year DBMF returned +24.96% vs +17.03% for VOO, so DBMF leads on 1-year performance. Over the longest common window we track (7 years), DBMF annualized +8.10% vs +15.39% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DBMF or VOO?
VOO has been the more volatile fund at 16.4% annualized versus 11.6% for DBMF. Worst drawdown: DBMF -20.4% vs VOO -34.3%.
Should I hold both DBMF and VOO?
DBMF and VOO have a monthly-return correlation of -0.15, 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, DBMF or VOO?
DBMF yields 5.03% while VOO yields 1.04%, so DBMF currently pays the higher dividend yield.
Is VOO better than DBMF?
VOO has a lower expense ratio. DBMF led over 1Y, VOO over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.