DECO vs VOO

DECO vs VOO

Which is better, DECO or VOO?

Option Writing against Large Cap Blend.

VOO has a lower expense ratio. DECO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 63.7%.

Lower Fees: VOOHigher Returns: DECOLess Concentrated: VOO

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

MetricDECOVOO
Expense Ratio0.65%0.03%Best
AUM$20M$997.4B
Dividend Yield0.72%1.08%
Holdings32509
YTD Return+51.32%Best+13.81%
1Y Return+91.13%Best+21.53%
3Y Return (annualized)+74.03%Best+21.46%
5Y Return (annualized)+74.03%Best+12.87%
Volatility (annualized)1575843.8%14.1%Best
Max Drawdown-88.0%-34.3%Best
$10,000 over 5 years$159,632Best$18,319
Top 10 Weight63.7%36.4%Best
Fund FamilySPDR State Street Global AdvisorsVanguard (US)
CategoryAlternativeEquity
StyleOption WritingLarge Cap Blend
InceptionSep 9, 2024Sep 7, 2010

Volatility and max drawdown are measured over the window both funds cover: Oct 21, 2010 to Sep 3, 2026 (16 years).

DECO 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

DECO vs VOO Performance

State Street Galaxy Digital Asset Ecosystem ETF (DECO) is an ETF from SPDR State Street Global Advisors and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year DECO returned +91.13% while VOO returned +21.53%. Year to date, DECO is up 51.32% versus a gain of 13.81% for VOO.

Over three years, DECO compounded at +74.03% per year against +21.46% for VOO; over five years the annualized figures are +74.03% and +12.87% respectively. Across the full 16-year window we track, DECO has the edge at +112.05% annualized vs +13.51%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

DECO has been the more volatile fund, with annualized monthly volatility of 1575843.8% 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 -88.0% for DECO 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 0.04. They move largely independently of each other.

Fees and Cost Over Time

DECO charges 0.65% per year while VOO charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, DECO currently yields 0.72% against 1.08% for VOO.

Holdings Overlap

DECO already in VOO45.8%
VOO already in DECO20.6%

45.8% of DECO's money is in holdings VOO also owns. 20.6% of VOO's money is in holdings DECO also owns.

The two portfolios partly overlap.

17 positions in common, counted across the 31 positions we hold weights for in DECO and 505 in VOO, against full books of 32 and 509.

What only one of them owns

Our book lists 480 positions for VOO that do not appear in our book for DECO (78.9% of the fund), and 11 for DECO that do not appear in VOO (50.5%).

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.

Top Shared Holdings

StockWeight in DECOWeight in VOODifference
NVDANvidia Corp.5.19%7.51%2.32%
MSFTMicrosoft Corp 4.100 Feb 06 375.69%4.30%1.39%
JPMJpmorgan Chase4.53%1.26%3.27%
CRWDCrowdstrike Holdings Inc. Class A4.08%0.30%3.78%
MUMicron Technology, Inc.2.30%2.02%0.28%
PANWPalo Alto Networks, Inc3.60%0.43%3.17%
HOODRobinhood Markets Inc - A3.49%0.12%3.37%
VVisa Inc Class A2.07%0.87%1.20%
MAMastercard Inc2.06%0.64%1.42%
BLKBlackrock Inc2.34%0.22%2.12%

45.8% of DECO is already inside VOO.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

DECOVOO

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Frequently Asked Questions

Which is cheaper, DECO or VOO?

DECO has an expense ratio of 0.65% while VOO charges 0.03%. VOO is the cheaper option, by $62 a year on a $10,000 investment.

Which performed better, DECO or VOO?

Over the past year DECO returned +91.13% vs +21.53% for VOO, so DECO leads on 1-year performance. Over the longest common window we track (16 years), DECO annualized +112.05% vs +13.51% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, DECO or VOO?

DECO has been the more volatile fund at 1575843.8% annualized versus 14.1% for VOO. Worst drawdown: DECO -88.0% vs VOO -34.3%.

Should I hold both DECO and VOO?

DECO and VOO have a monthly-return correlation of 0.04, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between DECO and VOO?

45.8% of DECO's money is in holdings VOO also owns. 20.6% of VOO's is in holdings DECO also owns. They hold 17 positions in common, counted across the 31 positions we hold weights for in DECO and 505 in VOO.

Which pays a higher dividend, DECO or VOO?

DECO yields 0.72% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.

Is VOO better than DECO?

VOO has a lower expense ratio. DECO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 63.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.