DECZ vs VOO
TrueShares Structured Outcome (December) 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 505 holdings.
Side-by-Side Comparison
| Metric | DECZ | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.03% | |
| AUM | $36M | $979.0B | |
| Dividend Yield | 3.05% | 1.09% | |
| Holdings | 15 | 509 | |
| YTD Return | +10.32% | +13.79% | |
| 1Y Return | +12.81% | +23.01% | |
| 3Y Return (annualized) | +14.54% | +21.78% | |
| 5Y Return (annualized) | +10.14% | +13.39% | |
| Volatility (annualized) | 11.3% | 14.1% | |
| Max Drawdown | -16.6% | -34.3% | |
| Fund Family | TrueShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Nov 30, 2020 | Sep 7, 2010 |
DECZ vs VOO Performance
TrueShares Structured Outcome (December) ETF (DECZ) is a ETF from TrueShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year DECZ returned +12.81% while VOO returned +23.01%. Year to date, DECZ is up 10.32% versus a gain of 13.79% for VOO.
Over three years, DECZ compounded at +14.54% per year against +21.78% for VOO; over five years the annualized figures are +10.14% and +13.39% respectively. Across the full 6-year window we track, VOO has the edge at +13.57% annualized vs +11.70%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 11.3% for DECZ. 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 -16.6% for DECZ 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 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DECZ charges 0.79% per year while VOO charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, DECZ currently yields 3.05% against 1.09% for VOO.
Holdings Overlap
DECZ and VOO share 0 holdings out of 506 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, DECZ or VOO?
DECZ has an expense ratio of 0.79% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $76 per year of difference.
Which performed better, DECZ or VOO?
Over the past year DECZ returned +12.81% vs +23.01% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (6 years), DECZ annualized +11.70% vs +13.57% for VOO. Past performance does not guarantee future results.
Which is riskier, DECZ or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 11.3% for DECZ. Worst drawdown: DECZ -16.6% vs VOO -34.3%.
Should I hold both DECZ and VOO?
DECZ and VOO have a monthly-return correlation of 0.99, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between DECZ and VOO?
DECZ and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, DECZ or VOO?
DECZ yields 3.05% while VOO yields 1.09%, so DECZ currently pays the higher dividend yield.
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