DFGR vs VOO
Dimensional Global Real Estate ETF vs Vanguard S&P 500 ETF
Which is better, DFGR or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 41.7%.
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 | DFGR | VOO |
|---|---|---|
| Expense Ratio | 0.22% | 0.03%Best |
| AUM | $3.8B | $997.4B |
| Dividend Yield | 3.71% | 1.04% |
| Holdings | 449 | 509 |
| YTD Return | +6.22% | +12.37%Best |
| 1Y Return | +5.75% | +16.61%Best |
| 3Y Return (annualized) | +9.34% | +21.37%Best |
| 5Y Return (annualized) | - | +13.49% |
| Volatility (annualized) | 16.0% | 12.5%Best |
| Max Drawdown | -21.3% | -18.7%Best |
| $10,000 over 3.8 years | $12,654 | $20,537Best |
| Top 10 Weight | 41.7% | 37.6%Best |
| Fund Family | Dimensional | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Dec 6, 2022 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 7, 2022 to Sep 18, 2026 (3.8 years).
DFGR 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 3.8 years both funds cover.
DFGR vs VOO Performance
Dimensional Global Real Estate ETF (DFGR) is an ETF from Dimensional and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year DFGR returned +5.75% while VOO returned +16.61%. Year to date, DFGR is up 6.22% versus a gain of 12.37% for VOO.
Over three years, DFGR compounded at +9.34% per year against +21.37% for VOO. Across the full 4-year window we track, VOO has the edge at +20.85% annualized vs +6.39%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DFGR has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 12.5% 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 -21.3% for DFGR and -18.7% 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DFGR charges 0.22% per year while VOO charges 0.03%. On a $10,000 position that is $22 vs $3 annually, a gap of $19 per year that compounds over a long holding period. On income, DFGR currently yields 3.71% against 1.04% for VOO.
Holdings Overlap
56.5% of DFGR's money is in holdings VOO also owns. 1.8% of VOO's money is in holdings DFGR also owns.
The two portfolios partly overlap.
27 positions in common, counted across the 415 positions we hold weights for in DFGR and 494 in VOO, against full books of 449 and 509.
What only one of them owns
Our book lists 460 positions for VOO that do not appear in our book for DFGR (97.4% of the fund), and 92 for DFGR that do not appear in VOO (17.7%).
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
| Stock | Weight in DFGR | Weight in VOO | Difference |
|---|---|---|---|
| WELLWelltower, Inc. | 8.45% | 0.26% | 8.19% |
| PLDPrologis Inc | 6.69% | 0.21% | 6.48% |
| EQIXEquinix Inc. Real Estate Investment Trust | 5.21% | 0.16% | 5.05% |
| AMTAmerican Tower Corporation | 4.14% | 0.13% | 4.01% |
| SPGSimon Property Group Inc | 3.49% | 0.12% | 3.37% |
| DLRDigital Realty Trust Inc. | 3.44% | 0.10% | 3.34% |
| ORealty Income Corp. | 2.90% | 0.09% | 2.81% |
| PSAPublic Storage | 2.59% | 0.08% | 2.51% |
| EQRVivmark Residential | 2.43% | 0.04% | 2.39% |
| VTRVentas Inc . | 2.33% | 0.07% | 2.26% |
56.5% of DFGR 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DFGR or VOO?
DFGR has an expense ratio of 0.22% while VOO charges 0.03%. VOO is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, DFGR or VOO?
Over the past year DFGR returned +5.75% vs +16.61% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), DFGR annualized +6.39% vs +20.85% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFGR or VOO?
DFGR has been the more volatile fund at 16.0% annualized versus 12.5% for VOO. Worst drawdown: DFGR -21.3% vs VOO -18.7%.
Should I hold both DFGR and VOO?
DFGR and VOO have a monthly-return correlation of 0.69, 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 DFGR and VOO?
56.5% of DFGR's money is in holdings VOO also owns. 1.8% of VOO's is in holdings DFGR also owns. They hold 27 positions in common, counted across the 415 positions we hold weights for in DFGR and 494 in VOO.
Which pays a higher dividend, DFGR or VOO?
DFGR yields 3.71% while VOO yields 1.04%, so DFGR currently pays the higher dividend yield.
Is VOO better than DFGR?
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 41.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.