DFVE vs VOO
DoubleLine Fortune 500 Equal Weight ETF vs Vanguard S&P 500 ETF
Which is better, DFVE or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y and the full window. DFVE is less concentrated, with 2.3% 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 | DFVE | VOO |
|---|---|---|
| Expense Ratio | 0.20% | 0.03%Best |
| AUM | $37M | $997.4B |
| Dividend Yield | 1.34% | 1.04% |
| Holdings | 469 | 509 |
| YTD Return | +12.20% | +12.37%Best |
| 1Y Return | +15.67% | +16.61%Best |
| 3Y Return (annualized) | - | +21.37% |
| 5Y Return (annualized) | - | +13.49% |
| Volatility (annualized) | 12.7% | 12.0%Best |
| Max Drawdown | -19.4% | -18.7%Best |
| $10,000 over 2.6 years | $14,670 | $16,023Best |
| Top 10 Weight | 2.3%Best | 37.6% |
| Fund Family | DoubleLine Funds | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 31, 2024 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 1, 2024 to Sep 18, 2026 (2.6 years).
DFVE 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 2.6 years both funds cover.
DFVE vs VOO Performance
DoubleLine Fortune 500 Equal Weight ETF (DFVE) is an ETF from DoubleLine Funds and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year DFVE returned +15.67% while VOO returned +16.61%. Year to date, DFVE is up 12.20% versus a gain of 12.37% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DFVE has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 12.0% 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 -19.4% for DFVE 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DFVE charges 0.20% per year while VOO charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, DFVE currently yields 1.34% against 1.04% for VOO.
Holdings Overlap
71.7% of DFVE's money is in holdings VOO also owns. 87.2% of VOO's money is in holdings DFVE also owns.
Most of VOO is already inside DFVE. Owning both mostly buys the same companies twice.
332 positions in common, counted across the 469 positions we hold weights for in DFVE and 494 in VOO, against full books of 469 and 509.
What only one of them owns
Our book lists 156 positions for VOO that do not appear in our book for DFVE (12.0% of the fund), and 132 for DFVE that do not appear in VOO (28.1%).
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 DFVE | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 0.22% | 7.55% | 7.33% |
| AAPLApple, Inc | 0.22% | 7.05% | 6.83% |
| MSFTMicrosoft Corp | 0.22% | 5.36% | 5.14% |
| AMZNAmazon.Com Inc | 0.21% | 4.13% | 3.92% |
| GOOGLAlphabet Inc,class A | 0.21% | 3.24% | 3.03% |
| AVGOBroadcom Inc | 0.22% | 2.86% | 2.64% |
| METAMeta Platforms Inc | 0.22% | 1.90% | 1.68% |
| JPMJpmorgan Chase | 0.22% | 1.46% | 1.24% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 0.22% | 1.46% | 1.24% |
| MUMicron Technology, Inc. | 0.22% | 1.44% | 1.22% |
87.2% of VOO is already inside DFVE.
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, DFVE or VOO?
DFVE has an expense ratio of 0.20% while VOO charges 0.03%. VOO is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, DFVE or VOO?
Over the past year DFVE returned +15.67% vs +16.61% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFVE or VOO?
DFVE has been the more volatile fund at 12.7% annualized versus 12.0% for VOO. Worst drawdown: DFVE -19.4% vs VOO -18.7%.
Should I hold both DFVE and VOO?
DFVE and VOO have a monthly-return correlation of 0.75, 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 DFVE and VOO?
87.2% of VOO's money is in holdings DFVE also owns. 87.2% of VOO's is in holdings DFVE also owns. They hold 332 positions in common, counted across the 469 positions we hold weights for in DFVE and 494 in VOO.
Which pays a higher dividend, DFVE or VOO?
DFVE yields 1.34% while VOO yields 1.04%, so DFVE currently pays the higher dividend yield.
Is VOO better than DFVE?
VOO has a lower expense ratio. VOO led over 1Y and the full window. DFVE is less concentrated, with 2.3% 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.