DIEM vs VOO
Franklin Emerging Market Core Dividend Tilt Index ETF vs Vanguard S&P 500 ETF
Which is better, DIEM or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. DIEM led over 1Y and 3Y, VOO over 5Y and the full window. DIEM is less concentrated, with 34.2% 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 | DIEM | VOO |
|---|---|---|
| Expense Ratio | 0.19% | 0.03%Best |
| AUM | $95M | $997.4B |
| Dividend Yield | 2.87% | 1.04% |
| Holdings | 569 | 509 |
| YTD Return | +26.56%Best | +11.98% |
| 1Y Return | +36.92%Best | +16.45% |
| 3Y Return (annualized) | +26.58%Best | +21.19% |
| 5Y Return (annualized) | +11.58% | +12.95%Best |
| Volatility (annualized) | 15.6% | 15.3%Best |
| Max Drawdown | -44.4% | -34.3%Best |
| $10,000 over 5 years | $17,295 | $18,384Best |
| Top 10 Weight | 34.2%Best | 37.6% |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jun 1, 2016 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Jun 3, 2016 to Sep 14, 2026 (10.3 years).
DIEM 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 10.3 years both funds cover.
DIEM vs VOO Performance
Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM) is an ETF from Franklin Templeton Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year DIEM returned +36.92% while VOO returned +16.45%. Year to date, DIEM is up 26.56% versus a gain of 11.98% for VOO.
Over three years, DIEM compounded at +26.58% per year against +21.19% for VOO; over five years the annualized figures are +11.58% and +12.95% respectively. Across the full 10-year window we track, VOO has the edge at +14.21% annualized vs +7.35%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DIEM has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 15.3% 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 -44.4% for DIEM 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DIEM charges 0.19% per year while VOO charges 0.03%. On a $10,000 position that is $19 vs $3 annually, a gap of $16 per year that compounds over a long holding period. On income, DIEM currently yields 2.87% against 1.04% for VOO.
Holdings Overlap
0.5% of DIEM's money is in holdings VOO also owns. 0.6% of VOO's money is in holdings DIEM also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
3 positions in common, counted across the 513 positions we hold weights for in DIEM and 494 in VOO, against full books of 569 and 509.
What only one of them owns
Our book lists 484 positions for VOO that do not appear in our book for DIEM (98.5% of the fund), and 6 for DIEM that do not appear in VOO (1.0%).
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.
You are not choosing between two funds in isolation.
Whichever of DIEM 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, DIEM or VOO?
DIEM has an expense ratio of 0.19% while VOO charges 0.03%. VOO is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, DIEM or VOO?
Over the past year DIEM returned +36.92% vs +16.45% for VOO, so DIEM leads on 1-year performance. Over the longest common window we track (10 years), DIEM annualized +7.35% vs +14.21% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIEM or VOO?
DIEM has been the more volatile fund at 15.6% annualized versus 15.3% for VOO. Worst drawdown: DIEM -44.4% vs VOO -34.3%.
Should I hold both DIEM and VOO?
DIEM 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.
Which pays a higher dividend, DIEM or VOO?
DIEM yields 2.87% while VOO yields 1.04%, so DIEM currently pays the higher dividend yield.
Is VOO better than DIEM?
VOO has a lower expense ratio. DIEM led over 1Y and 3Y, VOO over 5Y and the full window. DIEM is less concentrated, with 34.2% 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.