DIG vs VOO
ProShares Ultra Energy vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. DIG delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | DIG | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.03% | |
| AUM | $80M | $979.0B | |
| Dividend Yield | 1.80% | 1.09% | |
| Holdings | 29 | 509 | |
| YTD Return | +52.71% | +13.80% | |
| 1Y Return | +77.63% | +23.71% | |
| 3Y Return (annualized) | +14.01% | +21.50% | |
| 5Y Return (annualized) | +33.24% | +13.44% | |
| Volatility (annualized) | 52.9% | 14.1% | |
| Max Drawdown | -97.4% | -34.3% | |
| Fund Family | ProShares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Jan 30, 2007 | Sep 7, 2010 |
DIG vs VOO Performance
ProShares Ultra Energy (DIG) is a ETF from ProShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year DIG returned +77.63% while VOO returned +23.71%. Year to date, DIG is up 52.71% versus a gain of 13.80% for VOO.
Over three years, DIG compounded at +14.01% per year against +21.50% for VOO; over five years the annualized figures are +33.24% and +13.44% respectively. Across the full 16-year window we track, VOO has the edge at +13.58% annualized vs -1.76%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DIG has been the more volatile fund, with annualized monthly volatility of 52.9% 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 -97.4% for DIG 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 0.58. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DIG charges 0.95% per year while VOO charges 0.03%. On a $10,000 position that is $95 vs $3 annually, a gap of $92 per year that compounds over a long holding period. On income, DIG currently yields 1.80% against 1.09% for VOO.
Holdings Overlap
DIG and VOO share 21 holdings out of 506 unique holdings combined, representing a 3.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DIG or VOO?
DIG has an expense ratio of 0.95% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $92 per year of difference.
Which performed better, DIG or VOO?
Over the past year DIG returned +77.63% vs +23.71% for VOO, so DIG leads on 1-year performance. Over the longest common window we track (16 years), DIG annualized -1.76% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, DIG or VOO?
DIG has been the more volatile fund at 52.9% annualized versus 14.1% for VOO. Worst drawdown: DIG -97.4% vs VOO -34.3%.
Should I hold both DIG and VOO?
DIG and VOO have a monthly-return correlation of 0.58, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DIG and VOO?
DIG and VOO share 21 common holdings with a 3.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, DIG or VOO?
DIG yields 1.80% while VOO yields 1.09%, so DIG currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.