DIVE vs VOO
DIVE vs VOO
Dana Concentrated Dividend 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 | DIVE | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.03% | |
| AUM | $46M | $979.0B | |
| Dividend Yield | 1.10% | 1.09% | |
| Holdings | 35 | 509 | |
| YTD Return | +7.93% | +13.80% | |
| 1Y Return | +11.14% | +23.71% | |
| 3Y Return (annualized) | - | +21.50% | |
| 5Y Return (annualized) | - | +13.44% | |
| Volatility (annualized) | - | 14.1% | |
| Max Drawdown | -11.4% | -34.3% | |
| Fund Family | Dana Investment Advisors | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 15, 2025 | Sep 7, 2010 |
DIVE vs VOO Performance
Dana Concentrated Dividend ETF (DIVE) is a ETF from Dana Investment Advisors and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year DIVE returned +11.14% while VOO returned +23.71%. Year to date, DIVE is up 7.93% versus a gain of 13.80% for VOO.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -11.4% for DIVE and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
DIVE charges 0.65% per year while VOO charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, DIVE currently yields 1.10% against 1.09% for VOO.
Holdings Overlap
DIVE and VOO share 26 holdings out of 513 unique holdings combined, representing a 12.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in DIVE | Weight in VOO | Difference |
|---|---|---|---|
| PM | 9.87% | 0.44% | 9.43% |
| GOOGL | 5.83% | 3.25% | 2.58% |
| AMZN | 3.98% | 3.62% | 0.36% |
| IQV | Pro | Pro | Pro |
| WFC | Pro | Pro | Pro |
| TFC | Pro | Pro | Pro |
| ANTM | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| NEE | Pro | Pro | Pro |
| COF | Pro | Pro | Pro |
See all 10 holdings DIVE shares with VOO Exact weights in each fund and the difference, for every overlapping position. X-ray my whole portfolio$99/yr Pro · 7-day refund | |||
Frequently Asked Questions
Which is cheaper, DIVE or VOO?
DIVE has an expense ratio of 0.65% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, DIVE or VOO?
Over the past year DIVE returned +11.14% vs +23.71% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results.
What is the holdings overlap between DIVE and VOO?
DIVE and VOO share 26 common holdings with a 12.8% weight overlap. Combined, they hold 513 unique securities.
Which pays a higher dividend, DIVE or VOO?
DIVE yields 1.10% while VOO yields 1.09%, so DIVE currently pays the higher dividend yield.
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