DIVI vs VOO

DIVI vs VOO
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Quick Verdict

VOO has a lower expense ratio. DIVI delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.

Lower Fees: VOOHigher Returns: DIVIMore Diversified: VOO

Side-by-Side Comparison

MetricDIVIVOOWinner
Expense Ratio0.09%0.03%
AUM$2.8B$997.4B
Dividend Yield3.55%1.08%
Holdings421509
YTD Return+14.48%+12.25%
1Y Return+23.92%+20.92%
3Y Return (annualized)+20.55%+21.79%
5Y Return (annualized)+13.93%+13.05%
Volatility (annualized)13.5%14.1%
Max Drawdown-27.8%-34.3%
Fund FamilyFranklin Templeton Investments (US)Vanguard (US)
CategoryEquityEquity
InceptionJun 1, 2016Sep 7, 2010

DIVI vs VOO Performance

Franklin International Core Dividend Tilt Index ETF (DIVI) is a ETF from Franklin Templeton Investments (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year DIVI returned +23.92% while VOO returned +20.92%. Year to date, DIVI is up 14.48% versus a gain of 12.25% for VOO.

Over three years, DIVI compounded at +20.55% per year against +21.79% for VOO; over five years the annualized figures are +13.93% and +13.05% respectively. Across the full 10-year window we track, VOO has the edge at +13.45% annualized vs +7.82%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 13.5% for DIVI. 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 -27.8% for DIVI 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 0.73. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

DIVI charges 0.09% per year while VOO charges 0.03%. On a $10,000 position that is $9 vs $3 annually, a gap of $6 per year that compounds over a long holding period. On income, DIVI currently yields 3.55% against 1.08% for VOO.

Holdings Overlap

0.1%overlap

DIVI and VOO share 2 holdings out of 912 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in DIVIWeight in VOODifference
IRM0.18%0.06%0.12%
BG0.20%0.02%0.18%

Frequently Asked Questions

Which is cheaper, DIVI or VOO?

DIVI has an expense ratio of 0.09% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $6 per year of difference.

Which performed better, DIVI or VOO?

Over the past year DIVI returned +23.92% vs +20.92% for VOO, so DIVI leads on 1-year performance. Over the longest common window we track (10 years), DIVI annualized +7.82% vs +13.45% for VOO. Past performance does not guarantee future results.

Which is riskier, DIVI or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 13.5% for DIVI. Worst drawdown: DIVI -27.8% vs VOO -34.3%.

Should I hold both DIVI and VOO?

DIVI and VOO have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between DIVI and VOO?

DIVI and VOO share 2 common holdings with a 0.1% weight overlap. Combined, they hold 912 unique securities.

Which pays a higher dividend, DIVI or VOO?

DIVI yields 3.55% while VOO yields 1.08%, so DIVI currently pays the higher dividend yield.

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