DIVZ vs VOO
Polen Dividend Income 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 509 holdings.
Side-by-Side Comparison
| Metric | DIVZ | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.03% | |
| AUM | $305M | $997.4B | |
| Dividend Yield | 2.47% | 1.08% | |
| Holdings | 30 | 509 | |
| YTD Return | +8.28% | +12.95% | |
| 1Y Return | +16.91% | +20.69% | |
| 3Y Return (annualized) | +10.09% | +22.09% | |
| 5Y Return (annualized) | - | +13.40% | |
| Volatility (annualized) | 14.4% | 14.1% | |
| Max Drawdown | -15.4% | -34.3% | |
| Fund Family | TrueShares | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jan 27, 2021 | Sep 7, 2010 |
DIVZ vs VOO Performance
Polen Dividend Income ETF (DIVZ) is a ETF from TrueShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year DIVZ returned +16.91% while VOO returned +20.69%. Year to date, DIVZ is up 8.28% versus a gain of 12.95% for VOO.
Over three years, DIVZ compounded at +10.09% per year against +22.09% for VOO. Across the full 4-year window we track, VOO has the edge at +13.50% annualized vs +11.13%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DIVZ has been the more volatile fund, with annualized monthly volatility of 14.4% 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 -15.4% for DIVZ 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
DIVZ 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, DIVZ currently yields 2.47% against 1.08% for VOO.
Holdings Overlap
DIVZ and VOO share 25 holdings out of 510 unique holdings combined, representing a 8.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DIVZ or VOO?
DIVZ 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, DIVZ or VOO?
Over the past year DIVZ returned +16.91% vs +20.69% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), DIVZ annualized +11.13% vs +13.50% for VOO. Past performance does not guarantee future results.
Which is riskier, DIVZ or VOO?
DIVZ has been the more volatile fund at 14.4% annualized versus 14.1% for VOO. Worst drawdown: DIVZ -15.4% vs VOO -34.3%.
Should I hold both DIVZ and VOO?
DIVZ 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 DIVZ and VOO?
DIVZ and VOO share 25 common holdings with a 8.0% weight overlap. Combined, they hold 510 unique securities.
Which pays a higher dividend, DIVZ or VOO?
DIVZ yields 2.47% while VOO yields 1.08%, so DIVZ currently pays the higher dividend yield.
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