DJD vs VOO
Invesco Dow Jones Industrial Average Dividend ETF vs Vanguard S&P 500 ETF
Which is better, DJD or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. DJD led over 1Y, VOO over 3Y, 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 57.7%.
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 | DJD | VOO |
|---|---|---|
| Expense Ratio | 0.07% | 0.03%Best |
| AUM | $512M | $997.4B |
| Dividend Yield | 2.43% | 1.08% |
| Holdings | 30 | 509 |
| YTD Return | +17.86%Best | +13.81% |
| 1Y Return | +25.42%Best | +21.53% |
| 3Y Return (annualized) | +18.77% | +21.46%Best |
| 5Y Return (annualized) | +11.63% | +12.87%Best |
| Volatility (annualized) | 14.4%Best | 15.1% |
| Max Drawdown | -35.4% | -34.3%Best |
| $10,000 over 5 years | $17,334 | $18,319Best |
| Top 10 Weight | 57.7% | 36.4%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Dec 16, 2015 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Dec 16, 2015 to Sep 3, 2026 (10.7 years).
DJD 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 10.7 years both funds cover.
DJD vs VOO Performance
Invesco Dow Jones Industrial Average Dividend ETF (DJD) is an ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year DJD returned +25.42% while VOO returned +21.53%. Year to date, DJD is up 17.86% versus a gain of 13.81% for VOO.
Over three years, DJD compounded at +18.77% per year against +21.46% for VOO; over five years the annualized figures are +11.63% and +12.87% respectively. Across the full 11-year window we track, VOO has the edge at +13.89% annualized vs +10.96%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.4% for DJD. 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 -35.4% for DJD 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DJD charges 0.07% per year while VOO charges 0.03%. On a $10,000 position that is $7 vs $3 annually, a gap of $4 per year that compounds over a long holding period. On income, DJD currently yields 2.43% against 1.08% for VOO.
Holdings Overlap
100.0% of DJD's money is in holdings VOO also owns. 29.6% of VOO's money is in holdings DJD also owns.
Most of DJD is already inside VOO. Owning both mostly buys the same companies twice.
27 positions in common, counted across the 28 positions we hold weights for in DJD and 505 in VOO, against full books of 30 and 509.
What only one of them owns
Measured across the 28 and 505 positions we hold weights for.
VOO holds 470 positions DJD does not, 69.9% of the fund.
Largest: AMZN 3.62%, GOOGL 3.25%, AVGO 2.77%, GOOG 2.59%, MU 2.02%
Top Shared Holdings
| Stock | Weight in DJD | Weight in VOO | Difference |
|---|---|---|---|
| UNHUnitedhealth Group Incorporated | 8.21% | 0.59% | 7.62% |
| CVXChevron Corp | 7.21% | 0.48% | 6.73% |
| NVDANvidia Corp. | 0.05% | 7.51% | 7.46% |
| AAPLApple, Inc | 0.89% | 6.59% | 5.70% |
| CSCOCisco Systems Inc. - Ordinary Shares | 6.28% | 0.72% | 5.56% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 2.15% | 4.30% | 2.15% |
| MRKMerck & Company Inc | 5.76% | 0.49% | 5.27% |
| KOCoca Cola Co. | 5.52% | 0.49% | 5.03% |
| JPMJpmorgan Chase | 4.74% | 1.26% | 3.48% |
| GSGoldman Sachs Group Inc/The | 5.10% | 0.44% | 4.66% |
100.0% of DJD is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DJD or VOO?
DJD has an expense ratio of 0.07% while VOO charges 0.03%. VOO is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, DJD or VOO?
Over the past year DJD returned +25.42% vs +21.53% for VOO, so DJD leads on 1-year performance. Over the longest common window we track (11 years), DJD annualized +10.96% vs +13.89% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DJD or VOO?
VOO has been the more volatile fund at 15.1% annualized versus 14.4% for DJD. Worst drawdown: DJD -35.4% vs VOO -34.3%.
Should I hold both DJD and VOO?
DJD and VOO have a monthly-return correlation of 0.83, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DJD and VOO?
100.0% of DJD's money is in holdings VOO also owns. 29.6% of VOO's is in holdings DJD also owns. They hold 27 positions in common, counted across the 28 positions we hold weights for in DJD and 505 in VOO.
Which pays a higher dividend, DJD or VOO?
DJD yields 2.43% while VOO yields 1.08%, so DJD currently pays the higher dividend yield.
Is VOO better than DJD?
VOO has a lower expense ratio. DJD led over 1Y, VOO over 3Y, 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 57.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.