DLS vs VOO
WisdomTree International SmallCap Dividend Fund vs Vanguard S&P 500 ETF
Which is better, DLS or VOO?
Small Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. DLS is less concentrated, with 5.6% of the fund in its ten largest positions against 36.4%.
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 | DLS | VOO |
|---|---|---|
| Expense Ratio | 0.58% | 0.03%Best |
| AUM | $1.1B | $997.4B |
| Dividend Yield | 3.50% | 1.08% |
| Holdings | 1,014 | 509 |
| YTD Return | +12.78% | +13.37%Best |
| 1Y Return | +18.90% | +20.08%Best |
| 3Y Return (annualized) | +19.10% | +21.29%Best |
| 5Y Return (annualized) | +7.07% | +12.89%Best |
| Volatility (annualized) | 15.7% | 14.1%Best |
| Max Drawdown | -48.4% | -34.3%Best |
| $10,000 over 5 years | $14,071 | $18,335Best |
| Top 10 Weight | 5.6%Best | 36.4% |
| Fund Family | WisdomTree Investments | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Growth | Large Cap Blend |
| Inception | Jun 16, 2006 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 4, 2026 (16 years).
DLS 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 16 years both funds cover.
DLS vs VOO Performance
WisdomTree International SmallCap Dividend Fund (DLS) is an ETF from WisdomTree Investments and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year DLS returned +18.90% while VOO returned +20.08%. Year to date, DLS is up 12.78% versus a gain of 13.37% for VOO.
Over three years, DLS compounded at +19.10% per year against +21.29% for VOO; over five years the annualized figures are +7.07% and +12.89% respectively. Across the full 16-year window we track, VOO has the edge at +13.48% annualized vs +5.90%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DLS has been the more volatile fund, with annualized monthly volatility of 15.7% 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 -48.4% for DLS 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DLS charges 0.58% per year while VOO charges 0.03%. On a $10,000 position that is $58 vs $3 annually, a gap of $55 per year that compounds over a long holding period. On income, DLS currently yields 3.50% against 1.08% for VOO.
Holdings Overlap
We hold position weights for 1,005 holdings in DLS and 505 in VOO, totalling 98.8% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1,005 positions we hold weights for in DLS and 505 in VOO, against full books of 1,014 and 509.
What only one of them owns
Our book lists 497 positions for VOO that do not appear in our book for DLS (99.5% of the fund), and 12 for DLS that do not appear in VOO (1.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of DLS and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DLS or VOO?
DLS has an expense ratio of 0.58% while VOO charges 0.03%. VOO is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, DLS or VOO?
Over the past year DLS returned +18.90% vs +20.08% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), DLS annualized +5.90% vs +13.48% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DLS or VOO?
DLS has been the more volatile fund at 15.7% annualized versus 14.1% for VOO. Worst drawdown: DLS -48.4% vs VOO -34.3%.
Should I hold both DLS and VOO?
DLS and VOO have a monthly-return correlation of 0.78, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DLS or VOO?
DLS yields 3.50% while VOO yields 1.08%, so DLS currently pays the higher dividend yield.
Is VOO better than DLS?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. DLS is less concentrated, with 5.6% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.