DNP vs VOO
DNP Select Income Fund Inc. vs Vanguard S&P 500 ETF
Which is better, DNP or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window.
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 | DNP | VOO |
|---|---|---|
| Expense Ratio | 1.77% | 0.03%Best |
| AUM | $3.7B | $997.4B |
| Dividend Yield | 8.00% | 1.08% |
| Holdings | 131 | 509 |
| YTD Return | +13.47%Best | +13.37% |
| 1Y Return | +17.96% | +20.08%Best |
| 3Y Return (annualized) | +11.27% | +21.29%Best |
| 5Y Return (annualized) | +7.99% | +12.89%Best |
| Volatility (annualized) | 12.7%Best | 14.1% |
| Max Drawdown | -39.9% | -34.3%Best |
| $10,000 over 5 years | $14,686 | $18,335Best |
| Fund Family | Duff & Phelps Investment Management Co. | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jan 21, 1987 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 4, 2026 (16 years).
DNP 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.
DNP vs VOO Performance
DNP Select Income Fund Inc. (DNP) is an ETF from Duff & Phelps Investment Management Co. and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year DNP returned +17.96% while VOO returned +20.08%. Year to date, DNP is up 13.47% versus a gain of 13.37% for VOO.
Over three years, DNP compounded at +11.27% per year against +21.29% for VOO; over five years the annualized figures are +7.99% and +12.89% respectively. Across the full 16-year window we track, VOO has the edge at +13.48% annualized vs +3.32%.
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 12.7% for DNP. 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 -39.9% for DNP 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 0.43. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DNP charges 1.77% per year while VOO charges 0.03%. On a $10,000 position that is $177 vs $3 annually, a gap of $174 per year that compounds over a long holding period. On income, DNP currently yields 8.00% against 1.08% for VOO.
Holdings Overlap
At least 3.0% of VOO's money is in holdings DNP also owns.
Only one direction is shown: for DNP, our book for it lists positions totalling 127.3% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
VOO and DNP share little of their money.
The two holdings books were reported 151 days apart, DNP as of Jan 30, 2026 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
33 positions in common, counted across the 122 positions we hold weights for in DNP and 505 in VOO, against full books of 131 and 509.
Top Shared Holdings
| Stock | Weight in DNP | Weight in VOO | Difference |
|---|---|---|---|
| XELXcel Energy Inc. | 3.72% | 0.08% | 3.64% |
| SRESempra Common Stock | 3.52% | 0.09% | 3.43% |
| CNPCenterpoint Energy Inc. | 3.40% | 0.04% | 3.36% |
| ETREntergy Corp. | 3.18% | 0.08% | 3.10% |
| AEEAmeren Corporation Utilities | 3.11% | 0.05% | 3.06% |
| NEENextera Energy Inc | 2.77% | 0.28% | 2.49% |
| NINisource Inc. | 2.98% | 0.04% | 2.94% |
| LNTAlliant Energy Corp. | 2.89% | 0.03% | 2.86% |
| EVRGEvergy Inc. | 2.88% | 0.03% | 2.85% |
| CMSCms Energy Corp. | 2.66% | 0.04% | 2.62% |
You are not choosing between two funds in isolation.
Whichever of DNP 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, DNP or VOO?
DNP has an expense ratio of 1.77% while VOO charges 0.03%. VOO is the cheaper option, by $174 a year on a $10,000 investment.
Which performed better, DNP or VOO?
Over the past year DNP returned +17.96% vs +20.08% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), DNP annualized +3.32% vs +13.48% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DNP or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 12.7% for DNP. Worst drawdown: DNP -39.9% vs VOO -34.3%.
Should I hold both DNP and VOO?
DNP and VOO have a monthly-return correlation of 0.43, 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 DNP and VOO?
At least 3.0% of VOO's money is in holdings DNP also owns. Our book for DNP is partial, so the real figure is this or higher. They hold 33 positions in common, counted across the 122 positions we hold weights for in DNP and 505 in VOO.
Which pays a higher dividend, DNP or VOO?
DNP yields 8.00% while VOO yields 1.08%, so DNP currently pays the higher dividend yield.
Is VOO better than DNP?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.