DRAY vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricDRAYVOOWinner
Expense Ratio1.03%0.03%
AUM$4M$979.0B
Dividend Yield88.84%1.09%
Holdings11509
YTD Return-31.34%+13.80%
1Y Return-46.25%+23.71%
3Y Return (annualized)-+21.50%
5Y Return (annualized)-+13.44%
Volatility (annualized)39.8%14.1%
Max Drawdown-57.9%-34.3%
Fund FamilyYieldMax ETFVanguard (US)
CategoryAlternativeEquity
InceptionJul 14, 2025Sep 7, 2010

DRAY vs VOO Performance

YieldMax DKNG Option Income Strategy ETF (DRAY) is a ETF from YieldMax ETF and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year DRAY returned -46.25% while VOO returned +23.71%. Year to date, DRAY is down 31.34% versus a gain of 13.80% for VOO.

Risk: Volatility and Drawdowns

DRAY has been the more volatile fund, with annualized monthly volatility of 39.8% 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 -57.9% for DRAY 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 0.43. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

DRAY charges 1.03% per year while VOO charges 0.03%. On a $10,000 position that is $103 vs $3 annually, a gap of $100 per year that compounds over a long holding period. On income, DRAY currently yields 88.84% against 1.09% for VOO.

Holdings Overlap

0.0%overlap

DRAY and VOO share 0 holdings out of 508 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, DRAY or VOO?

DRAY has an expense ratio of 1.03% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $100 per year of difference.

Which performed better, DRAY or VOO?

Over the past year DRAY returned -46.25% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), DRAY annualized -41.25% vs +13.58% for VOO. Past performance does not guarantee future results.

Which is riskier, DRAY or VOO?

DRAY has been the more volatile fund at 39.8% annualized versus 14.1% for VOO. Worst drawdown: DRAY -57.9% vs VOO -34.3%.

Should I hold both DRAY and VOO?

DRAY and VOO have a monthly-return correlation of 0.43, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between DRAY and VOO?

DRAY and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 508 unique securities.

Which pays a higher dividend, DRAY or VOO?

DRAY yields 88.84% while VOO yields 1.09%, so DRAY currently pays the higher dividend yield.

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