DRIV vs VOO

DRIV vs VOO

Which is better, DRIV or VOO?

Each has led over a different period.

VOO has a lower expense ratio. DRIV led over 1Y, VOO over 3Y, 5Y and the full window. DRIV is less concentrated, with 25.6% of the fund in its ten largest positions against 37.6%.

Lower Fees: VOOHigher Returns: splitLess Concentrated: DRIV

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

MetricDRIVVOO
Expense Ratio0.68%0.03%Best
AUM$370M$997.4B
Dividend Yield0.63%1.04%
Holdings77509
YTD Return+13.06%+14.14%Best
1Y Return+22.06%Best+17.31%
3Y Return (annualized)+15.21%+23.04%Best
5Y Return (annualized)+5.63%+13.63%Best
Volatility (annualized)27.5%16.5%Best
Max Drawdown-41.9%-34.3%Best
$10,000 over 5 years$13,150$18,944Best
Top 10 Weight25.6%Best37.6%
Fund FamilyGlobal X by mirae AssetVanguard (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionApr 13, 2018Sep 7, 2010

Volatility and max drawdown are measured over the window both funds cover: Apr 17, 2018 to Sep 22, 2026 (8.4 years).

DRIV 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 8.4 years both funds cover.

DRIV vs VOO Performance

Global X Autonomous & Electric Vehicles ETF (DRIV) is an ETF from Global X by mirae Asset and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year DRIV returned +22.06% while VOO returned +17.31%. Year to date, DRIV is up 13.06% versus a gain of 14.14% for VOO.

Over three years, DRIV compounded at +15.21% per year against +23.04% for VOO; over five years the annualized figures are +5.63% and +13.63% respectively. Across the full 8-year window we track, VOO has the edge at +14.38% annualized vs +10.95%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

DRIV has been the more volatile fund, with annualized monthly volatility of 27.5% compared with 16.5% 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 -41.9% for DRIV 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 0.85. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

DRIV charges 0.68% per year while VOO charges 0.03%. On a $10,000 position that is $68 vs $3 annually, a gap of $65 per year that compounds over a long holding period. On income, DRIV currently yields 0.63% against 1.04% for VOO.

Holdings Overlap

DRIV already in VOO28.9%
VOO already in DRIV18.9%

28.9% of DRIV's money is in holdings VOO also owns. 18.9% of VOO's money is in holdings DRIV also owns.

DRIV and VOO share little of their money.

14 positions in common, counted across the 74 positions we hold weights for in DRIV and 494 in VOO, against full books of 77 and 509.

What only one of them owns

Our book lists 473 positions for VOO that do not appear in our book for DRIV (80.2% of the fund), and 22 for DRIV that do not appear in VOO (23.2%).

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.

Top Shared Holdings

StockWeight in DRIVWeight in VOODifference
NVDANvidia Corp3.11%7.55%4.44%
MSFTMicrosoft Corp3.86%5.36%1.50%
GOOGLAlphabet Inc,class A2.76%3.24%0.48%
TSLATesla Inc2.75%1.36%1.39%
INTCIntel Corporation2.64%0.66%1.98%
QCOMQualcomm Inc.2.42%0.24%2.18%
GMGeneral Motors Co1.80%0.12%1.68%
WABWestinghouse Air Brake Technologies Corp.1.55%0.08%1.47%
FFord Motor Credit1.49%0.09%1.40%
COHRCoherent Corp1.40%0.08%1.32%

28.9% of DRIV 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.

DRIVVOO

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, DRIV or VOO?

DRIV has an expense ratio of 0.68% while VOO charges 0.03%. VOO is the cheaper option, by $65 a year on a $10,000 investment.

Which performed better, DRIV or VOO?

Over the past year DRIV returned +22.06% vs +17.31% for VOO, so DRIV leads on 1-year performance. Over the longest common window we track (8 years), DRIV annualized +10.95% vs +14.38% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, DRIV or VOO?

DRIV has been the more volatile fund at 27.5% annualized versus 16.5% for VOO. Worst drawdown: DRIV -41.9% vs VOO -34.3%.

Should I hold both DRIV and VOO?

DRIV and VOO have a monthly-return correlation of 0.85, 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 DRIV and VOO?

28.9% of DRIV's money is in holdings VOO also owns. 18.9% of VOO's is in holdings DRIV also owns. They hold 14 positions in common, counted across the 74 positions we hold weights for in DRIV and 494 in VOO.

Which pays a higher dividend, DRIV or VOO?

DRIV yields 0.63% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.

Is VOO better than DRIV?

VOO has a lower expense ratio. DRIV led over 1Y, VOO over 3Y, 5Y and the full window. DRIV is less concentrated, with 25.6% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.