DRN vs VOO
Direxion Daily Real Estate Bull 3X ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | DRN | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.96% | 0.03% | |
| AUM | $49M | $979.0B | |
| Dividend Yield | 1.97% | 1.09% | |
| Holdings | 36 | 509 | |
| YTD Return | +26.77% | +13.72% | |
| 1Y Return | +19.90% | +21.63% | |
| 3Y Return (annualized) | +8.36% | +21.55% | |
| 5Y Return (annualized) | -12.54% | +13.26% | |
| Volatility (annualized) | 53.3% | 14.1% | |
| Max Drawdown | -86.3% | -34.3% | |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 16, 2009 | Sep 7, 2010 |
DRN vs VOO Performance
Direxion Daily Real Estate Bull 3X ETF (DRN) is a ETF from Direxion Shares ETF Trust and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year DRN returned +19.90% while VOO returned +21.63%. Year to date, DRN is up 26.77% versus a gain of 13.72% for VOO.
Over three years, DRN compounded at +8.36% per year against +21.55% for VOO; over five years the annualized figures are -12.54% and +13.26% respectively. Across the full 16-year window we track, VOO has the edge at +13.56% annualized vs +11.56%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DRN has been the more volatile fund, with annualized monthly volatility of 53.3% 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 -86.3% for DRN 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DRN charges 0.96% per year while VOO charges 0.03%. On a $10,000 position that is $96 vs $3 annually, a gap of $93 per year that compounds over a long holding period. On income, DRN currently yields 1.97% against 1.09% for VOO.
Holdings Overlap
DRN and VOO share 31 holdings out of 507 unique holdings combined, representing a 1.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DRN or VOO?
DRN has an expense ratio of 0.96% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $93 per year of difference.
Which performed better, DRN or VOO?
Over the past year DRN returned +19.90% vs +21.63% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), DRN annualized +11.56% vs +13.56% for VOO. Past performance does not guarantee future results.
Which is riskier, DRN or VOO?
DRN has been the more volatile fund at 53.3% annualized versus 14.1% for VOO. Worst drawdown: DRN -86.3% vs VOO -34.3%.
Should I hold both DRN and VOO?
DRN and VOO have a monthly-return correlation of 0.71, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DRN and VOO?
DRN and VOO share 31 common holdings with a 1.9% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, DRN or VOO?
DRN yields 1.97% while VOO yields 1.09%, so DRN currently pays the higher dividend yield.
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