DRV vs VOO
Direxion Daily Real Estate Bear 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 | DRV | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.06% | 0.03% | |
| AUM | $24M | $979.0B | |
| Dividend Yield | 3.68% | 1.09% | |
| Holdings | 5 | 509 | |
| YTD Return | -31.06% | +13.80% | |
| 1Y Return | -26.32% | +23.71% | |
| 3Y Return (annualized) | -24.89% | +21.50% | |
| 5Y Return (annualized) | -15.17% | +13.44% | |
| Volatility (annualized) | 48.9% | 14.1% | |
| Max Drawdown | -100.0% | -34.3% | |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 16, 2009 | Sep 7, 2010 |
DRV vs VOO Performance
Direxion Daily Real Estate Bear 3X ETF (DRV) 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 DRV returned -26.32% while VOO returned +23.71%. Year to date, DRV is down 31.06% versus a gain of 13.80% for VOO.
Over three years, DRV compounded at -24.89% per year against +21.50% for VOO; over five years the annualized figures are -15.17% and +13.44% respectively. Across the full 16-year window we track, VOO has the edge at +13.58% annualized vs -42.97%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DRV has been the more volatile fund, with annualized monthly volatility of 48.9% 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 -100.0% for DRV 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 -0.67. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DRV charges 1.06% per year while VOO charges 0.03%. On a $10,000 position that is $106 vs $3 annually, a gap of $103 per year that compounds over a long holding period. On income, DRV currently yields 3.68% against 1.09% for VOO.
Holdings Overlap
DRV and VOO share 0 holdings out of 507 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, DRV or VOO?
DRV has an expense ratio of 1.06% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $103 per year of difference.
Which performed better, DRV or VOO?
Over the past year DRV returned -26.32% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), DRV annualized -42.97% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, DRV or VOO?
DRV has been the more volatile fund at 48.9% annualized versus 14.1% for VOO. Worst drawdown: DRV -100.0% vs VOO -34.3%.
Should I hold both DRV and VOO?
DRV and VOO have a monthly-return correlation of -0.67, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DRV and VOO?
DRV and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, DRV or VOO?
DRV yields 3.68% while VOO yields 1.09%, so DRV currently pays the higher dividend yield.
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