DVXE vs VOO
WEBs Energy XLE Defined Volatility ETF vs Vanguard S&P 500 ETF
Which is better, DVXE or VOO?
Opposite sides of the same exposure.
VOO has a lower expense ratio. DVXE led over 1Y and the full window. The two move opposite each other, correlation -0.60, so holding both offsets the exposure while paying both fees.
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 | DVXE | VOO |
|---|---|---|
| Expense Ratio | 0.89% | 0.03%Best |
| AUM | $636,072 | $997.4B |
| Dividend Yield | 0.00% | 1.04% |
| Holdings | 4 | 509 |
| Volatility (annualized) | 32.6% | 12.7%Best |
| Max Drawdown | -21.8% | -8.9%Best |
| $10,000 over 1.1 years | $17,344Best | $12,242 |
| Fund Family | WEBs Investments | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 22, 2025 | Sep 7, 2010 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 26 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. DVXE has data through Aug 26, 2026 and VOO through Sep 21, 2026.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Jul 23, 2025 to Aug 26, 2026 (1.1 years).
Risk: Volatility and Drawdowns
DVXE has been the more volatile fund, with annualized monthly volatility of 32.6% compared with 12.7% 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 -21.8% for DVXE and -8.9% 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 -0.60. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
DVXE charges 0.89% per year while VOO charges 0.03%. On a $10,000 position that is $89 vs $3 annually, a gap of $86 per year that compounds over a long holding period. On income, DVXE currently yields 0.00% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 1 holding in DVXE and 494 in VOO, totalling 42.8% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in DVXE and 494 in VOO, against full books of 4 and 509.
You are not choosing between two funds in isolation.
Whichever of DVXE 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, DVXE or VOO?
DVXE has an expense ratio of 0.89% while VOO charges 0.03%. VOO is the cheaper option, by $86 a year on a $10,000 investment.
Which is riskier, DVXE or VOO?
DVXE has been the more volatile fund at 32.6% annualized versus 12.7% for VOO. Worst drawdown: DVXE -21.8% vs VOO -8.9%.
Should I hold both DVXE and VOO?
DVXE and VOO have a monthly-return correlation of -0.60, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, DVXE or VOO?
DVXE yields 0.00% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than DVXE?
VOO has a lower expense ratio. DVXE led over 1Y and the full window. The two move opposite each other, correlation -0.60, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.