DVXF vs VOO

Quick Verdict

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

Lower Fees: VOOHigher Returns: DVXFMore Diversified: VOO

Side-by-Side Comparison

MetricDVXFVOOWinner
Expense Ratio0.89%0.03%
AUM-$979.0B
Dividend Yield-1.09%
Holdings4509
YTD Return+10.53%+14.48%
1Y Return+22.54%+22.02%
3Y Return (annualized)-+21.80%
5Y Return (annualized)-+13.36%
Volatility (annualized)24.0%14.2%
Max Drawdown-26.7%-34.3%
Fund FamilyWEBs InvestmentsVanguard (US)
CategoryEquityEquity
InceptionJul 22, 2025Sep 7, 2010

DVXF vs VOO Performance

WEBs Financial XLF Defined Volatility ETF (DVXF) is a ETF from WEBs Investments and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year DVXF returned +22.54% while VOO returned +22.02%. Year to date, DVXF is up 10.53% versus a gain of 14.48% for VOO.

Risk: Volatility and Drawdowns

DVXF has been the more volatile fund, with annualized monthly volatility of 24.0% compared with 14.2% 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 -26.7% for DVXF 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 0.25. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

DVXF 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.

Holdings Overlap

0.0%overlap

DVXF and VOO share 0 holdings out of 506 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, DVXF or VOO?

DVXF has an expense ratio of 0.89% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $86 per year of difference.

Which performed better, DVXF or VOO?

Over the past year DVXF returned +22.54% vs +22.02% for VOO, so DVXF leads on 1-year performance. Over the longest common window we track (1 years), DVXF annualized +19.22% vs +13.61% for VOO. Past performance does not guarantee future results.

Which is riskier, DVXF or VOO?

DVXF has been the more volatile fund at 24.0% annualized versus 14.2% for VOO. Worst drawdown: DVXF -26.7% vs VOO -34.3%.

Should I hold both DVXF and VOO?

DVXF and VOO have a monthly-return correlation of 0.25, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between DVXF and VOO?

DVXF and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.

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