DVXK vs SPY

DVXK vs SPY

Which is better, DVXK or SPY?

Large Cap Growth against Large Cap Blend.

SPY has a lower expense ratio. DVXK led over 1Y and the full window.

Lower Fees: SPYHigher Returns: DVXK

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

MetricDVXKSPY
Expense Ratio0.89%0.09%Best
AUM$6M$814.4B
Dividend Yield2.63%1.01%
Holdings4505
Volatility (annualized)40.0%12.7%Best
Max Drawdown-24.1%-8.9%Best
$10,000 over 1.1 years$14,720Best$12,230
Fund FamilyWEBs InvestmentsState Street Investment Management
CategoryEquityEquity
StyleLarge Cap GrowthLarge Cap Blend
InceptionJul 22, 2025Jan 22, 1993

Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.

The two price series end 9 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. DVXK has data through Aug 26, 2026 and SPY through Sep 4, 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

DVXK has been the more volatile fund, with annualized monthly volatility of 40.0% compared with 12.7% for SPY. 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 -24.1% for DVXK and -8.9% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

DVXK charges 0.89% per year while SPY charges 0.09%. On a $10,000 position that is $89 vs $9 annually, a gap of $80 per year that compounds over a long holding period. On income, DVXK currently yields 2.63% against 1.01% for SPY.

Holdings Overlap

We hold position weights for 1 holding in DVXK and 504 in SPY, totalling 45.9% and 100.0% 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 DVXK and 504 in SPY, against full books of 4 and 505.

You are not choosing between two funds in isolation.

Whichever of DVXK and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

DVXKSPY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, DVXK or SPY?

DVXK has an expense ratio of 0.89% while SPY charges 0.09%. SPY is the cheaper option, by $80 a year on a $10,000 investment.

Which is riskier, DVXK or SPY?

DVXK has been the more volatile fund at 40.0% annualized versus 12.7% for SPY. Worst drawdown: DVXK -24.1% vs SPY -8.9%.

Should I hold both DVXK and SPY?

DVXK and SPY have a monthly-return correlation of 0.82, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, DVXK or SPY?

DVXK yields 2.63% while SPY yields 1.01%, so DVXK currently pays the higher dividend yield.

Is SPY better than DVXK?

SPY has a lower expense ratio. DVXK led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.