DWLD vs VOO
Davis Select Worldwide ETF vs Vanguard S&P 500 ETF
Which is better, DWLD or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. DWLD is less concentrated, with 25.8% of the fund in its ten largest positions against 36.4%.
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 | DWLD | VOO |
|---|---|---|
| Expense Ratio | 0.62% | 0.03%Best |
| AUM | $607M | $997.4B |
| Dividend Yield | 0.87% | 1.08% |
| Holdings | 40 | 509 |
| YTD Return | -0.55% | +12.74%Best |
| 1Y Return | +6.74% | +19.43%Best |
| 3Y Return (annualized) | +18.91% | +21.18%Best |
| 5Y Return (annualized) | +9.57% | +12.76%Best |
| Volatility (annualized) | 18.6% | 15.6%Best |
| Max Drawdown | -39.3% | -34.3%Best |
| $10,000 over 5 years | $15,793 | $18,230Best |
| Top 10 Weight | 25.8%Best | 36.4% |
| Fund Family | Davis ETFs | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 11, 2017 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Jan 12, 2017 to Sep 8, 2026 (9.7 years).
DWLD vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 9.7 years both funds cover.
DWLD vs VOO Performance
Davis Select Worldwide ETF (DWLD) is an ETF from Davis ETFs and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year DWLD returned +6.74% while VOO returned +19.43%. Year to date, DWLD is down 0.55% versus a gain of 12.74% for VOO.
Over three years, DWLD compounded at +18.91% per year against +21.18% for VOO; over five years the annualized figures are +9.57% and +12.76% respectively. Across the full 10-year window we track, VOO has the edge at +14.38% annualized vs +10.42%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DWLD has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 15.6% 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 -39.3% for DWLD and -34.3% 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DWLD charges 0.62% per year while VOO charges 0.03%. On a $10,000 position that is $62 vs $3 annually, a gap of $59 per year that compounds over a long holding period. On income, DWLD currently yields 0.87% against 1.08% for VOO.
Holdings Overlap
66.2% of DWLD's money is in holdings VOO also owns. 96.5% of VOO's money is in holdings DWLD also owns.
Most of VOO is already inside DWLD. Owning both mostly buys the same companies twice.
425 positions in common, counted across the 1,427 positions we hold weights for in DWLD and 504 in VOO, against full books of 40 and 509.
What only one of them owns
Our book lists 72 positions for VOO that do not appear in our book for DWLD (3.1% of the fund), and 63 for DWLD that do not appear in VOO (1.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DWLD | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 5.13% | 7.51% | 2.38% |
| AAPLApple Inc Ord | 4.63% | 6.59% | 1.96% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 3.79% | 4.30% | 0.51% |
| AMZNAmazon.Com Inc | 2.78% | 3.62% | 0.84% |
| GOOGL Alphabet Inc. Class A | 2.28% | 3.25% | 0.97% |
| AVGOBroadcom Inc | 2.01% | 2.77% | 0.76% |
| GOOGAlphabet, Inc., Class C | 1.85% | 2.59% | 0.74% |
| METAMeta Platform Inc | 1.33% | 1.92% | 0.59% |
| MUMicron Technology, Inc. | 1.04% | 2.02% | 0.98% |
| TSLATesla Motors Inc | 0.98% | 1.84% | 0.86% |
96.5% of VOO is already inside DWLD.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DWLD or VOO?
DWLD has an expense ratio of 0.62% while VOO charges 0.03%. VOO is the cheaper option, by $59 a year on a $10,000 investment.
Which performed better, DWLD or VOO?
Over the past year DWLD returned +6.74% vs +19.43% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (10 years), DWLD annualized +10.42% vs +14.38% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DWLD or VOO?
DWLD has been the more volatile fund at 18.6% annualized versus 15.6% for VOO. Worst drawdown: DWLD -39.3% vs VOO -34.3%.
Should I hold both DWLD and VOO?
DWLD and VOO have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DWLD and VOO?
96.5% of VOO's money is in holdings DWLD also owns. 96.5% of VOO's is in holdings DWLD also owns. They hold 425 positions in common, counted across the 1,427 positions we hold weights for in DWLD and 504 in VOO.
Which pays a higher dividend, DWLD or VOO?
DWLD yields 0.87% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
Is VOO better than DWLD?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. DWLD is less concentrated, with 25.8% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.