DWMF vs VOO

DWMF vs VOO

Which is better, DWMF or VOO?

VOO has been ahead.

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. DWMF is less concentrated, with 12.8% of the fund in its ten largest positions against 37.6%.

Lower Fees: VOOHigher Returns: VOOLess Concentrated: DWMF

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

MetricDWMFVOO
Expense Ratio0.38%0.03%Best
AUM$34M$997.4B
Dividend Yield3.03%1.04%
Holdings201509
YTD Return+4.13%+13.31%Best
1Y Return+8.65%+17.07%Best
3Y Return (annualized)+13.97%+22.72%Best
5Y Return (annualized)+7.95%+13.19%Best
Volatility (annualized)11.3%Best16.8%
Max Drawdown-29.7%Best-34.3%
$10,000 over 5 years$14,659$18,580Best
Top 10 Weight12.8%Best37.6%
Fund FamilyWisdomTree InvestmentsVanguard (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionAug 10, 2018Sep 7, 2010

Volatility and max drawdown are measured over the window both funds cover: Aug 10, 2018 to Sep 23, 2026 (8.1 years).

DWMF 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 8.1 years both funds cover.

DWMF vs VOO Performance

WisdomTree International Multifactor Fund (DWMF) is an ETF from WisdomTree Investments and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year DWMF returned +8.65% while VOO returned +17.07%. Year to date, DWMF is up 4.13% versus a gain of 13.31% for VOO.

Over three years, DWMF compounded at +13.97% per year against +22.72% for VOO; over five years the annualized figures are +7.95% and +13.19% respectively. Across the full 8-year window we track, VOO has the edge at +14.20% annualized vs +6.25%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 11.3% for DWMF. 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 -29.7% for DWMF 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 0.74. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

DWMF charges 0.38% per year while VOO charges 0.03%. On a $10,000 position that is $38 vs $3 annually, a gap of $35 per year that compounds over a long holding period. On income, DWMF currently yields 3.03% against 1.04% for VOO.

Holdings Overlap

VOO already in DWMF0.1%

0.1% of VOO's money is in holdings DWMF also owns.

We cannot see either book well enough to say how much of this pair is duplicated.

1 positions in common, counted across the 197 positions we hold weights for in DWMF and 494 in VOO, against full books of 201 and 509.

What only one of them owns

Our book lists 486 positions for VOO that do not appear in our book for DWMF (99.1% of the fund), and 6 for DWMF that do not appear in VOO (2.1%).

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

StockWeight in DWMFWeight in VOODifference
KRKroger Co.0.02%0.05%0.03%

You are not choosing between two funds in isolation.

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

DWMFVOO

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, DWMF or VOO?

DWMF has an expense ratio of 0.38% while VOO charges 0.03%. VOO is the cheaper option, by $35 a year on a $10,000 investment.

Which performed better, DWMF or VOO?

Over the past year DWMF returned +8.65% vs +17.07% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (8 years), DWMF annualized +6.25% vs +14.20% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, DWMF or VOO?

VOO has been the more volatile fund at 16.8% annualized versus 11.3% for DWMF. Worst drawdown: DWMF -29.7% vs VOO -34.3%.

Should I hold both DWMF and VOO?

DWMF and VOO have a monthly-return correlation of 0.74, 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, DWMF or VOO?

DWMF yields 3.03% while VOO yields 1.04%, so DWMF currently pays the higher dividend yield.

Is VOO better than DWMF?

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. DWMF is less concentrated, with 12.8% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.