DYLD vs VOO

DYLD vs VOO

Which is better, DYLD or VOO?

Diversified Sectoral Bond against Large Cap Blend.

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 57.5%.

Lower Fees: VOOHigher Returns: VOOLess Concentrated: VOO

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

MetricDYLDVOO
Expense Ratio0.75%0.03%Best
AUM$39M$997.4B
Dividend Yield4.25%1.04%
Holdings174509
YTD Return+0.98%+14.14%Best
1Y Return+1.63%+17.31%Best
3Y Return (annualized)+4.63%+23.04%Best
5Y Return (annualized)+0.51%+13.63%Best
Volatility (annualized)4.9%Best15.5%
Max Drawdown-15.0%Best-24.5%
$10,000 over 5 years$10,258$18,944Best
Top 10 Weight57.5%37.6%Best
Fund FamilyLeaderSharesVanguard (US)
CategoryFixed IncomeEquity
StyleDiversified Sectoral BondLarge Cap Blend
InceptionJun 28, 2021Sep 7, 2010

Volatility and max drawdown are measured over the window both funds cover: Jun 29, 2021 to Sep 22, 2026 (5.2 years).

DYLD 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 5.2 years both funds cover.

DYLD vs VOO Performance

LeaderShares Dynamic Yield ETF (DYLD) is an ETF from LeaderShares and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year DYLD returned +1.63% while VOO returned +17.31%. Year to date, DYLD is up 0.98% versus a gain of 14.14% for VOO.

Over three years, DYLD compounded at +4.63% per year against +23.04% for VOO; over five years the annualized figures are +0.51% and +13.63% respectively.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 4.9% for DYLD. 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 -15.0% for DYLD and -24.5% 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

DYLD charges 0.75% per year while VOO charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, DYLD currently yields 4.25% against 1.04% for VOO.

Holdings Overlap

DYLD already in VOO92.8%
VOO already in DYLD31.4%

92.8% of DYLD's money is in holdings VOO also owns. 31.4% of VOO's money is in holdings DYLD also owns.

Most of DYLD is already inside VOO. Owning both mostly buys the same companies twice.

28 positions in common, counted across the 33 positions we hold weights for in DYLD and 494 in VOO, against full books of 174 and 509.

What only one of them owns

Our book lists 459 positions for VOO that do not appear in our book for DYLD (67.7% of the fund), and 3 for DYLD that do not appear in VOO (4.7%).

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 DYLDWeight in VOODifference
AAPLApple, Inc8.61%7.05%1.56%
NVDANvidia Corp3.81%7.55%3.74%
AMGNAmgen Inc.9.36%0.32%9.04%
XOMExxonmobil Holdings Corp Common Stock Usd8.15%1.00%7.15%
MSFTMicrosoft Corp1.98%5.36%3.38%
JPMJpmorgan Chase4.30%1.46%2.84%
AMATApplied Materials, Inc.4.97%0.63%4.34%
NEENextera Energy Inc4.73%0.28%4.45%
MPCMarathon Petroleum Corp4.57%0.14%4.43%
CFCf Industries Holdings Inc.4.59%0.03%4.56%

92.8% of DYLD is already inside VOO.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

DYLDVOO

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Frequently Asked Questions

Which is cheaper, DYLD or VOO?

DYLD has an expense ratio of 0.75% while VOO charges 0.03%. VOO is the cheaper option, by $72 a year on a $10,000 investment.

Which performed better, DYLD or VOO?

Over the past year DYLD returned +1.63% vs +17.31% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, DYLD or VOO?

VOO has been the more volatile fund at 15.5% annualized versus 4.9% for DYLD. Worst drawdown: DYLD -15.0% vs VOO -24.5%.

Should I hold both DYLD and VOO?

DYLD 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.

What is the holdings overlap between DYLD and VOO?

92.8% of DYLD's money is in holdings VOO also owns. 31.4% of VOO's is in holdings DYLD also owns. They hold 28 positions in common, counted across the 33 positions we hold weights for in DYLD and 494 in VOO.

Which pays a higher dividend, DYLD or VOO?

DYLD yields 4.25% while VOO yields 1.04%, so DYLD currently pays the higher dividend yield.

Is VOO better than DYLD?

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 57.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.