EDC vs VOO
Direxion Daily MSCI Emerging Markets Bull 3X ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. EDC delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | EDC | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.09% | 0.03% | |
| AUM | $168M | $997.4B | |
| Dividend Yield | 1.52% | 1.08% | |
| Holdings | 10 | 509 | |
| YTD Return | +34.11% | +14.27% | |
| 1Y Return | +87.47% | +21.79% | |
| 3Y Return (annualized) | +44.23% | +22.19% | |
| 5Y Return (annualized) | +0.46% | +13.28% | |
| Volatility (annualized) | 58.6% | 14.2% | |
| Max Drawdown | -92.9% | -34.3% | |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Dec 17, 2008 | Sep 7, 2010 |
EDC vs VOO Performance
Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) is a ETF from Direxion Shares ETF Trust and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year EDC returned +87.47% while VOO returned +21.79%. Year to date, EDC is up 34.11% versus a gain of 14.27% for VOO.
Over three years, EDC compounded at +44.23% per year against +22.19% for VOO; over five years the annualized figures are +0.46% and +13.28% respectively. Across the full 16-year window we track, VOO has the edge at +13.59% annualized vs -0.60%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EDC has been the more volatile fund, with annualized monthly volatility of 58.6% 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 -92.9% for EDC 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EDC charges 1.09% per year while VOO charges 0.03%. On a $10,000 position that is $109 vs $3 annually, a gap of $106 per year that compounds over a long holding period. On income, EDC currently yields 1.52% against 1.08% for VOO.
Holdings Overlap
EDC and VOO share 0 holdings out of 509 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, EDC or VOO?
EDC has an expense ratio of 1.09% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $106 per year of difference.
Which performed better, EDC or VOO?
Over the past year EDC returned +87.47% vs +21.79% for VOO, so EDC leads on 1-year performance. Over the longest common window we track (16 years), EDC annualized -0.60% vs +13.59% for VOO. Past performance does not guarantee future results.
Which is riskier, EDC or VOO?
EDC has been the more volatile fund at 58.6% annualized versus 14.2% for VOO. Worst drawdown: EDC -92.9% vs VOO -34.3%.
Should I hold both EDC and VOO?
EDC and VOO have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EDC and VOO?
EDC and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, EDC or VOO?
EDC yields 1.52% while VOO yields 1.08%, so EDC currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.