EDZ vs VOO
Direxion Daily MSCI Emerging Markets Bear 3X ETF vs Vanguard S&P 500 ETF
Which is better, EDZ or VOO?
Opposite sides of the same exposure.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. The two move opposite each other, correlation -0.66, so holding both offsets the exposure while paying both fees.
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 | EDZ | VOO |
|---|---|---|
| Expense Ratio | 1.05% | 0.03%Best |
| AUM | $18M | $997.4B |
| Dividend Yield | 4.26% | 1.08% |
| Holdings | 4 | 509 |
| YTD Return | -57.49% | +12.74%Best |
| 1Y Return | -69.54% | +19.43%Best |
| 3Y Return (annualized) | -50.31% | +21.18%Best |
| 5Y Return (annualized) | -28.34% | +12.76%Best |
| Volatility (annualized) | 50.3% | 14.1%Best |
| Max Drawdown | - | -34.3% |
| $10,000 over 5 years | $1,890 | $18,230Best |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Trading-Inverse Equity | Large Cap Blend |
| Inception | Dec 17, 2008 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 8, 2026 (16 years).
EDZ 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 16 years both funds cover.
EDZ vs VOO Performance
Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) is an ETF from Direxion Shares ETF Trust and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year EDZ returned -69.54% while VOO returned +19.43%. Year to date, EDZ is down 57.49% versus a gain of 12.74% for VOO.
Over three years, EDZ compounded at -50.31% per year against +21.18% for VOO; over five years the annualized figures are -28.34% and +12.76% respectively. Across the full 16-year window we track, VOO has the edge at +13.43% annualized vs -32.33%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EDZ has been the more volatile fund, with annualized monthly volatility of 50.3% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at -0.66. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
EDZ charges 1.05% per year while VOO charges 0.03%. On a $10,000 position that is $105 vs $3 annually, a gap of $102 per year that compounds over a long holding period. On income, EDZ currently yields 4.26% against 1.08% for VOO.
Holdings Overlap
We hold position weights for 2 holdings in EDZ and 504 in VOO, totalling 122.8% and 99.9% 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 2 positions we hold weights for in EDZ and 504 in VOO, against full books of 4 and 509.
You are not choosing between two funds in isolation.
Whichever of EDZ and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EDZ or VOO?
EDZ has an expense ratio of 1.05% while VOO charges 0.03%. VOO is the cheaper option, by $102 a year on a $10,000 investment.
Which performed better, EDZ or VOO?
Over the past year EDZ returned -69.54% vs +19.43% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), EDZ annualized -32.33% vs +13.43% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EDZ or VOO?
EDZ has been the more volatile fund at 50.3% annualized versus 14.1% for VOO.
Should I hold both EDZ and VOO?
EDZ and VOO have a monthly-return correlation of -0.66, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, EDZ or VOO?
EDZ yields 4.26% while VOO yields 1.08%, so EDZ currently pays the higher dividend yield.
Is VOO better than EDZ?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. The two move opposite each other, correlation -0.66, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.