OOTO vs VOO
Direxion Daily Travel & Vacation Bull 2X vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. OOTO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | OOTO | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.07% | 0.03% | |
| AUM | $6M | $979.0B | |
| Dividend Yield | 1.27% | 1.09% | |
| Holdings | 54 | 509 | |
| YTD Return | +1.71% | +13.72% | |
| 1Y Return | +42.54% | +21.63% | |
| 3Y Return (annualized) | +22.56% | +21.55% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 51.9% | 14.1% | |
| Max Drawdown | -66.9% | -34.3% | |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Jun 10, 2021 | Sep 7, 2010 |
OOTO vs VOO Performance
Direxion Daily Travel & Vacation Bull 2X (OOTO) 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 OOTO returned +42.54% while VOO returned +21.63%. Year to date, OOTO is up 1.71% versus a gain of 13.72% for VOO.
Over three years, OOTO compounded at +22.56% per year against +21.55% for VOO. Across the full 4-year window we track, VOO has the edge at +13.56% annualized vs -6.08%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OOTO has been the more volatile fund, with annualized monthly volatility of 51.9% compared with 14.1% 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 -66.9% for OOTO 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OOTO charges 1.07% per year while VOO charges 0.03%. On a $10,000 position that is $107 vs $3 annually, a gap of $104 per year that compounds over a long holding period. On income, OOTO currently yields 1.27% against 1.09% for VOO.
Frequently Asked Questions
Which is cheaper, OOTO or VOO?
OOTO has an expense ratio of 1.07% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $104 per year of difference.
Which performed better, OOTO or VOO?
Over the past year OOTO returned +42.54% vs +21.63% for VOO, so OOTO leads on 1-year performance. Over the longest common window we track (4 years), OOTO annualized -6.08% vs +13.56% for VOO. Past performance does not guarantee future results.
Which is riskier, OOTO or VOO?
OOTO has been the more volatile fund at 51.9% annualized versus 14.1% for VOO. Worst drawdown: OOTO -66.9% vs VOO -34.3%.
Should I hold both OOTO and VOO?
OOTO and VOO have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, OOTO or VOO?
OOTO yields 1.27% while VOO yields 1.09%, so OOTO currently pays the higher dividend yield.
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