DCOR vs SPY
DCOR vs SPY
Dimensional US Core Equity 1 ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. DCOR delivered stronger 1-year returns. DCOR offers more diversification with 2359 holdings.
Side-by-Side Comparison
| Metric | DCOR | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.14% | 0.09% | |
| AUM | $3.3B | $789.1B | |
| Dividend Yield | 0.93% | 1.01% | |
| Holdings | 2,372 | 505 | |
| YTD Return | +15.19% | +13.28% | |
| 1Y Return | +25.99% | +23.94% | |
| 3Y Return (annualized) | +21.43% | +21.07% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | 12.6% | 15.3% | |
| Max Drawdown | -19.1% | -56.5% | |
| Fund Family | Dimensional | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Sep 12, 2023 | Jan 22, 1993 |
DCOR vs SPY Performance
Dimensional US Core Equity 1 ETF (DCOR) is a ETF from Dimensional and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year DCOR returned +25.99% while SPY returned +23.94%. Year to date, DCOR is up 15.19% versus a gain of 13.28% for SPY.
Over three years, DCOR compounded at +21.43% per year against +21.07% for SPY. Across the full 3-year window we track, DCOR has the edge at +21.43% annualized vs +8.84%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 12.6% for DCOR. 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 -19.1% for DCOR and -56.5% for SPY. 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 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DCOR charges 0.14% per year while SPY charges 0.09%. On a $10,000 position that is $14 vs $9 annually, a gap of $5 per year that compounds over a long holding period. On income, DCOR currently yields 0.93% against 1.01% for SPY.
Holdings Overlap
DCOR and SPY share 458 holdings out of 2404 unique holdings combined, representing a 69.4% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in DCOR | Weight in SPY | Difference |
|---|---|---|---|
| NVDA | 5.58% | 7.31% | 1.73% |
| AAPL | 5.31% | 7.09% | 1.78% |
| MSFT | 3.53% | 4.43% | 0.90% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| JPM | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
See all 10 holdings DCOR shares with SPY Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, DCOR or SPY?
DCOR has an expense ratio of 0.14% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $5 per year of difference.
Which performed better, DCOR or SPY?
Over the past year DCOR returned +25.99% vs +23.94% for SPY, so DCOR leads on 1-year performance. Over the longest common window we track (3 years), DCOR annualized +21.43% vs +8.84% for SPY. Past performance does not guarantee future results.
Which is riskier, DCOR or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 12.6% for DCOR. Worst drawdown: DCOR -19.1% vs SPY -56.5%.
Should I hold both DCOR and SPY?
DCOR and SPY have a monthly-return correlation of 0.97, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between DCOR and SPY?
DCOR and SPY share 458 common holdings with a 69.4% weight overlap. Combined, they hold 2404 unique securities.
Which pays a higher dividend, DCOR or SPY?
DCOR yields 0.93% while SPY yields 1.01%, so SPY 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.