DCRE vs VOO
DCRE vs VOO
DoubleLine Commercial Real Estate Debt ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | DCRE | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.03% | |
| AUM | $458M | $979.0B | |
| Dividend Yield | 4.74% | 1.09% | |
| Holdings | 259 | 509 | |
| YTD Return | +1.56% | +13.11% | |
| 1Y Return | +3.65% | +22.88% | |
| 3Y Return (annualized) | +5.87% | +21.08% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 1.4% | 14.1% | |
| Max Drawdown | -0.8% | -34.3% | |
| Fund Family | DoubleLine Funds | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Mar 31, 2023 | Sep 7, 2010 |
DCRE vs VOO Performance
DoubleLine Commercial Real Estate Debt ETF (DCRE) is a ETF from DoubleLine Funds and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year DCRE returned +3.65% while VOO returned +22.88%. Year to date, DCRE is up 1.56% versus a gain of 13.11% for VOO.
Over three years, DCRE compounded at +5.87% per year against +21.08% for VOO. Across the full 3-year window we track, VOO has the edge at +13.54% annualized vs +5.88%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 1.4% for DCRE. 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 -0.8% for DCRE 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 0.32. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DCRE charges 0.39% per year while VOO charges 0.03%. On a $10,000 position that is $39 vs $3 annually, a gap of $36 per year that compounds over a long holding period. On income, DCRE currently yields 4.74% against 1.09% for VOO.
Holdings Overlap
DCRE and VOO share 0 holdings out of 586 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, DCRE or VOO?
DCRE has an expense ratio of 0.39% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, DCRE or VOO?
Over the past year DCRE returned +3.65% vs +22.88% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (3 years), DCRE annualized +5.88% vs +13.54% for VOO. Past performance does not guarantee future results.
Which is riskier, DCRE or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 1.4% for DCRE. Worst drawdown: DCRE -0.8% vs VOO -34.3%.
Should I hold both DCRE and VOO?
DCRE and VOO have a monthly-return correlation of 0.32, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DCRE and VOO?
DCRE and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 586 unique securities.
Which pays a higher dividend, DCRE or VOO?
DCRE yields 4.74% while VOO yields 1.09%, so DCRE currently pays the higher dividend yield.
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