DSPY vs VOO
DSPY vs VOO
Tema S&P 500 Historical Weight ETF Strategy vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. DSPY delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | DSPY | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.03% | |
| AUM | $968M | $979.0B | |
| Dividend Yield | 0.75% | 1.09% | |
| Holdings | 506 | 509 | |
| YTD Return | +15.13% | +13.53% | |
| 1Y Return | +24.64% | +23.65% | |
| 3Y Return (annualized) | - | +21.27% | |
| 5Y Return (annualized) | - | +13.52% | |
| Volatility (annualized) | 10.6% | 14.1% | |
| Max Drawdown | -12.2% | -34.3% | |
| Fund Family | Tema Global Limited | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 1, 2025 | Sep 7, 2010 |
DSPY vs VOO Performance
Tema S&P 500 Historical Weight ETF Strategy (DSPY) is a ETF from Tema Global Limited and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year DSPY returned +24.64% while VOO returned +23.65%. Year to date, DSPY is up 15.13% versus a gain of 13.53% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 10.6% for DSPY. 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 -12.2% for DSPY 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 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DSPY charges 0.18% per year while VOO charges 0.03%. On a $10,000 position that is $18 vs $3 annually, a gap of $15 per year that compounds over a long holding period. On income, DSPY currently yields 0.75% against 1.09% for VOO.
Holdings Overlap
DSPY and VOO share 492 holdings out of 516 unique holdings combined, representing a 82.4% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in DSPY | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 4.52% | 7.51% | 2.99% |
| AAPL | 3.43% | 6.59% | 3.16% |
| MSFT | 1.96% | 4.30% | 2.34% |
| AMZN | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
See all 10 holdings DSPY shares with VOO 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, DSPY or VOO?
DSPY has an expense ratio of 0.18% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $15 per year of difference.
Which performed better, DSPY or VOO?
Over the past year DSPY returned +24.64% vs +23.65% for VOO, so DSPY leads on 1-year performance. Over the longest common window we track (1 years), DSPY annualized +26.23% vs +13.57% for VOO. Past performance does not guarantee future results.
Which is riskier, DSPY or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 10.6% for DSPY. Worst drawdown: DSPY -12.2% vs VOO -34.3%.
Should I hold both DSPY and VOO?
DSPY and VOO have a monthly-return correlation of 0.96, 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 DSPY and VOO?
DSPY and VOO share 492 common holdings with a 82.4% weight overlap. Combined, they hold 516 unique securities.
Which pays a higher dividend, DSPY or VOO?
DSPY yields 0.75% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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