DVAL vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricDVALVOOWinner
Expense Ratio0.49%0.03%
AUM$71M$979.0B
Dividend Yield1.83%1.09%
Holdings115509
YTD Return+15.01%+13.80%
1Y Return+20.24%+23.71%
3Y Return (annualized)+14.32%+21.50%
5Y Return (annualized)-+13.44%
Volatility (annualized)12.7%14.1%
Max Drawdown-15.9%-34.3%
Fund FamilyFranklin Templeton Investments (US)Vanguard (US)
CategoryEquityEquity
InceptionDec 27, 2006Sep 7, 2010

DVAL vs VOO Performance

BrandywineGLOBAL-Dynamic US Large Cap Value ETF (DVAL) is a ETF from Franklin Templeton Investments (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year DVAL returned +20.24% while VOO returned +23.71%. Year to date, DVAL is up 15.01% versus a gain of 13.80% for VOO.

Over three years, DVAL compounded at +14.32% per year against +21.50% for VOO. Across the full 4-year window we track, VOO has the edge at +13.58% annualized vs +13.51%. 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 12.7% for DVAL. 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 -15.9% for DVAL 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 0.73. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

DVAL charges 0.49% per year while VOO charges 0.03%. On a $10,000 position that is $49 vs $3 annually, a gap of $46 per year that compounds over a long holding period. On income, DVAL currently yields 1.83% against 1.09% for VOO.

Holdings Overlap

15.3%overlap

DVAL and VOO share 71 holdings out of 547 unique holdings combined, representing a 15.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in DVALWeight in VOODifference
JPM:US4.39%1.26%3.13%
GE4.75%0.60%4.15%
CSCO4.52%0.72%3.80%
BACProProPro
GOOGLProProPro
AMZNProProPro
WFCProProPro
MUProProPro
LMTProProPro
UPSProProPro
See all 10 holdings DVAL shares with VOO
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, DVAL or VOO?

DVAL has an expense ratio of 0.49% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $46 per year of difference.

Which performed better, DVAL or VOO?

Over the past year DVAL returned +20.24% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), DVAL annualized +13.51% vs +13.58% for VOO. Past performance does not guarantee future results.

Which is riskier, DVAL or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 12.7% for DVAL. Worst drawdown: DVAL -15.9% vs VOO -34.3%.

Should I hold both DVAL and VOO?

DVAL and VOO have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between DVAL and VOO?

DVAL and VOO share 71 common holdings with a 15.3% weight overlap. Combined, they hold 547 unique securities.

Which pays a higher dividend, DVAL or VOO?

DVAL yields 1.83% while VOO yields 1.09%, so DVAL currently pays the higher dividend yield.

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