DWSH vs VOO
DWSH vs VOO
AdvisorShares Dorsey Wright Short 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 | DWSH | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 6.22% | 0.03% | |
| AUM | $6M | $979.0B | |
| Dividend Yield | 6.47% | 1.09% | |
| Holdings | 101 | 509 | |
| YTD Return | -11.96% | +11.51% | |
| 1Y Return | -16.24% | +21.46% | |
| 3Y Return (annualized) | -4.29% | +20.86% | |
| 5Y Return (annualized) | -4.16% | +13.01% | |
| Volatility (annualized) | 30.6% | 14.1% | |
| Max Drawdown | -83.8% | -34.3% | |
| Fund Family | Advisor Shares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 10, 2018 | Sep 7, 2010 |
DWSH vs VOO Performance
AdvisorShares Dorsey Wright Short ETF (DWSH) is a ETF from Advisor Shares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year DWSH returned -16.24% while VOO returned +21.46%. Year to date, DWSH is down 11.96% versus a gain of 11.51% for VOO.
Over three years, DWSH compounded at -4.29% per year against +20.86% for VOO; over five years the annualized figures are -4.16% and +13.01% respectively. Across the full 8-year window we track, VOO has the edge at +13.44% annualized vs -14.50%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DWSH has been the more volatile fund, with annualized monthly volatility of 30.6% 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 -83.8% for DWSH 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 -0.80. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DWSH charges 6.22% per year while VOO charges 0.03%. On a $10,000 position that is $622 vs $3 annually, a gap of $619 per year that compounds over a long holding period. On income, DWSH currently yields 6.47% against 1.09% for VOO.
Holdings Overlap
DWSH and VOO share 51 holdings out of 553 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in DWSH | Weight in VOO | Difference |
|---|---|---|---|
| NFLX | -1.04% | 0.47% | 1.51% |
| CRM | -0.81% | 0.20% | 1.01% |
| CMG | -0.83% | 0.07% | 0.90% |
| CPRT | Pro | Pro | Pro |
| ADBE | Pro | Pro | Pro |
| FIS | Pro | Pro | Pro |
| CTSH | Pro | Pro | Pro |
| BSX | Pro | Pro | Pro |
| NKE | Pro | Pro | Pro |
| ISRG | Pro | Pro | Pro |
See all 10 holdings DWSH 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, DWSH or VOO?
DWSH has an expense ratio of 6.22% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $619 per year of difference.
Which performed better, DWSH or VOO?
Over the past year DWSH returned -16.24% vs +21.46% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (8 years), DWSH annualized -14.50% vs +13.44% for VOO. Past performance does not guarantee future results.
Which is riskier, DWSH or VOO?
DWSH has been the more volatile fund at 30.6% annualized versus 14.1% for VOO. Worst drawdown: DWSH -83.8% vs VOO -34.3%.
Should I hold both DWSH and VOO?
DWSH and VOO have a monthly-return correlation of -0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DWSH and VOO?
DWSH and VOO share 51 common holdings with a 0.0% weight overlap. Combined, they hold 553 unique securities.
Which pays a higher dividend, DWSH or VOO?
DWSH yields 6.47% while VOO yields 1.09%, so DWSH currently pays the higher dividend yield.
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