EURL vs VOO

Quick Verdict

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

Lower Fees: VOOHigher Returns: EURLMore Diversified: VOO

Side-by-Side Comparison

MetricEURLVOOWinner
Expense Ratio1.04%0.03%
AUM$51M$979.0B
Dividend Yield1.59%1.09%
Holdings9509
YTD Return+23.18%+13.80%
1Y Return+57.43%+23.71%
3Y Return (annualized)+36.09%+21.50%
5Y Return (annualized)+8.24%+13.44%
Volatility (annualized)49.6%14.1%
Max Drawdown-85.2%-34.3%
Fund FamilyDirexion Shares ETF TrustVanguard (US)
CategoryAlternativeEquity
InceptionJan 22, 2014Sep 7, 2010

EURL vs VOO Performance

Direxion Daily FTSE Europe Bull 3X ETF (EURL) is a ETF from Direxion Shares ETF Trust and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year EURL returned +57.43% while VOO returned +23.71%. Year to date, EURL is up 23.18% versus a gain of 13.80% for VOO.

Over three years, EURL compounded at +36.09% per year against +21.50% for VOO; over five years the annualized figures are +8.24% and +13.44% respectively. Across the full 13-year window we track, VOO has the edge at +13.58% annualized vs +2.94%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

EURL has been the more volatile fund, with annualized monthly volatility of 49.6% 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 -85.2% for EURL 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 usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

EURL charges 1.04% per year while VOO charges 0.03%. On a $10,000 position that is $104 vs $3 annually, a gap of $101 per year that compounds over a long holding period. On income, EURL currently yields 1.59% against 1.09% for VOO.

Holdings Overlap

0.0%overlap

EURL and VOO share 0 holdings out of 509 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, EURL or VOO?

EURL has an expense ratio of 1.04% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $101 per year of difference.

Which performed better, EURL or VOO?

Over the past year EURL returned +57.43% vs +23.71% for VOO, so EURL leads on 1-year performance. Over the longest common window we track (13 years), EURL annualized +2.94% vs +13.58% for VOO. Past performance does not guarantee future results.

Which is riskier, EURL or VOO?

EURL has been the more volatile fund at 49.6% annualized versus 14.1% for VOO. Worst drawdown: EURL -85.2% vs VOO -34.3%.

Should I hold both EURL and VOO?

EURL 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 EURL and VOO?

EURL and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.

Which pays a higher dividend, EURL or VOO?

EURL yields 1.59% while VOO yields 1.09%, so EURL currently pays the higher dividend yield.

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