DEW vs. VOO
Compare and contrast key facts about WisdomTree Global High Dividend Fund (DEW) and Vanguard S&P 500 ETF (VOO).
DEW and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DEW is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Global High Dividend Index. It was launched on Jun 16, 2006. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both DEW and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DEW or VOO.
Key characteristics
| DEW | VOO | |
|---|---|---|
| YTD Return | 2.40% | 6.24% |
| 1Y Return | 11.00% | 26.43% |
| 3Y Return (Ann) | 5.46% | 8.07% |
| 5Y Return (Ann) | 5.61% | 13.29% |
| 10Y Return (Ann) | 4.41% | 12.51% |
| Sharpe Ratio | 0.90 | 2.21 |
| Daily Std Dev | 11.55% | 11.73% |
| Max Drawdown | -65.55% | -33.99% |
| Current Drawdown | -2.37% | -3.90% |
Correlation
The correlation between DEW and VOO is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DEW vs. VOO - Performance Comparison
In the year-to-date period, DEW achieves a 2.40% return, which is significantly lower than VOO's 6.24% return. Over the past 10 years, DEW has underperformed VOO with an annualized return of 4.41%, while VOO has yielded a comparatively higher 12.51% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DEW vs. VOO - Expense Ratio Comparison
DEW has a 0.58% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
DEW vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Global High Dividend Fund (DEW) and Vanguard S&P 500 ETF (VOO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
DEW vs. VOO - Dividend Comparison
DEW's dividend yield for the trailing twelve months is around 4.36%, more than VOO's 1.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEW WisdomTree Global High Dividend Fund | 4.36% | 4.55% | 3.82% | 3.55% | 4.10% | 3.74% | 4.17% | 3.18% | 3.42% | 4.32% | 5.00% | 3.65% |
VOO Vanguard S&P 500 ETF | 1.39% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
DEW vs. VOO - Drawdown Comparison
The maximum DEW drawdown since its inception was -65.55%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for DEW and VOO. For additional features, visit the drawdowns tool.
Volatility
DEW vs. VOO - Volatility Comparison
WisdomTree Global High Dividend Fund (DEW) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.65% and 3.56%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.