DFRA vs. VOO
Compare and contrast key facts about Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA) and Vanguard S&P 500 ETF (VOO).
DFRA and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DFRA is a passively managed fund by Donoghue Forlines that tracks the performance of the FCF Yield Enhanced Real Asset Index - Benchmark TR Net. It was launched on Dec 13, 2021. 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 DFRA 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: DFRA or VOO.
Key characteristics
| DFRA | VOO | |
|---|---|---|
| YTD Return | 11.20% | 19.30% |
| 1Y Return | 17.20% | 28.36% |
| Sharpe Ratio | 1.27 | 2.26 |
| Daily Std Dev | 13.45% | 12.63% |
| Max Drawdown | -18.50% | -33.99% |
| Current Drawdown | -0.70% | -0.28% |
Correlation
The correlation between DFRA and VOO is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DFRA vs. VOO - Performance Comparison
In the year-to-date period, DFRA achieves a 11.20% return, which is significantly lower than VOO's 19.30% 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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DFRA vs. VOO - Expense Ratio Comparison
DFRA has a 0.69% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
DFRA vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA) 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
DFRA vs. VOO - Dividend Comparison
DFRA's dividend yield for the trailing twelve months is around 2.36%, more than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF | 2.36% | 4.70% | 8.40% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
DFRA vs. VOO - Drawdown Comparison
The maximum DFRA drawdown since its inception was -18.50%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for DFRA and VOO. For additional features, visit the drawdowns tool.
Volatility
DFRA vs. VOO - Volatility Comparison
Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.00% and 3.92%, 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.