DGEIX vs. VOO
Compare and contrast key facts about DFA Global Equity Portfolio Institutional Class (DGEIX) and Vanguard S&P 500 ETF (VOO).
DGEIX is managed by Dimensional Fund Advisors LP. It was launched on Dec 24, 2003. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DGEIX or VOO.
Key characteristics
| DGEIX | VOO | |
|---|---|---|
| YTD Return | 3.70% | 5.63% |
| 1Y Return | 18.50% | 23.68% |
| 3Y Return (Ann) | 5.03% | 7.89% |
| 5Y Return (Ann) | 10.05% | 13.12% |
| 10Y Return (Ann) | 8.65% | 12.38% |
| Sharpe Ratio | 1.47 | 1.91 |
| Daily Std Dev | 11.59% | 11.70% |
| Max Drawdown | -59.77% | -33.99% |
| Current Drawdown | -4.11% | -4.45% |
Correlation
The correlation between DGEIX and VOO is 0.95, 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
DGEIX vs. VOO - Performance Comparison
In the year-to-date period, DGEIX achieves a 3.70% return, which is significantly lower than VOO's 5.63% return. Over the past 10 years, DGEIX has underperformed VOO with an annualized return of 8.65%, while VOO has yielded a comparatively higher 12.38% 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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DGEIX vs. VOO - Expense Ratio Comparison
DGEIX has a 0.25% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
DGEIX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA Global Equity Portfolio Institutional Class (DGEIX) 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
DGEIX vs. VOO - Dividend Comparison
DGEIX's dividend yield for the trailing twelve months is around 3.69%, more than VOO's 1.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGEIX DFA Global Equity Portfolio Institutional Class | 3.69% | 3.82% | 4.92% | 4.31% | 2.37% | 2.22% | 2.62% | 2.15% | 1.90% | 1.98% | 1.88% | 1.70% |
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
DGEIX vs. VOO - Drawdown Comparison
The maximum DGEIX drawdown since its inception was -59.77%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for DGEIX and VOO. For additional features, visit the drawdowns tool.
Volatility
DGEIX vs. VOO - Volatility Comparison
The current volatility for DFA Global Equity Portfolio Institutional Class (DGEIX) is 3.61%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.89%. This indicates that DGEIX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.