DHLAX vs. VOO
Compare and contrast key facts about Diamond Hill Large Cap Fund (DHLAX) and Vanguard S&P 500 ETF (VOO).
DHLAX is managed by Diamond Hill. It was launched on Jun 29, 2001. 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: DHLAX or VOO.
Correlation
The correlation between DHLAX and VOO is 0.91, 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
DHLAX vs. VOO - Performance Comparison
Key characteristics
DHLAX:
0.19
VOO:
2.23
DHLAX:
0.32
VOO:
2.96
DHLAX:
1.05
VOO:
1.41
DHLAX:
0.17
VOO:
3.32
DHLAX:
0.67
VOO:
14.53
DHLAX:
4.01%
VOO:
1.93%
DHLAX:
14.33%
VOO:
12.60%
DHLAX:
-54.91%
VOO:
-33.99%
DHLAX:
-14.59%
VOO:
-2.27%
Returns By Period
In the year-to-date period, DHLAX achieves a 0.28% return, which is significantly lower than VOO's 1.04% return. Over the past 10 years, DHLAX has underperformed VOO with an annualized return of 4.75%, while VOO has yielded a comparatively higher 13.54% annualized return.
DHLAX
0.28%
-13.21%
-3.61%
2.83%
2.96%
4.75%
VOO
1.04%
-2.24%
7.45%
28.44%
14.74%
13.54%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DHLAX vs. VOO - Expense Ratio Comparison
DHLAX has a 0.96% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
DHLAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Diamond Hill Large Cap Fund (DHLAX) 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
DHLAX vs. VOO - Dividend Comparison
DHLAX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.23%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHLAX Diamond Hill Large Cap Fund | 0.00% | 0.00% | 0.74% | 1.16% | 0.60% | 0.61% | 0.91% | 1.14% | 0.77% | 1.04% | 0.82% | 0.85% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
DHLAX vs. VOO - Drawdown Comparison
The maximum DHLAX drawdown since its inception was -54.91%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for DHLAX and VOO. For additional features, visit the drawdowns tool.
Volatility
DHLAX vs. VOO - Volatility Comparison
Diamond Hill Large Cap Fund (DHLAX) has a higher volatility of 9.44% compared to Vanguard S&P 500 ETF (VOO) at 4.32%. This indicates that DHLAX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.