DRIHX vs. VOO
Compare and contrast key facts about Dimensional 2040 Target Date Retirement Income Fund (DRIHX) and Vanguard S&P 500 ETF (VOO).
DRIHX is managed by Dimensional Fund Advisors LP. It was launched on Nov 1, 2015. 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: DRIHX or VOO.
Correlation
The correlation between DRIHX and VOO is 0.94, 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
DRIHX vs. VOO - Performance Comparison
Key characteristics
DRIHX:
0.43
VOO:
0.52
DRIHX:
0.74
VOO:
0.89
DRIHX:
1.10
VOO:
1.13
DRIHX:
0.46
VOO:
0.57
DRIHX:
1.76
VOO:
2.18
DRIHX:
3.25%
VOO:
4.85%
DRIHX:
12.26%
VOO:
19.11%
DRIHX:
-27.96%
VOO:
-33.99%
DRIHX:
-4.47%
VOO:
-7.67%
Returns By Period
In the year-to-date period, DRIHX achieves a 0.22% return, which is significantly higher than VOO's -3.41% return.
DRIHX
0.22%
3.43%
-3.54%
5.23%
8.32%
N/A
VOO
-3.41%
3.92%
-5.06%
9.92%
15.85%
12.42%
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DRIHX vs. VOO - Expense Ratio Comparison
DRIHX has a 0.22% 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
DRIHX vs. VOO — Risk-Adjusted Performance Rank
DRIHX
VOO
DRIHX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional 2040 Target Date Retirement Income Fund (DRIHX) 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
DRIHX vs. VOO - Dividend Comparison
DRIHX's dividend yield for the trailing twelve months is around 2.84%, more than VOO's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRIHX Dimensional 2040 Target Date Retirement Income Fund | 2.84% | 2.67% | 2.58% | 2.55% | 1.60% | 1.38% | 2.01% | 2.17% | 1.86% | 2.02% | 0.02% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.34% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
DRIHX vs. VOO - Drawdown Comparison
The maximum DRIHX drawdown since its inception was -27.96%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for DRIHX and VOO. For additional features, visit the drawdowns tool.
Volatility
DRIHX vs. VOO - Volatility Comparison
The current volatility for Dimensional 2040 Target Date Retirement Income Fund (DRIHX) is 4.59%, while Vanguard S&P 500 ETF (VOO) has a volatility of 6.83%. This indicates that DRIHX 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.