DFEN vs VTI
Direxion Daily Aerospace & Defense Bull 3X ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, DFEN or VTI?
Multi Alternative against Large Cap Blend.
VTI has a lower expense ratio. DFEN led over 3Y and 5Y, VTI over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DFEN | VTI |
|---|---|---|
| Expense Ratio | 0.95% | 0.03%Best |
| AUM | $282M | $689.2B |
| Dividend Yield | 11.96% | 1.06% |
| Holdings | 118 | 3,524 |
| YTD Return | -36.29% | +13.02%Best |
| 1Y Return | -28.96% | +16.63%Best |
| 3Y Return (annualized) | +45.86%Best | +21.97% |
| 5Y Return (annualized) | +18.33%Best | +11.99% |
| Volatility (annualized) | 67.0% | 16.2%Best |
| Max Drawdown | -91.4% | -35.0%Best |
| $10,000 over 5 years | $23,199Best | $17,616 |
| Fund Family | Direxion Shares ETF Trust | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | May 3, 2017 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 3, 2017 to Oct 14, 2026 (9.4 years).
DFEN vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 9.4 years both funds cover.
DFEN vs VTI Performance
Direxion Daily Aerospace & Defense Bull 3X ETF (DFEN) is an ETF from Direxion Shares ETF Trust and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year DFEN returned -28.96% while VTI returned +16.63%. Year to date, DFEN is down 36.29% versus a gain of 13.02% for VTI.
Over three years, DFEN compounded at +45.86% per year against +21.97% for VTI; over five years the annualized figures are +18.33% and +11.99% respectively. Across the full 9-year window we track, VTI has the edge at +13.56% annualized vs +8.24%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DFEN has been the more volatile fund, with annualized monthly volatility of 67.0% compared with 16.2% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -91.4% for DFEN and -35.0% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DFEN charges 0.95% per year while VTI charges 0.03%. On a $10,000 position that is $95 vs $3 annually, a gap of $92 per year that compounds over a long holding period. On income, DFEN currently yields 11.96% against 1.06% for VTI.
Holdings Overlap
At least 2.3% of VTI's money is in holdings DFEN also owns.
Stated as a floor: for DFEN, our book for it covers 33.4% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VTI and DFEN share little of their money.
47 positions in common, counted across the 53 positions we hold weights for in DFEN and 3,441 in VTI, against full books of 118 and 3,524.
Top Shared Holdings
| Stock | Weight in DFEN | Weight in VTI | Difference |
|---|---|---|---|
| GEGeneral Electric Co. | 4.93% | 0.47% | 4.46% |
| RTXRaytheon Co. | 3.79% | 0.38% | 3.41% |
| BABoeing Co | 1.82% | 0.22% | 1.60% |
| LMTLockheed Martin Corp | 1.07% | 0.18% | 0.89% |
| HWMHowmet Aerospace Inc. | 1.09% | 0.13% | 0.96% |
| TDGTransdigm Group Inc. | 1.09% | 0.09% | 1.00% |
| GDGeneral Dynamics Corp | 1.05% | 0.13% | 0.92% |
| NOCNorthrop Grumman Corp. | 1.04% | 0.10% | 0.94% |
| HONAHoneywell Aerospace Inc | 0.89% | 0.07% | 0.82% |
| LHXL3Harris Technologies Inc. | 0.81% | 0.07% | 0.74% |
You are not choosing between two funds in isolation.
Whichever of DFEN and VTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DFEN or VTI?
DFEN has an expense ratio of 0.95% while VTI charges 0.03%. VTI is the cheaper option, by $92 a year on a $10,000 investment.
Which performed better, DFEN or VTI?
Over the past year DFEN returned -28.96% vs +16.63% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (9 years), DFEN annualized +8.24% vs +13.56% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFEN or VTI?
DFEN has been the more volatile fund at 67.0% annualized versus 16.2% for VTI. Worst drawdown: DFEN -91.4% vs VTI -35.0%.
Should I hold both DFEN and VTI?
DFEN and VTI have a monthly-return correlation of 0.72, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DFEN and VTI?
At least 2.3% of VTI's money is in holdings DFEN also owns. Our book for DFEN is partial, so the real figure is this or higher. They hold 47 positions in common, counted across the 53 positions we hold weights for in DFEN and 3,441 in VTI.
Which pays a higher dividend, DFEN or VTI?
DFEN yields 11.96% while VTI yields 1.06%, so DFEN currently pays the higher dividend yield.
Is VTI better than DFEN?
VTI has a lower expense ratio. DFEN led over 3Y and 5Y, VTI over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.