DWUS vs MMAX
Advisorshares Dorsey Wright Fsm Us Core Etf vs iShares Large Cap Max Buffer Mar ETF
Which is better, DWUS or MMAX?
DWUS has been ahead.
MMAX has a lower expense ratio. DWUS led 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 | DWUS | MMAX |
|---|---|---|
| Expense Ratio | 1.08% | 0.50%Best |
| AUM | $122M | $74M |
| Dividend Yield | 0.03% | 0.76% |
| Holdings | 4 | 7 |
| YTD Return | +9.20%Best | +4.90% |
| 1Y Return | +10.11%Best | +5.24% |
| 3Y Return (annualized) | +17.82% | - |
| 5Y Return (annualized) | +9.99% | - |
| Volatility (annualized) | 16.9% | 1.4%Best |
| Max Drawdown | -14.3% | -1.9%Best |
| $10,000 over 1.5 years | $12,604Best | $10,944 |
| Fund Family | Advisor Shares | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Dec 26, 2019 | Mar 31, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Apr 1, 2025 to Oct 14, 2026 (1.5 years).
DWUS vs MMAX 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 1.5 years both funds cover.
DWUS vs MMAX Performance
Advisorshares Dorsey Wright Fsm Us Core Etf (DWUS) is an ETF from Advisor Shares and iShares Large Cap Max Buffer Mar ETF (MMAX) is an ETF from iShares by BlackRock (US). Over the past year DWUS returned +10.11% while MMAX returned +5.24%. Year to date, DWUS is up 9.20% versus a gain of 4.90% for MMAX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DWUS has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 1.4% for MMAX. 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 -14.3% for DWUS and -1.9% for MMAX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.36. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DWUS charges 1.08% per year while MMAX charges 0.50%. On a $10,000 position that is $108 vs $50 annually, a gap of $58 per year that compounds over a long holding period. On income, DWUS currently yields 0.03% against 0.76% for MMAX.
Holdings Overlap
We hold position weights for 4 holdings in DWUS and 3 in MMAX, totalling 100.0% and 112.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 4 positions we hold weights for in DWUS and 3 in MMAX, against full books of 4 and 7.
What only one of them owns
Measured across the 4 and 3 positions we hold weights for.
MMAX holds 3 positions DWUS does not, 112.5% of the fund.
Largest: IVV 111.26%, XTSLA 1.06%, GSCFT 0.14%
You are not choosing between two funds in isolation.
Whichever of DWUS and MMAX 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, DWUS or MMAX?
DWUS has an expense ratio of 1.08% while MMAX charges 0.50%. MMAX is the cheaper option, by $58 a year on a $10,000 investment.
Which performed better, DWUS or MMAX?
Over the past year DWUS returned +10.11% vs +5.24% for MMAX, so DWUS leads on 1-year performance. Over the longest common window we track (2 years), DWUS annualized +16.68% vs +6.20% for MMAX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DWUS or MMAX?
DWUS has been the more volatile fund at 16.9% annualized versus 1.4% for MMAX. Worst drawdown: DWUS -14.3% vs MMAX -1.9%.
Should I hold both DWUS and MMAX?
DWUS and MMAX have a monthly-return correlation of 0.36, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DWUS or MMAX?
DWUS yields 0.03% while MMAX yields 0.76%, so MMAX currently pays the higher dividend yield.
Is MMAX better than DWUS?
MMAX has a lower expense ratio. DWUS led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.