Data as of Oct 28, 2026.

vsCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Across categories

DJAN vs VOO: Differences, Returns & Fees

Share
Share on XDownload as PDF

Over the year to Oct 28, 2026, DJAN returned +10.3% to VOO's +13.7%, and VOO charges 0.03% to DJAN's 0.85%.

askIQ about this page

askIQ about DJAN and VOO

Net assets: $462m on Oct 27, 2026 for FT Vest U.S. Equity Deep Buffer ETF - January, and $1.0tn on Sep 30, 2026 for Vanguard S&P 500 ETF.

At a glance
+10.3%
DJAN total return, 1 year
+13.7%
VOO total return, 1 year
0.85%
DJAN expense ratio
0.03%
VOO expense ratio

Pair scorecard

VOO costs 0.82 points a year less; their one-year returns differ by 3.4 points.

DJAN vs VOO: Differences, Returns & Fees
MeasureDJANVOO
Return
Total return, 1 year+10.3%+13.7%
Drawdown
Index fall to the buffer14.9%
Fund price fall to the buffer12.6%
Benchmark
What it tracksSPYS&P 500 Index
The outcome period
Buffer left, in index points25.0% of 25.0%
Days left in the period79
Period endsJan 15, 2027
Cost and size
Expense ratio0.85%0.03%
Net assets, DJAN as of Oct 27, 2026 and VOO as of Sep 30, 2026$462m$1.0tn
Holdings
Holdings in commonnot published
In the S&P 500, by weight100%
Top ten holdings, share of the fund39.1%

Method

Risk and return

Jan 29, 2021 to Oct 23, 2026 · 299 weekly returns
DJAN VOO
Return
Total return edge VOO +56.5% +122.5%
Annualized edge VOO +8.1% +14.9%
Price return edge VOO +56.5% +105.4%
Risk
Volatility edge DJAN 6.7% 15.6%
Max drawdown edge DJAN −8.7% −23.9%
Downside capture 45.6% 99.9%
Beta 0.39 1.00
Risk-adjusted
Sharpe edge VOO (slight) 0.69 0.75
Sortino edge VOO (slight) 1.04 1.14
Treynor 0.117 0.134
Calmar edge DJAN 0.93 0.62
Against the benchmark
Alpha 0.0% a year 0.0% a year
Alpha t-stat 0.00 0.51
Information ratio −0.72 0.02
Tracking error 9.8% 0.4%

Each against its own benchmark: DJAN against SPY, Jan 29, 2021 to Oct 23, 2026; VOO against IVV, Sep 17, 2010 to Oct 23, 2026.

Reading

VOO returned more: +122.5% to +56.5%. DJAN swung less: 6.7% to 15.6%. DJAN fell less at its worst: −8.7% to −23.9%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: DJAN vs VOO: Differences, Returns & Fees
MeasureDJANVOOEdgeHow it is measured
Return
Total return+56.5%+122.5%VOOPrice change plus distributions, reinvested.
Annualized+8.1%+14.9%VOOTotal return as a yearly rate.
Price return+56.5%+105.4%VOOPrice change alone, distributions left out.
Risk
Volatility6.7%15.6%DJANSpread of weekly returns, annualized. Lower is steadier.
Downside deviation4.4%10.3%DJANLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−8.7%−23.9%DJANDeepest fall from a high to the low after it.
Upside capture31.0%99.8%Share of its benchmark's rise caught in the weeks it rose.
Downside capture45.6%99.9%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta0.391.00Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.851.00Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.690.75VOO (slight)Return above Treasury bills per unit of volatility.
Sortino1.041.14VOO (slight)Return above Treasury bills per unit of downside deviation.
Treynor0.1170.134Return above Treasury bills per unit of beta.
Calmar0.930.62DJANAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkSPYIVVThe ETF each fund is measured against.
Alpha0.0% a year0.0% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat0.000.51Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−2.1% to +2.1%−0.1% to +0.2%Includes zeroThe 95% range for the yearly alpha.
Information ratio−0.720.02Return against its benchmark per unit of tracking error.
Tracking error9.8%0.4%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 299 weekly returns. Cash rate: the 13-week Treasury bill.

Side by side

DJAN FT Vest U.S. Equity Deep Buffer ETF - January VOO Vanguard S&P 500 ETF
Where it sits Buffer ETF Stock ETF
What it is Defined outcome, 5% to 30% on SPY Tracks the S&P 500
Total return, 1 year +10.3% +13.7%
Its benchmark over the same days +12.4% (SPY) +13.7% (IVV)
Gap to its benchmark −2.1 pts vs SPY 0.0 pts vs IVV
Expense ratio 0.85% 0.03%
Holdings not read by ETFIQ 507
Net assets, DJAN as of Oct 27, 2026 and VOO as of Sep 30, 2026 $462m $1.0tn

DJAN and VOO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-730BBA3232

DJAN and VOO do different jobs. What does each one do in a portfolio?

  1. What each follows. DJAN follows SPY and VOO follows S&P 500 Index.
  2. One-year total return. Over 1 year to Oct 28, 2026 DJAN returned +10.3% and VOO +13.7% with distributions reinvested, a gap of 3.4 points.
  3. Cost. DJAN charges 0.85% of assets a year and VOO 0.03%, a gap of 0.82 points.

Data as of Oct 28, 2026.

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

DJAN flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
DJAN

SPY had already risen past this fund's cap of +11.6% for the period on Oct 28, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 2.9% as the period runs out.

The fund's price can fall 12.6% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 14.9% from today's level to the point where the buffer begins. Protection left, in index points: 25.0% of the 25.0% buffer still sits below today's SPY level. 79 days remained on Oct 28, 2026. On Jan 15, 2027 the period ends and a new cap is set.

VOO

VOO tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 507 positions, with the top ten at 39.1%.

Questions people ask

Are DJAN and VOO in the same category?
DJAN is a buffer ETF and VOO is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, DJAN or VOO?
In the year to Oct 28, 2026, with distributions reinvested, DJAN returned +10.3% and VOO +13.7%.
Which is cheaper, DJAN or VOO?
VOO is cheaper, by 0.82 percentage points a year. That is about $82 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
Cite this pageCitation, APA and Markdown

ETFIQ, DJAN against VOO, data as of Oct 28, 2026. https://etfiq.com/compare/any/djan-vs-voo

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.