FAAA vs VOO
Fidelity AAA CLO ETF vs Vanguard S&P 500 ETF
Which is better, FAAA or VOO?
FAAA costs less.
FAAA has a lower expense ratio.
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 | FAAA | VOO |
|---|---|---|
| Expense Ratio | 0.00%Best | 0.03% |
| AUM | $79M | $997.4B |
| Dividend Yield | 2.78% | 1.04% |
| Holdings | 176 | 509 |
| YTD Return | +2.98% | +11.48%Best |
| 1Y Return | - | +15.94% |
| 3Y Return (annualized) | - | +21.01% |
| 5Y Return (annualized) | - | +12.66% |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Blend |
| Inception | Feb 11, 2026 | Sep 7, 2010 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
FAAA vs VOO 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FAAA vs VOO Performance
Fidelity AAA CLO ETF (FAAA) is an ETF from Fidelity Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Year to date, FAAA is up 2.98% versus a gain of 11.48% for VOO.
Past performance does not guarantee future results.
Fees and Cost Over Time
FAAA charges 0.00% per year while VOO charges 0.03%. On a $10,000 position that is $0 vs $3 annually, a gap of $3 per year that compounds over a long holding period. On income, FAAA currently yields 2.78% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 2 holdings in FAAA and 494 in VOO, totalling 3.1% and 99.5% 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 2 positions we hold weights for in FAAA and 494 in VOO, against full books of 176 and 509.
You are not choosing between two funds in isolation.
Whichever of FAAA and VOO 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, FAAA or VOO?
FAAA has an expense ratio of 0.00% while VOO charges 0.03%. FAAA is the cheaper option, by $3 a year on a $10,000 investment.
Which pays a higher dividend, FAAA or VOO?
FAAA yields 2.78% while VOO yields 1.04%, so FAAA currently pays the higher dividend yield.
Is VOO better than FAAA?
FAAA has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.