FBND vs VOO
Fidelity Total Bond ETF vs Vanguard S&P 500 ETF
Which is better, FBND or VOO?
Long Term Mid Quality against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y 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 | FBND | VOO |
|---|---|---|
| Expense Ratio | 0.36% | 0.03%Best |
| AUM | $27.1B | $997.4B |
| Dividend Yield | 5.16% | 1.04% |
| Holdings | 3,499 | 509 |
| YTD Return | -1.04% | +12.50%Best |
| 1Y Return | -0.61% | +17.58%Best |
| 3Y Return (annualized) | +4.60% | +21.27%Best |
| 5Y Return (annualized) | +0.15% | +12.95%Best |
| Volatility (annualized) | 5.0%Best | 14.9% |
| Max Drawdown | -17.3%Best | -34.3% |
| $10,000 over 5 years | $10,075 | $18,384Best |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Long Term Mid Quality | Large Cap Blend |
| Inception | Oct 6, 2014 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 9, 2014 to Sep 11, 2026 (11.9 years).
FBND 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.
FBND vs VOO Performance
Fidelity Total Bond ETF (FBND) is an ETF from Fidelity Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FBND returned -0.61% while VOO returned +17.58%. Year to date, FBND is down 1.04% versus a gain of 12.50% for VOO.
Over three years, FBND compounded at +4.60% per year against +21.27% for VOO; over five years the annualized figures are +0.15% and +12.95% respectively. Across the full 12-year window we track, VOO has the edge at +13.01% annualized vs +0.88%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 5.0% for FBND. 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 -17.3% for FBND and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.51. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FBND charges 0.36% per year while VOO charges 0.03%. On a $10,000 position that is $36 vs $3 annually, a gap of $33 per year that compounds over a long holding period. On income, FBND currently yields 5.16% against 1.04% for VOO.
Holdings Overlap
At least 0.1% of VOO's money is in holdings FBND also owns.
Stated as a floor: for FBND, our book for it covers 33.5% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 314 positions we hold weights for in FBND and 505 in VOO, against full books of 3,499 and 509.
Top Shared Holdings
| Stock | Weight in FBND | Weight in VOO | Difference |
|---|---|---|---|
| TMUST-Mobile Usa, Inc. 3.875% 15-Apr-2030 | 0.15% | 0.12% | 0.03% |
You are not choosing between two funds in isolation.
Whichever of FBND 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, FBND or VOO?
FBND has an expense ratio of 0.36% while VOO charges 0.03%. VOO is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, FBND or VOO?
Over the past year FBND returned -0.61% vs +17.58% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (12 years), FBND annualized +0.88% vs +13.01% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FBND or VOO?
VOO has been the more volatile fund at 14.9% annualized versus 5.0% for FBND. Worst drawdown: FBND -17.3% vs VOO -34.3%.
Should I hold both FBND and VOO?
FBND and VOO have a monthly-return correlation of 0.51, 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, FBND or VOO?
FBND yields 5.16% while VOO yields 1.04%, so FBND currently pays the higher dividend yield.
Is VOO better than FBND?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.