FBUF vs VOO
Fidelity Dynamic Buffered Equity ETF vs Vanguard S&P 500 ETF
Which is better, FBUF or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 38.9%.
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 | FBUF | VOO |
|---|---|---|
| Expense Ratio | 0.48% | 0.03%Best |
| AUM | $24M | $997.4B |
| Dividend Yield | 0.57% | 1.04% |
| Holdings | 179 | 509 |
| YTD Return | +7.30% | +11.01%Best |
| 1Y Return | +11.97% | +15.60%Best |
| 3Y Return (annualized) | - | +20.82% |
| 5Y Return (annualized) | - | +12.60% |
| Volatility (annualized) | 6.9%Best | 11.9% |
| Max Drawdown | -11.1%Best | -18.7% |
| $10,000 over 2.4 years | $13,355 | $14,901Best |
| Top 10 Weight | 38.9% | 37.6%Best |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 9, 2024 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Apr 11, 2024 to Sep 16, 2026 (2.4 years).
FBUF 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 covers the 2.4 years both funds cover.
FBUF vs VOO Performance
Fidelity Dynamic Buffered Equity ETF (FBUF) is an ETF from Fidelity Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FBUF returned +11.97% while VOO returned +15.60%. Year to date, FBUF is up 7.30% versus a gain of 11.01% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 11.9% compared with 6.9% for FBUF. 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 -11.1% for FBUF and -18.7% 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FBUF charges 0.48% per year while VOO charges 0.03%. On a $10,000 position that is $48 vs $3 annually, a gap of $45 per year that compounds over a long holding period. On income, FBUF currently yields 0.57% against 1.04% for VOO.
Holdings Overlap
88.2% of FBUF's money is in holdings VOO also owns. 66.9% of VOO's money is in holdings FBUF also owns.
Most of FBUF is already inside VOO. Owning both mostly buys the same companies twice.
103 positions in common, counted across the 170 positions we hold weights for in FBUF and 494 in VOO, against full books of 179 and 509.
What only one of them owns
Our book lists 385 positions for VOO that do not appear in our book for FBUF (32.4% of the fund), and 59 for FBUF that do not appear in VOO (9.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in FBUF | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.37% | 7.55% | 0.82% |
| AAPLApple, Inc | 7.35% | 7.05% | 0.30% |
| MSFTMicrosoft Corp | 5.11% | 5.36% | 0.25% |
| AMZNAmazon.Com Inc | 4.05% | 4.13% | 0.08% |
| GOOGLAlphabet Inc,class A | 3.18% | 3.24% | 0.06% |
| AVGOBroadcom Inc | 2.75% | 2.86% | 0.11% |
| GOOGAlphabet Inc | 2.11% | 2.62% | 0.51% |
| METAMeta Platforms Inc | 2.07% | 1.90% | 0.17% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.85% | 1.46% | 0.39% |
| JPMJpmorgan Chase | 1.70% | 1.46% | 0.24% |
88.2% of FBUF is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FBUF or VOO?
FBUF has an expense ratio of 0.48% while VOO charges 0.03%. VOO is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, FBUF or VOO?
Over the past year FBUF returned +11.97% vs +15.60% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), FBUF annualized +12.81% vs +18.08% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FBUF or VOO?
VOO has been the more volatile fund at 11.9% annualized versus 6.9% for FBUF. Worst drawdown: FBUF -11.1% vs VOO -18.7%.
Should I hold both FBUF and VOO?
FBUF and VOO have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between FBUF and VOO?
88.2% of FBUF's money is in holdings VOO also owns. 66.9% of VOO's is in holdings FBUF also owns. They hold 103 positions in common, counted across the 170 positions we hold weights for in FBUF and 494 in VOO.
Which pays a higher dividend, FBUF or VOO?
FBUF yields 0.57% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than FBUF?
VOO has a lower expense ratio. VOO led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.