FCLD vs VOO
Fidelity Cloud Computing ETF vs Vanguard S&P 500 ETF
Which is better, FCLD or VOO?
Mid Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. FCLD led over 1Y and 3Y, VOO over 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 41.3%.
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 | FCLD | VOO |
|---|---|---|
| Expense Ratio | 0.39% | 0.03%Best |
| AUM | $115M | $997.4B |
| Dividend Yield | 0.01% | 1.08% |
| Holdings | 63 | 509 |
| YTD Return | +52.33%Best | +13.37% |
| 1Y Return | +59.41%Best | +20.08% |
| 3Y Return (annualized) | +30.57%Best | +21.29% |
| 5Y Return (annualized) | +12.23% | +12.89%Best |
| Volatility (annualized) | 27.0% | 15.6%Best |
| Max Drawdown | -50.9% | -24.5%Best |
| $10,000 over 5 years | $17,805 | $18,335Best |
| Top 10 Weight | 41.3% | 36.4%Best |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Oct 5, 2021 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Oct 7, 2021 to Sep 4, 2026 (4.9 years).
FCLD 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 4.9 years both funds cover.
FCLD vs VOO Performance
Fidelity Cloud Computing ETF (FCLD) is an ETF from Fidelity Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FCLD returned +59.41% while VOO returned +20.08%. Year to date, FCLD is up 52.33% versus a gain of 13.37% for VOO.
Over three years, FCLD compounded at +30.57% per year against +21.29% for VOO; over five years the annualized figures are +12.23% and +12.89% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FCLD has been the more volatile fund, with annualized monthly volatility of 27.0% compared with 15.6% for VOO. 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 -50.9% for FCLD and -24.5% 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FCLD charges 0.39% per year while VOO charges 0.03%. On a $10,000 position that is $39 vs $3 annually, a gap of $36 per year that compounds over a long holding period. On income, FCLD currently yields 0.01% against 1.08% for VOO.
Holdings Overlap
48.3% of FCLD's money is in holdings VOO also owns. 10.2% of VOO's money is in holdings FCLD also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 52 positions we hold weights for in FCLD and 505 in VOO, against full books of 63 and 509.
What only one of them owns
Our book lists 483 positions for VOO that do not appear in our book for FCLD (89.3% of the fund), and 32 for FCLD that do not appear in VOO (49.3%).
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 FCLD | Weight in VOO | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.05% | 4.30% | 0.75% |
| AMZNAmazon.Com Inc | 2.21% | 3.62% | 1.41% |
| WDCWestern Digital Corp Company Guar 11/28 3 | 4.41% | 0.34% | 4.07% |
| CRMSalesforce Inc Crm Us Equity | 4.54% | 0.20% | 4.34% |
| STXSeagate Technology Holdings Plc | 4.30% | 0.34% | 3.96% |
| NOWServicenow, Inc | 3.95% | 0.16% | 3.79% |
| DDOGDatadog Inc | 3.90% | 0.13% | 3.77% |
| EQIXEquinix Inc. Real Estate Investment Trust | 3.73% | 0.16% | 3.57% |
| SNDKSandisk Corp/De | 3.21% | 0.52% | 2.69% |
| APPAppLovin Corp. Com Cl A | 3.25% | 0.21% | 3.04% |
48.3% of FCLD 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, FCLD or VOO?
FCLD has an expense ratio of 0.39% while VOO charges 0.03%. VOO is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, FCLD or VOO?
Over the past year FCLD returned +59.41% vs +20.08% for VOO, so FCLD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FCLD or VOO?
FCLD has been the more volatile fund at 27.0% annualized versus 15.6% for VOO. Worst drawdown: FCLD -50.9% vs VOO -24.5%.
Should I hold both FCLD and VOO?
FCLD and VOO have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FCLD and VOO?
48.3% of FCLD's money is in holdings VOO also owns. 10.2% of VOO's is in holdings FCLD also owns. They hold 14 positions in common, counted across the 52 positions we hold weights for in FCLD and 505 in VOO.
Which pays a higher dividend, FCLD or VOO?
FCLD yields 0.01% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
Is VOO better than FCLD?
VOO has a lower expense ratio. FCLD led over 1Y and 3Y, VOO over 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 41.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.