FDIQ vs VOO

FDIQ vs VOO

Which is better, FDIQ or VOO?

Small Cap Value against Large Cap Blend.

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 46.3%.

Lower Fees: VOOHigher Returns: VOOLess Concentrated: VOO

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

MetricFDIQVOO
Expense Ratio0.35%0.03%Best
AUM$43M$997.4B
Dividend Yield2.01%1.04%
Holdings43509
YTD Return+15.95%Best+11.55%
1Y Return+17.28%+17.54%Best
3Y Return (annualized)+19.73%+20.71%Best
5Y Return (annualized)+7.32%+12.80%Best
Volatility (annualized)24.7%14.0%Best
Max Drawdown-55.4%-34.3%Best
$10,000 over 5 years$14,237$18,262Best
Top 10 Weight46.3%36.4%Best
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
StyleSmall Cap ValueLarge Cap Blend
InceptionNov 1, 2011Sep 7, 2010

Volatility and max drawdown are measured over the window both funds cover: Nov 1, 2011 to Sep 10, 2026 (14.9 years).

FDIQ 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 14.9 years both funds cover.

FDIQ vs VOO Performance

Invesco Bloomberg Financial Data Providers ETF (FDIQ) is an ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FDIQ returned +17.28% while VOO returned +17.54%. Year to date, FDIQ is up 15.95% versus a gain of 11.55% for VOO.

Over three years, FDIQ compounded at +19.73% per year against +20.71% for VOO; over five years the annualized figures are +7.32% and +12.80% respectively. Across the full 15-year window we track, VOO has the edge at +13.71% annualized vs +9.08%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

FDIQ has been the more volatile fund, with annualized monthly volatility of 24.7% compared with 14.0% 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 -55.4% for FDIQ 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 0.60. They move together some of the time, and apart the rest.

Fees and Cost Over Time

FDIQ charges 0.35% per year while VOO charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, FDIQ currently yields 2.01% against 1.04% for VOO.

Holdings Overlap

FDIQ already in VOO54.1%
VOO already in FDIQ0.9%

54.1% of FDIQ's money is in holdings VOO also owns. 0.9% of VOO's money is in holdings FDIQ also owns.

The two portfolios partly overlap.

13 positions in common, counted across the 30 positions we hold weights for in FDIQ and 505 in VOO, against full books of 43 and 509.

What only one of them owns

Our book lists 483 positions for VOO that do not appear in our book for FDIQ (98.6% of the fund), and 6 for FDIQ that do not appear in VOO (12.0%).

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

StockWeight in FDIQWeight in VOODifference
CBOECboe Global Markets Inc.4.97%0.04%4.93%
ICEInterContinental Hotels Group PLC Ord Gbp0.2085213034.82%0.11%4.71%
CMECme Group Inc.4.77%0.12%4.65%
NDAQNasdaq Inc.4.75%0.05%4.70%
VRSKVerisk Analytics Inc. Class A4.39%0.04%4.35%
EFXEquifax Inc.4.39%0.03%4.36%
MCOMoody'S Corp.4.23%0.11%4.12%
SPGIS&p Global Inc4.03%0.19%3.84%
BRBroadridge Financial Solutions, Inc.4.11%0.02%4.09%
MSCIMsci Inc. Class A4.07%0.06%4.01%

54.1% of FDIQ 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.

FDIQVOO

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Frequently Asked Questions

Which is cheaper, FDIQ or VOO?

FDIQ has an expense ratio of 0.35% while VOO charges 0.03%. VOO is the cheaper option, by $32 a year on a $10,000 investment.

Which performed better, FDIQ or VOO?

Over the past year FDIQ returned +17.28% vs +17.54% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (15 years), FDIQ annualized +9.08% vs +13.71% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, FDIQ or VOO?

FDIQ has been the more volatile fund at 24.7% annualized versus 14.0% for VOO. Worst drawdown: FDIQ -55.4% vs VOO -34.3%.

Should I hold both FDIQ and VOO?

FDIQ and VOO have a monthly-return correlation of 0.60, 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 FDIQ and VOO?

54.1% of FDIQ's money is in holdings VOO also owns. 0.9% of VOO's is in holdings FDIQ also owns. They hold 13 positions in common, counted across the 30 positions we hold weights for in FDIQ and 505 in VOO.

Which pays a higher dividend, FDIQ or VOO?

FDIQ yields 2.01% while VOO yields 1.04%, so FDIQ currently pays the higher dividend yield.

Is VOO better than FDIQ?

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 46.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.