FDIS vs VOO
Fidelity MSCI Consumer Discretionary Index ETF vs Vanguard S&P 500 ETF
Which is better, FDIS or VOO?
Large Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 56.5%.
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 | FDIS | VOO |
|---|---|---|
| Expense Ratio | 0.08% | 0.03%Best |
| AUM | $1.7B | $997.4B |
| Dividend Yield | 0.73% | 1.04% |
| Holdings | 251 | 509 |
| YTD Return | -4.64% | +13.31%Best |
| 1Y Return | -5.37% | +17.07%Best |
| 3Y Return (annualized) | +12.02% | +22.72%Best |
| 5Y Return (annualized) | +3.89% | +13.19%Best |
| Volatility (annualized) | 19.7% | 14.5%Best |
| Max Drawdown | -39.2% | -34.3%Best |
| $10,000 over 5 years | $12,102 | $18,580Best |
| Top 10 Weight | 56.5% | 37.6%Best |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Oct 21, 2013 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Oct 24, 2013 to Sep 23, 2026 (12.9 years).
FDIS 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 12.9 years both funds cover.
FDIS vs VOO Performance
Fidelity MSCI Consumer Discretionary Index ETF (FDIS) is an ETF from Fidelity Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FDIS returned -5.37% while VOO returned +17.07%. Year to date, FDIS is down 4.64% versus a gain of 13.31% for VOO.
Over three years, FDIS compounded at +12.02% per year against +22.72% for VOO; over five years the annualized figures are +3.89% and +13.19% respectively. Across the full 13-year window we track, VOO has the edge at +12.85% annualized vs +11.25%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDIS has been the more volatile fund, with annualized monthly volatility of 19.7% compared with 14.5% 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 -39.2% for FDIS 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FDIS charges 0.08% per year while VOO charges 0.03%. On a $10,000 position that is $8 vs $3 annually, a gap of $5 per year that compounds over a long holding period. On income, FDIS currently yields 0.73% against 1.04% for VOO.
Holdings Overlap
76.5% of FDIS's money is in holdings VOO also owns. 9.3% of VOO's money is in holdings FDIS also owns.
Most of FDIS is already inside VOO. Owning both mostly buys the same companies twice.
46 positions in common, counted across the 239 positions we hold weights for in FDIS and 494 in VOO, against full books of 251 and 509.
What only one of them owns
Our book lists 441 positions for VOO that do not appear in our book for FDIS (89.8% of the fund), and 187 for FDIS that do not appear in VOO (22.7%).
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 FDIS | Weight in VOO | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 22.39% | 4.13% | 18.26% |
| TSLATesla Inc | 15.43% | 1.36% | 14.07% |
| HDHome Depot Inc/The | 4.88% | 0.51% | 4.37% |
| MCDMcdonald'S Corp | 2.82% | 0.30% | 2.52% |
| BKNGBooking Holdings, Inc. | 2.37% | 0.23% | 2.14% |
| TJXTjx Cos Inc | 2.25% | 0.27% | 1.98% |
| SBUXStarbucks Corp | 1.85% | 0.19% | 1.66% |
| LOWLowes Cos., Inc. | 1.74% | 0.18% | 1.56% |
| DASHDoordash Inc - A | 1.37% | 0.12% | 1.25% |
| GMGeneral Motors Co | 1.25% | 0.12% | 1.13% |
76.5% of FDIS 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, FDIS or VOO?
FDIS has an expense ratio of 0.08% while VOO charges 0.03%. VOO is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, FDIS or VOO?
Over the past year FDIS returned -5.37% vs +17.07% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (13 years), FDIS annualized +11.25% vs +12.85% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDIS or VOO?
FDIS has been the more volatile fund at 19.7% annualized versus 14.5% for VOO. Worst drawdown: FDIS -39.2% vs VOO -34.3%.
Should I hold both FDIS and VOO?
FDIS and VOO have a monthly-return correlation of 0.90, 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 FDIS and VOO?
76.5% of FDIS's money is in holdings VOO also owns. 9.3% of VOO's is in holdings FDIS also owns. They hold 46 positions in common, counted across the 239 positions we hold weights for in FDIS and 494 in VOO.
Which pays a higher dividend, FDIS or VOO?
FDIS yields 0.73% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than FDIS?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 56.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.