FDLS vs VOO
Inspire Fidelis Multi Factor ETF vs Vanguard S&P 500 ETF
Which is better, FDLS or VOO?
Each has led over a different period.
VOO has a lower expense ratio. FDLS led over 1Y, VOO over 3Y and the full window. FDLS is less concentrated, with 13.6% of the fund in its ten largest positions against 36.4%.
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 | FDLS | VOO |
|---|---|---|
| Expense Ratio | 0.66% | 0.03%Best |
| AUM | $250M | $997.4B |
| Dividend Yield | 0.80% | 1.08% |
| Holdings | 102 | 509 |
| YTD Return | +21.46%Best | +13.37% |
| 1Y Return | +27.98%Best | +20.08% |
| 3Y Return (annualized) | +19.81% | +21.29%Best |
| 5Y Return (annualized) | - | +12.89% |
| Volatility (annualized) | 18.4% | 14.2%Best |
| Max Drawdown | -23.3% | -18.7%Best |
| $10,000 over 4 years | $18,977 | $19,606Best |
| Top 10 Weight | 13.6%Best | 36.4% |
| Fund Family | Inspire ETFs | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 23, 2022 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Aug 24, 2022 to Sep 4, 2026 (4 years).
FDLS 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 years both funds cover.
FDLS vs VOO Performance
Inspire Fidelis Multi Factor ETF (FDLS) is an ETF from Inspire ETFs and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FDLS returned +27.98% while VOO returned +20.08%. Year to date, FDLS is up 21.46% versus a gain of 13.37% for VOO.
Over three years, FDLS compounded at +19.81% per year against +21.29% for VOO. Across the full 4-year window we track, VOO has the edge at +18.33% annualized vs +17.37%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDLS has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 14.2% 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 -23.3% for FDLS 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FDLS charges 0.66% per year while VOO charges 0.03%. On a $10,000 position that is $66 vs $3 annually, a gap of $63 per year that compounds over a long holding period. On income, FDLS currently yields 0.80% against 1.08% for VOO.
Holdings Overlap
19.3% of FDLS's money is in holdings VOO also owns. 4.0% of VOO's money is in holdings FDLS also owns.
FDLS and VOO share little of their money.
The two holdings books were reported 48 days apart, FDLS as of Aug 17, 2026 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
20 positions in common, counted across the 101 positions we hold weights for in FDLS and 504 in VOO, against full books of 102 and 509.
What only one of them owns
Our book lists 475 positions for VOO that do not appear in our book for FDLS (95.4% of the fund), and 66 for FDLS that do not appear in VOO (65.8%).
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 FDLS | Weight in VOO | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 0.89% | 2.77% | 1.88% |
| VLOValero Energy Corp | 1.39% | 0.12% | 1.27% |
| APAApa Corp | 1.18% | 0.02% | 1.16% |
| EOGEog Resources Inc | 1.05% | 0.11% | 0.94% |
| SLBSlb Ltd. | 1.05% | 0.11% | 0.94% |
| JKHYJack Henry & Associates Inc. | 1.12% | 0.02% | 1.10% |
| CBOEC B O E Holdings Inc. | 1.10% | 0.04% | 1.06% |
| DVNDevon Energy Corporation 4.75 05/15/2042 | 1.06% | 0.07% | 0.99% |
| CFCf Industries Ho | 1.07% | 0.03% | 1.04% |
| ADMArcher-Daniels-Midland Co. | 1.02% | 0.06% | 0.96% |
You are not choosing between two funds in isolation.
Whichever of FDLS 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, FDLS or VOO?
FDLS has an expense ratio of 0.66% while VOO charges 0.03%. VOO is the cheaper option, by $63 a year on a $10,000 investment.
Which performed better, FDLS or VOO?
Over the past year FDLS returned +27.98% vs +20.08% for VOO, so FDLS leads on 1-year performance. Over the longest common window we track (4 years), FDLS annualized +17.37% vs +18.33% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDLS or VOO?
FDLS has been the more volatile fund at 18.4% annualized versus 14.2% for VOO. Worst drawdown: FDLS -23.3% vs VOO -18.7%.
Should I hold both FDLS and VOO?
FDLS and VOO have a monthly-return correlation of 0.80, 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 FDLS and VOO?
19.3% of FDLS's money is in holdings VOO also owns. 4.0% of VOO's is in holdings FDLS also owns. They hold 20 positions in common, counted across the 101 positions we hold weights for in FDLS and 504 in VOO.
Which pays a higher dividend, FDLS or VOO?
FDLS yields 0.80% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
Is VOO better than FDLS?
VOO has a lower expense ratio. FDLS led over 1Y, VOO over 3Y and the full window. FDLS is less concentrated, with 13.6% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.