FDRV vs VOO
Fidelity Electric Vehicles and Future Transportation ETF vs Vanguard S&P 500 ETF
Which is better, FDRV or VOO?
All Cap Blend 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 37.6% of the fund in its ten largest positions against 41.9%.
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 | FDRV | VOO |
|---|---|---|
| Expense Ratio | 0.39% | 0.03%Best |
| AUM | $26M | $997.4B |
| Dividend Yield | 1.34% | 1.04% |
| Holdings | 64 | 509 |
| YTD Return | +0.02% | +14.14%Best |
| 1Y Return | -5.04% | +17.31%Best |
| 3Y Return (annualized) | +0.19% | +23.04%Best |
| 5Y Return (annualized) | -7.94% | +13.63%Best |
| Volatility (annualized) | 29.6% | 15.6%Best |
| Max Drawdown | -63.9% | -24.5%Best |
| $10,000 over 5 years | $6,612 | $18,944Best |
| Top 10 Weight | 41.9% | 37.6%Best |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | 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 22, 2026 (5 years).
FDRV 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 5 years both funds cover.
FDRV vs VOO Performance
Fidelity Electric Vehicles and Future Transportation ETF (FDRV) is an ETF from Fidelity Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FDRV returned -5.04% while VOO returned +17.31%. Year to date, FDRV is up 0.02% versus a gain of 14.14% for VOO.
Over three years, FDRV compounded at +0.19% per year against +23.04% for VOO; over five years the annualized figures are -7.94% and +13.63% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDRV has been the more volatile fund, with annualized monthly volatility of 29.6% 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 -63.9% for FDRV 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FDRV 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, FDRV currently yields 1.34% against 1.04% for VOO.
Holdings Overlap
18.2% of FDRV's money is in holdings VOO also owns. 2.0% of VOO's money is in holdings FDRV also owns.
FDRV and VOO share little of their money.
7 positions in common, counted across the 50 positions we hold weights for in FDRV and 494 in VOO, against full books of 64 and 509.
What only one of them owns
Our book lists 480 positions for VOO that do not appear in our book for FDRV (97.1% of the fund), and 21 for FDRV that do not appear in VOO (35.5%).
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 FDRV | Weight in VOO | Difference |
|---|---|---|---|
| UBERUber Technologies Inc | 5.97% | 0.22% | 5.75% |
| TSLATesla Inc | 4.56% | 1.36% | 3.20% |
| NXPINxp Semiconductors Nv Sedol B505Pn7 | 3.80% | 0.09% | 3.71% |
| ALBAlbemarle Corp. | 1.31% | 0.02% | 1.29% |
| SWKSSkyworks Solutions Inc. | 1.24% | 0.01% | 1.23% |
| ONOn Semiconductor Corp | 0.81% | 0.05% | 0.76% |
| ADIAnalog Devices, Inc. | 0.48% | 0.28% | 0.20% |
You are not choosing between two funds in isolation.
Whichever of FDRV 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, FDRV or VOO?
FDRV 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, FDRV or VOO?
Over the past year FDRV returned -5.04% vs +17.31% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDRV or VOO?
FDRV has been the more volatile fund at 29.6% annualized versus 15.6% for VOO. Worst drawdown: FDRV -63.9% vs VOO -24.5%.
Should I hold both FDRV and VOO?
FDRV and VOO have a monthly-return correlation of 0.74, 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 FDRV and VOO?
18.2% of FDRV's money is in holdings VOO also owns. 2.0% of VOO's is in holdings FDRV also owns. They hold 7 positions in common, counted across the 50 positions we hold weights for in FDRV and 494 in VOO.
Which pays a higher dividend, FDRV or VOO?
FDRV yields 1.34% while VOO yields 1.04%, so FDRV currently pays the higher dividend yield.
Is VOO better than FDRV?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 41.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.