FDVV vs VTI
Fidelity High Dividend ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, FDVV or VTI?
Large Cap Value against Large Cap Blend.
VTI has a lower expense ratio. FDVV led over 5Y, VTI over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92.
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 | FDVV | VTI |
|---|---|---|
| Expense Ratio | 0.15% | 0.03%Best |
| AUM | $10.2B | $666.9B |
| Dividend Yield | 2.77% | 1.07% |
| Holdings | 100 | 3,543 |
| YTD Return | +13.62% | +13.95%Best |
| 1Y Return | +19.95% | +21.44%Best |
| 3Y Return (annualized) | +19.92% | +21.10%Best |
| 5Y Return (annualized) | +14.19%Best | +11.77% |
| Volatility (annualized) | 16.0% | 15.8%Best |
| Max Drawdown | -41.1% | -35.0%Best |
| $10,000 over 5 years | $19,415Best | $17,443 |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Sep 12, 2016 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 15, 2016 to Sep 3, 2026 (10 years).
FDVV vs VTI 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 10 years both funds cover.
FDVV vs VTI Performance
Fidelity High Dividend ETF (FDVV) is an ETF from Fidelity Investments (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year FDVV returned +19.95% while VTI returned +21.44%. Year to date, FDVV is up 13.62% versus a gain of 13.95% for VTI.
Over three years, FDVV compounded at +19.92% per year against +21.10% for VTI; over five years the annualized figures are +14.19% and +11.77% respectively. Across the full 10-year window we track, VTI has the edge at +14.14% annualized vs +11.80%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDVV has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 15.8% for VTI. 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 -41.1% for FDVV and -35.0% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FDVV charges 0.15% per year while VTI charges 0.03%. On a $10,000 position that is $15 vs $3 annually, a gap of $12 per year that compounds over a long holding period. On income, FDVV currently yields 2.77% against 1.07% for VTI.
Holdings Overlap
At least 90.5% of FDVV's money is in holdings VTI also owns.
Stated as a floor: for VTI, our book for it covers 92.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of FDVV is already inside VTI. Owning both mostly buys the same companies twice.
82 positions in common, counted across the 96 positions we hold weights for in FDVV and 2,787 in VTI, against full books of 100 and 3,543.
Top Shared Holdings
| Stock | Weight in FDVV | Weight in VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.05% | 6.32% | 0.73% |
| AAPLApple, Inc | 6.15% | 5.84% | 0.31% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.17% | 3.81% | 1.36% |
| AVGOBroadcom Inc | 3.30% | 2.46% | 0.84% |
| GOOGLAlphabet Inc.Class A | 1.93% | 2.88% | 0.95% |
| JPMJpmorgan Chase | 2.75% | 1.11% | 1.64% |
| DELLDell Technologies Inc | 2.83% | 0.17% | 2.66% |
| BACBank Of America Corp. | 1.97% | 0.50% | 1.47% |
| METAMeta Platform Inc | 0.67% | 1.70% | 1.03% |
| KOCoca Cola Co. | 1.91% | 0.38% | 1.53% |
90.5% of FDVV is already inside VTI.
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, FDVV or VTI?
FDVV has an expense ratio of 0.15% while VTI charges 0.03%. VTI is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, FDVV or VTI?
Over the past year FDVV returned +19.95% vs +21.44% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (10 years), FDVV annualized +11.80% vs +14.14% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDVV or VTI?
FDVV has been the more volatile fund at 16.0% annualized versus 15.8% for VTI. Worst drawdown: FDVV -41.1% vs VTI -35.0%.
Should I hold both FDVV and VTI?
FDVV and VTI have a monthly-return correlation of 0.92, 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 FDVV and VTI?
At least 90.5% of FDVV's money is in holdings VTI also owns. Our book for VTI is partial, so the real figure is this or higher. They hold 82 positions in common, counted across the 96 positions we hold weights for in FDVV and 2,787 in VTI.
Which pays a higher dividend, FDVV or VTI?
FDVV yields 2.77% while VTI yields 1.07%, so FDVV currently pays the higher dividend yield.
Is VTI better than FDVV?
VTI has a lower expense ratio. FDVV led over 5Y, VTI over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.