FEMV vs VOO
Fidelity Enhanced Mid Cap Value ETF vs Vanguard S&P 500 ETF
Which is better, FEMV or VOO?
Mid Cap Value against Large Cap Blend.
VOO has a lower expense ratio. FEMV is less concentrated, with 10.1% of the fund in its ten largest positions against 37.6%.
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 | FEMV | VOO |
|---|---|---|
| Expense Ratio | 0.23% | 0.03%Best |
| AUM | $7M | $1.0T |
| Dividend Yield | 0.25% | 1.04% |
| Holdings | 262 | 506 |
| YTD Return | +6.68% | +13.59%Best |
| 1Y Return | - | +16.33% |
| 3Y Return (annualized) | - | +23.81% |
| 5Y Return (annualized) | - | +14.02% |
| Top 10 Weight | 10.1%Best | 37.6% |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Apr 28, 2026 | Sep 7, 2010 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
FEMV 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FEMV vs VOO Performance
Fidelity Enhanced Mid Cap Value ETF (FEMV) is an ETF from Fidelity Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Year to date, FEMV is up 6.68% versus a gain of 13.59% for VOO.
Past performance does not guarantee future results.
Fees and Cost Over Time
FEMV charges 0.23% per year while VOO charges 0.03%. On a $10,000 position that is $23 vs $3 annually, a gap of $20 per year that compounds over a long holding period. On income, FEMV currently yields 0.25% against 1.04% for VOO.
Holdings Overlap
60.3% of FEMV's money is in holdings VOO also owns. 7.3% of VOO's money is in holdings FEMV also owns.
The two portfolios partly overlap.
The two holdings books were reported 46 days apart, FEMV as of Sep 15, 2026 and VOO as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
133 positions in common, counted across the 261 positions we hold weights for in FEMV and 494 in VOO, against full books of 262 and 506.
What only one of them owns
Our book lists 356 positions for VOO that do not appear in our book for FEMV (91.9% of the fund), and 118 for FEMV 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 FEMV | Weight in VOO | Difference |
|---|---|---|---|
| MPCMarathon Petroleum Corp | 1.10% | 0.14% | 0.96% |
| HPEHewlett Packard Enterprise Co | 1.08% | 0.10% | 0.98% |
| NUENucor Corp. | 1.07% | 0.09% | 0.98% |
| STTState Street Corp. | 1.04% | 0.08% | 0.96% |
| DLRDigital Realty Trust Inc. | 1.00% | 0.10% | 0.90% |
| AMEAmetek Inc | 0.98% | 0.09% | 0.89% |
| KMIKinder Morgan Inc./de | 0.97% | 0.10% | 0.87% |
| PSXPhillips 66 | 0.94% | 0.13% | 0.81% |
| CTVACorteva Inc Ctva | 0.98% | 0.08% | 0.90% |
| ALLAllstate Corp. | 0.93% | 0.11% | 0.82% |
60.3% of FEMV 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, FEMV or VOO?
FEMV has an expense ratio of 0.23% while VOO charges 0.03%. VOO is the cheaper option, by $20 a year on a $10,000 investment.
What is the holdings overlap between FEMV and VOO?
60.3% of FEMV's money is in holdings VOO also owns. 7.3% of VOO's is in holdings FEMV also owns. They hold 133 positions in common, counted across the 261 positions we hold weights for in FEMV and 494 in VOO.
Which pays a higher dividend, FEMV or VOO?
FEMV yields 0.25% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than FEMV?
VOO has a lower expense ratio. FEMV is less concentrated, with 10.1% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.