FENY vs VOO
Fidelity MSCI Energy Index ETF vs Vanguard S&P 500 ETF
Which is better, FENY or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. FENY led over 1Y and 5Y, VOO over 3Y and the full window. VOO is less concentrated, with 39.1% of the fund in its ten largest positions against 68.1%.
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 | FENY | VOO |
|---|---|---|
| Expense Ratio | 0.08% | 0.03%Best |
| AUM | $2.4B | $1.0T |
| Dividend Yield | 2.05% | 1.05% |
| Holdings | 106 | 519 |
| YTD Return | +43.08%Best | +11.31% |
| 1Y Return | +45.79%Best | +13.49% |
| 3Y Return (annualized) | +18.45% | +20.46%Best |
| 5Y Return (annualized) | +21.24%Best | +11.61% |
| Volatility (annualized) | 28.8% | 14.4%Best |
| Max Drawdown | -78.9% | -34.3%Best |
| $10,000 over 5 years | $26,196Best | $17,319 |
| Top 10 Weight | 68.1% | 39.1%Best |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | 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 Nov 13, 2026 (13.1 years).
FENY 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 13.1 years both funds cover.
FENY vs VOO Performance
Fidelity MSCI Energy Index ETF (FENY) is an ETF from Fidelity Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FENY returned +45.79% while VOO returned +13.49%. Year to date, FENY is up 43.08% versus a gain of 11.31% for VOO.
Over three years, FENY compounded at +18.45% per year against +20.46% for VOO; over five years the annualized figures are +21.24% and +11.61% respectively. Across the full 13-year window we track, VOO has the edge at +12.55% annualized vs +4.27%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FENY has been the more volatile fund, with annualized monthly volatility of 28.8% compared with 14.4% 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 -78.9% for FENY 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 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FENY 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, FENY currently yields 2.05% against 1.05% for VOO.
Holdings Overlap
83.4% of FENY's money is in holdings VOO also owns. 3.4% of VOO's money is in holdings FENY also owns.
Most of FENY is already inside VOO. Owning both mostly buys the same companies twice.
21 positions in common, counted across the 103 positions we hold weights for in FENY and 506 in VOO, against full books of 106 and 519.
What only one of them owns
Our book lists 480 positions for VOO that do not appear in our book for FENY (96.6% of the fund), and 80 for FENY that do not appear in VOO (16.9%).
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 FENY | Weight in VOO | Difference |
|---|---|---|---|
| XOMExxonmobil Holdings Corp Common Stock Usd | 23.28% | 1.02% | 22.26% |
| CVXChevron Corp. | 14.86% | 0.61% | 14.25% |
| COPConocophillips Co | 6.37% | 0.23% | 6.14% |
| MPCMarathon Petroleum Corp. | 4.49% | 0.17% | 4.32% |
| VLOValero Energy Corp | 4.05% | 0.17% | 3.88% |
| PSXPhillips 66 | 3.91% | 0.15% | 3.76% |
| WMBWilliams Cos. Inc. | 3.05% | 0.13% | 2.92% |
| EOGEog Resources Inc | 3.02% | 0.11% | 2.91% |
| SLBSchlumberger Nv. | 2.75% | 0.11% | 2.64% |
| KMIKinder Morgan Inc./de | 2.23% | 0.09% | 2.14% |
83.4% of FENY 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, FENY or VOO?
FENY 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, FENY or VOO?
Over the past year FENY returned +45.79% vs +13.49% for VOO, so FENY leads on 1-year performance. Over the longest common window we track (13 years), FENY annualized +4.27% vs +12.55% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FENY or VOO?
FENY has been the more volatile fund at 28.8% annualized versus 14.4% for VOO. Worst drawdown: FENY -78.9% vs VOO -34.3%.
Should I hold both FENY and VOO?
FENY and VOO have a monthly-return correlation of 0.54, 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 FENY and VOO?
83.4% of FENY's money is in holdings VOO also owns. 3.4% of VOO's is in holdings FENY also owns. They hold 21 positions in common, counted across the 103 positions we hold weights for in FENY and 506 in VOO.
Which pays a higher dividend, FENY or VOO?
FENY yields 2.05% while VOO yields 1.05%, so FENY currently pays the higher dividend yield.
Is VOO better than FENY?
VOO has a lower expense ratio. FENY led over 1Y and 5Y, VOO over 3Y and the full window. VOO is less concentrated, with 39.1% of the fund in its ten largest positions against 68.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.