FFLV vs VOO
Fidelity Fundamental Large Cap Value ETF vs Vanguard S&P 500 ETF
Which is better, FFLV or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. FFLV led over 1Y, VOO over the full window. FFLV is less concentrated, with 33.5% 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 | FFLV | VOO |
|---|---|---|
| Expense Ratio | 0.38% | 0.03%Best |
| AUM | $16M | $997.4B |
| Dividend Yield | 1.34% | 1.04% |
| Holdings | 114 | 509 |
| YTD Return | +13.00% | +13.21%Best |
| 1Y Return | +20.74%Best | +17.37% |
| 3Y Return (annualized) | - | +22.66% |
| 5Y Return (annualized) | - | +13.14% |
| Volatility (annualized) | 12.5% | 12.0%Best |
| Max Drawdown | -16.7%Best | -18.7% |
| $10,000 over 2.6 years | $14,288 | $15,750Best |
| Top 10 Weight | 33.5%Best | 37.6% |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Feb 9, 2024 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 26, 2024 to Sep 24, 2026 (2.6 years).
FFLV 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 2.6 years both funds cover.
FFLV vs VOO Performance
Fidelity Fundamental Large Cap Value ETF (FFLV) is an ETF from Fidelity Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FFLV returned +20.74% while VOO returned +17.37%. Year to date, FFLV is up 13.00% versus a gain of 13.21% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FFLV has been the more volatile fund, with annualized monthly volatility of 12.5% compared with 12.0% 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 -16.7% for FFLV 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 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FFLV charges 0.38% per year while VOO charges 0.03%. On a $10,000 position that is $38 vs $3 annually, a gap of $35 per year that compounds over a long holding period. On income, FFLV currently yields 1.34% against 1.04% for VOO.
Holdings Overlap
79.4% of FFLV's money is in holdings VOO also owns. 37.5% of VOO's money is in holdings FFLV also owns.
Most of FFLV is already inside VOO. Owning both mostly buys the same companies twice.
76 positions in common, counted across the 111 positions we hold weights for in FFLV and 494 in VOO, against full books of 114 and 509.
What only one of them owns
Our book lists 413 positions for VOO that do not appear in our book for FFLV (61.8% of the fund), and 24 for FFLV that do not appear in VOO (13.0%).
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 FFLV | Weight in VOO | Difference |
|---|---|---|---|
| AAPLApple, Inc | 4.86% | 7.05% | 2.19% |
| AMZNAmazon.Com Inc | 6.96% | 4.13% | 2.83% |
| MSFTMicrosoft Corp | 4.87% | 5.36% | 0.49% |
| XOMExxon Mobil Corp. | 3.92% | 1.00% | 2.92% |
| GOOGLAlphabet Inc,class A | 0.76% | 3.24% | 2.48% |
| WFCWells Fargo & Co. | 2.47% | 0.41% | 2.06% |
| BACBank Of America Corp. | 2.25% | 0.63% | 1.62% |
| MRKMerck & Company Inc | 2.33% | 0.50% | 1.83% |
| JNJJohnson & Johnson - Common | 1.81% | 0.96% | 0.85% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.89% | 0.71% | 1.18% |
79.4% of FFLV 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, FFLV or VOO?
FFLV has an expense ratio of 0.38% while VOO charges 0.03%. VOO is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, FFLV or VOO?
Over the past year FFLV returned +20.74% vs +17.37% for VOO, so FFLV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FFLV or VOO?
FFLV has been the more volatile fund at 12.5% annualized versus 12.0% for VOO. Worst drawdown: FFLV -16.7% vs VOO -18.7%.
Should I hold both FFLV and VOO?
FFLV and VOO have a monthly-return correlation of 0.64, 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 FFLV and VOO?
79.4% of FFLV's money is in holdings VOO also owns. 37.5% of VOO's is in holdings FFLV also owns. They hold 76 positions in common, counted across the 111 positions we hold weights for in FFLV and 494 in VOO.
Which pays a higher dividend, FFLV or VOO?
FFLV yields 1.34% while VOO yields 1.04%, so FFLV currently pays the higher dividend yield.
Is VOO better than FFLV?
VOO has a lower expense ratio. FFLV led over 1Y, VOO over the full window. FFLV is less concentrated, with 33.5% 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.