FISR vs VOO
State Street Fixed Income Sector Rotation ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | FISR | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.03% | |
| AUM | $618M | $997.4B | |
| Dividend Yield | 4.28% | 1.08% | |
| Holdings | 12 | 509 | |
| YTD Return | +0.27% | +13.20% | |
| 1Y Return | +2.52% | +21.62% | |
| 3Y Return (annualized) | +4.22% | +22.16% | |
| 5Y Return (annualized) | -1.17% | +13.42% | |
| Volatility (annualized) | 6.0% | 14.1% | |
| Max Drawdown | -21.3% | -34.3% | |
| Fund Family | State Street Investment Management | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Apr 2, 2019 | Sep 7, 2010 |
FISR vs VOO Performance
State Street Fixed Income Sector Rotation ETF (FISR) is a ETF from State Street Investment Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year FISR returned +2.52% while VOO returned +21.62%. Year to date, FISR is up 0.27% versus a gain of 13.20% for VOO.
Over three years, FISR compounded at +4.22% per year against +22.16% for VOO; over five years the annualized figures are -1.17% and +13.42% respectively. Across the full 7-year window we track, VOO has the edge at +13.51% annualized vs -0.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 6.0% for FISR. 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 -21.3% for FISR and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FISR charges 0.50% per year while VOO charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, FISR currently yields 4.28% against 1.08% for VOO.
Holdings Overlap
FISR and VOO share 0 holdings out of 514 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FISR or VOO?
FISR has an expense ratio of 0.50% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, FISR or VOO?
Over the past year FISR returned +2.52% vs +21.62% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (7 years), FISR annualized -0.01% vs +13.51% for VOO. Past performance does not guarantee future results.
Which is riskier, FISR or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 6.0% for FISR. Worst drawdown: FISR -21.3% vs VOO -34.3%.
Should I hold both FISR and VOO?
FISR and VOO have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FISR and VOO?
FISR and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 514 unique securities.
Which pays a higher dividend, FISR or VOO?
FISR yields 4.28% while VOO yields 1.08%, so FISR currently pays the higher dividend yield.
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