FIXT vs VOO
TCW Core Plus Bond ETF vs Vanguard S&P 500 ETF
Which is better, FIXT or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window.
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 | FIXT | VOO |
|---|---|---|
| Expense Ratio | 0.40% | 0.03%Best |
| AUM | $213M | $997.4B |
| Dividend Yield | 5.65% | 1.04% |
| Holdings | 595 | 509 |
| YTD Return | -1.10% | +11.98%Best |
| 1Y Return | -0.56% | +16.45%Best |
| 3Y Return (annualized) | +11.55% | +21.19%Best |
| 5Y Return (annualized) | - | +12.95% |
| Volatility (annualized) | 17.5% | 14.7%Best |
| Max Drawdown | -20.4% | -18.7%Best |
| $10,000 over 4.3 years | $16,136 | $19,773Best |
| Fund Family | TCW ETFs | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Blend |
| Inception | Jun 28, 2002 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.3 years row, are measured over the window both funds cover: Jun 1, 2022 to Sep 14, 2026 (4.3 years).
FIXT 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 4.3 years both funds cover.
FIXT vs VOO Performance
TCW Core Plus Bond ETF (FIXT) is an ETF from TCW ETFs and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FIXT returned -0.56% while VOO returned +16.45%. Year to date, FIXT is down 1.10% versus a gain of 11.98% for VOO.
Over three years, FIXT compounded at +11.55% per year against +21.19% for VOO. Across the full 4-year window we track, VOO has the edge at +17.18% annualized vs +11.77%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FIXT has been the more volatile fund, with annualized monthly volatility of 17.5% compared with 14.7% 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 -20.4% for FIXT 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FIXT charges 0.40% per year while VOO charges 0.03%. On a $10,000 position that is $40 vs $3 annually, a gap of $37 per year that compounds over a long holding period. On income, FIXT currently yields 5.65% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 229 holdings in FIXT and 494 in VOO, totalling 51.2% and 99.5% of the two funds. That is not enough of FIXT to divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 229 positions we hold weights for in FIXT and 494 in VOO, against full books of 595 and 509.
Top Shared Holdings
| Stock | Weight in FIXT | Weight in VOO | Difference |
|---|---|---|---|
| CNPCenterPoint Energy Inc 5.95 04/01/2056 | 0.14% | 0.04% | 0.10% |
You are not choosing between two funds in isolation.
Whichever of FIXT and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FIXT or VOO?
FIXT has an expense ratio of 0.40% while VOO charges 0.03%. VOO is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, FIXT or VOO?
Over the past year FIXT returned -0.56% vs +16.45% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), FIXT annualized +11.77% vs +17.18% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FIXT or VOO?
FIXT has been the more volatile fund at 17.5% annualized versus 14.7% for VOO. Worst drawdown: FIXT -20.4% vs VOO -18.7%.
Should I hold both FIXT and VOO?
FIXT and VOO have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FIXT or VOO?
FIXT yields 5.65% while VOO yields 1.04%, so FIXT currently pays the higher dividend yield.
Is VOO better than FIXT?
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.