FLBL vs VOO
Franklin Senior Loan ETF vs Vanguard S&P 500 ETF
Which is better, FLBL or VOO?
Bank Loan against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y 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 | FLBL | VOO |
|---|---|---|
| Expense Ratio | 0.45% | 0.03%Best |
| AUM | $862M | $997.4B |
| Dividend Yield | 7.46% | 1.04% |
| Holdings | 285 | 509 |
| YTD Return | -1.84% | +11.01%Best |
| 1Y Return | -3.12% | +15.60%Best |
| 3Y Return (annualized) | +4.09% | +20.82%Best |
| 5Y Return (annualized) | +4.23% | +12.60%Best |
| Volatility (annualized) | 5.3%Best | 16.6% |
| Max Drawdown | -19.5%Best | -34.3% |
| $10,000 over 5 years | $12,302 | $18,101Best |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Bank Loan | Large Cap Blend |
| Inception | May 30, 2018 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 1, 2018 to Sep 16, 2026 (8.3 years).
FLBL 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 8.3 years both funds cover.
FLBL vs VOO Performance
Franklin Senior Loan ETF (FLBL) is an ETF from Franklin Templeton Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FLBL returned -3.12% while VOO returned +15.60%. Year to date, FLBL is down 1.84% versus a gain of 11.01% for VOO.
Over three years, FLBL compounded at +4.09% per year against +20.82% for VOO; over five years the annualized figures are +4.23% and +12.60% respectively. Across the full 8-year window we track, VOO has the edge at +14.07% annualized vs +3.95%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 5.3% for FLBL. 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 -19.5% for FLBL 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 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FLBL charges 0.45% per year while VOO charges 0.03%. On a $10,000 position that is $45 vs $3 annually, a gap of $42 per year that compounds over a long holding period. On income, FLBL currently yields 7.46% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 32 holdings in FLBL and 494 in VOO, totalling 15.5% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 32 positions we hold weights for in FLBL and 494 in VOO, against full books of 285 and 509.
You are not choosing between two funds in isolation.
Whichever of FLBL 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, FLBL or VOO?
FLBL has an expense ratio of 0.45% while VOO charges 0.03%. VOO is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, FLBL or VOO?
Over the past year FLBL returned -3.12% vs +15.60% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (8 years), FLBL annualized +3.95% vs +14.07% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLBL or VOO?
VOO has been the more volatile fund at 16.6% annualized versus 5.3% for FLBL. Worst drawdown: FLBL -19.5% vs VOO -34.3%.
Should I hold both FLBL and VOO?
FLBL and VOO have a monthly-return correlation of 0.63, 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, FLBL or VOO?
FLBL yields 7.46% while VOO yields 1.04%, so FLBL currently pays the higher dividend yield.
Is VOO better than FLBL?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.