FLCB vs VOO
Franklin US Core Bond ETF vs Vanguard S&P 500 ETF
Which is better, FLCB or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. FLCB is less concentrated, with 37.8% of the fund in its ten largest positions against 39.1%.
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 | FLCB | VOO |
|---|---|---|
| Expense Ratio | 0.15% | 0.03%Best |
| AUM | $3.2B | $1.0T |
| Dividend Yield | 4.47% | 1.05% |
| Holdings | 959 | 519 |
| YTD Return | -1.14% | +12.11%Best |
| 1Y Return | -1.07% | +12.50%Best |
| 3Y Return (annualized) | +4.54% | +21.54%Best |
| 5Y Return (annualized) | -0.38% | +11.93%Best |
| Volatility (annualized) | 5.7%Best | 16.5% |
| Max Drawdown | -20.4%Best | -34.3% |
| $10,000 over 5 years | $9,811 | $17,568Best |
| Top 10 Weight | 37.8%Best | 39.1% |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Blend |
| Inception | Sep 17, 2019 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 19, 2019 to Nov 11, 2026 (7.1 years).
FLCB 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FLCB vs VOO Performance
Franklin US Core Bond ETF (FLCB) 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 FLCB returned -1.07% while VOO returned +12.50%. Year to date, FLCB is down 1.14% versus a gain of 12.11% for VOO.
Over three years, FLCB compounded at +4.54% per year against +21.54% for VOO; over five years the annualized figures are -0.38% and +11.93% respectively. Across the full 7-year window we track, VOO has the edge at +15.13% annualized vs +0.08%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 5.7% for FLCB. 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 FLCB 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 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FLCB charges 0.15% per year while VOO charges 0.03%. On a $10,000 position that is $15 vs $3 annually, a gap of $12 per year that compounds over a long holding period. On income, FLCB currently yields 4.47% against 1.05% for VOO.
Holdings Overlap
96.1% of FLCB's money is in holdings VOO also owns. 84.7% of VOO's money is in holdings FLCB also owns.
Most of FLCB is already inside VOO. Owning both mostly buys the same companies twice.
256 positions in common, counted across the 285 positions we hold weights for in FLCB and 506 in VOO, against full books of 959 and 519.
What only one of them owns
Our book lists 246 positions for VOO that do not appear in our book for FLCB (15.4% of the fund), and 23 for FLCB that do not appear in VOO (2.1%).
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 FLCB | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.25% | 8.39% | 1.14% |
| AAPLApple Inc | 7.36% | 7.38% | 0.02% |
| MSFTMicrosoft Corp | 6.21% | 5.78% | 0.43% |
| AMZNAmazon.Com Inc | 3.73% | 3.71% | 0.02% |
| GOOGLAlphabet Inc | 2.98% | 3.07% | 0.09% |
| AVGOBroadcom Inc | 2.63% | 2.54% | 0.09% |
| GOOGAlphabet Inc. C | 2.37% | 2.45% | 0.08% |
| METAMeta Platforms Inc | 2.20% | 2.43% | 0.23% |
| MUMicron Technology, Inc. | 1.51% | 1.83% | 0.32% |
| TSLATesla Inc | 1.56% | 1.52% | 0.04% |
96.1% of FLCB 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, FLCB or VOO?
FLCB has an expense ratio of 0.15% while VOO charges 0.03%. VOO is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, FLCB or VOO?
Over the past year FLCB returned -1.07% vs +12.50% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (7 years), FLCB annualized +0.08% vs +15.13% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLCB or VOO?
VOO has been the more volatile fund at 16.5% annualized versus 5.7% for FLCB. Worst drawdown: FLCB -20.4% vs VOO -34.3%.
Should I hold both FLCB and VOO?
FLCB and VOO have a monthly-return correlation of 0.52, 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 FLCB and VOO?
96.1% of FLCB's money is in holdings VOO also owns. 84.7% of VOO's is in holdings FLCB also owns. They hold 256 positions in common, counted across the 285 positions we hold weights for in FLCB and 506 in VOO.
Which pays a higher dividend, FLCB or VOO?
FLCB yields 4.47% while VOO yields 1.05%, so FLCB currently pays the higher dividend yield.
Is VOO better than FLCB?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. FLCB is less concentrated, with 37.8% of the fund in its ten largest positions against 39.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.