FLQL vs VOO
Franklin US Large Cap Multifactor Index 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 505 holdings.
Side-by-Side Comparison
| Metric | FLQL | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.03% | |
| AUM | $2.0B | $979.0B | |
| Dividend Yield | 1.05% | 1.09% | |
| Holdings | 220 | 509 | |
| YTD Return | +13.85% | +13.79% | |
| 1Y Return | +21.45% | +23.01% | |
| 3Y Return (annualized) | +22.42% | +21.78% | |
| 5Y Return (annualized) | +13.86% | +13.39% | |
| Volatility (annualized) | 15.1% | 14.1% | |
| Max Drawdown | -33.6% | -34.3% | |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 26, 2017 | Sep 7, 2010 |
FLQL vs VOO Performance
Franklin US Large Cap Multifactor Index ETF (FLQL) is a ETF from Franklin Templeton Investments (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year FLQL returned +21.45% while VOO returned +23.01%. Year to date, FLQL is up 13.85% versus a gain of 13.79% for VOO.
Over three years, FLQL compounded at +22.42% per year against +21.78% for VOO; over five years the annualized figures are +13.86% and +13.39% respectively. Across the full 9-year window we track, FLQL has the edge at +14.83% annualized vs +13.57%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLQL has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.1% 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 -33.6% for FLQL 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 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FLQL 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, FLQL currently yields 1.05% against 1.09% for VOO.
Holdings Overlap
FLQL and VOO share 9 holdings out of 512 unique holdings combined, representing a 13.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FLQL or VOO?
FLQL has an expense ratio of 0.15% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, FLQL or VOO?
Over the past year FLQL returned +21.45% vs +23.01% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (9 years), FLQL annualized +14.83% vs +13.57% for VOO. Past performance does not guarantee future results.
Which is riskier, FLQL or VOO?
FLQL has been the more volatile fund at 15.1% annualized versus 14.1% for VOO. Worst drawdown: FLQL -33.6% vs VOO -34.3%.
Should I hold both FLQL and VOO?
FLQL and VOO have a monthly-return correlation of 0.98, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between FLQL and VOO?
FLQL and VOO share 9 common holdings with a 13.1% weight overlap. Combined, they hold 512 unique securities.
Which pays a higher dividend, FLQL or VOO?
FLQL yields 1.05% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.