FLQL vs VOO
Franklin US Large Cap Multifactor Index ETF vs Vanguard S&P 500 ETF
Which is better, FLQL or VOO?
Nearly the same fund. VOO costs less.
VOO has a lower expense ratio. FLQL led over 5Y and the full window, VOO over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.98. FLQL is less concentrated, with 11.5% 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 | FLQL | VOO |
|---|---|---|
| Expense Ratio | 0.15% | 0.03%Best |
| AUM | $2.0B | $1.0T |
| Dividend Yield | 1.08% | 1.05% |
| Holdings | 431 | 519 |
| YTD Return | +10.13% | +12.11%Best |
| 1Y Return | +10.60% | +12.50%Best |
| 3Y Return (annualized) | +20.88% | +21.54%Best |
| 5Y Return (annualized) | +12.44%Best | +11.93% |
| Volatility (annualized) | 14.9%Best | 15.7% |
| Max Drawdown | -33.6%Best | -34.3% |
| $10,000 over 5 years | $17,972Best | $17,568 |
| Top 10 Weight | 11.5%Best | 39.1% |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 26, 2017 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Apr 28, 2017 to Nov 11, 2026 (9.5 years).
FLQL 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 9.5 years both funds cover.
FLQL vs VOO Performance
Franklin US Large Cap Multifactor Index ETF (FLQL) 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 FLQL returned +10.60% while VOO returned +12.50%. Year to date, FLQL is up 10.13% versus a gain of 12.11% for VOO.
Over three years, FLQL compounded at +20.88% per year against +21.54% for VOO; over five years the annualized figures are +12.44% and +11.93% respectively. Across the full 10-year window we track, FLQL has the edge at +14.01% annualized vs +13.90%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 14.9% for FLQL. 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 what each fund did in the worst stretch of the window measured above.
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 1.08% against 1.05% for VOO.
Holdings Overlap
67.6% of FLQL's money is in holdings VOO also owns. 3.6% of VOO's money is in holdings FLQL also owns.
The two portfolios partly overlap.
93 positions in common, counted across the 205 positions we hold weights for in FLQL and 506 in VOO, against full books of 431 and 519.
What only one of them owns
Our book lists 408 positions for VOO that do not appear in our book for FLQL (96.3% of the fund), and 107 for FLQL that do not appear in VOO (30.0%).
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 FLQL | Weight in VOO | Difference |
|---|---|---|---|
| CORCencora Inc | 1.21% | 0.09% | 1.12% |
| EXPEExpedia Group Inc. | 1.23% | 0.05% | 1.18% |
| NTAPNetapp Inc. | 1.17% | 0.06% | 1.11% |
| GRMNGarmin Ltd Common Stock | 1.16% | 0.07% | 1.09% |
| WSMWilliams-sonoma Inc | 1.17% | 0.04% | 1.13% |
| ALLAllstate Corp/the | 1.11% | 0.09% | 1.02% |
| MTDMettler-Toledo International Inc. | 1.14% | 0.05% | 1.09% |
| WATWaters Corp. | 1.10% | 0.07% | 1.03% |
| FASTFastenal Co | 1.08% | 0.09% | 0.99% |
| ULTAUlta Beauty Inc. | 1.13% | 0.04% | 1.09% |
67.6% of FLQL 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, FLQL or VOO?
FLQL 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, FLQL or VOO?
Over the past year FLQL returned +10.60% vs +12.50% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (10 years), FLQL annualized +14.01% vs +13.90% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLQL or VOO?
VOO has been the more volatile fund at 15.7% annualized versus 14.9% for FLQL. 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. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between FLQL and VOO?
67.6% of FLQL's money is in holdings VOO also owns. 3.6% of VOO's is in holdings FLQL also owns. They hold 93 positions in common, counted across the 205 positions we hold weights for in FLQL and 506 in VOO.
Which pays a higher dividend, FLQL or VOO?
FLQL yields 1.08% while VOO yields 1.05%, so FLQL currently pays the higher dividend yield.
Is VOO better than FLQL?
VOO has a lower expense ratio. FLQL led over 5Y and the full window, VOO over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.98. FLQL is less concentrated, with 11.5% 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.