FLTB vs VOO
Fidelity Limited Term Bond ETF vs Vanguard S&P 500 ETF
Which is better, FLTB or VOO?
Short Term Bond against Large Cap Blend.
VOO has a lower expense ratio. FLTB led over the full window, VOO over 1Y, 3Y and 5Y.
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 | FLTB | VOO |
|---|---|---|
| Expense Ratio | 0.25% | 0.03%Best |
| AUM | $433M | $997.4B |
| Dividend Yield | 4.79% | 1.04% |
| Holdings | 1,056 | 509 |
| YTD Return | +0.50% | +12.25%Best |
| 1Y Return | +1.57% | +17.03%Best |
| 3Y Return (annualized) | +5.36% | +21.25%Best |
| 5Y Return (annualized) | +2.19% | +13.08%Best |
| Volatility (annualized) | 154.4% | 14.1%Best |
| Max Drawdown | -55.6% | -34.3%Best |
| $10,000 over 5 years | $11,144 | $18,490Best |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Short Term Bond | Large Cap Blend |
| Inception | Oct 6, 2014 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 17, 2026 (16 years).
FLTB 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 16 years both funds cover.
FLTB vs VOO Performance
Fidelity Limited Term Bond ETF (FLTB) is an ETF from Fidelity Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FLTB returned +1.57% while VOO returned +17.03%. Year to date, FLTB is up 0.50% versus a gain of 12.25% for VOO.
Over three years, FLTB compounded at +5.36% per year against +21.25% for VOO; over five years the annualized figures are +2.19% and +13.08% respectively. Across the full 16-year window we track, FLTB has the edge at +16.33% annualized vs +13.38%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLTB has been the more volatile fund, with annualized monthly volatility of 154.4% 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 -55.6% for FLTB 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 0.05. They move largely independently of each other.
Fees and Cost Over Time
FLTB charges 0.25% per year while VOO charges 0.03%. On a $10,000 position that is $25 vs $3 annually, a gap of $22 per year that compounds over a long holding period. On income, FLTB currently yields 4.79% against 1.04% for VOO.
Holdings Overlap
At least 0.6% of VOO's money is in holdings FLTB also owns.
Stated as a floor: for FLTB, our book for it covers 67.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
3 positions in common, counted across the 685 positions we hold weights for in FLTB and 494 in VOO, against full books of 1,056 and 509.
You are not choosing between two funds in isolation.
Whichever of FLTB 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, FLTB or VOO?
FLTB has an expense ratio of 0.25% while VOO charges 0.03%. VOO is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, FLTB or VOO?
Over the past year FLTB returned +1.57% vs +17.03% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), FLTB annualized +16.33% vs +13.38% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLTB or VOO?
FLTB has been the more volatile fund at 154.4% annualized versus 14.1% for VOO. Worst drawdown: FLTB -55.6% vs VOO -34.3%.
Should I hold both FLTB and VOO?
FLTB and VOO have a monthly-return correlation of 0.05, 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, FLTB or VOO?
FLTB yields 4.79% while VOO yields 1.04%, so FLTB currently pays the higher dividend yield.
Is VOO better than FLTB?
VOO has a lower expense ratio. FLTB led over the full window, VOO over 1Y, 3Y and 5Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.