FNG vs VOO
Leverage Shares 2X Long FN Daily ETF vs Vanguard S&P 500 ETF
Which is better, FNG or VOO?
Trading-Leveraged Equity against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y 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 | FNG | VOO |
|---|---|---|
| Expense Ratio | 0.99% | 0.03%Best |
| AUM | $5M | $997.4B |
| Dividend Yield | 0.00% | 1.04% |
| Holdings | 3 | 509 |
| YTD Return | -65.16% | +12.37%Best |
| 1Y Return | -65.16% | +16.61%Best |
| 3Y Return (annualized) | - | +21.37% |
| 5Y Return (annualized) | - | +13.49% |
| Volatility (annualized) | 35.9% | 16.0%Best |
| Max Drawdown | -82.7% | -34.3%Best |
| $10,000 over 9.2 years | $2,159 | $33,926Best |
| Fund Family | Leverage Shares | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Blend |
| Inception | Jun 16, 2026 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 9.2 years row, are measured over the window both funds cover: Jul 12, 2017 to Sep 18, 2026 (9.2 years).
FNG 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 9.2 years both funds cover.
FNG vs VOO Performance
Leverage Shares 2X Long FN Daily ETF (FNG) is an ETF from Leverage Shares and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FNG returned -65.16% while VOO returned +16.61%. Year to date, FNG is down 65.16% versus a gain of 12.37% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FNG has been the more volatile fund, with annualized monthly volatility of 35.9% compared with 16.0% 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 -82.7% for FNG 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 0.35. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FNG charges 0.99% per year while VOO charges 0.03%. On a $10,000 position that is $99 vs $3 annually, a gap of $96 per year that compounds over a long holding period. On income, FNG currently yields 0.00% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 1 holding in FNG and 494 in VOO, totalling 18.7% 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 1 positions we hold weights for in FNG and 494 in VOO, against full books of 3 and 509.
You are not choosing between two funds in isolation.
Whichever of FNG 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, FNG or VOO?
FNG has an expense ratio of 0.99% while VOO charges 0.03%. VOO is the cheaper option, by $96 a year on a $10,000 investment.
Which performed better, FNG or VOO?
Over the past year FNG returned -65.16% vs +16.61% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (9 years), FNG annualized -15.35% vs +14.20% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FNG or VOO?
FNG has been the more volatile fund at 35.9% annualized versus 16.0% for VOO. Worst drawdown: FNG -82.7% vs VOO -34.3%.
Should I hold both FNG and VOO?
FNG and VOO have a monthly-return correlation of 0.35, 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, FNG or VOO?
FNG yields 0.00% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than FNG?
VOO has a lower expense ratio. VOO led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.