FPFD vs VOO
Fidelity Preferred Securities & Income ETF vs Vanguard S&P 500 ETF
Which is better, FPFD or VOO?
Allocation/Balanced against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y 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 | FPFD | VOO |
|---|---|---|
| Expense Ratio | 0.59% | 0.03%Best |
| AUM | $81M | $997.4B |
| Dividend Yield | 5.81% | 1.08% |
| Holdings | 333 | 509 |
| YTD Return | -3.56% | +13.37%Best |
| 1Y Return | -2.45% | +20.08%Best |
| 3Y Return (annualized) | +5.53% | +21.29%Best |
| 5Y Return (annualized) | +0.38% | +12.89%Best |
| Volatility (annualized) | 8.4%Best | 15.5% |
| Max Drawdown | -20.8%Best | -24.5% |
| $10,000 over 5 years | $10,191 | $18,335Best |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Blend |
| Inception | Jun 15, 2021 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 17, 2021 to Sep 4, 2026 (5.2 years).
FPFD 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 5.2 years both funds cover.
FPFD vs VOO Performance
Fidelity Preferred Securities & Income ETF (FPFD) is an ETF from Fidelity Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FPFD returned -2.45% while VOO returned +20.08%. Year to date, FPFD is down 3.56% versus a gain of 13.37% for VOO.
Over three years, FPFD compounded at +5.53% per year against +21.29% for VOO; over five years the annualized figures are +0.38% and +12.89% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 8.4% for FPFD. 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 -20.8% for FPFD and -24.5% 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FPFD charges 0.59% per year while VOO charges 0.03%. On a $10,000 position that is $59 vs $3 annually, a gap of $56 per year that compounds over a long holding period. On income, FPFD currently yields 5.81% against 1.08% for VOO.
Holdings Overlap
At least 1.7% of VOO's money is in holdings FPFD also owns.
Stated as a floor: for FPFD, our book for it covers 76.9% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VOO and FPFD share little of their money.
6 positions in common, counted across the 253 positions we hold weights for in FPFD and 505 in VOO, against full books of 333 and 509.
Top Shared Holdings
| Stock | Weight in FPFD | Weight in VOO | Difference |
|---|---|---|---|
| GSGoldman Sachs Group, Inc. (The), Series V | 1.36% | 0.44% | 0.92% |
| BACBank Of America Corp | 0.43% | 0.58% | 0.15% |
| CCitigroup Inc 6.875 11/73 6.88 2173-11-15 | 0.28% | 0.36% | 0.08% |
| DLRDigital Realty Trust, Inc. Pfd Ser L | 0.30% | 0.09% | 0.21% |
| USBUs Bancorp | 0.09% | 0.15% | 0.06% |
| ETREntergy Louisiana Llc | 0.02% | 0.08% | 0.06% |
You are not choosing between two funds in isolation.
Whichever of FPFD 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, FPFD or VOO?
FPFD has an expense ratio of 0.59% while VOO charges 0.03%. VOO is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, FPFD or VOO?
Over the past year FPFD returned -2.45% vs +20.08% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FPFD or VOO?
VOO has been the more volatile fund at 15.5% annualized versus 8.4% for FPFD. Worst drawdown: FPFD -20.8% vs VOO -24.5%.
Should I hold both FPFD and VOO?
FPFD and VOO have a monthly-return correlation of 0.69, 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 FPFD and VOO?
At least 1.7% of VOO's money is in holdings FPFD also owns. Our book for FPFD is partial, so the real figure is this or higher. They hold 6 positions in common, counted across the 253 positions we hold weights for in FPFD and 505 in VOO.
Which pays a higher dividend, FPFD or VOO?
FPFD yields 5.81% while VOO yields 1.08%, so FPFD currently pays the higher dividend yield.
Is VOO better than FPFD?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.