FPFD vs VTI
Fidelity Preferred Securities & Income ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, FPFD or VTI?
Allocation/Balanced against Large Cap Blend.
VTI has a lower expense ratio. VTI 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 | VTI |
|---|---|---|
| Expense Ratio | 0.59% | 0.03%Best |
| AUM | $81M | $666.9B |
| Dividend Yield | 5.83% | 1.03% |
| Holdings | 333 | 3,543 |
| YTD Return | -4.06% | +14.00%Best |
| 1Y Return | -4.59% | +16.88%Best |
| 3Y Return (annualized) | +5.31% | +22.75%Best |
| 5Y Return (annualized) | +0.21% | +12.68%Best |
| Volatility (annualized) | 8.4%Best | 15.7% |
| Max Drawdown | -20.8%Best | -25.4% |
| $10,000 over 5 years | $10,105 | $18,165Best |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Blend |
| Inception | Jun 15, 2021 | May 24, 2001 |
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 21, 2026 (5.3 years).
FPFD vs VTI 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 5.3 years both funds cover.
FPFD vs VTI Performance
Fidelity Preferred Securities & Income ETF (FPFD) is an ETF from Fidelity Investments (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year FPFD returned -4.59% while VTI returned +16.88%. Year to date, FPFD is down 4.06% versus a gain of 14.00% for VTI.
Over three years, FPFD compounded at +5.31% per year against +22.75% for VTI; over five years the annualized figures are +0.21% and +12.68% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.7% 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 -25.4% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FPFD charges 0.59% per year while VTI 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 5.83% against 1.03% for VTI.
Holdings Overlap
At least 1.3% of VTI's money is in holdings FPFD also owns.
Stated as a floor: for FPFD, our book for it covers 84.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VTI and FPFD share little of their money.
7 positions in common, counted across the 299 positions we hold weights for in FPFD and 3,463 in VTI, against full books of 333 and 3,543.
Top Shared Holdings
| Stock | Weight in FPFD | Weight in VTI | Difference |
|---|---|---|---|
| GSGoldman Sachs Group, Inc. (The), Series V | 1.39% | 0.40% | 0.99% |
| TBBAt&t Inc | 0.41% | 0.22% | 0.19% |
| CCitigroup Inc 6.875 11/73 6.88 2173-11-15 | 0.29% | 0.30% | 0.01% |
| DLRDigital Realty Trust, Inc. Pfd Ser L | 0.30% | 0.09% | 0.21% |
| MSTRStrategy Inc 9% | 0.20% | 0.04% | 0.16% |
| USBUs Bancorp | 0.09% | 0.14% | 0.05% |
| ETREntergy Louisiana Llc | 0.02% | 0.07% | 0.05% |
You are not choosing between two funds in isolation.
Whichever of FPFD and VTI 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 VTI?
FPFD has an expense ratio of 0.59% while VTI charges 0.03%. VTI is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, FPFD or VTI?
Over the past year FPFD returned -4.59% vs +16.88% for VTI, so VTI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FPFD or VTI?
VTI has been the more volatile fund at 15.7% annualized versus 8.4% for FPFD. Worst drawdown: FPFD -20.8% vs VTI -25.4%.
Should I hold both FPFD and VTI?
FPFD and VTI have a monthly-return correlation of 0.71, 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 VTI?
At least 1.3% of VTI's money is in holdings FPFD also owns. Our book for FPFD is partial, so the real figure is this or higher. They hold 7 positions in common, counted across the 299 positions we hold weights for in FPFD and 3,463 in VTI.
Which pays a higher dividend, FPFD or VTI?
FPFD yields 5.83% while VTI yields 1.03%, so FPFD currently pays the higher dividend yield.
Is VTI better than FPFD?
VTI has a lower expense ratio. VTI 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.