FPRO vs VXUS

Quick Verdict

VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 8,747 holdings.

Lower Fees: VXUSHigher Returns: VXUSMore Diversified: VXUS

Side-by-Side Comparison

MetricFPROVXUSWinner
Expense Ratio0.57%0.05%
AUM$17M$158.1B
Dividend Yield2.45%2.59%
Holdings438,747
YTD Return+14.67%+15.22%
1Y Return+14.42%+26.86%
3Y Return (annualized)+10.36%+20.34%
5Y Return (annualized)+2.57%+9.38%
Volatility (annualized)18.7%15.1%
Max Drawdown-32.8%-39.9%
Fund FamilyFidelity Investments (US)Vanguard (US)
CategoryEquityEquity
InceptionFeb 2, 2021Jan 26, 2011

FPRO vs VXUS Performance

Fidelity Real Estate Investment ETF (FPRO) is a ETF from Fidelity Investments (US) and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year FPRO returned +14.42% while VXUS returned +26.86%. Year to date, FPRO is up 14.67% versus a gain of 15.22% for VXUS.

Over three years, FPRO compounded at +10.36% per year against +20.34% for VXUS; over five years the annualized figures are +2.57% and +9.38% respectively. Across the full 6-year window we track, FPRO has the edge at +6.67% annualized vs +4.89%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

FPRO has been the more volatile fund, with annualized monthly volatility of 18.7% compared with 15.1% for VXUS. 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 -32.8% for FPRO and -39.9% for VXUS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

FPRO charges 0.57% per year while VXUS charges 0.05%. On a $10,000 position that is $57 vs $5 annually, a gap of $52 per year that compounds over a long holding period. On income, FPRO currently yields 2.45% against 2.59% for VXUS.

Holdings Overlap

0.1%overlap

FPRO and VXUS share 1 holdings out of 7911 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in FPROWeight in VXUSDifference
IRM2.32%0.05%2.27%

Frequently Asked Questions

Which is cheaper, FPRO or VXUS?

FPRO has an expense ratio of 0.57% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $52 per year of difference.

Which performed better, FPRO or VXUS?

Over the past year FPRO returned +14.42% vs +26.86% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (6 years), FPRO annualized +6.67% vs +4.89% for VXUS. Past performance does not guarantee future results.

Which is riskier, FPRO or VXUS?

FPRO has been the more volatile fund at 18.7% annualized versus 15.1% for VXUS. Worst drawdown: FPRO -32.8% vs VXUS -39.9%.

Should I hold both FPRO and VXUS?

FPRO and VXUS have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between FPRO and VXUS?

FPRO and VXUS share 1 common holdings with a 0.1% weight overlap. Combined, they hold 7911 unique securities.

Which pays a higher dividend, FPRO or VXUS?

FPRO yields 2.45% while VXUS yields 2.59%, so VXUS currently pays the higher dividend yield.

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