FPWR vs VOO

FPWR vs VOO

Which is better, FPWR or VOO?

Mid Cap Value against Large Cap Blend.

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window.

Lower Fees: VOOHigher Returns: VOO

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

MetricFPWRVOO
Expense Ratio0.96%0.03%Best
AUM$29M$997.4B
Dividend Yield1.94%1.04%
Holdings58509
YTD Return+4.67%+13.21%Best
1Y Return+6.53%+17.37%Best
3Y Return (annualized)+15.58%+22.66%Best
5Y Return (annualized)+10.40%+13.14%Best
Volatility (annualized)14.7%Best16.6%
Max Drawdown-32.3%Best-34.3%
$10,000 over 5 years$16,400$18,539Best
Fund FamilyFirst Trust Portfolios (US)Vanguard (US)
CategoryEquityEquity
StyleMid Cap ValueLarge Cap Blend
InceptionAug 20, 2019Sep 7, 2010

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Aug 20, 2019 to Sep 24, 2026 (7.1 years).

FPWR 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 7.1 years both funds cover.

FPWR vs VOO Performance

First Trust EIP Power Solutions ETF (FPWR) is an ETF from First Trust Portfolios (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FPWR returned +6.53% while VOO returned +17.37%. Year to date, FPWR is up 4.67% versus a gain of 13.21% for VOO.

Over three years, FPWR compounded at +15.58% per year against +22.66% for VOO; over five years the annualized figures are +10.40% and +13.14% respectively. Across the full 7-year window we track, VOO has the edge at +16.01% annualized vs +9.77%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 14.7% for FPWR. 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 -32.3% for FPWR 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 0.63. They move together some of the time, and apart the rest.

Fees and Cost Over Time

FPWR charges 0.96% per year while VOO charges 0.03%. On a $10,000 position that is $96 vs $3 annually, a gap of $93 per year that compounds over a long holding period. On income, FPWR currently yields 1.94% against 1.04% for VOO.

Holdings Overlap

VOO already in FPWR2.8%

At least 2.8% of VOO's money is in holdings FPWR also owns.

Stated as a floor: for FPWR, our book for it covers 92.0% 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 FPWR share little of their money.

34 positions in common, counted across the 58 positions we hold weights for in FPWR and 494 in VOO, against full books of 58 and 509.

Top Shared Holdings

StockWeight in FPWRWeight in VOODifference
DUKDuke Energy Corp3.42%0.15%3.27%
KMIKinder Morgan Inc./de3.09%0.10%2.99%
PPLPpl Corp (Utilities)3.13%0.04%3.09%
WECWec Energy Group Inc.2.81%0.06%2.75%
XELXcel Energy Inc.2.68%0.08%2.60%
SOSouthern Co.2.58%0.17%2.41%
ETREntergy Corp.2.37%0.08%2.29%
EVRGEvergy Inc.2.40%0.03%2.37%
PEGPublic Svc Ent Group2.08%0.06%2.02%
CMSCms Energy Corp.2.08%0.03%2.05%

You are not choosing between two funds in isolation.

Whichever of FPWR and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

FPWRVOO

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, FPWR or VOO?

FPWR has an expense ratio of 0.96% while VOO charges 0.03%. VOO is the cheaper option, by $93 a year on a $10,000 investment.

Which performed better, FPWR or VOO?

Over the past year FPWR returned +6.53% vs +17.37% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (7 years), FPWR annualized +9.77% vs +16.01% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, FPWR or VOO?

VOO has been the more volatile fund at 16.6% annualized versus 14.7% for FPWR. Worst drawdown: FPWR -32.3% vs VOO -34.3%.

Should I hold both FPWR and VOO?

FPWR and VOO have a monthly-return correlation of 0.63, 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 FPWR and VOO?

At least 2.8% of VOO's money is in holdings FPWR also owns. Our book for FPWR is partial, so the real figure is this or higher. They hold 34 positions in common, counted across the 58 positions we hold weights for in FPWR and 494 in VOO.

Which pays a higher dividend, FPWR or VOO?

FPWR yields 1.94% while VOO yields 1.04%, so FPWR currently pays the higher dividend yield.

Is VOO better than FPWR?

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.