FTBD vs VOO
Fidelity Tactical Bond ETF vs Vanguard S&P 500 ETF
Which is better, FTBD or VOO?
Long Term High Quality against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y 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 | FTBD | VOO |
|---|---|---|
| Expense Ratio | 0.55% | 0.03%Best |
| AUM | $39M | $997.4B |
| Dividend Yield | 5.46% | 1.04% |
| Holdings | 775 | 509 |
| YTD Return | -0.44% | +12.50%Best |
| 1Y Return | -0.33% | +17.58%Best |
| 3Y Return (annualized) | +4.93% | +21.27%Best |
| 5Y Return (annualized) | - | +12.95% |
| Volatility (annualized) | 5.8%Best | 12.4% |
| Max Drawdown | -7.0%Best | -18.7% |
| $10,000 over 3.6 years | $11,358 | $19,721Best |
| Fund Family | Fidelity Investments (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Long Term High Quality | Large Cap Blend |
| Inception | Jan 24, 2023 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Jan 26, 2023 to Sep 11, 2026 (3.6 years).
FTBD 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 3.6 years both funds cover.
FTBD vs VOO Performance
Fidelity Tactical Bond ETF (FTBD) is an ETF from Fidelity Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FTBD returned -0.33% while VOO returned +17.58%. Year to date, FTBD is down 0.44% versus a gain of 12.50% for VOO.
Over three years, FTBD compounded at +4.93% per year against +21.27% for VOO. Across the full 4-year window we track, VOO has the edge at +20.76% annualized vs +3.60%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 5.8% for FTBD. 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 -7.0% for FTBD and -18.7% 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 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FTBD charges 0.55% per year while VOO charges 0.03%. On a $10,000 position that is $55 vs $3 annually, a gap of $52 per year that compounds over a long holding period. On income, FTBD currently yields 5.46% against 1.04% for VOO.
Holdings Overlap
At least 0.1% of VOO's money is in holdings FTBD also owns.
Stated as a floor: for FTBD, our book for it covers 86.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
The two holdings books were reported 212 days apart, FTBD as of Nov 30, 2025 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
2 positions in common, counted across the 618 positions we hold weights for in FTBD and 505 in VOO, against full books of 775 and 509.
You are not choosing between two funds in isolation.
Whichever of FTBD 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, FTBD or VOO?
FTBD has an expense ratio of 0.55% while VOO charges 0.03%. VOO is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, FTBD or VOO?
Over the past year FTBD returned -0.33% vs +17.58% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), FTBD annualized +3.60% vs +20.76% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FTBD or VOO?
VOO has been the more volatile fund at 12.4% annualized versus 5.8% for FTBD. Worst drawdown: FTBD -7.0% vs VOO -18.7%.
Should I hold both FTBD and VOO?
FTBD and VOO have a monthly-return correlation of 0.61, 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, FTBD or VOO?
FTBD yields 5.46% while VOO yields 1.04%, so FTBD currently pays the higher dividend yield.
Is VOO better than FTBD?
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.