FTMA vs VOO
Franklin Massachusetts Municipal Income ETF vs Vanguard S&P 500 ETF
Which is better, FTMA or VOO?
Municipal Massachusetts against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y 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 | FTMA | VOO |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $277M | $1.0T |
| Dividend Yield | 3.35% | 1.05% |
| Holdings | 429 | 519 |
| YTD Return | -0.27% | +11.31%Best |
| 1Y Return | +0.23% | +13.49%Best |
| 3Y Return (annualized) | - | +20.46% |
| 5Y Return (annualized) | - | +11.61% |
| Volatility (annualized) | 6.0%Best | 13.4% |
| Max Drawdown | -6.8%Best | -8.9% |
| $10,000 over 1 years | $10,018 | $11,186Best |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Municipal Massachusetts | Large Cap Blend |
| Inception | Oct 23, 1989 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Nov 10, 2025 to Nov 13, 2026 (1 years).
FTMA 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 1 years both funds cover.
FTMA vs VOO Performance
Franklin Massachusetts Municipal Income ETF (FTMA) is an ETF from Franklin Templeton Investments (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FTMA returned +0.23% while VOO returned +13.49%. Year to date, FTMA is down 0.27% versus a gain of 11.31% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 13.4% compared with 6.0% for FTMA. 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 -6.8% for FTMA and -8.9% 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 0.27. They move largely independently of each other.
Fees and Cost Over Time
FTMA charges 0.35% per year while VOO charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, FTMA currently yields 3.35% against 1.05% for VOO.
Holdings Overlap
We hold position weights for 26 holdings in FTMA and 506 in VOO, totalling 16.8% and 100.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 26 positions we hold weights for in FTMA and 506 in VOO, against full books of 429 and 519.
You are not choosing between two funds in isolation.
Whichever of FTMA 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, FTMA or VOO?
FTMA has an expense ratio of 0.35% while VOO charges 0.03%. VOO is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, FTMA or VOO?
Over the past year FTMA returned +0.23% vs +13.49% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), FTMA annualized +0.18% vs +11.86% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FTMA or VOO?
VOO has been the more volatile fund at 13.4% annualized versus 6.0% for FTMA. Worst drawdown: FTMA -6.8% vs VOO -8.9%.
Should I hold both FTMA and VOO?
FTMA and VOO have a monthly-return correlation of 0.27, 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, FTMA or VOO?
FTMA yields 3.35% while VOO yields 1.05%, so FTMA currently pays the higher dividend yield.
Is VOO better than FTMA?
VOO has a lower expense ratio. VOO led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.