FUTY vs VOO

FUTY vs VOO
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Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricFUTYVOOWinner
Expense Ratio0.08%0.03%
AUM$2.3B$997.4B
Dividend Yield2.65%1.08%
Holdings65509
YTD Return+2.53%+12.25%
1Y Return+4.49%+20.92%
3Y Return (annualized)+15.04%+21.79%
5Y Return (annualized)+7.76%+13.05%
Volatility (annualized)14.7%14.1%
Max Drawdown-37.1%-34.3%
Fund FamilyFidelity Investments (US)Vanguard (US)
CategoryEquityEquity
InceptionOct 21, 2013Sep 7, 2010

FUTY vs VOO Performance

Fidelity MSCI Utilities Index ETF (FUTY) is a ETF from Fidelity Investments (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year FUTY returned +4.49% while VOO returned +20.92%. Year to date, FUTY is up 2.53% versus a gain of 12.25% for VOO.

Over three years, FUTY compounded at +15.04% per year against +21.79% for VOO; over five years the annualized figures are +7.76% and +13.05% respectively. Across the full 13-year window we track, VOO has the edge at +13.45% annualized vs +7.84%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

FUTY has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 14.1% for VOO. 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 -37.1% for FUTY and -34.3% for VOO. 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 0.47. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

FUTY charges 0.08% per year while VOO charges 0.03%. On a $10,000 position that is $8 vs $3 annually, a gap of $5 per year that compounds over a long holding period. On income, FUTY currently yields 2.65% against 1.08% for VOO.

Holdings Overlap

2.2%overlap

FUTY and VOO share 31 holdings out of 537 unique holdings combined, representing a 2.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in FUTYWeight in VOODifference
NEE11.71%0.28%11.43%
SO6.95%0.17%6.78%
DUK6.40%0.15%6.25%
CEGProProPro
AEPProProPro
DProProPro
SREProProPro
ETRProProPro
XELProProPro
VSTProProPro
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Frequently Asked Questions

Which is cheaper, FUTY or VOO?

FUTY has an expense ratio of 0.08% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $5 per year of difference.

Which performed better, FUTY or VOO?

Over the past year FUTY returned +4.49% vs +20.92% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (13 years), FUTY annualized +7.84% vs +13.45% for VOO. Past performance does not guarantee future results.

Which is riskier, FUTY or VOO?

FUTY has been the more volatile fund at 14.7% annualized versus 14.1% for VOO. Worst drawdown: FUTY -37.1% vs VOO -34.3%.

Should I hold both FUTY and VOO?

FUTY and VOO have a monthly-return correlation of 0.47, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between FUTY and VOO?

FUTY and VOO share 31 common holdings with a 2.2% weight overlap. Combined, they hold 537 unique securities.

Which pays a higher dividend, FUTY or VOO?

FUTY yields 2.65% while VOO yields 1.08%, so FUTY currently pays the higher dividend yield.

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