FVD vs VOO
First Trust Value Line Dividend Index Fund vs Vanguard S&P 500 ETF
Which is better, FVD or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. FVD is less concentrated, with 4.5% of the fund in its ten largest positions against 36.4%.
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 | FVD | VOO |
|---|---|---|
| Expense Ratio | 0.62% | 0.03%Best |
| AUM | $8.2B | $997.4B |
| Dividend Yield | 2.23% | 1.08% |
| Holdings | 498 | 509 |
| YTD Return | +9.77% | +13.37%Best |
| 1Y Return | +10.92% | +20.08%Best |
| 3Y Return (annualized) | +11.67% | +21.29%Best |
| 5Y Return (annualized) | +6.47% | +12.89%Best |
| Volatility (annualized) | 12.1%Best | 14.1% |
| Max Drawdown | -35.3% | -34.3%Best |
| $10,000 over 5 years | $13,682 | $18,335Best |
| Top 10 Weight | 4.5%Best | 36.4% |
| Fund Family | First Trust Portfolios (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Aug 19, 2003 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 4, 2026 (16 years).
FVD 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 16 years both funds cover.
FVD vs VOO Performance
First Trust Value Line Dividend Index Fund (FVD) 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 FVD returned +10.92% while VOO returned +20.08%. Year to date, FVD is up 9.77% versus a gain of 13.37% for VOO.
Over three years, FVD compounded at +11.67% per year against +21.29% for VOO; over five years the annualized figures are +6.47% and +12.89% respectively. Across the full 16-year window we track, VOO has the edge at +13.48% annualized vs +9.20%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 12.1% for FVD. 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 -35.3% for FVD 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FVD charges 0.62% per year while VOO charges 0.03%. On a $10,000 position that is $62 vs $3 annually, a gap of $59 per year that compounds over a long holding period. On income, FVD currently yields 2.23% against 1.08% for VOO.
Holdings Overlap
61.0% of FVD's money is in holdings VOO also owns. 21.4% of VOO's money is in holdings FVD also owns.
The two portfolios partly overlap.
151 positions in common, counted across the 247 positions we hold weights for in FVD and 505 in VOO, against full books of 498 and 509.
What only one of them owns
Our book lists 347 positions for VOO that do not appear in our book for FVD (78.1% of the fund), and 62 for FVD that do not appear in VOO (25.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in FVD | Weight in VOO | Difference |
|---|---|---|---|
| JPMJpmorgan Chase | 0.41% | 1.26% | 0.85% |
| JNJJohnson & Johnson - Common | 0.39% | 0.95% | 0.56% |
| XOMExxon Mobil Corp. | 0.39% | 0.88% | 0.49% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.43% | 0.72% | 0.29% |
| ABBVAbbvie Inc. | 0.38% | 0.69% | 0.31% |
| BACBank of America Corp.: Financials | 0.41% | 0.58% | 0.17% |
| HDHome Depot Inc/The | 0.42% | 0.54% | 0.12% |
| PGProcter & Gamble Company | 0.40% | 0.53% | 0.13% |
| KOCoca Cola Co. | 0.41% | 0.49% | 0.08% |
| MRKMerck & Company Inc | 0.39% | 0.49% | 0.10% |
61.0% of FVD is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FVD or VOO?
FVD has an expense ratio of 0.62% while VOO charges 0.03%. VOO is the cheaper option, by $59 a year on a $10,000 investment.
Which performed better, FVD or VOO?
Over the past year FVD returned +10.92% vs +20.08% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), FVD annualized +9.20% vs +13.48% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FVD or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 12.1% for FVD. Worst drawdown: FVD -35.3% vs VOO -34.3%.
Should I hold both FVD and VOO?
FVD and VOO have a monthly-return correlation of 0.85, 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 FVD and VOO?
61.0% of FVD's money is in holdings VOO also owns. 21.4% of VOO's is in holdings FVD also owns. They hold 151 positions in common, counted across the 247 positions we hold weights for in FVD and 505 in VOO.
Which pays a higher dividend, FVD or VOO?
FVD yields 2.23% while VOO yields 1.08%, so FVD currently pays the higher dividend yield.
Is VOO better than FVD?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. FVD is less concentrated, with 4.5% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.