FVD vs VOO
First Trust Value Line Dividend Index Fund vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | FVD | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.62% | 0.03% | |
| AUM | $8.3B | $997.4B | |
| Dividend Yield | 2.23% | 1.08% | |
| Holdings | 253 | 509 | |
| YTD Return | +11.52% | +14.27% | |
| 1Y Return | +13.30% | +21.79% | |
| 3Y Return (annualized) | +11.60% | +22.19% | |
| 5Y Return (annualized) | +6.49% | +13.28% | |
| Volatility (annualized) | 13.4% | 14.2% | |
| Max Drawdown | -54.1% | -34.3% | |
| Fund Family | First Trust Portfolios (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Aug 19, 2003 | Sep 7, 2010 |
FVD vs VOO Performance
First Trust Value Line Dividend Index Fund (FVD) is a ETF from First Trust Portfolios (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year FVD returned +13.30% while VOO returned +21.79%. Year to date, FVD is up 11.52% versus a gain of 14.27% for VOO.
Over three years, FVD compounded at +11.60% per year against +22.19% for VOO; over five years the annualized figures are +6.49% and +13.28% respectively. Across the full 16-year window we track, VOO has the edge at +13.59% annualized vs +7.11%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 13.4% 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 -54.1% for FVD 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 0.85. 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
FVD and VOO share 152 holdings out of 603 unique holdings combined, representing a 18.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $59 per year of difference.
Which performed better, FVD or VOO?
Over the past year FVD returned +13.30% vs +21.79% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), FVD annualized +7.11% vs +13.59% for VOO. Past performance does not guarantee future results.
Which is riskier, FVD or VOO?
VOO has been the more volatile fund at 14.2% annualized versus 13.4% for FVD. Worst drawdown: FVD -54.1% vs VOO -34.3%.
Should I hold both FVD and VOO?
FVD and VOO have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FVD and VOO?
FVD and VOO share 152 common holdings with a 18.4% weight overlap. Combined, they hold 603 unique securities.
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.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.