FWD vs VOO

FWD vs VOO

Which is better, FWD or VOO?

FWD has been ahead.

VOO has a lower expense ratio. FWD led over 1Y, 3Y and the full window. FWD is less concentrated, with 24.8% of the fund in its ten largest positions against 36.4%.

Lower Fees: VOOHigher Returns: FWDLess Concentrated: FWD

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

MetricFWDVOO
Expense Ratio0.65%0.03%Best
AUM$3.2B$997.4B
Dividend Yield0.09%1.08%
Holdings125509
YTD Return+20.52%Best+13.37%
1Y Return+38.47%Best+20.08%
3Y Return (annualized)+31.68%Best+21.29%
5Y Return (annualized)-+12.89%
Volatility (annualized)24.0%12.4%Best
Max Drawdown-29.0%-18.7%Best
$10,000 over 3.5 years$26,762Best$20,709
Top 10 Weight24.8%Best36.4%
Fund FamilyAllianceBernstein L.P.Vanguard (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionMar 22, 2023Sep 7, 2010

Volatility and max drawdown, and the $10,000 over 3.5 years row, are measured over the window both funds cover: Mar 22, 2023 to Sep 4, 2026 (3.5 years).

FWD 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 3.5 years both funds cover.

FWD vs VOO Performance

AB Disruptors ETF (FWD) is an ETF from AllianceBernstein L.P. and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year FWD returned +38.47% while VOO returned +20.08%. Year to date, FWD is up 20.52% versus a gain of 13.37% for VOO.

Over three years, FWD compounded at +31.68% per year against +21.29% for VOO. Across the full 4-year window we track, FWD has the edge at +32.48% annualized vs +23.12%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

FWD has been the more volatile fund, with annualized monthly volatility of 24.0% compared with 12.4% 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 -29.0% for FWD 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 0.83. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

FWD charges 0.65% per year while VOO charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, FWD currently yields 0.09% against 1.08% for VOO.

Holdings Overlap

FWD already in VOO59.6%
VOO already in FWD40.3%

59.6% of FWD's money is in holdings VOO also owns. 40.3% of VOO's money is in holdings FWD also owns.

The two portfolios partly overlap.

56 positions in common, counted across the 106 positions we hold weights for in FWD and 505 in VOO, against full books of 125 and 509.

What only one of them owns

Our book lists 441 positions for VOO that do not appear in our book for FWD (59.1% of the fund), and 22 for FWD that do not appear in VOO (13.9%).

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

StockWeight in FWDWeight in VOODifference
NVDANvidia Corp.4.11%7.51%3.40%
MSFTMicrosoft Corp 4.100 Feb 06 372.74%4.30%1.56%
AMZNAmazon.Com Inc2.75%3.62%0.87%
GOOGLAlphabet Inc.Class A2.49%3.25%0.76%
AVGOBroadcom Inc2.71%2.77%0.06%
AMDAdvanced Micro Devices Inc1.92%1.47%0.45%
AMATApplied Materials, Inc.2.14%0.89%1.25%
LRCXLrcx Uw Equity1.92%0.84%1.08%
TSLATesla Motors Inc0.73%1.84%1.11%
MUMicron Technology, Inc.0.49%2.02%1.53%

59.6% of FWD 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.

FWDVOO

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Frequently Asked Questions

Which is cheaper, FWD or VOO?

FWD has an expense ratio of 0.65% while VOO charges 0.03%. VOO is the cheaper option, by $62 a year on a $10,000 investment.

Which performed better, FWD or VOO?

Over the past year FWD returned +38.47% vs +20.08% for VOO, so FWD leads on 1-year performance. Over the longest common window we track (4 years), FWD annualized +32.48% vs +23.12% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, FWD or VOO?

FWD has been the more volatile fund at 24.0% annualized versus 12.4% for VOO. Worst drawdown: FWD -29.0% vs VOO -18.7%.

Should I hold both FWD and VOO?

FWD and VOO have a monthly-return correlation of 0.83, 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 FWD and VOO?

59.6% of FWD's money is in holdings VOO also owns. 40.3% of VOO's is in holdings FWD also owns. They hold 56 positions in common, counted across the 106 positions we hold weights for in FWD and 505 in VOO.

Which pays a higher dividend, FWD or VOO?

FWD yields 0.09% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.

Is VOO better than FWD?

VOO has a lower expense ratio. FWD led over 1Y, 3Y and the full window. FWD is less concentrated, with 24.8% 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.