FXD vs VOO
First Trust Consumer Discretionary AlphaDEX Fund vs Vanguard S&P 500 ETF
Which is better, FXD or VOO?
Mid Cap Blend against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. FXD is less concentrated, with 16.1% 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 | FXD | VOO |
|---|---|---|
| Expense Ratio | 0.60% | 0.03%Best |
| AUM | $267M | $997.4B |
| Dividend Yield | 0.60% | 1.08% |
| Holdings | 226 | 509 |
| YTD Return | -0.49% | +13.37%Best |
| 1Y Return | -1.66% | +20.08%Best |
| 3Y Return (annualized) | +9.26% | +21.29%Best |
| 5Y Return (annualized) | +3.21% | +12.89%Best |
| Volatility (annualized) | 19.8% | 14.1%Best |
| Max Drawdown | -49.5% | -34.3%Best |
| $10,000 over 5 years | $11,711 | $18,335Best |
| Top 10 Weight | 16.1%Best | 36.4% |
| Fund Family | First Trust Portfolios (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | May 8, 2007 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 4, 2026 (16 years).
FXD 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.
FXD vs VOO Performance
First Trust Consumer Discretionary AlphaDEX Fund (FXD) 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 FXD returned -1.66% while VOO returned +20.08%. Year to date, FXD is down 0.49% versus a gain of 13.37% for VOO.
Over three years, FXD compounded at +9.26% per year against +21.29% for VOO; over five years the annualized figures are +3.21% and +12.89% respectively. Across the full 16-year window we track, VOO has the edge at +13.48% annualized vs +9.81%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FXD has been the more volatile fund, with annualized monthly volatility of 19.8% 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 -49.5% for FXD 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 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FXD charges 0.60% per year while VOO charges 0.03%. On a $10,000 position that is $60 vs $3 annually, a gap of $57 per year that compounds over a long holding period. On income, FXD currently yields 0.60% against 1.08% for VOO.
Holdings Overlap
40.3% of FXD's money is in holdings VOO also owns. 8.3% of VOO's money is in holdings FXD also owns.
The two portfolios partly overlap.
49 positions in common, counted across the 112 positions we hold weights for in FXD and 505 in VOO, against full books of 226 and 509.
What only one of them owns
Our book lists 448 positions for VOO that do not appear in our book for FXD (91.2% of the fund), and 61 for FXD that do not appear in VOO (58.6%).
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 FXD | Weight in VOO | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 0.67% | 3.62% | 2.95% |
| FOXAFox Corp. Class A | 1.64% | 0.02% | 1.62% |
| LULULululemon Athletica, Inc | 1.58% | 0.02% | 1.56% |
| DALDl Co., Ltd. | 1.45% | 0.09% | 1.36% |
| UALUnited Airlines Holdings Inc. | 1.43% | 0.07% | 1.36% |
| DISWalt Disney Co | 1.23% | 0.26% | 0.97% |
| GMGeneral Motors Co | 1.35% | 0.11% | 1.24% |
| PHMPultegroup Inc. | 1.42% | 0.04% | 1.38% |
| LUVSouthwest Airlines Co. | 1.39% | 0.04% | 1.35% |
| CCLCarnival Corporation Common Stock | 1.21% | 0.06% | 1.15% |
40.3% of FXD 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, FXD or VOO?
FXD has an expense ratio of 0.60% while VOO charges 0.03%. VOO is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, FXD or VOO?
Over the past year FXD returned -1.66% vs +20.08% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), FXD annualized +9.81% vs +13.48% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FXD or VOO?
FXD has been the more volatile fund at 19.8% annualized versus 14.1% for VOO. Worst drawdown: FXD -49.5% vs VOO -34.3%.
Should I hold both FXD and VOO?
FXD and VOO have a monthly-return correlation of 0.87, 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 FXD and VOO?
40.3% of FXD's money is in holdings VOO also owns. 8.3% of VOO's is in holdings FXD also owns. They hold 49 positions in common, counted across the 112 positions we hold weights for in FXD and 505 in VOO.
Which pays a higher dividend, FXD or VOO?
FXD yields 0.60% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
Is VOO better than FXD?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. FXD is less concentrated, with 16.1% 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.