FXD vs VOO
First Trust Consumer Discretionary AlphaDEX 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 | FXD | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.03% | |
| AUM | $273M | $997.4B | |
| Dividend Yield | 0.60% | 1.08% | |
| Holdings | 113 | 509 | |
| YTD Return | +2.97% | +14.27% | |
| 1Y Return | +6.54% | +21.79% | |
| 3Y Return (annualized) | +9.66% | +22.19% | |
| 5Y Return (annualized) | +3.52% | +13.28% | |
| Volatility (annualized) | 22.4% | 14.2% | |
| Max Drawdown | -65.7% | -34.3% | |
| Fund Family | First Trust Portfolios (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | May 8, 2007 | Sep 7, 2010 |
FXD vs VOO Performance
First Trust Consumer Discretionary AlphaDEX Fund (FXD) 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 FXD returned +6.54% while VOO returned +21.79%. Year to date, FXD is up 2.97% versus a gain of 14.27% for VOO.
Over three years, FXD compounded at +9.66% per year against +22.19% for VOO; over five years the annualized figures are +3.52% and +13.28% respectively. Across the full 16-year window we track, VOO has the edge at +13.59% annualized vs +7.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FXD has been the more volatile fund, with annualized monthly volatility of 22.4% compared with 14.2% 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 -65.7% for FXD 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 0.87. 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
FXD and VOO share 49 holdings out of 568 unique holdings combined, representing a 4.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $57 per year of difference.
Which performed better, FXD or VOO?
Over the past year FXD returned +6.54% vs +21.79% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), FXD annualized +7.02% vs +13.59% for VOO. Past performance does not guarantee future results.
Which is riskier, FXD or VOO?
FXD has been the more volatile fund at 22.4% annualized versus 14.2% for VOO. Worst drawdown: FXD -65.7% vs VOO -34.3%.
Should I hold both FXD and VOO?
FXD and VOO have a monthly-return correlation of 0.87, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FXD and VOO?
FXD and VOO share 49 common holdings with a 4.5% weight overlap. Combined, they hold 568 unique securities.
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.
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