HDMV vs VOO
First Trust Horizon Managed Volatility Developed International ETF vs Vanguard S&P 500 ETF
Which is better, HDMV 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. HDMV is less concentrated, with 16.2% 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 | HDMV | VOO |
|---|---|---|
| Expense Ratio | 0.80% | 0.03%Best |
| AUM | $17M | $997.4B |
| Dividend Yield | 3.99% | 1.08% |
| Holdings | 316 | 509 |
| YTD Return | +10.10% | +12.74%Best |
| 1Y Return | +12.14% | +19.43%Best |
| 3Y Return (annualized) | +15.56% | +21.18%Best |
| 5Y Return (annualized) | +7.19% | +12.76%Best |
| Volatility (annualized) | 12.8%Best | 15.3% |
| Max Drawdown | -35.5% | -34.3%Best |
| $10,000 over 5 years | $14,150 | $18,230Best |
| Top 10 Weight | 16.2%Best | 36.4% |
| Fund Family | First Trust Portfolios (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Aug 24, 2016 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Aug 26, 2016 to Sep 8, 2026 (10 years).
HDMV 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 10 years both funds cover.
HDMV vs VOO Performance
First Trust Horizon Managed Volatility Developed International ETF (HDMV) 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 HDMV returned +12.14% while VOO returned +19.43%. Year to date, HDMV is up 10.10% versus a gain of 12.74% for VOO.
Over three years, HDMV compounded at +15.56% per year against +21.18% for VOO; over five years the annualized figures are +7.19% and +12.76% respectively. Across the full 10-year window we track, VOO has the edge at +14.28% annualized vs +4.62%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 12.8% for HDMV. 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 -35.5% for HDMV 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 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HDMV charges 0.80% per year while VOO charges 0.03%. On a $10,000 position that is $80 vs $3 annually, a gap of $77 per year that compounds over a long holding period. On income, HDMV currently yields 3.99% against 1.08% for VOO.
Holdings Overlap
We hold position weights for 149 holdings in HDMV and 504 in VOO, totalling 99.0% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 149 positions we hold weights for in HDMV and 504 in VOO, against full books of 316 and 509.
What only one of them owns
Our book lists 494 positions for VOO that do not appear in our book for HDMV (99.3% of the fund), and 1 for HDMV that do not appear in VOO (0.2%).
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.
You are not choosing between two funds in isolation.
Whichever of HDMV and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HDMV or VOO?
HDMV has an expense ratio of 0.80% while VOO charges 0.03%. VOO is the cheaper option, by $77 a year on a $10,000 investment.
Which performed better, HDMV or VOO?
Over the past year HDMV returned +12.14% vs +19.43% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (10 years), HDMV annualized +4.62% vs +14.28% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HDMV or VOO?
VOO has been the more volatile fund at 15.3% annualized versus 12.8% for HDMV. Worst drawdown: HDMV -35.5% vs VOO -34.3%.
Should I hold both HDMV and VOO?
HDMV and VOO have a monthly-return correlation of 0.66, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, HDMV or VOO?
HDMV yields 3.99% while VOO yields 1.08%, so HDMV currently pays the higher dividend yield.
Is VOO better than HDMV?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. HDMV is less concentrated, with 16.2% 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.