HDMV vs VOO
First Trust Horizon Managed Volatility Developed International ETF 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 | HDMV | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.80% | 0.03% | |
| AUM | $17M | $997.4B | |
| Dividend Yield | 3.99% | 1.08% | |
| Holdings | 163 | 509 | |
| YTD Return | +11.71% | +13.20% | |
| 1Y Return | +14.51% | +21.62% | |
| 3Y Return (annualized) | +16.55% | +22.16% | |
| 5Y Return (annualized) | +7.54% | +13.42% | |
| Volatility (annualized) | 12.8% | 14.1% | |
| Max Drawdown | -35.5% | -34.3% | |
| Fund Family | First Trust Portfolios (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Aug 24, 2016 | Sep 7, 2010 |
HDMV vs VOO Performance
First Trust Horizon Managed Volatility Developed International ETF (HDMV) 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 HDMV returned +14.51% while VOO returned +21.62%. Year to date, HDMV is up 11.71% versus a gain of 13.20% for VOO.
Over three years, HDMV compounded at +16.55% per year against +22.16% for VOO; over five years the annualized figures are +7.54% and +13.42% respectively. Across the full 10-year window we track, VOO has the edge at +13.51% annualized vs +4.80%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% 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 worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.66. They move independently enough that combining them can meaningfully diversify a portfolio.
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
HDMV and VOO share 0 holdings out of 654 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $77 per year of difference.
Which performed better, HDMV or VOO?
Over the past year HDMV returned +14.51% vs +21.62% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (10 years), HDMV annualized +4.80% vs +13.51% for VOO. Past performance does not guarantee future results.
Which is riskier, HDMV or VOO?
VOO has been the more volatile fund at 14.1% 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 combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HDMV and VOO?
HDMV and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 654 unique securities.
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.
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