TDVI vs VOO
FT Vest Technology Dividend Target Income ETF vs Vanguard S&P 500 ETF
Which is better, TDVI or VOO?
Each has led over a different period.
VOO has a lower expense ratio. TDVI led over 1Y, VOO over 3Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 50.9%.
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 | TDVI | VOO |
|---|---|---|
| Expense Ratio | 0.75% | 0.03%Best |
| AUM | $574M | $997.4B |
| Dividend Yield | 7.62% | 1.08% |
| Holdings | 97 | 509 |
| YTD Return | +16.11%Best | +12.74% |
| 1Y Return | +19.95%Best | +19.43% |
| 3Y Return (annualized) | +16.27% | +21.18%Best |
| 5Y Return (annualized) | - | +12.76% |
| Volatility (annualized) | 22.8% | 12.8%Best |
| Max Drawdown | -25.9% | -18.7%Best |
| $10,000 over 3.1 years | $16,012 | $17,937Best |
| Top 10 Weight | 50.9% | 36.4%Best |
| Fund Family | First Trust Portfolios (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 9, 2023 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Aug 10, 2023 to Sep 8, 2026 (3.1 years).
TDVI 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 3.1 years both funds cover.
TDVI vs VOO Performance
FT Vest Technology Dividend Target Income ETF (TDVI) 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 TDVI returned +19.95% while VOO returned +19.43%. Year to date, TDVI is up 16.11% versus a gain of 12.74% for VOO.
Over three years, TDVI compounded at +16.27% per year against +21.18% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TDVI has been the more volatile fund, with annualized monthly volatility of 22.8% compared with 12.8% 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 -25.9% for TDVI 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
TDVI charges 0.75% per year while VOO charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, TDVI currently yields 7.62% against 1.08% for VOO.
Holdings Overlap
76.3% of TDVI's money is in holdings VOO also owns. 13.9% of VOO's money is in holdings TDVI also owns.
Most of TDVI is already inside VOO. Owning both mostly buys the same companies twice.
33 positions in common, counted across the 93 positions we hold weights for in TDVI and 504 in VOO, against full books of 97 and 509.
What only one of them owns
Our book lists 461 positions for VOO that do not appear in our book for TDVI (85.4% of the fund), and 43 for TDVI that do not appear in VOO (9.3%).
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 TDVI | Weight in VOO | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 9.34% | 4.30% | 5.04% |
| AVGOBroadcom Inc | 8.08% | 2.77% | 5.31% |
| IBMIntl Business Machines Corp | 6.83% | 0.41% | 6.42% |
| TXNTexas Instruments, Inc | 6.62% | 0.42% | 6.20% |
| ORCLOracle Corp. | 5.30% | 0.39% | 4.91% |
| AMATApplied Materials, Inc. | 2.64% | 0.89% | 1.75% |
| ADIAnalog Devices, Inc. | 2.75% | 0.30% | 2.45% |
| QCOMQualcomm | 2.71% | 0.30% | 2.41% |
| CSCOCisco Systems Inc | 2.18% | 0.72% | 1.46% |
| MSIMotorola Solutions Inc. | 2.34% | 0.11% | 2.23% |
76.3% of TDVI 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, TDVI or VOO?
TDVI has an expense ratio of 0.75% while VOO charges 0.03%. VOO is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, TDVI or VOO?
Over the past year TDVI returned +19.95% vs +19.43% for VOO, so TDVI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TDVI or VOO?
TDVI has been the more volatile fund at 22.8% annualized versus 12.8% for VOO. Worst drawdown: TDVI -25.9% vs VOO -18.7%.
Should I hold both TDVI and VOO?
TDVI 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 TDVI and VOO?
76.3% of TDVI's money is in holdings VOO also owns. 13.9% of VOO's is in holdings TDVI also owns. They hold 33 positions in common, counted across the 93 positions we hold weights for in TDVI and 504 in VOO.
Which pays a higher dividend, TDVI or VOO?
TDVI yields 7.62% while VOO yields 1.08%, so TDVI currently pays the higher dividend yield.
Is VOO better than TDVI?
VOO has a lower expense ratio. TDVI led over 1Y, VOO over 3Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 50.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.