UDIV vs VOO
Franklin US Core Dividend Tilt Index ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. UDIV delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | UDIV | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.03% | |
| AUM | $137M | $979.0B | |
| Dividend Yield | 1.49% | 1.09% | |
| Holdings | 293 | 509 | |
| YTD Return | +17.59% | +13.72% | |
| 1Y Return | +25.40% | +21.63% | |
| 3Y Return (annualized) | +23.86% | +21.55% | |
| 5Y Return (annualized) | +14.18% | +13.26% | |
| Volatility (annualized) | 14.4% | 14.1% | |
| Max Drawdown | -35.5% | -34.3% | |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jun 1, 2016 | Sep 7, 2010 |
UDIV vs VOO Performance
Franklin US Core Dividend Tilt Index ETF (UDIV) is a ETF from Franklin Templeton Investments (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year UDIV returned +25.40% while VOO returned +21.63%. Year to date, UDIV is up 17.59% versus a gain of 13.72% for VOO.
Over three years, UDIV compounded at +23.86% per year against +21.55% for VOO; over five years the annualized figures are +14.18% and +13.26% respectively. Across the full 10-year window we track, VOO has the edge at +13.56% annualized vs +10.36%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UDIV has been the more volatile fund, with annualized monthly volatility of 14.4% 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 -35.5% for UDIV 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
UDIV charges 0.06% per year while VOO charges 0.03%. On a $10,000 position that is $6 vs $3 annually, a gap of $3 per year that compounds over a long holding period. On income, UDIV currently yields 1.49% against 1.09% for VOO.
Holdings Overlap
UDIV and VOO share 255 holdings out of 537 unique holdings combined, representing a 73.8% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, UDIV or VOO?
UDIV has an expense ratio of 0.06% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, UDIV or VOO?
Over the past year UDIV returned +25.40% vs +21.63% for VOO, so UDIV leads on 1-year performance. Over the longest common window we track (10 years), UDIV annualized +10.36% vs +13.56% for VOO. Past performance does not guarantee future results.
Which is riskier, UDIV or VOO?
UDIV has been the more volatile fund at 14.4% annualized versus 14.1% for VOO. Worst drawdown: UDIV -35.5% vs VOO -34.3%.
Should I hold both UDIV and VOO?
UDIV and VOO have a monthly-return correlation of 0.93, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between UDIV and VOO?
UDIV and VOO share 255 common holdings with a 73.8% weight overlap. Combined, they hold 537 unique securities.
Which pays a higher dividend, UDIV or VOO?
UDIV yields 1.49% while VOO yields 1.09%, so UDIV currently pays the higher dividend yield.
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