VFMF vs VOO
Vanguard US Multifactor ETF vs Vanguard S&P 500 ETF
Which is better, VFMF or VOO?
Mid Cap Blend against Large Cap Blend.
VOO has a lower expense ratio. VFMF led over 1Y, 3Y and 5Y, VOO over the full window. VFMF is less concentrated, with 9.3% of the fund in its ten largest positions against 37.6%.
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 | VFMF | VOO |
|---|---|---|
| Expense Ratio | 0.18% | 0.03%Best |
| AUM | $972M | $997.4B |
| Dividend Yield | 1.32% | 1.04% |
| Holdings | 655 | 509 |
| YTD Return | +20.68%Best | +11.01% |
| 1Y Return | +27.99%Best | +15.60% |
| 3Y Return (annualized) | +21.89%Best | +20.82% |
| 5Y Return (annualized) | +14.33%Best | +12.60% |
| Volatility (annualized) | 18.5% | 16.4%Best |
| Max Drawdown | -41.3% | -34.3%Best |
| $10,000 over 5 years | $19,534Best | $18,101 |
| Top 10 Weight | 9.3%Best | 37.6% |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Feb 13, 2018 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Feb 15, 2018 to Sep 16, 2026 (8.6 years).
VFMF 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 8.6 years both funds cover.
VFMF vs VOO Performance
Vanguard US Multifactor ETF (VFMF) is an ETF from Vanguard (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year VFMF returned +27.99% while VOO returned +15.60%. Year to date, VFMF is up 20.68% versus a gain of 11.01% for VOO.
Over three years, VFMF compounded at +21.89% per year against +20.82% for VOO; over five years the annualized figures are +14.33% and +12.60% respectively. Across the full 9-year window we track, VOO has the edge at +13.59% annualized vs +12.36%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VFMF has been the more volatile fund, with annualized monthly volatility of 18.5% compared with 16.4% 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 -41.3% for VFMF 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VFMF charges 0.18% per year while VOO charges 0.03%. On a $10,000 position that is $18 vs $3 annually, a gap of $15 per year that compounds over a long holding period. On income, VFMF currently yields 1.32% against 1.04% for VOO.
Holdings Overlap
46.5% of VFMF's money is in holdings VOO also owns. 42.5% of VOO's money is in holdings VFMF also owns.
The two portfolios partly overlap.
158 positions in common, counted across the 652 positions we hold weights for in VFMF and 494 in VOO, against full books of 655 and 509.
What only one of them owns
Our book lists 329 positions for VOO that do not appear in our book for VFMF (56.6% of the fund), and 468 for VFMF that do not appear in VOO (50.2%).
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.
Top Shared Holdings
| Stock | Weight in VFMF | Weight in VOO | Difference |
|---|---|---|---|
| AAPLApple, Inc | 0.35% | 7.05% | 6.70% |
| AMZNAmazon.Com Inc | 0.13% | 4.13% | 4.00% |
| GOOGLAlphabet Inc,class A | 0.45% | 3.24% | 2.79% |
| GOOGAlphabet Inc | 0.16% | 2.62% | 2.46% |
| MUMicron Technology, Inc. | 1.02% | 1.44% | 0.42% |
| JPMJpmorgan Chase | 0.38% | 1.46% | 1.08% |
| JNJJohnson & Johnson - Common | 0.84% | 0.96% | 0.12% |
| XOMExxon Mobil Corp. | 0.73% | 1.00% | 0.27% |
| ABBVAbbvie Inc. | 0.75% | 0.69% | 0.06% |
| MRKMerck & Company Inc | 0.74% | 0.50% | 0.24% |
46.5% of VFMF 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, VFMF or VOO?
VFMF has an expense ratio of 0.18% while VOO charges 0.03%. VOO is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, VFMF or VOO?
Over the past year VFMF returned +27.99% vs +15.60% for VOO, so VFMF leads on 1-year performance. Over the longest common window we track (9 years), VFMF annualized +12.36% vs +13.59% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VFMF or VOO?
VFMF has been the more volatile fund at 18.5% annualized versus 16.4% for VOO. Worst drawdown: VFMF -41.3% vs VOO -34.3%.
Should I hold both VFMF and VOO?
VFMF and VOO have a monthly-return correlation of 0.89, 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 VFMF and VOO?
46.5% of VFMF's money is in holdings VOO also owns. 42.5% of VOO's is in holdings VFMF also owns. They hold 158 positions in common, counted across the 652 positions we hold weights for in VFMF and 494 in VOO.
Which pays a higher dividend, VFMF or VOO?
VFMF yields 1.32% while VOO yields 1.04%, so VFMF currently pays the higher dividend yield.
Is VOO better than VFMF?
VOO has a lower expense ratio. VFMF led over 1Y, 3Y and 5Y, VOO over the full window. VFMF is less concentrated, with 9.3% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.