VFMO vs VOO
Vanguard US Momentum Factor ETF vs Vanguard S&P 500 ETF
Which is better, VFMO or VOO?
Mid Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. VFMO led over 1Y, 3Y and the full window, VOO over 5Y. VFMO is less concentrated, with 8.8% 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 | VFMO | VOO |
|---|---|---|
| Expense Ratio | 0.13% | 0.03%Best |
| AUM | $1.9B | $997.4B |
| Dividend Yield | 0.62% | 1.04% |
| Holdings | 673 | 509 |
| YTD Return | +16.91%Best | +13.31% |
| 1Y Return | +18.23%Best | +17.07% |
| 3Y Return (annualized) | +27.12%Best | +22.72% |
| 5Y Return (annualized) | +12.42% | +13.19%Best |
| Volatility (annualized) | 20.2% | 16.4%Best |
| Max Drawdown | -36.8% | -34.3%Best |
| $10,000 over 5 years | $17,956 | $18,580Best |
| Top 10 Weight | 8.8%Best | 37.6% |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | 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 23, 2026 (8.6 years).
VFMO 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.
VFMO vs VOO Performance
Vanguard US Momentum Factor ETF (VFMO) is an ETF from Vanguard (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year VFMO returned +18.23% while VOO returned +17.07%. Year to date, VFMO is up 16.91% versus a gain of 13.31% for VOO.
Over three years, VFMO compounded at +27.12% per year against +22.72% for VOO; over five years the annualized figures are +12.42% and +13.19% respectively. Across the full 9-year window we track, VFMO has the edge at +14.35% annualized vs +13.83%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VFMO has been the more volatile fund, with annualized monthly volatility of 20.2% 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 -36.8% for VFMO 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 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VFMO charges 0.13% per year while VOO charges 0.03%. On a $10,000 position that is $13 vs $3 annually, a gap of $10 per year that compounds over a long holding period. On income, VFMO currently yields 0.62% against 1.04% for VOO.
Holdings Overlap
43.2% of VFMO's money is in holdings VOO also owns. 36.2% of VOO's money is in holdings VFMO also owns.
The two portfolios partly overlap.
131 positions in common, counted across the 694 positions we hold weights for in VFMO and 494 in VOO, against full books of 673 and 509.
What only one of them owns
Our book lists 357 positions for VOO that do not appear in our book for VFMO (63.0% of the fund), and 505 for VFMO that do not appear in VOO (51.3%).
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 VFMO | Weight in VOO | Difference |
|---|---|---|---|
| AAPLApple, Inc | 0.44% | 7.05% | 6.61% |
| GOOGAlphabet Inc | 0.20% | 2.62% | 2.42% |
| MUMicron Technology, Inc. | 0.89% | 1.44% | 0.55% |
| AMDAdvanced Micro Devices Inc | 0.81% | 1.21% | 0.40% |
| LLYEli Lilly & Co. | 0.53% | 1.41% | 0.88% |
| JNJJohnson & Johnson - Common | 0.76% | 0.96% | 0.20% |
| XOMExxon Mobil Corp. | 0.59% | 1.00% | 0.41% |
| AMATApplied Materials, Inc. | 0.77% | 0.63% | 0.14% |
| INTCIntel Corporation | 0.72% | 0.66% | 0.06% |
| SNDKSandisk Corp/De | 1.03% | 0.28% | 0.75% |
43.2% of VFMO 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, VFMO or VOO?
VFMO has an expense ratio of 0.13% while VOO charges 0.03%. VOO is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, VFMO or VOO?
Over the past year VFMO returned +18.23% vs +17.07% for VOO, so VFMO leads on 1-year performance. Over the longest common window we track (9 years), VFMO annualized +14.35% vs +13.83% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VFMO or VOO?
VFMO has been the more volatile fund at 20.2% annualized versus 16.4% for VOO. Worst drawdown: VFMO -36.8% vs VOO -34.3%.
Should I hold both VFMO and VOO?
VFMO and VOO have a monthly-return correlation of 0.87, 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 VFMO and VOO?
43.2% of VFMO's money is in holdings VOO also owns. 36.2% of VOO's is in holdings VFMO also owns. They hold 131 positions in common, counted across the 694 positions we hold weights for in VFMO and 494 in VOO.
Which pays a higher dividend, VFMO or VOO?
VFMO yields 0.62% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than VFMO?
VOO has a lower expense ratio. VFMO led over 1Y, 3Y and the full window, VOO over 5Y. VFMO is less concentrated, with 8.8% 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.