FB vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricFBVOOWinner
Expense Ratio0.58%0.03%
AUM$2M$979.0B
Dividend Yield2.00%1.09%
Holdings501509
YTD Return+5.49%+9.95%
1Y Return+10.25%+19.58%
3Y Return (annualized)-+19.43%
5Y Return (annualized)-+12.89%
Volatility (annualized)3.7%14.2%
Max Drawdown-1.8%-34.3%
Fund FamilyProSharesVanguard (US)
CategoryAlternativeEquity
InceptionJun 24, 2025Sep 7, 2010

FB vs VOO Performance

ProShares S&P 500 Dynamic Buffer ETF (FB) is a ETF from ProShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year FB returned +10.25% while VOO returned +19.58%. Year to date, FB is up 5.49% versus a gain of 9.95% for VOO.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 3.7% for FB. 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 -1.8% for FB 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 0.89. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

FB charges 0.58% per year while VOO charges 0.03%. On a $10,000 position that is $58 vs $3 annually, a gap of $55 per year that compounds over a long holding period. On income, FB currently yields 2.00% against 1.09% for VOO.

Holdings Overlap

94.4%overlap

FB and VOO share 484 holdings out of 520 unique holdings combined, representing a 94.4% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in FBWeight in VOODifference
NVDA7.33%7.51%0.18%
AAPL7.11%6.59%0.52%
MSFT4.43%4.30%0.13%
AMZNProProPro
GOOGLProProPro
AVGOProProPro
GOOGProProPro
METAProProPro
MUProProPro
TSLAProProPro
See all 10 holdings FB shares with VOO
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, FB or VOO?

FB has an expense ratio of 0.58% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $55 per year of difference.

Which performed better, FB or VOO?

Over the past year FB returned +10.25% vs +19.58% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), FB annualized +10.96% vs +13.35% for VOO. Past performance does not guarantee future results.

Which is riskier, FB or VOO?

VOO has been the more volatile fund at 14.2% annualized versus 3.7% for FB. Worst drawdown: FB -1.8% vs VOO -34.3%.

Should I hold both FB and VOO?

FB and VOO have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between FB and VOO?

FB and VOO share 484 common holdings with a 94.4% weight overlap. Combined, they hold 520 unique securities.

Which pays a higher dividend, FB or VOO?

FB yields 2.00% while VOO yields 1.09%, so FB currently pays the higher dividend yield.

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