FBUF 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

MetricFBUFVOOWinner
Expense Ratio0.48%0.03%
AUM$21M$979.0B
Dividend Yield0.59%1.09%
Holdings175509
YTD Return+7.90%+13.11%
1Y Return+16.90%+22.88%
3Y Return (annualized)-+21.08%
5Y Return (annualized)-+13.26%
Volatility (annualized)6.9%14.1%
Max Drawdown-11.1%-34.3%
Fund FamilyFidelity Investments (US)Vanguard (US)
CategoryEquityEquity
InceptionApr 9, 2024Sep 7, 2010

FBUF vs VOO Performance

Fidelity Dynamic Buffered Equity ETF (FBUF) is a ETF from Fidelity Investments (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year FBUF returned +16.90% while VOO returned +22.88%. Year to date, FBUF is up 7.90% versus a gain of 13.11% for VOO.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 6.9% for FBUF. 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 -11.1% for FBUF 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

FBUF charges 0.48% per year while VOO charges 0.03%. On a $10,000 position that is $48 vs $3 annually, a gap of $45 per year that compounds over a long holding period. On income, FBUF currently yields 0.59% against 1.09% for VOO.

Holdings Overlap

60.2%overlap

FBUF and VOO share 106 holdings out of 566 unique holdings combined, representing a 60.2% weight overlap.

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

Top Shared Holdings

StockWeight in FBUFWeight in VOODifference
NVDA7.81%7.51%0.30%
AAPL6.93%6.59%0.34%
MSFT4.03%4.30%0.27%
AMZNProProPro
GOOGLProProPro
AVGOProProPro
GOOGProProPro
MUProProPro
METAProProPro
TSLAProProPro
See all 10 holdings FBUF 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, FBUF or VOO?

FBUF has an expense ratio of 0.48% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $45 per year of difference.

Which performed better, FBUF or VOO?

Over the past year FBUF returned +16.90% vs +22.88% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), FBUF annualized +13.74% vs +13.54% for VOO. Past performance does not guarantee future results.

Which is riskier, FBUF or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 6.9% for FBUF. Worst drawdown: FBUF -11.1% vs VOO -34.3%.

Should I hold both FBUF and VOO?

FBUF 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 FBUF and VOO?

FBUF and VOO share 106 common holdings with a 60.2% weight overlap. Combined, they hold 566 unique securities.

Which pays a higher dividend, FBUF or VOO?

FBUF yields 0.59% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.

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