FFLC vs VOO
FFLC vs VOO
Fidelity Fundamental Large Cap Core ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | FFLC | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.38% | 0.03% | |
| AUM | $1.2B | $979.0B | |
| Dividend Yield | 0.99% | 1.09% | |
| Holdings | 111 | 509 | |
| YTD Return | +12.80% | +13.53% | |
| 1Y Return | +21.23% | +23.65% | |
| 3Y Return (annualized) | +21.92% | +21.27% | |
| 5Y Return (annualized) | +17.09% | +13.52% | |
| Volatility (annualized) | 16.0% | 14.1% | |
| Max Drawdown | -19.7% | -34.3% | |
| Fund Family | Fidelity Investments (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jun 2, 2020 | Sep 7, 2010 |
FFLC vs VOO Performance
Fidelity Fundamental Large Cap Core ETF (FFLC) is a ETF from Fidelity Investments (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year FFLC returned +21.23% while VOO returned +23.65%. Year to date, FFLC is up 12.80% versus a gain of 13.53% for VOO.
Over three years, FFLC compounded at +21.92% per year against +21.27% for VOO; over five years the annualized figures are +17.09% and +13.52% respectively. Across the full 6-year window we track, FFLC has the edge at +20.33% annualized vs +13.57%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FFLC has been the more volatile fund, with annualized monthly volatility of 16.0% 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 -19.7% for FFLC 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FFLC charges 0.38% per year while VOO charges 0.03%. On a $10,000 position that is $38 vs $3 annually, a gap of $35 per year that compounds over a long holding period. On income, FFLC currently yields 0.99% against 1.09% for VOO.
Holdings Overlap
FFLC and VOO share 74 holdings out of 536 unique holdings combined, representing a 40.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FFLC | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 8.38% | 7.51% | 0.87% |
| GOOGL | 7.78% | 3.25% | 4.53% |
| AAPL | 3.49% | 6.59% | 3.10% |
| AMZN | Pro | Pro | Pro |
| MSFT | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| XOM | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
| V | Pro | Pro | Pro |
See all 10 holdings FFLC shares with VOO Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, FFLC or VOO?
FFLC has an expense ratio of 0.38% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $35 per year of difference.
Which performed better, FFLC or VOO?
Over the past year FFLC returned +21.23% vs +23.65% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (6 years), FFLC annualized +20.33% vs +13.57% for VOO. Past performance does not guarantee future results.
Which is riskier, FFLC or VOO?
FFLC has been the more volatile fund at 16.0% annualized versus 14.1% for VOO. Worst drawdown: FFLC -19.7% vs VOO -34.3%.
Should I hold both FFLC and VOO?
FFLC and VOO have a monthly-return correlation of 0.91, 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 FFLC and VOO?
FFLC and VOO share 74 common holdings with a 40.9% weight overlap. Combined, they hold 536 unique securities.
Which pays a higher dividend, FFLC or VOO?
FFLC yields 0.99% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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