FFLS vs VOO
FFLS vs VOO
The Future Fund Long/Short 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 | FFLS | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.60% | 0.03% | |
| AUM | $42M | $979.0B | |
| Dividend Yield | 6.55% | 1.09% | |
| Holdings | 52 | 509 | |
| YTD Return | +3.38% | +13.80% | |
| 1Y Return | +1.12% | +23.71% | |
| 3Y Return (annualized) | +11.47% | +21.50% | |
| 5Y Return (annualized) | - | +13.44% | |
| Volatility (annualized) | 9.7% | 14.1% | |
| Max Drawdown | -11.1% | -34.3% | |
| Fund Family | The Future Fund | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Jun 20, 2022 | Sep 7, 2010 |
FFLS vs VOO Performance
The Future Fund Long/Short ETF (FFLS) is a ETF from The Future Fund and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year FFLS returned +1.12% while VOO returned +23.71%. Year to date, FFLS is up 3.38% versus a gain of 13.80% for VOO.
Over three years, FFLS compounded at +11.47% per year against +21.50% for VOO. Across the full 3-year window we track, VOO has the edge at +13.58% annualized vs +9.77%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 9.7% for FFLS. 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 FFLS 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FFLS charges 1.60% per year while VOO charges 0.03%. On a $10,000 position that is $160 vs $3 annually, a gap of $157 per year that compounds over a long holding period. On income, FFLS currently yields 6.55% against 1.09% for VOO.
Holdings Overlap
FFLS and VOO share 25 holdings out of 533 unique holdings combined, representing a 19.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FFLS | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 5.88% | 7.51% | 1.63% |
| AMZN | 5.41% | 3.62% | 1.79% |
| GOOGL | 4.15% | 3.25% | 0.90% |
| AVGO | Pro | Pro | Pro |
| PANW | Pro | Pro | Pro |
| EW | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| SQ | Pro | Pro | Pro |
| EQIX | Pro | Pro | Pro |
| GLW | Pro | Pro | Pro |
See all 10 holdings FFLS 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, FFLS or VOO?
FFLS has an expense ratio of 1.60% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $157 per year of difference.
Which performed better, FFLS or VOO?
Over the past year FFLS returned +1.12% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (3 years), FFLS annualized +9.77% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, FFLS or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 9.7% for FFLS. Worst drawdown: FFLS -11.1% vs VOO -34.3%.
Should I hold both FFLS and VOO?
FFLS and VOO have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FFLS and VOO?
FFLS and VOO share 25 common holdings with a 19.0% weight overlap. Combined, they hold 533 unique securities.
Which pays a higher dividend, FFLS or VOO?
FFLS yields 6.55% while VOO yields 1.09%, so FFLS currently pays the higher dividend yield.
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