FIXP 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

MetricFIXPVOOWinner
Expense Ratio1.01%0.03%
AUM$10M$979.0B
Dividend Yield5.67%1.09%
Holdings6509
YTD Return+1.97%+13.53%
1Y Return+6.11%+23.65%
3Y Return (annualized)-+21.27%
5Y Return (annualized)-+13.52%
Volatility (annualized)2.7%14.1%
Max Drawdown-3.4%-34.3%
Fund FamilyFolioBeyondVanguard (US)
CategoryFixed IncomeEquity
InceptionJan 22, 2025Sep 7, 2010

FIXP vs VOO Performance

FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) is a ETF from FolioBeyond and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year FIXP returned +6.11% while VOO returned +23.65%. Year to date, FIXP is up 1.97% versus a gain of 13.53% for VOO.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 2.7% for FIXP. 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 -3.4% for FIXP 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 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

FIXP charges 1.01% per year while VOO charges 0.03%. On a $10,000 position that is $101 vs $3 annually, a gap of $98 per year that compounds over a long holding period. On income, FIXP currently yields 5.67% against 1.09% for VOO.

Holdings Overlap

0.0%overlap

FIXP and VOO share 0 holdings out of 511 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, FIXP or VOO?

FIXP has an expense ratio of 1.01% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $98 per year of difference.

Which performed better, FIXP or VOO?

Over the past year FIXP returned +6.11% vs +23.65% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), FIXP annualized +4.45% vs +13.57% for VOO. Past performance does not guarantee future results.

Which is riskier, FIXP or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 2.7% for FIXP. Worst drawdown: FIXP -3.4% vs VOO -34.3%.

Should I hold both FIXP and VOO?

FIXP and VOO have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between FIXP and VOO?

FIXP and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 511 unique securities.

Which pays a higher dividend, FIXP or VOO?

FIXP yields 5.67% while VOO yields 1.09%, so FIXP currently pays the higher dividend yield.

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