FYEE vs VOO
FYEE vs VOO
Fidelity Yield Enhanced Equity ETF vs Vanguard S&P 500 ETF
Quick Verdict
FYEE has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | FYEE | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.00% | 0.03% | |
| AUM | $199M | $979.0B | |
| Dividend Yield | 8.53% | 1.09% | |
| Holdings | 170 | 509 | |
| YTD Return | +4.58% | +13.53% | |
| 1Y Return | +13.87% | +23.65% | |
| 3Y Return (annualized) | - | +21.27% | |
| 5Y Return (annualized) | - | +13.52% | |
| Volatility (annualized) | 9.9% | 14.1% | |
| Max Drawdown | -18.8% | -34.3% | |
| Fund Family | Fidelity Investments (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 9, 2024 | Sep 7, 2010 |
FYEE vs VOO Performance
Fidelity Yield Enhanced Equity ETF (FYEE) is a ETF from Fidelity Investments (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year FYEE returned +13.87% while VOO returned +23.65%. Year to date, FYEE is up 4.58% 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 9.9% for FYEE. 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 -18.8% for FYEE 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FYEE charges 0.00% per year while VOO charges 0.03%. On a $10,000 position that is $0 vs $3 annually, a gap of $3 per year that compounds over a long holding period. On income, FYEE currently yields 8.53% against 1.09% for VOO.
Holdings Overlap
FYEE and VOO share 108 holdings out of 572 unique holdings combined, representing a 61.3% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in FYEE | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 7.84% | 7.51% | 0.33% |
| AAPL | 6.95% | 6.59% | 0.36% |
| MSFT | 4.22% | 4.30% | 0.08% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
See all 10 holdings FYEE 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, FYEE or VOO?
FYEE has an expense ratio of 0.00% while VOO charges 0.03%. FYEE is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, FYEE or VOO?
Over the past year FYEE returned +13.87% vs +23.65% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), FYEE annualized +13.60% vs +13.57% for VOO. Past performance does not guarantee future results.
Which is riskier, FYEE or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 9.9% for FYEE. Worst drawdown: FYEE -18.8% vs VOO -34.3%.
Should I hold both FYEE and VOO?
FYEE and VOO have a monthly-return correlation of 0.92, 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 FYEE and VOO?
FYEE and VOO share 108 common holdings with a 61.3% weight overlap. Combined, they hold 572 unique securities.
Which pays a higher dividend, FYEE or VOO?
FYEE yields 8.53% while VOO yields 1.09%, so FYEE currently pays the higher dividend yield.
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