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FDL vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FDLVOO
YTD Return8.19%10.40%
1Y Return15.08%32.36%
3Y Return (Ann)10.23%11.45%
5Y Return (Ann)9.85%15.03%
10Y Return (Ann)9.79%12.94%
Sharpe Ratio1.262.95
Daily Std Dev13.09%11.59%
Max Drawdown-65.93%-33.99%
Current Drawdown0.00%-0.14%

Correlation

0.77
-1.001.00

The correlation between FDL and VOO is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

FDL vs. VOO - Performance Comparison

In the year-to-date period, FDL achieves a 8.19% return, which is significantly lower than VOO's 10.40% return. Over the past 10 years, FDL has underperformed VOO with an annualized return of 9.79%, while VOO has yielded a comparatively higher 12.94% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


250.00%300.00%350.00%400.00%450.00%500.00%OctoberNovemberDecember2024FebruaryMarch
339.93%
515.84%
FDL
VOO

Compare stocks, funds, or ETFs


First Trust Morningstar Dividend Leaders Index Fund

Vanguard S&P 500 ETF

FDL vs. VOO - Expense Ratio Comparison

FDL has a 0.45% expense ratio, which is higher than VOO's 0.03% expense ratio.

FDL
First Trust Morningstar Dividend Leaders Index Fund
0.50%1.00%1.50%2.00%0.45%
0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

FDL vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Morningstar Dividend Leaders Index Fund (FDL) and Vanguard S&P 500 ETF (VOO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
FDL
First Trust Morningstar Dividend Leaders Index Fund
1.26
VOO
Vanguard S&P 500 ETF
2.95

FDL vs. VOO - Sharpe Ratio Comparison

The current FDL Sharpe Ratio is 1.26, which is lower than the VOO Sharpe Ratio of 2.95. The chart below compares the 12-month rolling Sharpe Ratio of FDL and VOO.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00OctoberNovemberDecember2024FebruaryMarch
1.26
2.95
FDL
VOO

Dividends

FDL vs. VOO - Dividend Comparison

FDL's dividend yield for the trailing twelve months is around 4.33%, more than VOO's 1.33% yield.


TTM20232022202120202019201820172016201520142013
FDL
First Trust Morningstar Dividend Leaders Index Fund
4.33%4.58%3.58%4.59%4.48%3.75%3.97%3.18%2.93%3.65%3.35%3.13%
VOO
Vanguard S&P 500 ETF
1.33%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

FDL vs. VOO - Drawdown Comparison

The maximum FDL drawdown since its inception was -65.93%, which is greater than VOO's maximum drawdown of -33.99%. The drawdown chart below compares losses from any high point along the way for FDL and VOO


-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch0
-0.14%
FDL
VOO

Volatility

FDL vs. VOO - Volatility Comparison

The current volatility for First Trust Morningstar Dividend Leaders Index Fund (FDL) is 2.44%, while Vanguard S&P 500 ETF (VOO) has a volatility of 2.89%. This indicates that FDL experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%OctoberNovemberDecember2024FebruaryMarch
2.44%
2.89%
FDL
VOO