FLRG vs. VTI

Last updated Jun 3, 2026

FLRG (Fidelity U.S. Multifactor ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - FLRG is a Large Cap Growth Equities fund tracking the Fidelity U.S. Multifactor Index, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. Over the past 5 years, FLRG returned 13.32%/yr vs 13.05%/yr for VTI. Their correlation of 0.95 suggests significant overlap in exposure. FLRG charges 0.29%/yr vs 0.03%/yr for VTI.

Performance

FLRG vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity U.S. Multifactor ETF (FLRG) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLRG achieves a 9.53% return, which is significantly lower than VTI's 12.01% return.

FLRG

• 1D: 0.15%
• 1M: 3.94%
• YTD: 9.53%
• 6M: 9.67%
• 1Y: 19.94%
• 3Y*: 19.62%
• 5Y*: 13.32%
• 10Y*: —

VTI

• 1D: 0.26%
• 1M: 5.37%
• YTD: 12.01%
• 6M: 12.40%
• 1Y: 30.01%
• 3Y*: 22.37%
• 5Y*: 13.05%
• 10Y*: 15.13%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FLRG vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FLRG Fidelity U.S. Multifactor ETF	9.53%	13.92%	23.36%	18.31%	-10.98%	29.36%	9.53%
VTI Vanguard Total Stock Market ETF	12.01%	17.10%	23.81%	26.05%	-19.52%	25.68%	14.92%

Correlation

The correlation between FLRG and VTI is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Sep 18, 2020	0.95

The correlation between FLRG and VTI has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.

FLRG vs. VTI - Sectors Allocation Comparison

Sectors	FLRG	VTI
Technology	34.7%	33.5%
Financial Services	12.3%	12.0%
Consumer Cyclical	10.7%	10.0%
Communication Services	10.3%	10.3%
Healthcare	9.2%	9.2%
Industrials	7.7%	9.8%
Energy	4.8%	3.7%
Consumer Defensive	4.6%	4.7%
Basic Materials	2.5%	2.0%
Real Estate	2.1%	2.4%
Utilities	1.2%	2.3%

Return for Risk

FLRG vs. VTI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLRG

FLRG Risk / Return Rank: 59
FLRG Sharpe Ratio Rank: 58
FLRG Sortino Ratio Rank: 59
FLRG Omega Ratio Rank: 57
FLRG Calmar Ratio Rank: 57
FLRG Martin Ratio Rank: 62

VTI

VTI Risk / Return Rank: 74
VTI Sharpe Ratio Rank: 75
VTI Sortino Ratio Rank: 74
VTI Omega Ratio Rank: 74
VTI Calmar Ratio Rank: 68
VTI Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLRG vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity U.S. Multifactor ETF (FLRG) and Vanguard Total Stock Market ETF (VTI). 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.

	FLRG	VTI	Difference
Sharpe ratio Return per unit of total volatility	1.98	2.48	-0.50
Sortino ratio Return per unit of downside risk	2.81	3.37	-0.57
Omega ratio Gain probability vs. loss probability	1.35	1.45	-0.09
Calmar ratio Return relative to maximum drawdown	2.86	3.44	-0.58
Martin ratio Return relative to average drawdown	11.31	15.88	-4.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLRG vs. VTI - Sharpe Ratio Comparison

The current FLRG Sharpe Ratio is 1.98, which is comparable to the VTI Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of FLRG and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FLRG	VTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.98	2.48	-0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.88	0.75	+0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.05	0.51	+0.54

Drawdowns

FLRG vs. VTI - Drawdown Comparison

The maximum FLRG drawdown since its inception was -19.64%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for FLRG and VTI.

Drawdown Indicators

	FLRG	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-19.64%	-55.45%	+35.81%
Max Drawdown (1Y) Largest decline over 1 year	-7.16%	-8.92%	+1.76%
Max Drawdown (3Y) Largest decline over 3 years	-16.53%	-19.30%	+2.77%
Max Drawdown (5Y) Largest decline over 5 years	-19.64%	-25.36%	+5.72%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-3.74%	-8.03%	+4.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.81%	1.93%	-0.12%

Volatility

FLRG vs. VTI - Volatility Comparison

The current volatility for Fidelity U.S. Multifactor ETF (FLRG) is 2.44%, while Vanguard Total Stock Market ETF (VTI) has a volatility of 2.86%. This indicates that FLRG experiences smaller price fluctuations and is considered to be less risky than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLRG	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.44%	2.86%	-0.42%
Volatility (6M) Calculated over the trailing 6-month period	7.58%	9.11%	-1.53%
Volatility (1Y) Calculated over the trailing 1-year period	10.13%	12.15%	-2.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.18%	17.40%	-2.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.02%	18.30%	-3.28%

FLRG vs. VTI - Expense Ratio Comparison

FLRG has a 0.29% expense ratio, which is higher than VTI's 0.03% expense ratio.

Dividends

FLRG vs. VTI - Dividend Comparison

FLRG's dividend yield for the trailing twelve months is around 1.34%, more than VTI's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLRG Fidelity U.S. Multifactor ETF	1.34%	1.42%	1.42%	1.39%	1.62%	1.36%	1.47%	0.00%	0.00%	0.00%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	1.01%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both FLRG and VTI in my portfolio?

With a correlation of 0.93, FLRG and VTI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FLRG or VTI?

VTI has higher volatility (2.86%) compared to FLRG (2.44%). In terms of maximum drawdown, FLRG dropped -19.64% vs VTI's -55.45%.

Which ETF is better, FLRG or VTI?

On 5-year performance, FLRG leads with 13.32% vs 13.05% for VTI. On fees, VTI is cheaper at 0.03% per year. On volatility, FLRG has been the lower-risk option at 2.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLRG or VTI?

Over the 5-year period, FLRG has performed better with a 13.32% return vs 13.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLRG or VTI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.29% for FLRG.

Which ETF pays a higher dividend yield, FLRG or VTI?

FLRG has the higher dividend yield at 1.34%, compared with 1.01% for VTI.

What is the main difference between FLRG and VTI?

FLRG is categorized as Large Cap Growth Equities, while VTI is Large Cap Blend Equities. FLRG tracks Fidelity U.S. Multifactor Index, while VTI tracks CRSP US Total Market Index. They also come from different issuers: Fidelity and Vanguard. Their fees differ too: 0.29% for FLRG and 0.03% for VTI.

Which has better risk-adjusted returns?

VTI currently has the higher Sharpe Ratio (2.48 vs 1.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.