FTC vs. VOO

Last updated Jun 24, 2026

FTC (First Trust Large Cap Growth AlphaDEX Fund) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - FTC is a Large Cap Growth Equities fund tracking the NASDAQ AlphaDEX Large Cap Growth Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, FTC returned 15.10%/yr vs 15.61%/yr for VOO. Their correlation of 0.89 suggests significant overlap in exposure. FTC charges 0.60%/yr vs 0.03%/yr for VOO.

Performance

FTC vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Large Cap Growth AlphaDEX Fund (FTC) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTC achieves a 17.71% return, which is significantly higher than VOO's 8.19% return. Both investments have delivered pretty close results over the past 10 years, with FTC having a 15.10% annualized return and VOO not far ahead at 15.61%.

FTC

• 1D: -3.10%
• 1M: 4.86%
• YTD: 17.71%
• 6M: 15.58%
• 1Y: 28.99%
• 3Y*: 24.94%
• 5Y*: 12.15%
• 10Y*: 15.10%

VOO

• 1D: -1.42%
• 1M: -1.34%
• YTD: 8.19%
• 6M: 7.24%
• 1Y: 23.69%
• 3Y*: 20.78%
• 5Y*: 13.13%
• 10Y*: 15.61%

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

FTC vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTC First Trust Large Cap Growth AlphaDEX Fund	17.71%	15.89%	26.60%	20.72%	-23.28%	24.43%	33.35%	28.07%	-6.03%	25.32%
VOO Vanguard S&P 500 ETF	8.19%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-4.50%	21.77%

Correlation

The correlation between FTC and VOO is 0.86, 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	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (10Y) Calculated over the trailing 10-year period	0.87
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010	0.89

The correlation between FTC and VOO has been stable across timeframes, ranging from 0.86 to 0.89 - a consistent structural relationship.

FTC vs. VOO - Sectors Allocation Comparison

Sectors	FTC	VOO
Technology	36.0%	39.1%
Industrials	27.5%	7.6%
Consumer Cyclical	9.4%	9.8%
Healthcare	8.6%	8.3%
Financial Services	6.5%	10.9%
Basic Materials	3.1%	1.7%
Communication Services	2.4%	10.5%
Real Estate	2.0%	1.8%
Utilities	1.9%	2.5%
Consumer Defensive	1.9%	4.5%
Energy	0.8%	3.2%

Return for Risk

FTC vs. VOO — Risk / Return Rank

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

FTC

FTC Risk / Return Rank: 50
FTC Sharpe Ratio Rank: 43
FTC Sortino Ratio Rank: 42
FTC Omega Ratio Rank: 42
FTC Calmar Ratio Rank: 59
FTC Martin Ratio Rank: 62

VOO

VOO Risk / Return Rank: 59
VOO Sharpe Ratio Rank: 59
VOO Sortino Ratio Rank: 56
VOO Omega Ratio Rank: 58
VOO Calmar Ratio Rank: 56
VOO Martin Ratio Rank: 67

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.

FTC vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Large Cap Growth AlphaDEX Fund (FTC) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FTC	VOO	Difference
Sharpe ratio: Return per unit of total volatility	1.47	1.91	-0.45
Sortino ratio: Return per unit of downside risk	2.04	2.60	-0.56
Omega ratio: Gain probability vs. loss probability	1.26	1.35	-0.09
Calmar ratio: Return relative to maximum drawdown	2.81	2.67	+0.14
Martin ratio: Return relative to average drawdown	10.54	11.96	-1.42

FTC vs. VOO - Sharpe Ratio Comparison

The current FTC Sharpe Ratio is 1.47, which is comparable to the VOO Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of FTC and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTC vs. VOO - Drawdown Comparison

The maximum FTC drawdown since its inception was -54.05%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FTC and VOO.

Drawdown Indicators

	FTC	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-54.05%	-33.99%	-20.06%
Max Drawdown (1Y) Largest decline over 1 year	-10.36%	-8.90%	-1.46%
Max Drawdown (3Y) Largest decline over 3 years	-21.41%	-18.69%	-2.72%
Max Drawdown (5Y) Largest decline over 5 years	-31.18%	-24.52%	-6.66%
Max Drawdown (10Y) Largest decline over 10 years	-34.66%	-33.99%	-0.67%
Current Drawdown Current decline from peak	-3.10%	-3.14%	+0.04%
Average Drawdown Average peak-to-trough decline	-9.30%	-3.68%	-5.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.76%	1.99%	+0.77%

Volatility

FTC vs. VOO - Volatility Comparison

First Trust Large Cap Growth AlphaDEX Fund (FTC) has a higher volatility of 9.31% compared to Vanguard S&P 500 ETF (VOO) at 4.83%. This indicates that FTC's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTC	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.31%	4.83%	+4.48%
Volatility (6M) Calculated over the trailing 6-month period	16.18%	9.82%	+6.36%
Volatility (1Y) Calculated over the trailing 1-year period	19.86%	12.46%	+7.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.18%	16.91%	+3.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.60%	18.02%	+2.58%

FTC vs. VOO - Expense Ratio Comparison

FTC has a 0.60% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

FTC vs. VOO - Dividend Comparison

FTC's dividend yield for the trailing twelve months is around 0.18%, less than VOO's 1.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTC First Trust Large Cap Growth AlphaDEX Fund	0.18%	0.20%	0.32%	0.65%	0.90%	0.00%	0.40%	0.64%	0.35%	0.40%	0.86%	0.52%
VOO Vanguard S&P 500 ETF	1.05%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both FTC and VOO in my portfolio?

FTC and VOO have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTC or VOO?

FTC has higher volatility (9.31%) compared to VOO (4.83%). In terms of maximum drawdown, FTC dropped -54.05% vs VOO's -33.99%.

Which ETF is better, FTC or VOO?

On 10-year performance, VOO leads with 15.61% vs 15.10% for FTC. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 4.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTC or VOO?

Over the 10-year period, VOO has performed better with a 15.61% return vs 15.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTC or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.60% for FTC.

Which ETF pays a higher dividend yield, FTC or VOO?

VOO has the higher dividend yield at 1.05%, compared with 0.18% for FTC.

What is the main difference between FTC and VOO?

FTC is categorized as Large Cap Growth Equities, while VOO is S&P 500. FTC tracks NASDAQ AlphaDEX Large Cap Growth Index, while VOO tracks S&P 500 Index. They also come from different issuers: First Trust and Vanguard. Their fees differ too: 0.60% for FTC and 0.03% for VOO.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (1.91 vs 1.47), 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.