FVAL vs. VOO
Compare and contrast key facts about Fidelity Value Factor ETF (FVAL) and Vanguard S&P 500 ETF (VOO).
FVAL and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FVAL is a passively managed fund by Fidelity that tracks the performance of the Fidelity U.S. Value Factor Index. It was launched on Sep 12, 2016. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both FVAL and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FVAL or VOO.
Performance
FVAL vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, FVAL achieves a 20.47% return, which is significantly lower than VOO's 26.16% return.
FVAL
20.47%
1.96%
12.54%
27.89%
13.41%
N/A
VOO
26.16%
1.77%
13.62%
32.33%
15.68%
13.18%
Key characteristics
| FVAL | VOO | |
|---|---|---|
| Sharpe Ratio | 2.49 | 2.70 |
| Sortino Ratio | 3.31 | 3.60 |
| Omega Ratio | 1.46 | 1.50 |
| Calmar Ratio | 3.67 | 3.90 |
| Martin Ratio | 15.65 | 17.65 |
| Ulcer Index | 1.82% | 1.86% |
| Daily Std Dev | 11.46% | 12.19% |
| Max Drawdown | -37.26% | -33.99% |
| Current Drawdown | -0.83% | -0.86% |
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FVAL vs. VOO - Expense Ratio Comparison
FVAL has a 0.29% expense ratio, which is higher than VOO's 0.03% expense ratio.
Correlation
The correlation between FVAL and VOO is 0.94, 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.
Risk-Adjusted Performance
FVAL vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Value Factor ETF (FVAL) 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.
Dividends
FVAL vs. VOO - Dividend Comparison
FVAL's dividend yield for the trailing twelve months is around 1.57%, more than VOO's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FVAL Fidelity Value Factor ETF | 1.57% | 1.69% | 1.79% | 1.41% | 1.61% | 1.77% | 2.06% | 1.62% | 0.45% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FVAL vs. VOO - Drawdown Comparison
The maximum FVAL drawdown since its inception was -37.26%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FVAL and VOO. For additional features, visit the drawdowns tool.
Volatility
FVAL vs. VOO - Volatility Comparison
Fidelity Value Factor ETF (FVAL) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.15% and 3.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.