FZROX vs. VOO
Compare and contrast key facts about Fidelity ZERO Total Market Index Fund (FZROX) and Vanguard S&P 500 ETF (VOO).
FZROX is managed by Fidelity. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZROX or VOO.
Correlation
The correlation between FZROX and VOO is 0.99, 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
FZROX vs. VOO - Performance Comparison
Key characteristics
FZROX:
1.91
VOO:
2.04
FZROX:
2.56
VOO:
2.72
FZROX:
1.35
VOO:
1.38
FZROX:
2.89
VOO:
3.02
FZROX:
12.43
VOO:
13.60
FZROX:
1.99%
VOO:
1.88%
FZROX:
12.95%
VOO:
12.52%
FZROX:
-34.96%
VOO:
-33.99%
FZROX:
-4.02%
VOO:
-3.52%
Returns By Period
The year-to-date returns for both investments are quite close, with FZROX having a 23.76% return and VOO slightly higher at 24.65%.
FZROX
23.76%
-0.40%
8.48%
23.86%
13.98%
N/A
VOO
24.65%
-0.29%
7.63%
24.77%
14.57%
13.02%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FZROX vs. VOO - Expense Ratio Comparison
FZROX has a 0.00% expense ratio, which is lower than VOO's 0.03% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FZROX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity ZERO Total Market Index Fund (FZROX) 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
FZROX vs. VOO - Dividend Comparison
FZROX's dividend yield for the trailing twelve months is around 1.18%, less than VOO's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZROX Fidelity ZERO Total Market Index Fund | 1.18% | 1.36% | 1.57% | 1.08% | 1.27% | 1.45% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.26% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FZROX vs. VOO - Drawdown Comparison
The maximum FZROX drawdown since its inception was -34.96%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FZROX and VOO. For additional features, visit the drawdowns tool.
Volatility
FZROX vs. VOO - Volatility Comparison
Fidelity ZERO Total Market Index Fund (FZROX) has a higher volatility of 3.89% compared to Vanguard S&P 500 ETF (VOO) at 3.58%. This indicates that FZROX'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.