Which returned more over the last year, FDVV or VLUE?

In the year to Oct 28, 2026, with distributions reinvested, FDVV returned +13.5% and VLUE +54.7%.

Which is cheaper, FDVV or VLUE?

Neither: FDVV and VLUE both charge 0.15% a year. Fees come from each fund's prospectus.

How much do FDVV and VLUE overlap with the S&P 500?

By their latest filed holdings, 87% of FDVV and 97% of VLUE by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

FDVV vs VLUE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FDVV returned +13.5% to VLUE's +54.7%; 10% of their weight is in the same names.

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Net assets: $10.2bn on Sep 30, 2026 for Fidelity High Dividend ETF, and $9.4bn on Oct 28, 2026 for iShares MSCI USA Value Factor ETF.

FDVV on its own →VLUE on its own →

At a glance

+13.5%

FDVV total return, 1 year

+54.7%

VLUE total return, 1 year

0.15%

FDVV expense ratio

0.15%

VLUE expense ratio

Pair scorecard

Both cost 0.15% a year; their one-year returns differ by 41.2 points; FDVV is 1.1 times larger.

Points (pts) are percentage points.

FDVV vs VLUE: Differences, Returns & Fees
Measure	FDVV	VLUE
Return
Measure	FDVV	VLUE
Total return, 1 year	+13.5%	+54.7%
Benchmark
Measure	FDVV	VLUE
What it tracks	Fidelity High Dividend Index	MSCI USA Enhanced Value Index
Cost and size
Measure	FDVV	VLUE
Expense ratio	0.15%	0.15%
Net assets, as of Sep 30, 2026	$10.2bn	$9.4bn
Holdings
Measure	FDVV	VLUE
Holdings in common	10%
Top ten holdings, share of the fund	33.8%	42.8%

Holdings in common uses holdings dated Jul 31, 2026 and Oct 27, 2026. Method

Risk and return

Sep 23, 2016 to Oct 23, 2026 · 526 weekly returns

FDVV VLUE

Return

Total return edge VLUE +247.7% +283.4%

Annualized edge VLUE (slight) +13.1% +14.2%

Price return edge VLUE +143.5% +194.8%

Risk

Volatility edge FDVV 16.9% 19.8%

Max drawdown edge Tie −37.4% −37.5%

Risk-adjusted

Sharpe edge FDVV (slight) 0.67 0.65

Sortino edge Tie 0.93 0.93

Calmar edge VLUE (slight) 0.35 0.38

Reading

VLUE returned more: +283.4% to +247.7%. FDVV swung less: 16.9% to 19.8%. FDVV and VLUE fell about the same at their worst: −37.4% and −37.5%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: FDVV vs VLUE: Differences, Returns & Fees
Measure	FDVV	VLUE	Edge	How it is measured
Return
Total return	+247.7%	+283.4%	VLUE	Price change plus distributions, reinvested.
Annualized	+13.1%	+14.2%	VLUE (slight)	Total return as a yearly rate.
Price return	+143.5%	+194.8%	VLUE	Price change alone, distributions left out.
Risk
Volatility	16.9%	19.8%	FDVV	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	12.1%	13.8%	FDVV	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−37.4%	−37.5%	Tie	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.67	0.65	FDVV (slight)	Return above Treasury bills per unit of volatility.
Sortino	0.93	0.93	Tie	Return above Treasury bills per unit of downside deviation.
Calmar	0.35	0.38	VLUE (slight)	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 526 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

10%

By the books each fund has filed, FDVV and VLUE hold 10% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.

50%

0 half 100%

half

10% in common

Positions both hold · largest shared weight first FDVV VLUE

BANK OF AMERICA CORPORATION 1.96% 1.77%

DELL TECHNOLOGIES INC 2.66% 1.72%

FORD MOTOR CO 1.45% 1.67%

KRAFT HEINZ CO 1.39% 0.73%

ACCENTURE PLC 0.64% 1.31%

HP INC 1.07% 0.60%

BEST BUY CO INC 1.65% 0.43%

TRUIST FINANCIAL CORP 1.23% 0.42%

BRISTOL-MYERS SQUIBB CO 0.30% 1.14%

EXELON CORP 1.05% 0.30%

PFIZER INC 0.27% 1.86%

EDISON INTERNATIONAL 1.12% 0.25%

Only in one fund ↓

Only in FDVV

NVIDIA CORP 6.57%

APPLE INC 6.18%

MICROSOFT CORP 4.88%

BROADCOM INC 3.11%

JPMORGAN CHASE and CO 2.76%

COCA COLA CO 1.96%

ALPHABET INC 1.95%

PHILIP MORRIS INTERNATIONAL INC 1.80%

Only in VLUE

MICRON TECHNOLOGY 20.94%

CISCO SYSTEMS INC 4.37%

GENERAL MOTORS 3.54%

AT&T 2.24%

HEWLETT PACKARD ENTERPRISE 1.95%

QUALCOMM 1.73%

CITIGROUP 1.47%

CVS HEALTH 1.31%

Check overlap with more funds →

Side by side

FDVV Fidelity High Dividend ETF VLUE iShares MSCI USA Value Factor ETF

Where it sits Stock ETF Stock ETF

Issuer Fidelity iShares

What it is Tracks an index of High Dividend Tracks the MSCI USA Value Factor

Total return, 1 year +13.5% +54.7%

Its benchmark over the same days not measured +13.6% (MLRG)

Gap to its benchmark not measured +41.1 pts vs MLRG

Expense ratio 0.15% 0.15%

Already in the S&P 500 87.4% 96.6%

Holdings 95 148

Net assets, FDVV as of Sep 30, 2026 and VLUE as of Oct 28, 2026 $10.2bn $9.4bn

FDVV and VLUE on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-7D60ADD19C

FDVV and VLUE are built for the same job. How do they differ in cost, holdings and results?

What each follows. FDVV follows Fidelity High Dividend Index and VLUE follows MSCI USA Enhanced Value Index.
Holdings in common. 10% of the weight is in the same securities (holdings dated Jul 31, 2026 and Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 FDVV returned +13.5% and VLUE +54.7% with distributions reinvested, a gap of 41.2 points.

Data as of Oct 28, 2026.

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About each fund

FDVV

FDVV tracks an index of High Dividend. Over the year to Oct 28, 2026 it returned +13.5% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jul 31, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 95 positions, with the top ten at 33.8%.

VLUE

VLUE tracks the MSCI USA Value Factor. Over the year to Oct 28, 2026 it returned +54.7% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. By its holdings published by its issuer for Oct 27, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 148 positions, with the top ten at 42.8%.

Questions people ask

Which returned more over the last year, FDVV or VLUE?: In the year to Oct 28, 2026, with distributions reinvested, FDVV returned +13.5% and VLUE +54.7%.
Which is cheaper, FDVV or VLUE?: Neither: FDVV and VLUE both charge 0.15% a year. Fees come from each fund's prospectus.
How much do FDVV and VLUE overlap with the S&P 500?: By their latest filed holdings, 87% of FDVV and 97% of VLUE by weight is stocks the S&P 500 already holds.

Other comparisons

FDVV vs PRF FDVV vs RWL FDVV vs SPYD FDVV vs SPLV VLUE vs VOOV VLUE vs VONV VLUE vs VYM VLUE vs VTV

Where to next

FDVV on its own →VLUE on its own →Hold both: look the portfolio through →Rankings →FDVV dividend history →FDVV holdings →VLUE dividend history →VLUE holdings →Standards and sources →

Sources and dates

FDVV filings on SEC EDGAR ↗

FDVV prospectus with the expense ratio (SEC) ↗

Fidelity website ↗

VLUE filings on SEC EDGAR ↗

VLUE prospectus with the expense ratio (SEC) ↗

iShares page for VLUE ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, FDVV against VLUE, data as of Oct 28, 2026. https://etfiq.com/compare/any/fdvv-vs-vlue

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.