Data as of Oct 28, 2026.
FPX vs VO: Differences, Returns & Fees
Over the year to Oct 28, 2026, FPX returned +2.9% to VO's +12.8%; 4% of their weight is in the same names.
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Net assets: $1.4bn on Oct 27, 2026 for First Trust US Equity Opportunities ETF, and $103.4bn on Sep 30, 2026 for Vanguard Morningstar Mid-Cap ETF.
Pair scorecard
VO costs 0.54 points a year less; their one-year returns differ by 9.9 points.
| Measure | FPX | VO |
|---|---|---|
| Return | ||
| Total return, 1 year | +2.9% | +12.8% |
| Drawdown | ||
| Below its high | 15.9%, high on Jun 30, 2026 | 3.1%, high on Aug 14, 2026 |
| Benchmark | ||
| What it tracks | IPOX -100 U.S. Index | Morningstar US Mid Cap Index (formerly CRSP US Mid Cap Index) |
| Cost and size | ||
| Expense ratio | 0.57% | 0.03% |
| Net assets, FPX as of Oct 27, 2026 and VO as of Sep 30, 2026 | $1.4bn | $103.4bn |
| Holdings | ||
| Holdings in common | 4% | |
| Top ten holdings, share of the fund | 46.4% | 9.7% |
Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method
What they share
By the books each fund has filed, FPX and VO hold 4% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.
half
4% in common
Only in one fund ↓
Side by side
FPX and VO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
FPX and VO do different jobs. What does each one do in a portfolio?
- What each follows. FPX follows IPOX -100 U.S. Index and VO follows Morningstar US Mid Cap Index (formerly CRSP US Mid Cap Index).
- Holdings in common. 4% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 FPX returned +2.9% and VO +12.8% with distributions reinvested, a gap of 9.9 points.
Data as of Oct 28, 2026.
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FPX
FPX tracks an index. Over the year to Oct 28, 2026 it returned +2.9% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.57% a year. By its holdings published by its issuer for Oct 27, 2026, 51% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 46.4%. It sat 15.9% below its high of Jun 30, 2026 on Oct 28, 2026.
VO
VO tracks an index of Mid-Cap. Over the year to Oct 28, 2026 it returned +12.8% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 273 positions, with the top ten at 9.7%. It sat 3.1% below its high of Aug 14, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, FPX or VO?
- In the year to Oct 28, 2026, with distributions reinvested, FPX returned +2.9% and VO +12.8%.
- Which is cheaper, FPX or VO?
- VO is cheaper, by 0.54 percentage points a year. That is about $54 on $10,000 held for a year. Fees come from each fund's prospectus.
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, FPX against VO, data as of Oct 28, 2026. https://etfiq.com/compare/any/fpx-vs-vo
ETFIQ. (Oct 28, 2026). FPX against VO. Retrieved from https://etfiq.com/compare/any/fpx-vs-vo
[FPX against VO (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/fpx-vs-vo)
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