Which returned more over the last year, FV or VO?

In the year to Nov 4, 2026, with distributions reinvested, FV returned +20.0% and VO +16.4%.

Which is cheaper, FV or VO?

VO is cheaper, by 0.86 percentage points a year. That is about $86 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do FV and VO overlap with the S&P 500?

By their latest filed holdings, 0% of FV and 91% of VO by weight is stocks the S&P 500 already holds.

Data as of Nov 4, 2026.

Across categories

FV vs VO: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Nov 4, 2026, FV returned +20.0% to VO's +16.4%; 0% of their weight is in the same names.

askIQ about this page

askIQ about FV and VO

Net assets: $3.8bn on Nov 3, 2026 for First Trust Dorsey Wright Focus 5 ETF, and $107.4bn on Oct 31, 2026 for Vanguard Morningstar Mid-Cap ETF.

FV on its own →VO on its own →

At a glance

+20.0%

FV total return, 1 year

+16.4%

VO total return, 1 year

0.89%

FV expense ratio

0.03%

VO expense ratio

Pair scorecard

VO costs 0.86 points a year less; their one-year returns differ by 3.6 points.

FV vs VO: Differences, Returns & Fees
Measure	FV	VO
Return
Measure	FV	VO
Total return, 1 year	+20.0%	+16.4%
Drawdown
Measure	FV	VO
Below its high	4.1%, high on Oct 28, 2026
Benchmark
Measure	FV	VO
What it tracks	Dorsey Wright Focus Five Index	Morningstar US Mid Cap Index (formerly CRSP US Mid Cap Index)
Cost and size
Measure	FV	VO
Expense ratio	0.89%	0.03%
Net assets, FV as of Nov 3, 2026 and VO as of Oct 31, 2026	$3.8bn	$107.4bn
Holdings
Measure	FV	VO
Holdings in common	0%
Top ten holdings, share of the fund	99.9%	9.7%

Method

What they share

By the books each fund has filed, FV and VO hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Nov 3, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first FV VO

Only in one fund ↓

Only in FV

First Trust Nasdaq Pharmaceuticals ETF 22.02%

First Trust NYSE® Arca® Biotechnology Index Fund 21.16%

First Trust Nasdaq Oil & Gas ETF 20.98%

First Trust Technology AlphaDEX® Fund 18.53%

First Trust NASDAQ-100-Technology Sector Index Fund 17.19%

Only in VO

Cloudflare Inc 1.11%

Valero Energy Corp 1.10%

Marathon Petroleum Corp 1.10%

Phillips 66 1.01%

Quanta Services Inc 0.95%

Vertiv Holdings Co 0.92%

Datadog Inc 0.91%

Howmet Aerospace Inc 0.89%

Check overlap with more funds →

Side by side

FV First Trust Dorsey Wright Focus 5 ETF VO Vanguard Morningstar Mid-Cap ETF

Where it sits Stock ETF Stock ETF

Issuer First Trust Vanguard

What it is Tracks an index Tracks an index of Mid-Cap

Total return, 1 year +20.0% +16.4%

Its benchmark over the same days +14.8% (VOO) not measured

Gap to its benchmark +5.2 pts vs VOO not measured

Expense ratio 0.89% 0.03%

Already in the S&P 500 0.0% 91.1%

Holdings 5 271

Net assets, FV as of Nov 3, 2026 and VO as of Oct 31, 2026 $3.8bn $107.4bn

FV and VO on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

Client brief:

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

About each fund

FV tracks an index. Over the year to Nov 4, 2026 it returned +20.0% with distributions reinvested, against +14.8% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.89% a year. By its holdings published by its issuer for Nov 3, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 5 positions, with the top ten at 99.9%. It sat 4.1% below its high of Oct 28, 2026 on Nov 4, 2026.

VO tracks an index of Mid-Cap. Over the year to Nov 4, 2026 it returned +16.4% 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 271 positions, with the top ten at 9.7%.

Questions people ask

Which returned more over the last year, FV or VO?: In the year to Nov 4, 2026, with distributions reinvested, FV returned +20.0% and VO +16.4%.
Which is cheaper, FV or VO?: VO is cheaper, by 0.86 percentage points a year. That is about $86 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FV and VO overlap with the S&P 500?: By their latest filed holdings, 0% of FV and 91% of VO by weight is stocks the S&P 500 already holds.

Other comparisons

FV vs IJH FV vs IWR FV vs VXF FV vs MDY JMEE vs VO VO vs XMHQ JHMM vs VO KOMP vs VO

Where to next

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

Sources and dates

FV filings on SEC EDGAR ↗

FV prospectus with the expense ratio (SEC) ↗

First Trust page for FV ↗

VO filings on SEC EDGAR ↗

VO prospectus with the expense ratio (SEC) ↗

Vanguard page for VO ↗

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, FV against VO, data as of Nov 4, 2026. https://etfiq.com/compare/any/fv-vs-vo

Open data →

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