Which returned more over the last year, FVD or VOE?

In the year to Oct 9, 2026, with distributions reinvested, FVD returned +6.6% and VOE +19.3%.

Which is cheaper, FVD or VOE?

VOE is cheaper, by 0.57 percentage points a year. On $10,000 held for a year that difference is about $57. Fees come from each fund's prospectus.

How much do FVD and VOE overlap with the S&P 500?

By their latest filed holdings, 63% of FVD and 96% of VOE by weight is stocks the S&P 500 already holds.

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FVD vs VOE: how they differ

FVD and VOE hold 25% of their weight in the same names, and VOE returned +19.3% over the year. First Trust Value Line Dividend Index Fund and Vanguard Morningstar Mid-Cap Value ETF.

VOE costs 0.57 points a year less; their one-year returns differ by 12.7 points; VOE is 3.0 times larger.

	FVD	VOE
Expense ratio	0.62%	0.05%
Net assets, FVD as of Oct 9, 2026 and VOE as of Sep 30, 2026	$7.6bn	$22.8bn
Total return, 1 year	+6.6%	+19.3%
Holdings in common	25%
Nasdaq-100, total return, 1 year	+23.6%
Top ten holdings, share of the fund	4.5%	13.9%
Below its high	6.1%, high on Aug 24, 2026	3.7%, high on Aug 14, 2026

Holdings in common uses holdings dated Aug 31, 2026 and Oct 9, 2026.

+6.6%

FVD total return, 1 year

+19.3%

VOE total return, 1 year

0.62%

FVD expense ratio

0.05%

VOE expense ratio

What they hold in common

By the books each fund has filed, FVD and VOE hold 25% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Aug 31, 2026 and Oct 9, 2026.

50%

half

25% in common

Positions both hold, largest shared weight first

Holding FVD VOE

Cboe Global Markets, Inc. 0.47% 0.52%

American International Group, Inc. 0.44% 0.66%

Keurig Dr Pepper Inc. 0.44% 0.68%

Public Service Enterprise Group Incorporated 0.44% 0.60%

TE Connectivity Plc 0.44% 0.99%

American Electric Power Company, Inc. 0.43% 0.55%

Becton, Dickinson and Company 0.43% 0.86%

Consolidated Edison, Inc. 0.43% 0.65%

Dover Corporation 0.43% 0.43%

Entergy Corporation 0.43% 0.84%

Kinder Morgan, Inc. 0.43% 0.51%

MetLife, Inc. 0.43% 0.86%

Only in FVD

Accenture plc 0.47%

Amgen Inc. 0.45%

Black Hills Corporation 0.45%

Cisco Systems, Inc. 0.45%

Emerson Electric Co. 0.45%

ExxonMobil Holdings Corp. 0.45%

Linde Plc 0.45%

MSC Industrial Direct Co., Inc. (Class A) 0.45%

Only in VOE

Marathon Petroleum Corp 1.80%

Valero Energy Corp 1.76%

Phillips 66 1.64%

SLB Ltd 1.49%

General Motors Co 1.29%

Target Corp 1.21%

Hewlett Packard Enterprise Co 1.15%

Warner Bros Discovery Inc 1.12%

Check overlap with more funds →

On the same fields

FVD

First Trust Value Line Dividend Index Fund

VOE

Vanguard Morningstar Mid-Cap Value ETF

Where it sits Stock ETF Stock ETF

Issuer First Trust Vanguard

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

Total return, 1 year +6.6% +19.3%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 −10.7 pts +2.1 pts

Expense ratio 0.62% 0.05%

Already in the S&P 500 62.7% 96.0%

Holdings 239 170

Net assets, FVD as of Oct 9, 2026 and VOE as of Sep 30, 2026 $7.6bn $22.8bn

FVD and VOE on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

FVD in plain words

FVD tracks an index. Over the year to Oct 9, 2026 it returned +6.6% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.62% a year. By its holdings published by its issuer for Oct 9, 2026, 63% of the fund by weight is stocks the S&P 500 also holds, across 239 positions, with the top ten at 4.5%. It sat 6.1% below its high of Aug 24, 2026 on Oct 9, 2026.

VOE in plain words

VOE tracks an index of Mid-Cap Value. Over the year to Oct 9, 2026 it returned +19.3% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Aug 31, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 170 positions, with the top ten at 13.9%. It sat 3.7% below its high of Aug 14, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, FVD or VOE?: In the year to Oct 9, 2026, with distributions reinvested, FVD returned +6.6% and VOE +19.3%.
Which is cheaper, FVD or VOE?: VOE is cheaper, by 0.57 percentage points a year. On $10,000 held for a year that difference is about $57. Fees come from each fund's prospectus.
How much do FVD and VOE overlap with the S&P 500?: By their latest filed holdings, 63% of FVD and 96% of VOE by weight is stocks the S&P 500 already holds.

Other comparisons

DVY vs FVD FVD vs SDY COWZ vs FVD FVD vs IWS FXO vs VOE FTXR vs VOE IJJ vs VOE NOBL vs VOE

FVD on its own →VOE on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

FVD filings on SEC EDGAR ↗FVD prospectus with the expense ratio (SEC) ↗First Trust page for FVD ↗VOE filings on SEC EDGAR ↗VOE prospectus with the expense ratio (SEC) ↗Vanguard page for VOE ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Cite this page

ETFIQ, FVD against VOE, data as of Oct 9, 2026. https://etfiq.com/compare/any/fvd-vs-voe

Open data

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