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

In the year to Oct 9, 2026, with distributions reinvested, FXO returned +7.9% and VOE +19.3%.

Which is cheaper, FXO or VOE?

VOE is cheaper, by 0.55 percentage points a year. On $10,000 held for a year that difference is about $55. Fees come from each fund's prospectus.

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

By their latest filed holdings, 41% of FXO and 96% of VOE by weight is stocks the S&P 500 already holds.

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FXO vs VOE: how they differ

FXO and VOE hold 12% of their weight in the same names, and VOE returned +19.3% over the year. First Trust Financials AlphaDEX Fund and Vanguard Morningstar Mid-Cap Value ETF.

VOE costs 0.55 points a year less; their one-year returns differ by 11.4 points; VOE is far larger, $22.8bn against $1.0bn.

	FXO	VOE
Expense ratio	0.60%	0.05%
Net assets, FXO as of Oct 9, 2026 and VOE as of Sep 30, 2026	$1.0bn	$22.8bn
Total return, 1 year	+7.9%	+19.3%
Holdings in common	12%
Nasdaq-100, total return, 1 year	+23.6%
Top ten holdings, share of the fund	17.1%	13.9%
Below its high	7.1%, high on Sep 3, 2026	3.7%, high on Aug 14, 2026

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

+7.9%

FXO total return, 1 year

+19.3%

VOE total return, 1 year

0.60%

FXO expense ratio

0.05%

VOE expense ratio

What they hold in common

By the books each fund has filed, FXO and VOE hold 12% 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

12% in common

Positions both hold, largest shared weight first

Holding FXO VOE

The Allstate Corporation 1.68% 1.10%

Aflac Incorporated 0.95% 0.88%

Ameriprise Financial, Inc. 0.95% 0.83%

American International Group, Inc. 1.69% 0.66%

The Travelers Companies, Inc. 1.28% 0.64%

The Hartford Insurance Group, Inc. 1.72% 0.62%

Prudential Financial, Inc. 0.62% 0.68%

Northern Trust Corporation 0.92% 0.54%

Arch Capital Group Ltd. 1.69% 0.54%

Truist Financial Corporation 1.24% 0.51%

M&T Bank Corporation 1.24% 0.48%

Cincinnati Financial Corporation 1.67% 0.44%

Only in FXO

Chime Financial, Inc. (Class A) 1.84%

MGIC Investment Corporation 1.73%

RenaissanceRe Holdings Ltd. 1.70%

Berkshire Hathaway Inc. (Class B) 1.69%

Assured Guaranty Ltd. 1.68%

Axis Capital Holdings Limited 1.67%

Old Republic International Corporation 1.67%

White Mountains Insurance Group Ltd. 1.67%

Only in VOE

Marathon Petroleum Corp 1.80%

Valero Energy Corp 1.76%

Phillips 66 1.64%

SLB Ltd 1.49%

Cummins Inc 1.29%

General Motors Co 1.29%

Target Corp 1.21%

Hewlett Packard Enterprise Co 1.15%

Check overlap with more funds →

On the same fields

FXO

First Trust Financials AlphaDEX 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 +7.9% +19.3%

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

Gap to the S&P 500 −9.3 pts +2.1 pts

Expense ratio 0.60% 0.05%

Already in the S&P 500 40.9% 96.0%

Holdings 105 170

Net assets, FXO as of Oct 9, 2026 and VOE as of Sep 30, 2026 $1.0bn $22.8bn

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

FXO in plain words

FXO tracks an index. Over the year to Oct 9, 2026 it returned +7.9% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.60% a year. By its holdings published by its issuer for Oct 9, 2026, 41% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 17.1%. It sat 7.1% below its high of Sep 3, 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, FXO or VOE?: In the year to Oct 9, 2026, with distributions reinvested, FXO returned +7.9% and VOE +19.3%.
Which is cheaper, FXO or VOE?: VOE is cheaper, by 0.55 percentage points a year. On $10,000 held for a year that difference is about $55. Fees come from each fund's prospectus.
How much do FXO and VOE overlap with the S&P 500?: By their latest filed holdings, 41% of FXO and 96% of VOE by weight is stocks the S&P 500 already holds.

Other comparisons

DVY vs FXO FXO vs SDY COWZ vs FXO FXO vs VFLO PEY vs VOE FTXR vs VOE VFMF vs VOE IMCV vs VOE

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

Where these figures came from

FXO filings on SEC EDGAR ↗FXO prospectus with the expense ratio (SEC) ↗First Trust page for FXO ↗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, FXO against VOE, data as of Oct 9, 2026. https://etfiq.com/compare/any/fxo-vs-voe

Open data

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