FCFY vs VOOV: Grades, Fees and Holdings Compared

First Trust S&P 500 Diversified Free Cash Flow ETF

FCFYDNYSE Arca

Vanguard S&P 500 Value ETF

VOOVANYSE Arca

Overlap

12.9%by weight

Expense ratio

VOOV −0.53pt a year

FCFY0.60%VOOV0.07%

Avg volume · 30D

VOOV 60.0×the volume

FCFY1.15KVOOV68.7K

3Y return · a year

FCFY +1.2pt

FCFY+20.0%VOOV+18.8%

FCFY vs VOOV Performance

Oct 31, 2025 – Oct 30, 2026

+18.0%FCFY+16.6%VOOV

Expense ratio: FCFY 0.60%; VOOV 0.07%, better
Fund size: FCFY $2M; VOOV $6.8B
1Y total return: FCFY +18.0%, better; VOOV +16.6%
Yield (12M): FCFY 1.23%; VOOV 1.62%, better
Holdings: FCFY 101; VOOV 442
Avg volume (30D): FCFY 1.15K sh; VOOV 68.7K sh, better
NAV per share: FCFY $31.20; VOOV $231.14
52W range

ETF.net Grade

Pillar letters and Scores for FCFY, VOOV, with each pillar’s weight
Pillar	FCFY	VOOV
Cost30% weight	F20	A88Higher
Mission25% weight	C40	A87Higher
Risk15% weight	C44	A82Higher
Tradability15% weight	D36	C52Higher
Holdings10% weight	B58	B69Higher
Durability5% weight	D39	A85Higher

Rank among Other Major Indexes funds

How we build Categories ›

Same Category. FCFY and VOOV are both graded against the same 42 Other Major Indexes funds, so their Grades compare head to head.

Other Major Indexes⁠

Category · 42 funds

See all 42 ›

VOOV ranks 4th and FCFY 35th of 42 funds in the Other Major Indexes Category.

Rank 1ASPYVState Street SPDR Portfolio S&P 500 Value ETFScore 89
Rank 2ASCHKSchwab 1000 Index ETFScore 86
Rank 3APBUSInvesco MSCI USA ETFScore 85
Rank 4AVOOVVanguard S&P 500 Value ETFScore 79
Rank 4AVOTETCW Transform 500 ETFScore 79
Rank 33DWDAIPacer S&P World 3AI Top 300 ETFScore 36
Rank 35DFCFYFirst Trust S&P 500 Diversified Free Cash Flow ETFScore 35
Rank 35DSFYFSoFi Social 50 ETFScore 35

Our read on each fund

ETF.net Research

FCFYDFirst Trust S&P 500 Diversified Free Cash Flow ETF

VOOVAVanguard S&P 500 Value ETF

In short

FCFY Free cash flow screening on the S&P 500, with a twist: the cash-generation ranking runs inside each sector, then sector weights are held near the parent index. A cash-flow tilt that still looks like the market it came from.

VOOV Vanguard takes the S&P 500, sorts it by value traits, and hands you the cheap half: roughly 400 familiar large caps, one published index, seven basis points. A value tilt without leaving the blue-chip universe.

Stated mandate

FCFY The Fund seeks to track, before fees and expenses, the price and yield of the S&P 500® Sector-Neutral FCF Index. It normally invests at least 80% of net assets in index securities and generally uses full replication.

VOOV The fund seeks to track the performance of the S&P 500 Value Index.

Why people hold it

FCFY Sector-neutral by construction: the free cash flow screen is applied within sectors, so the portfolio keeps S&P 500-like sector weights instead of piling into whichever corner of the market is cash-rich this year.
Simple plumbing. A standard 1940 Act ETF that generally uses full replication and keeps at least 80% of net assets in index securities. No swaps, no sampling games.
Tighter than a broad index fund at roughly 100 stocks, so the cash-flow screen actually shows up in the portfolio. Distributions come on a quarterly cadence.

VOOV Charges 0.07% a year against a 0.45% median for its index-tracker peer group. The value tilt arrives without the usual factor-fund markup.
No manager discretion. It follows one published benchmark, the S&P 500 Value Index, holding roughly 400 large-cap names most investors already know.vanguard.com
Running since 2010 and now a multi-billion-dollar fund, it sits among the strongest implementations in its peer group of plain index wrappers.

Worth knowing

FCFY At 0.60% a year, it runs above the median fee for index-tracking ETFs in its peer group. Plain S&P 500 value funds such as SPYV (0.04%) and VOOV (0.07%) charge a small fraction of that.
A small fund that trades lightly. Spreads can be wider than on mega-cap index ETFs, which makes order type and timing more of a factor than the headline fee.
Launched in 2023, so the live record is short and covers only a narrow slice of market conditions.

VOOV SPYV tracks the same S&P 500 Value Index for 0.04%. Same benchmark, thinner fee.
You own one side of the index. When the growth half of the S&P 500 leads, this fund's path diverges from the headline benchmark.
Volume is moderate rather than heavy, so spreads can run wider than the busiest large-cap ETFs. Cash comes back quarterly, not monthly.

Full FCFY profile⁠

Full VOOV profile⁠

FCFY vs VOOV Holdings

How FCFY and VOOV differ

Overlap by weight

12.9%

Shared holdings make up 90.3% of FCFY and 13.6% of VOOV.

Level by level

Holdings90 in both12.9%
Sector11 Sectors75.0%
Asset classEquity100%
Countryby domicile100%

Sector

Sector weights in FCFY and VOOV, widest gap first
Sector	More in FCFYMore in VOOV	FCFY	VOOV
Technology	FCFY +18.7 points	41.5%	22.8%
Communication	FCFY +6.4 points	9.3%	2.9%
Financials	VOOV +5.0 points	9.7%	14.7%
Consumer Staples	VOOV +4.2 points	4.4%	8.6%
Health Care	VOOV +4.0 points	9.2%	13.2%
Industrials	VOOV +4.0 points	6.0%	10.0%
Utilities	VOOV +2.3 points	1.6%	3.9%
Energy	VOOV +1.8 points	5.9%	7.7%
Real Estate	VOOV +1.5 points	1.6%	3.1%
Materials	VOOV +1.4 points	1.9%	3.3%
Consumer Discretionary	VOOV +0.9 points	8.9%	9.8%

Country, concentration and asset class

Country by domicile

Country weights in FCFY and VOOV, widest gap first
Country	More in FCFYMore in VOOV	FCFY	VOOV
United States	Same weight	100.0%	100.0%

Concentration

Weight in the 10 largest Holdings

FCFY33.9%
VOOV24.8%

Securities held

FCFY100
VOOV437

Asset class

FCFY: Equity
VOOV: Equity

Holdings

Only in FCFY10
In both90
Only in VOOV347

Only in FCFY

10 securities, 9.7% of FCFY by weight

First Solar, Inc.2.44%
TKO Group Holdings, Inc. (Class A)2.05%
Expedia Group, Inc.1.17%
Vistra Corp.0.99%
Incyte Corporation0.75%
Las Vegas Sands Corp.0.59%
Booking Holdings Inc.0.56%
Uber Technologies, Inc.0.43%
Interactive Brokers Group, Inc. (Class A)0.41%
Newmont Corporation0.32%

Only in VOOV

347 securities, 86.3% of VOOV by weight

Apple Inc8.35%
Amazon.com Inc3.95%
ExxonMobil Holdings Corp2.30%
Intel Corp2.05%
Walmart Inc1.59%
Costco Wholesale Corp1.39%
Chevron Corp1.39%
Tesla Inc1.31%
Merck & Co Inc1.23%
Bank of America Corp1.22%
Procter & Gamble Co/The1.16%
UnitedHealth Group Inc1.13%
Home Depot Inc/The0.97%
JPMorgan Chase & Co0.97%
Visa Inc0.95%
Johnson & Johnson0.90%
Texas Instruments Inc0.88%
AbbVie Inc0.86%
Thermo Fisher Scientific Inc0.86%
Linde PLC0.75%
Cisco Systems Inc0.69%
Coca-Cola Co/The0.66%
Analog Devices Inc0.66%
Verizon Communications Inc0.65%
Walt Disney Co/The0.62%
PepsiCo Inc0.59%
Abbott Laboratories0.59%
Deere & Co0.58%
AT&T Inc0.57%
Eaton Corp PLC0.57%
Western Digital Corp0.56%
Dell Technologies Inc0.56%
Pfizer Inc0.56%
Union Pacific Corp0.56%
Charles Schwab Corp/The0.55%
NextEra Energy Inc0.54%
General Electric Co0.53%
Blackrock Inc0.52%
ConocoPhillips0.52%
Mastercard Inc0.51%
Palo Alto Networks Inc0.49%
Danaher Corp0.48%
Vertex Pharmaceuticals Inc0.46%
Philip Morris International Inc0.45%
Prologis Inc0.42%
Marvell Technology Inc0.42%
Chubb Ltd0.39%
Oracle Corp0.39%
Valero Energy Corp0.38%
Medtronic PLC0.38%

Weight gaps

All 90 Holdings in both funds, largest gap first.

Holding weights in FCFY and VOOV, widest gap first
Holding	More in FCFYMore in VOOV	FCFY	VOOV
GoDaddy Inc. (Class A)GDDY	FCFY +3.87 points	3.91%	0.04%
Intuit Inc.INTU	FCFY +3.63 points	3.74%	0.11%
Comcast Corporation (Class A)CMCSA	FCFY +3.45 points	3.71%	0.26%
Accenture plcACN	FCFY +3.37 points	3.76%	0.39%
Gartner, Inc.IT	FCFY +3.29 points	3.33%	0.04%
Adobe IncorporatedADBE	FCFY +3.18 points	3.51%	0.33%
Cognizant Technology Solutions CorporationCTSH	FCFY +3.08 points	3.17%	0.09%
Centene CorporationCNC	FCFY +2.94 points	3.05%	0.11%
HP Inc.HPQ	FCFY +2.82 points	2.92%	0.10%
Gen Digital Inc.GEN	FCFY +2.77 points	2.81%	0.04%
Omnicom Group Inc.OMC	FCFY +2.21 points	2.28%	0.07%
Roper Technologies, Inc.ROP	FCFY +2.00 points	2.12%	0.12%
Workday, Inc. (Class A)WDAY	FCFY +1.87 points	1.94%	0.07%
Autodesk, Inc.ADSK	FCFY +1.86 points	1.92%	0.06%
Synchrony FinancialSYF	FCFY +1.46 points	1.54%	0.08%
International Business Machines CorporationIBM	FCFY +1.43 points	1.77%	0.34%
Salesforce, Inc.CRM	FCFY +1.41 points	2.06%	0.65%
Aptiv PlcAPTV	FCFY +1.37 points	1.40%	0.03%
T-Mobile US, Inc.TMUS	FCFY +1.25 points	1.52%	0.27%
lululemon athletica inc.LULU	FCFY +1.04 points	1.07%	0.03%
Leidos Holdings, Inc.LDOS	FCFY +0.85 points	0.90%	0.05%
Prudential Financial, Inc.PRU	FCFY +0.85 points	0.98%	0.13%
Deckers Outdoor CorporationDECK	FCFY +0.84 points	0.88%	0.04%
Fidelity National Information Services, Inc.FIS	FCFY +0.80 points	0.86%	0.06%
APA CorporationAPA	FCFY +0.80 points	0.85%	0.05%
QUALCOMM IncorporatedQCOM	FCFY +0.75 points	1.43%	0.68%
The Kraft Heinz CompanyKHC	FCFY +0.74 points	0.81%	0.07%
Hasbro, Inc.HAS	FCFY +0.74 points	0.78%	0.04%
Best Buy Co., Inc.BBY	FCFY +0.71 points	0.77%	0.06%
The J.M. Smucker CompanySJM	FCFY +0.70 points	0.74%	0.04%
Expand Energy CorporationEXE	FCFY +0.66 points	0.73%	0.07%
American International Group, Inc.AIG	FCFY +0.65 points	0.78%	0.13%
The Allstate CorporationALL	FCFY +0.59 points	0.78%	0.19%
Dollar Tree, Inc.DLTR	FCFY +0.58 points	0.66%	0.08%
A.O. Smith CorporationAOS	FCFY +0.59 points	0.61%	0.02%
Brown-Forman CorporationBF.B	FCFY +0.56 points	0.58%	0.02%
Capital One Financial CorporationCOF	FCFY +0.55 points	0.96%	0.41%
Pentair plcPNR	FCFY +0.55 points	0.58%	0.03%
Stanley Black & Decker, Inc.SWK	FCFY +0.53 points	0.58%	0.05%
EQT CorporationEQT	FCFY +0.54 points	0.64%	0.10%
Everest Group, Ltd.EG	FCFY +0.54 points	0.58%	0.04%
Constellation Brands, Inc. (Class A)STZ	FCFY +0.50 points	0.56%	0.06%
Hormel Foods CorporationHRL	FCFY +0.50 points	0.52%	0.02%
D.R. Horton, Inc.DHI	FCFY +0.50 points	0.62%	0.12%
Masco CorporationMAS	FCFY +0.49 points	0.54%	0.05%
Align Technology, Inc.ALGN	FCFY +0.48 points	0.51%	0.03%
Fiserv, Inc.FISV	FCFY +0.48 points	0.56%	0.08%
PayPal Holdings, Inc.PYPL	FCFY +0.45 points	0.55%	0.10%
General Motors CompanyGM	FCFY +0.45 points	0.68%	0.23%
The Cigna GroupCI	FCFY +0.44 points	0.69%	0.25%
MetLife, Inc.MET	FCFY +0.43 points	0.60%	0.17%
DaVita Inc.DVA	FCFY +0.42 points	0.44%	0.02%
The Hartford Insurance Group, Inc.HIG	FCFY +0.43 points	0.54%	0.11%
Arch Capital Group Ltd.ACGL	FCFY +0.41 points	0.52%	0.11%
Biogen Inc.BIIB	FCFY +0.41 points	0.52%	0.11%
Broadridge Financial Solutions, Inc.BR	FCFY +0.40 points	0.46%	0.06%
General Dynamics CorporationGD	FCFY +0.39 points	0.53%	0.14%
Invesco Ltd.IVZ	FCFY +0.38 points	0.43%	0.05%
EOG Resources, Inc.EOG	FCFY +0.39 points	0.64%	0.25%
Cardinal Health, Inc.CAH	FCFY +0.38 points	0.56%	0.18%
Copart, Inc.CPRT	FCFY +0.38 points	0.46%	0.08%
Zoetis Inc.ZTS	FCFY +0.38 points	0.48%	0.10%
Snap-on IncorporatedSNA	FCFY +0.35 points	0.41%	0.06%
Wells Fargo & CompanyWFC	VOOV +0.34 points	0.49%	0.83%
CF Industries Holdings, Inc.CF	FCFY +0.34 points	0.40%	0.06%
Alexandria Real Estate Equities, Inc.ARE	FCFY +0.33 points	0.36%	0.03%
Otis Worldwide CorporationOTIS	FCFY +0.32 points	0.40%	0.08%
Citigroup Inc.C	VOOV +0.29 points	0.45%	0.74%
Lennox International Inc.LII	FCFY +0.29 points	0.33%	0.04%
Elevance Health Inc.ELV	FCFY +0.29 points	0.57%	0.28%
Paychex, Inc.PAYX	FCFY +0.28 points	0.39%	0.11%
L3Harris Technologies, Inc.LHX	FCFY +0.28 points	0.43%	0.15%
Albemarle CorporationALB	FCFY +0.27 points	0.31%	0.04%
Avery Dennison CorporationAVY	FCFY +0.25 points	0.29%	0.04%
NRG Energy, Inc.NRG	FCFY +0.24 points	0.26%	0.02%
Altria Group, Inc.MO	FCFY +0.22 points	0.61%	0.39%
LyondellBasell Industries N.V.LYB	FCFY +0.22 points	0.27%	0.05%
Lockheed Martin CorporationLMT	FCFY +0.21 points	0.57%	0.36%
UDR, Inc.UDR	FCFY +0.22 points	0.25%	0.03%
Gilead Sciences, Inc.GILD	FCFY +0.21 points	0.50%	0.29%
BXP, Inc.BXP	FCFY +0.21 points	0.24%	0.03%
Invitation Homes Inc.INVH	FCFY +0.19 points	0.24%	0.05%
United Parcel Service, Inc. (Class B)UPS	FCFY +0.18 points	0.42%	0.24%
FedEx CorporationFDX	FCFY +0.16 points	0.38%	0.22%
VICI Properties Inc.VICI	FCFY +0.16 points	0.25%	0.09%
Marathon Petroleum CorporationMPC	FCFY +0.16 points	0.54%	0.38%
Eversource EnergyES	FCFY +0.16 points	0.24%	0.08%
Simon Property Group, Inc.SPG	FCFY +0.12 points	0.25%	0.13%
CVS Health CorporationCVS	FCFY +0.09 points	0.47%	0.38%
Bristol-Myers Squibb CompanyBMY	FCFY +0.08 points	0.52%	0.44%

All 101 FCFY holdings⁠All 398 VOOV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FCFY vs VOOV Cost

Overpaying FCFY vs VOOV

$10,337

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

FCFY 0.60%
$11,817
VOOV 0.07%
$1,480

Amount$10,000

Years30 years

Cost over time

FCFY 0.60%
VOOV 0.07%
Overpaying

Year by year

Year	FCFY	VOOV	Overpaying
10	$1,076	$128	$948
20	$4,116	$503	$3,613
30	$11,817	$1,480	$10,337

Expense ratio

0.60%FCFY
0.07%VOOV, cheaper

VOOV0.07%FCFY0.60%

0.03%0.75%

Middle half of Other Major Indexes funds
Median 0.29%

VOOV 6th cheapest of 42 funds

FCFY 33rd cheapest of 42 funds

FCFY vs VOOV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): FCFY 1.23%; VOOV 1.62%, better
Payout (12M): FCFY $0.38; VOOV $3.75
Last payment: FCFY $0.08; VOOV $0.95
Ex-dividend: FCFY Sep 24, 2026; VOOV Sep 23, 2026
Paid on: FCFY Sep 30, 2026; VOOV Sep 25, 2026
Frequency: FCFY Quarterly; VOOV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

FCFYQuarterly · 12 paymentsAll FCFY payments⁠

VOOVQuarterly · 39 paymentsAll VOOV payments⁠

FCFY vs VOOV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: FCFY 15.7%VOOV 11.8%, better
Return per unit of riskSharpe ratio, 3 years: FCFY 0.97VOOV 1.15, better
Worst fallMax drawdown, 5 years: FCFY −21.4%since Aug 2023VOOV −18.1%
Market sensitivityBeta, 5 years: FCFY 0.99VOOV 0.84; Market = 1

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