FCOM vs VOX: Grades, Fees and Holdings Compared

Fidelity MSCI Communication Services Index ETF

FCOMBNYSE Arca

Vanguard Communication Services ETF

VOXBNYSE Arca

Overlap

92.9%by weight

Expense ratio

FCOM −0.01pt a year

FCOM0.08%VOX0.09%

Avg volume · 30D

VOX 1.2×the volume

FCOM277KVOX331K

10Y return · a year

FCOM +2.2pt

FCOM+10.3%VOX+8.1%

FCOM vs VOX Performance

Oct 29, 2021 – Oct 30, 2026

+26.5%FCOM+27.2%VOX

Expense ratio: FCOM 0.08%, better; VOX 0.09%
Fund size: FCOM $1.78B; VOX $6.3B
1Y total return: FCOM −7.6%; VOX −7.3%, better
Yield (12M): FCOM 1.05%; VOX 1.09%, better
Holdings: FCOM 91; VOX 113
Avg volume (30D): FCOM 277K sh; VOX 331K sh, better
NAV per share: FCOM $64.65; VOX $171.35
52W range

ETF.net Grade

Pillar letters and Scores for FCOM, VOX, with each pillar’s weight
Pillar	FCOM	VOX
Cost30% weight	A90Higher	A76
Mission25% weight	Not scored	Not scored
Risk15% weight	C49Higher	C47
Tradability15% weight	B66Higher	C53
Holdings10% weight	C47Higher	C40
Durability5% weight	B65	A87Higher

Rank among Communication Services (Broad) funds

How we build Categories ›

Same Category. FCOM and VOX are both graded against the same 9 Communication Services (Broad) funds, so their Grades compare head to head.

Communication Services (Broad)⁠

Category · 9 funds

See all 9 ›

FCOM ranks 2nd and VOX 3rd of 9 funds in the Communication Services (Broad) Category.

Rank 1AXLCState Street Communication Services Select Sector SPDR ETFScore 76
Rank 2BFCOMFidelity MSCI Communication Services Index ETFScore 69
Rank 3BVOXVanguard Communication Services ETFScore 61
Rank 4BVOXPVox Populi ETFScore 60

Our read on each fund

ETF.net Research

FCOMBFidelity MSCI Communication Services Index ETF

VOXBVanguard Communication Services ETF

In short

FCOM Communication services without the mega-cap chokehold: FCOM tracks an MSCI index that reaches past the giants into mid and small caps, with 25/50 caps on the biggest names, for 0.08% a year.

VOX Communication services across the whole cap range, not just the S&P 500 slice: Vanguard's index reaches down into mid- and small-cap media and telecom, roughly 120 names, at nine basis points. Running since 2004.

Stated mandate

FCOM The fund seeks to track the performance of the MSCI USA IMI Communication Services 25/50 Index.

VOX The fund seeks to track a benchmark index measuring the investment return of communication-services stocks.

Why people hold it

FCOM 0.08% a year against a 0.37% median for the group: level with XLC, a hair under VOX.
About 110 holdings through MSCI's investable market index, so mid and small cap media and telecom names ride along, not just the household giants.
The index's 25/50 caps limit how heavy any single position can get, a guardrail in a sector where a few names carry most of the weight.
Running since 2013 in Fidelity's index lineup, and it has tracked its benchmark closely, one of the stronger implementations in its peer group.

VOX 0.09% a year, a basis point off the cheapest rivals (XLC, FCOM) and well under the 0.37% median for this group of funds.
Tracks an MSCI investable-market index: large, mid and small caps, roughly 120 stocks. S&P 500-based rivals like XLC start and stop at large caps.vanguard.com ssga.com
Full replication where possible, holding each stock at about its index weight, with sampling used only if regulatory limits get in the way.vanguard.com

Worth knowing

FCOM Communication services is a narrow slice of the market, and the same handful of search, streaming and telecom giants dominate it however the weights are capped.
Moderately traded rather than the category's volume leader, so spreads can run wider than at the busiest fund on the shelf.
Distributions arrive quarterly, and the mandate is sector exposure, not income.

VOX The sector is top-heavy, so the index applies RIC caps: no issuer above 25%, and all issuers over 5% capped at 50% combined. A few giants still set the pace.msci.com
A single US sector and a non-diversified fund, so it rides media, entertainment and telecom rather than the broad market. Distributions come quarterly.vanguard.com

Full FCOM profile⁠

Full VOX profile⁠

FCOM vs VOX Holdings

How FCOM and VOX differ

Overlap by weight

92.9%

Shared holdings make up 98.9% of FCOM and 95.0% of VOX.

Level by level

Holdings78 in both92.9%
Asset classEquity100%
Countryby domicile99.7%

Sector

No Sector split for VOX.

Country, concentration and asset class

Country by domicile

Country weights in FCOM and VOX, widest gap first
Country	More in FCOMMore in VOX	FCOM	VOX
United States	VOX +0.3 points	99.7%	100.0%
Canada	FCOM +0.2 points	0.2%	0.0%
Belgium	FCOM +0.2 points	0.2%	0.0%

Concentration

Weight in the 10 largest Holdings

FCOM71.3%
VOX71.4%

Securities held

FCOM91
VOX112

Asset class

FCOM: Equity
VOX: Equity

Holdings

Only in FCOM13
In both78
Only in VOX34

Only in FCOM

13 securities, 3.0% of FCOM by weight

Securities Lending Cf2.00%
People Inc0.14%
Wiley (John) & Sons Inc Class A0.13%
Ziff Davis Inc0.12%
State Street 60 Day Money Mark0.12%
Msg Rangers Corp0.11%
Zoominfo Technologies Inc0.07%
Stubhub Holdings Inc A0.07%
Liberty Latin America Ltd Class C0.06%
Trump Media & Technology Group0.06%
Array Digital Infrastructure I0.03%
Entravision Commun Crp Class A0.03%
Liberty Latin America Ltd Class A0.02%

Only in VOX

34 securities, 4.7% of VOX by weight

Warner Bros Discovery Inc2.74%
SLBBH11420.52%
News Corp0.21%
Warner Music Group Corp0.20%
People Inc0.15%
Paramount Skydance Corp0.13%
Ziff Davis Inc0.11%
John Wiley & Sons Inc0.11%
Trump Media & Technology Group Corp0.09%
Liberty Latin America Ltd0.06%
ZoomInfo Technologies Inc0.05%
PubMatic Inc0.04%
Marcus Corp/The0.04%
Clear Channel Outdoor Holdings Inc0.03%
Array Digital Infrastructure Inc0.03%
Gray Media Inc0.02%
AMC Global Media Inc0.02%
MNTN Inc0.02%
Boston Omaha Corp0.02%
ATN International Inc0.02%
fuboTV Inc0.02%
Bumble Inc0.01%
Liberty Latin America Ltd0.01%
Spok Holdings Inc0.01%
iHeartMedia Inc0.01%
ZipRecruiter Inc0.01%
Angi Inc<0.01%
EW Scripps Co/The<0.01%
National CineMedia Inc<0.01%
Shutterstock Inc<0.01%
Advantage Solutions Inc<0.01%
TechTarget Inc<0.01%
Cable One Inc<0.01%
Vivid Seats Inc<0.01%

Weight gaps

All 78 Holdings in both funds, largest gap first.

Holding weights in FCOM and VOX, widest gap first
Holding	More in FCOMMore in VOX	FCOM	VOX
Alphabet Inc Class AGOOGL	VOX +0.91 points	13.11%	14.02%
Disney (Walt) CoDIS	FCOM +0.86 points	5.13%	4.27%
Roblox CorpRBLX	FCOM +0.62 points	2.13%	1.51%
Comcast Corp Class ACMCSA	FCOM +0.47 points	2.89%	2.42%
Meta Platforms Inc Class AMETA	VOX +0.47 points	24.93%	25.40%
Alphabet Inc Class CGOOG	VOX +0.46 points	7.26%	7.72%
Fox Corp Class AFOXA	FCOM +0.32 points	0.86%	0.54%
Verizon Communications IncVZ	FCOM +0.32 points	4.37%	4.05%
Space Exploration Tech Corp ASPCX	FCOM +0.32 points	3.21%	2.89%
Omnicom Group IncOMC	FCOM +0.31 points	1.55%	1.24%
Live Nation Entertainment IncLYV	FCOM +0.30 points	1.87%	1.57%
Roku Inc Class AROKU	FCOM +0.19 points	1.38%	1.19%
Echostar Corp Class AECHO	FCOM +0.17 points	0.86%	0.69%
Take-Two Interactv Softwr IncTTWO	FCOM +0.16 points	1.95%	1.79%
Liberty Media Corp Class CFWONK	FCOM +0.16 points	1.32%	1.16%
New York Times Co Class ANYT	FCOM +0.13 points	0.68%	0.55%
T-Mobile Us IncTMUS	FCOM +0.12 points	2.57%	2.45%
Match Group IncMTCH	FCOM +0.11 points	0.63%	0.52%
News Corp New Class ANWSA	FCOM +0.10 points	0.71%	0.61%
Pinterest Inc Class APINS	FCOM +0.10 points	0.60%	0.50%
Ast Spacemobile IncASTS	VOX +0.09 points	0.76%	0.85%
Tko Group Holdings IncTKO	FCOM +0.08 points	0.74%	0.66%
Charter Communications Inc ACHTR	FCOM +0.09 points	0.80%	0.71%
Sirius Xm Holdings IncSIRI	FCOM +0.08 points	0.36%	0.28%
Fox Corporation BFOX	FCOM +0.07 points	0.51%	0.44%
Trade Desk IncTTD	FCOM +0.07 points	0.37%	0.30%
Snap Inc - ASNAP	FCOM +0.06 points	0.40%	0.34%
Nexstar Media Group IncNXST	FCOM +0.05 points	0.33%	0.28%
Liberty Live Holdings Inc CLLYVK	FCOM +0.05 points	0.31%	0.26%
Cinemark Holdings IncCNK	FCOM +0.05 points	0.28%	0.23%
Applovin CorpAPP	FCOM +0.05 points	2.37%	2.32%
Msg Knickerbockers CorpMSGS	VOX +0.04 points	0.33%	0.37%
Netflix IncNFLX	FCOM +0.04 points	3.82%	3.78%
Lionsgate Studios CorpLION	FCOM +0.05 points	0.17%	0.13%
Globalstar IncGSAT	FCOM +0.04 points	0.29%	0.25%
Reddit Inc ARDDT	FCOM +0.04 points	1.02%	0.98%
Versant Media Group Inc - AVSNT	FCOM +0.03 points	0.29%	0.26%
Madison Square Garden EntertaiMSGE	FCOM +0.03 points	0.21%	0.18%
Telephone & Data Systems IncTDS	FCOM +0.03 points	0.22%	0.19%
Amc Entertainment Hlds Class AAMC	FCOM +0.02 points	0.18%	0.16%
AT&T IncT	VOX +0.03 points	4.02%	4.05%
Niq Global Intelligence PLCNIQ	FCOM +0.02 points	0.09%	0.07%
Iridium Communications IncIRDM	FCOM +0.03 points	0.29%	0.26%
Cargurus Inc Class ACARG	FCOM +0.03 points	0.16%	0.13%
Uniti Group IncUNIT	VOX +0.02 points	0.05%	0.07%
Liberty Live Holdings Inc ALLYVA	FCOM +0.02 points	0.12%	0.10%
Stagwell IncSTGW	FCOM +0.02 points	0.06%	0.04%
Anterix IncATEX	FCOM +0.02 points	0.07%	0.05%
Idt Corp Class B NewIDT	FCOM +0.01 points	0.11%	0.10%
Doubleverify Holdings IncDV	FCOM +0.01 points	0.12%	0.11%
Quinstreet IncQNST	FCOM +0.01 points	0.06%	0.05%
Tripadvisor IncTRIP	FCOM +0.01 points	0.06%	0.05%
Mediaalpha Inc Class AMAX	FCOM +0.01 points	0.03%	0.02%
Atlanta Braves Holdings IncBATRK	FCOM +0.01 points	0.16%	0.15%
Ibotta IncIBTA	FCOM +0.01 points	0.03%	0.02%
Yelp IncYELP	Same weight	0.06%	0.06%
Everquote Inc Class AEVER	FCOM +0.01 points	0.04%	0.03%
Sphere Entertainment CoSPHR	VOX +0.01 points	0.20%	0.21%
Imax CorpIMAX	FCOM +0.01 points	0.16%	0.15%
Lumen Technologies IncLUMN	VOX +0.01 points	0.31%	0.32%
Scholastic CorpSCHL	FCOM +0.01 points	0.04%	0.03%
Cars.com IncCARS	FCOM +0.01 points	0.04%	0.03%
Rum Group IncRUM	Same weight	0.04%	0.04%
Usa Today Co IncTDAY	Same weight	0.05%	0.05%
Taboola.com LtdTBLA	Same weight	0.03%	0.03%
Newsmax IncNMAX	VOX +0.01 points	0.02%	0.03%
Sinclair Inc Class ASBGI	Same weight	0.03%	0.03%
Gogo IncGOGO	Same weight	0.01%	<0.01%
Liberty Global Ltd Class ALBTYA	Same weight	0.09%	0.09%
Liberty Global Ltd CLBTYK	VOX +0.01 points	0.06%	0.07%
Liberty Capital Corp CGLIBK	Same weight	0.05%	0.05%
Cogent Communications Hold IncCCOI	Same weight	0.02%	0.02%
Nextdoor Holdings IncNXDR	FCOM +0.01 points	0.04%	0.03%
Grindr IncGRND	Same weight	0.03%	0.03%
Magnite IncMGNI	FCOM +0.01 points	0.21%	0.21%
Atlanta Braves Holdings In-ABATRA	Same weight	0.02%	0.02%
Shenandoah Telecom CoSHEN	Same weight	0.03%	0.03%
Bandwidth.comBAND	Same weight	0.10%	0.10%

All 109 FCOM holdings⁠All 116 VOX 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.

FCOM vs VOX Cost

Overpaying VOX vs FCOM

$125

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

FCOM 0.084%
$1,773
VOX 0.09%
$1,898

Amount$10,000

Years30 years

Cost over time

FCOM 0.084%
VOX 0.09%
Overpaying

Year by year

Year	FCOM	VOX	Overpaying
10	$154	$165	$11
20	$603	$646	$43
30	$1,773	$1,898	$125

Expense ratio

0.08%FCOM, cheaper
0.09%VOX

FCOM0.08%VOX0.09%

0.08%0.50%

Middle half of Communication Services (Broad) funds
Median 0.35%

FCOM 2nd cheapest of 9 funds

VOX 3rd cheapest of 9 funds

FCOM vs VOX Dividends

Last 12 months to Oct 30, 2026

Yield (12M): FCOM 1.05%; VOX 1.09%, better
Payout (12M): FCOM $0.68; VOX $1.86
Last payment: FCOM $0.18; VOX $0.36
Ex-dividend: FCOM Sep 18, 2026; VOX Sep 23, 2026
Paid on: FCOM Sep 22, 2026; VOX Sep 25, 2026
Frequency: FCOM Quarterly; VOX Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

FCOMQuarterly · 39 paymentsAll FCOM payments⁠

VOXQuarterly · 39 paymentsAll VOX payments⁠

FCOM vs VOX Risk

Fall from peak · 5 years

FCOM
VOX

Risk facts

VolatilityStd dev, 3 years: FCOM 16.3%VOX 16.3%
Return per unit of riskSharpe ratio, 3 years: FCOM 0.91VOX 0.91
Worst fallMax drawdown, 5 years: FCOM −44.6%, betterVOX −44.7%
Market sensitivityBeta, 5 years: FCOM 1.05VOX 1.05; Market = 1

FCOM and VOX in the news

All news⁠

News
WBD rises 9.9% as Paramount is said to settle states' Warner Bros. suit
Sep 21, 2026FCOMVOX
News
Ireland fines Google €403 million over location data and orders a six-month fix
Sep 21, 2026VOX

Popular comparisons

FCOMBvsXLCA
Fidelity MSCI Communication Services Index ETF · State Street Communication Services Select Sector SPDR ETF
Expense ratio
0.08% · 0.08%
Category
VOXBvsXLCA
Vanguard Communication Services ETF · State Street Communication Services Select Sector SPDR ETF
Expense ratio
0.09% · 0.08%
Category
FCOMBvsVOXPB
Fidelity MSCI Communication Services Index ETF · Vox Populi ETF
Expense ratio
0.08% · 0.30%
Category
VOXBvsVOXPB
Vanguard Communication Services ETF · Vox Populi ETF
Expense ratio
0.09% · 0.30%
Category
FCOMBvsIYZC
Fidelity MSCI Communication Services Index ETF · iShares U.S. Telecommunications ETF
Expense ratio
0.08% · 0.37%
Category
VOXBvsIYZC
Vanguard Communication Services ETF · iShares U.S. Telecommunications ETF
Expense ratio
0.09% · 0.37%
Category

FCOM vs VOX

In short

Stated mandate

Why people hold it

Worth knowing

How FCOM and VOX differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FCOM

Only in VOX

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

WBD rises 9.9% as Paramount is said to settle states' Warner Bros. suit

Ireland fines Google €403 million over location data and orders a six-month fix

How FCOM and VOX differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FCOM

Only in VOX

Weight gaps