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VOvsFEXETF Comparison
Vanguard Mid-Cap ETF (VO) belongs to the US Mid Cap segment. First Trust Large Cap Core AlphaDEX Fund ETF (FEX) is part of the US Multi-Factor segment. VO's top 3 sector exposures are Industrials, Information Technology and Financials. In contrast, FEX's top sector exposures are Financials, Industrials and Information Technology. VO is less expensive with a Total Expense Ratio (TER) of 0.03%, versus 0.57% for FEX. VO is down -0.39% year-to-date (YTD) with +$1.84B in YTD flows. FEX performs better with 2.46% YTD performance, and -$18M in YTD flows. Run a side-by-side ETF comparison of VO and FEX below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
VO vs FEX performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | VO FEX | -3.12%-3.48% | -1.41%+1.99% | -0.39%+2.46% | +15.12%+22.20% | +49.84%+63.08% | +39.40%+61.08% |
| Flows | VO FEX | +$1.10B+$90K | +$2.97B-$18M | +$1.84B-$18M | +$10.48B-$76M | +$19.27B-$243M | +$28.97B-$212M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | VO FEX | +13.14%+12.05% | +17.74%+17.93% | +14.89%+14.96% | +17.56%+16.84% |
| Max drawdown | VO FEX | -5.86%-4.90% | -13.44%-13.48% | -18.93%-19.51% | -27.54%-21.53% |
| Max drawdown duration | VO FEX | 14d18d | 46d46d | 211d232d | 972d757d |
VO | FEX | |
Last sale 3/13/2026 at 1:30 PM | $288.93 | $121.30 |
| Previous close 03/12/2026 | $289.14 | $121.44 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
VO | FEX | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
VO | FEX | |
|---|---|---|
| Last price | $288.93 | $121.30 |
| 1D performance | -0.07% | -0.12% |
| AuM | $92.17 B | $1.39 B |
| E/R | 0.03% | 0.57% |
VO | FEX | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Vanguard | First Trust |
| Benchmark | CRSP U.S. Mid Cap Index | NASDAQ AlphaDEX Large Cap Core Index |
| N° of holdings | 270 | 356 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 26, 2004 | May 8, 2007 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the VO and FEX ETFs performed in 2026?
As of March 12, 2026, VO is down -0.39% year-to-date (YTD), while FEX has returned 2.46%. That puts FEX better performer ahead so far this year.
Which ETF is attracting more investor money: VO or FEX?
Year-to-date, the VO ETF saw +$1.84B in flows, compared to -$18M for FEX.
Which ETF is more volatile: VO or FEX?
Over the past year, VO had a volatility of 17.74%, while FEX experienced 17.93%.
Which ETF is bigger: VO or FEX?
As of March 12, 2026, VO holds $92.17 B in assets under management (AUM), while FEX manages $1.39 B.
What sectors do the VO and FEX ETFs invest in?
VO leans toward sectors like Industrials, Information Technology and Financials. Meanwhile, FEX focuses on Financials, Industrials and Information Technology.
What are the top holdings of the VO ETF and FEX ETF?
VO top holdings include NEWMONT CORP, CONSTELLATION ENERGY CORP and SEAGATE TECHNOLOGY HOLDINGS PLC. FEX holds in its top three: SEAGATE TECHNOLOGY HOLDINGS PLC, KYG3730V1059 and SCHLUMBERGER.
Which ETF is more diversified: VO or FEX?
VO holds 287 securities with 13.18% of its assets in the top 15. FEX has 374 securities and a top 15 weight of 7.76%.
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