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Personal Investments • Re: What's the deal with Fidelity's FDVV?

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When I backtest FDVV vs. VOO using Portfolio Visualizer, from 2017 through today, VOO wins. Only when I change the start year to 2021 does FDVV win. That's not enough time for me to conclude "yes, FDVV is the superior fund."
Yup. Taking the maximum time frame available (Sep 2016 to today), VOO outperforms. So not sure why one would assign special prominence to FDVV.
Look, hate to put it this way, no one cares about the inception to current performance but the most recent 1-3-5 year performance. As I pointed out in the posts above. FDVV has outperformed the S&P 500 rather handily on such basis both on a rolling and calendar-year basis. Once again, it's so beguiling why some would go all the way back 8 years to judge an ETF when most people care how it did the last 5 years. It underperformed the first few months. So?
I'm a bit surprised. I don't even consider historical results but if I did, I'd be looking for long term success - at 25-30 years, performance starts to get interesting.

Statistics: Posted by jebmke — Mon Aug 26, 2024 7:51 am



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