Core Insights - Fidelity High Dividend ETF (FDVV) offers a higher yield and better recent performance compared to Vanguard Dividend Appreciation ETF (VIG), which is characterized by lower costs, a broader portfolio, and significantly greater assets under management [2][3] Cost & Size Comparison - FDVV has an expense ratio of 0.15% while VIG is more affordable at 0.05% - The one-year return for FDVV is 17.7%, compared to VIG's 15.1% - FDVV has a dividend yield of 3.02%, significantly higher than VIG's 1.59% - Assets under management (AUM) for FDVV is $7.7 billion, while VIG has $120.4 billion [4][5] Performance & Risk Comparison - The maximum drawdown over five years for FDVV is (20.2%) and for VIG is (20.4%) - Growth of $1,000 over five years is $2,098 for FDVV and $1,713 for VIG [6] Portfolio Composition - VIG tracks 338 large-cap U.S. companies with a focus on technology (30%), financial services (21%), and healthcare (15%), with major holdings including Broadcom, Microsoft, and Apple [7] - FDVV holds 119 stocks with a tilt towards technology (26%), financial services (19%), and consumer defensive (12%), featuring top positions in Nvidia, Microsoft, and Apple [8][9] Investment Implications - Since 2016, FDVV and VIG have delivered nearly identical total returns, with FDVV gaining 13.2% annually and VIG rising 13.1% - Over the last year, three years, and five years, FDVV has outperformed VIG, largely due to its significant position in Nvidia, which has seen substantial growth [10]