FAPR vs IVV
FT Vest US Equity Buffer ETF - April vs iShares Core S&P 500 ETF
Which is better, FAPR or IVV?
Multi Alternative against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FAPR | IVV |
|---|---|---|
| Expense Ratio | 0.85% | 0.03%Best |
| AUM | $1.3B | $876.4B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 10 | 508 |
| YTD Return | +7.32% | +12.27%Best |
| 1Y Return | +10.07% | +17.04%Best |
| 3Y Return (annualized) | +13.01% | +21.24%Best |
| 5Y Return (annualized) | +8.76% | +13.08%Best |
| Volatility (annualized) | 9.0%Best | 15.3% |
| Max Drawdown | -16.0%Best | -24.5% |
| $10,000 over 5 years | $15,218 | $18,490Best |
| Fund Family | First Trust Portfolios (US) | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Apr 16, 2021 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 19, 2021 to Sep 17, 2026 (5.4 years).
FAPR vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.4 years both funds cover.
FAPR vs IVV Performance
FT Vest US Equity Buffer ETF - April (FAPR) is an ETF from First Trust Portfolios (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FAPR returned +10.07% while IVV returned +17.04%. Year to date, FAPR is up 7.32% versus a gain of 12.27% for IVV.
Over three years, FAPR compounded at +13.01% per year against +21.24% for IVV; over five years the annualized figures are +8.76% and +13.08% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 9.0% for FAPR. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -16.0% for FAPR and -24.5% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FAPR charges 0.85% per year while IVV charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, FAPR currently yields 0.00% against 1.06% for IVV.
You are not choosing between two funds in isolation.
Whichever of FAPR and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FAPR or IVV?
FAPR has an expense ratio of 0.85% while IVV charges 0.03%. IVV is the cheaper option, by $82 a year on a $10,000 investment.
Which performed better, FAPR or IVV?
Over the past year FAPR returned +10.07% vs +17.04% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FAPR or IVV?
IVV has been the more volatile fund at 15.3% annualized versus 9.0% for FAPR. Worst drawdown: FAPR -16.0% vs IVV -24.5%.
Should I hold both FAPR and IVV?
FAPR and IVV have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, FAPR or IVV?
FAPR yields 0.00% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than FAPR?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91. Which one suits a particular account depends on what it is for. This is information, not a recommendation.