FBCG vs IVV

FBCG vs IVV

Which is better, FBCG or IVV?

Large Cap Growth against Large Cap Blend.

IVV has a lower expense ratio. FBCG led over 3Y and the full window, IVV over 1Y and 5Y. The two have moved almost in lockstep, correlation 0.91. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 53.9%.

Lower Fees: IVVHigher Returns: splitLess Concentrated: IVV

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

MetricFBCGIVV
Expense Ratio0.57%0.03%Best
AUM$6.9B$876.4B
Dividend Yield0.04%1.06%
Holdings245508
YTD Return+11.37%+11.57%Best
1Y Return+16.36%+17.57%Best
3Y Return (annualized)+25.93%Best+20.71%
5Y Return (annualized)+12.56%+12.80%Best
Volatility (annualized)22.8%15.5%Best
Max Drawdown-43.6%-24.5%Best
$10,000 over 5 years$18,068$18,262Best
Top 10 Weight53.9%37.9%Best
Fund FamilyFidelity Investments (US)iShares by BlackRock (US)
CategoryEquityEquity
StyleLarge Cap GrowthLarge Cap Blend
InceptionJun 2, 2020May 15, 2000

Volatility and max drawdown are measured over the window both funds cover: Jun 4, 2020 to Sep 10, 2026 (6.3 years).

FBCG 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 6.3 years both funds cover.

FBCG vs IVV Performance

Fidelity Blue Chip Growth ETF (FBCG) is an ETF from Fidelity Investments (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FBCG returned +16.36% while IVV returned +17.57%. Year to date, FBCG is up 11.37% versus a gain of 11.57% for IVV.

Over three years, FBCG compounded at +25.93% per year against +20.71% for IVV; over five years the annualized figures are +12.56% and +12.80% respectively. Across the full 6-year window we track, FBCG has the edge at +19.60% annualized vs +16.70%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

FBCG has been the more volatile fund, with annualized monthly volatility of 22.8% compared with 15.5% for IVV. 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 -43.6% for FBCG 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

FBCG charges 0.57% per year while IVV charges 0.03%. On a $10,000 position that is $57 vs $3 annually, a gap of $54 per year that compounds over a long holding period. On income, FBCG currently yields 0.04% against 1.06% for IVV.

Holdings Overlap

FBCG already in IVV83.6%
IVV already in FBCG63.9%

83.6% of FBCG's money is in holdings IVV also owns. 63.9% of IVV's money is in holdings FBCG also owns.

Most of FBCG is already inside IVV. Owning both mostly buys the same companies twice.

113 positions in common, counted across the 242 positions we hold weights for in FBCG and 505 in IVV, against full books of 245 and 508.

What only one of them owns

Our book lists 383 positions for IVV that do not appear in our book for FBCG (35.5% of the fund), and 83 for FBCG that do not appear in IVV (11.1%).

Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.

Top Shared Holdings

StockWeight in FBCGWeight in IVVDifference
NVDANvidia Corp.13.94%7.98%5.96%
AAPLApple, Inc9.13%6.86%2.27%
GOOGLAlphabet A Usd 0.0018.51%3.19%5.32%
AMZNAmazon.Com Inc6.63%4.01%2.62%
MSFTMicrosoft Corp 4.100 Feb 06 373.68%5.44%1.76%
AVGOBroadcom Inc3.79%2.98%0.81%
LLYEli Lilly & Co.2.72%1.39%1.33%
METAMeta Platforms, Inc.1.76%1.94%0.18%
MUMicron Technology, Inc.2.05%1.51%0.54%
TSLATesla Inc1.62%1.36%0.26%

83.6% of FBCG is already inside IVV.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

FBCGIVV

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Frequently Asked Questions

Which is cheaper, FBCG or IVV?

FBCG has an expense ratio of 0.57% while IVV charges 0.03%. IVV is the cheaper option, by $54 a year on a $10,000 investment.

Which performed better, FBCG or IVV?

Over the past year FBCG returned +16.36% vs +17.57% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (6 years), FBCG annualized +19.60% vs +16.70% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, FBCG or IVV?

FBCG has been the more volatile fund at 22.8% annualized versus 15.5% for IVV. Worst drawdown: FBCG -43.6% vs IVV -24.5%.

Should I hold both FBCG and IVV?

FBCG 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.

What is the holdings overlap between FBCG and IVV?

83.6% of FBCG's money is in holdings IVV also owns. 63.9% of IVV's is in holdings FBCG also owns. They hold 113 positions in common, counted across the 242 positions we hold weights for in FBCG and 505 in IVV.

Which pays a higher dividend, FBCG or IVV?

FBCG yields 0.04% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.

Is IVV better than FBCG?

IVV has a lower expense ratio. FBCG led over 3Y and the full window, IVV over 1Y and 5Y. The two have moved almost in lockstep, correlation 0.91. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 53.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.