FBY vs IVV
YieldMax META Option Income Strategy ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | FBY | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.06% | 0.03% | |
| AUM | $109M | $865.2B | |
| Dividend Yield | 59.17% | 1.09% | |
| Holdings | 18 | 508 | |
| YTD Return | -12.39% | +13.72% | |
| 1Y Return | -25.78% | +21.64% | |
| 3Y Return (annualized) | +15.40% | +21.55% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | 25.2% | 15.1% | |
| Max Drawdown | -31.5% | -56.5% | |
| Fund Family | YieldMax ETF | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 27, 2023 | May 15, 2000 |
FBY vs IVV Performance
YieldMax META Option Income Strategy ETF (FBY) is a ETF from YieldMax ETF and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FBY returned -25.78% while IVV returned +21.64%. Year to date, FBY is down 12.39% versus a gain of 13.72% for IVV.
Over three years, FBY compounded at +15.40% per year against +21.55% for IVV. Across the full 3-year window we track, FBY has the edge at +13.53% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FBY has been the more volatile fund, with annualized monthly volatility of 25.2% compared with 15.1% 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 -31.5% for FBY and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.64. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FBY charges 1.06% per year while IVV charges 0.03%. On a $10,000 position that is $106 vs $3 annually, a gap of $103 per year that compounds over a long holding period. On income, FBY currently yields 59.17% against 1.09% for IVV.
Holdings Overlap
FBY and IVV share 0 holdings out of 507 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FBY or IVV?
FBY has an expense ratio of 1.06% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $103 per year of difference.
Which performed better, FBY or IVV?
Over the past year FBY returned -25.78% vs +21.64% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (3 years), FBY annualized +13.53% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, FBY or IVV?
FBY has been the more volatile fund at 25.2% annualized versus 15.1% for IVV. Worst drawdown: FBY -31.5% vs IVV -56.5%.
Should I hold both FBY and IVV?
FBY and IVV have a monthly-return correlation of 0.64, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FBY and IVV?
FBY and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, FBY or IVV?
FBY yields 59.17% while IVV yields 1.09%, so FBY currently pays the higher dividend yield.
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