FBY vs IVV
YieldMax META Option Income Strategy ETF vs iShares Core S&P 500 ETF
Which is better, FBY or IVV?
Option Writing against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window.
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 | FBY | IVV |
|---|---|---|
| Expense Ratio | 1.06% | 0.03%Best |
| AUM | $88M | $876.4B |
| Dividend Yield | 59.02% | 1.06% |
| Holdings | 14 | 508 |
| YTD Return | -2.25% | +11.03%Best |
| 1Y Return | -16.72% | +15.62%Best |
| 3Y Return (annualized) | +19.64% | +20.81%Best |
| 5Y Return (annualized) | - | +12.61% |
| Volatility (annualized) | 25.6% | 12.9%Best |
| Max Drawdown | -31.5% | -18.8%Best |
| $10,000 over 3.1 years | $16,317 | $17,067Best |
| Fund Family | YieldMax ETF | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Blend |
| Inception | Jul 27, 2023 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Jul 28, 2023 to Sep 16, 2026 (3.1 years).
FBY 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 3.1 years both funds cover.
FBY vs IVV Performance
YieldMax META Option Income Strategy ETF (FBY) is an ETF from YieldMax ETF and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FBY returned -16.72% while IVV returned +15.62%. Year to date, FBY is down 2.25% versus a gain of 11.03% for IVV.
Over three years, FBY compounded at +19.64% per year against +20.81% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FBY has been the more volatile fund, with annualized monthly volatility of 25.6% compared with 12.9% 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 -18.8% 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 0.58. They move together some of the time, and apart the rest.
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 59.02% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 2 holdings in FBY and 490 in IVV, totalling 35.8% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in FBY and 490 in IVV, against full books of 14 and 508.
You are not choosing between two funds in isolation.
Whichever of FBY 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, FBY or IVV?
FBY has an expense ratio of 1.06% while IVV charges 0.03%. IVV is the cheaper option, by $103 a year on a $10,000 investment.
Which performed better, FBY or IVV?
Over the past year FBY returned -16.72% vs +15.62% 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, FBY or IVV?
FBY has been the more volatile fund at 25.6% annualized versus 12.9% for IVV. Worst drawdown: FBY -31.5% vs IVV -18.8%.
Should I hold both FBY and IVV?
FBY and IVV have a monthly-return correlation of 0.58, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FBY or IVV?
FBY yields 59.02% while IVV yields 1.06%, so FBY currently pays the higher dividend yield.
Is IVV better than FBY?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.