FCFY vs IVV
First Trust S&P 500 Diversified Free Cash Flow ETF vs iShares Core S&P 500 ETF
Which is better, FCFY or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. FCFY is less concentrated, with 29.5% of the fund in its ten largest positions against 37.9%.
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 | FCFY | IVV |
|---|---|---|
| Expense Ratio | 0.60% | 0.03%Best |
| AUM | $2M | $886.7B |
| Dividend Yield | 1.41% | 1.10% |
| Holdings | 101 | 508 |
| YTD Return | +11.75% | +13.39%Best |
| 1Y Return | +16.59% | +20.08%Best |
| 3Y Return (annualized) | +16.60% | +21.29%Best |
| 5Y Return (annualized) | - | +12.88% |
| Volatility (annualized) | 15.1% | 12.8%Best |
| Max Drawdown | -21.4% | -18.8%Best |
| $10,000 over 3 years | $16,049 | $18,230Best |
| Top 10 Weight | 29.5%Best | 37.9% |
| Fund Family | First Trust Portfolios (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 23, 2023 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Aug 24, 2023 to Sep 4, 2026 (3 years).
FCFY 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 years both funds cover.
FCFY vs IVV Performance
First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) 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 FCFY returned +16.59% while IVV returned +20.08%. Year to date, FCFY is up 11.75% versus a gain of 13.39% for IVV.
Over three years, FCFY compounded at +16.60% per year against +21.29% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FCFY has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 12.8% 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 -21.4% for FCFY 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FCFY charges 0.60% per year while IVV charges 0.03%. On a $10,000 position that is $60 vs $3 annually, a gap of $57 per year that compounds over a long holding period. On income, FCFY currently yields 1.41% against 1.10% for IVV.
Holdings Overlap
97.9% of FCFY's money is in holdings IVV also owns. 6.7% of IVV's money is in holdings FCFY also owns.
Most of FCFY is already inside IVV. Owning both mostly buys the same companies twice.
99 positions in common, counted across the 100 positions we hold weights for in FCFY and 505 in IVV, against full books of 101 and 508.
What only one of them owns
Measured across the 100 and 505 positions we hold weights for.
IVV holds 399 positions FCFY does not, 92.6% of the fund.
Largest: NVDA 7.98%, AAPL 6.86%, MSFT 5.44%, AMZN 4.01%, GOOGL 3.19%
Top Shared Holdings
| Stock | Weight in FCFY | Weight in IVV | Difference |
|---|---|---|---|
| CNCCentene | 3.86% | 0.05% | 3.81% |
| HPQHp Inc. | 3.61% | 0.04% | 3.57% |
| SWKSSkyworks Solutions Inc. | 3.46% | 0.02% | 3.44% |
| NTAPNetapp Inc | 3.30% | 0.06% | 3.24% |
| QCOMQualcomm Inc. | 2.45% | 0.25% | 2.20% |
| GDDYGodaddy Inc. Class A | 2.66% | 0.02% | 2.64% |
| WDAYWorkday, Inc., Class A | 2.61% | 0.05% | 2.56% |
| CMCSAComcast Corp-class A Cmcsa | 2.49% | 0.13% | 2.36% |
| OMCOmnicom Group Inc. | 2.55% | 0.04% | 2.51% |
| ADBEAdobe Systems | 2.38% | 0.16% | 2.22% |
97.9% of FCFY 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FCFY or IVV?
FCFY has an expense ratio of 0.60% while IVV charges 0.03%. IVV is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, FCFY or IVV?
Over the past year FCFY returned +16.59% vs +20.08% 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, FCFY or IVV?
FCFY has been the more volatile fund at 15.1% annualized versus 12.8% for IVV. Worst drawdown: FCFY -21.4% vs IVV -18.8%.
Should I hold both FCFY and IVV?
FCFY and IVV have a monthly-return correlation of 0.82, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FCFY and IVV?
97.9% of FCFY's money is in holdings IVV also owns. 6.7% of IVV's is in holdings FCFY also owns. They hold 99 positions in common, counted across the 100 positions we hold weights for in FCFY and 505 in IVV.
Which pays a higher dividend, FCFY or IVV?
FCFY yields 1.41% while IVV yields 1.10%, so FCFY currently pays the higher dividend yield.
Is IVV better than FCFY?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. FCFY is less concentrated, with 29.5% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.