FCSH vs IVV
Federated Hermes Short Duration Corporate ETF vs iShares Core S&P 500 ETF
Which is better, FCSH or IVV?
Short Term Bond 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 | FCSH | IVV |
|---|---|---|
| Expense Ratio | 0.30% | 0.03%Best |
| AUM | $66M | $876.4B |
| Dividend Yield | 4.24% | 1.06% |
| Holdings | 177 | 508 |
| YTD Return | +0.19% | +12.39%Best |
| 1Y Return | +1.31% | +16.61%Best |
| 3Y Return (annualized) | +4.96% | +21.38%Best |
| 5Y Return (annualized) | - | +13.51% |
| Volatility (annualized) | 3.2%Best | 15.8% |
| Max Drawdown | -8.5%Best | -24.5% |
| $10,000 over 4.8 years | $11,117 | $17,789Best |
| Fund Family | Federated Hermes | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | Short Term Bond | Large Cap Blend |
| Inception | Dec 16, 2021 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Dec 17, 2021 to Sep 18, 2026 (4.8 years).
FCSH 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 4.8 years both funds cover.
FCSH vs IVV Performance
Federated Hermes Short Duration Corporate ETF (FCSH) is an ETF from Federated Hermes and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FCSH returned +1.31% while IVV returned +16.61%. Year to date, FCSH is up 0.19% versus a gain of 12.39% for IVV.
Over three years, FCSH compounded at +4.96% per year against +21.38% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 3.2% for FCSH. 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 -8.5% for FCSH 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 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FCSH charges 0.30% per year while IVV charges 0.03%. On a $10,000 position that is $30 vs $3 annually, a gap of $27 per year that compounds over a long holding period. On income, FCSH currently yields 4.24% against 1.06% for IVV.
Holdings Overlap
At least 0.1% of IVV's money is in holdings FCSH also owns.
Stated as a floor: for FCSH, our book for it covers 78.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 133 positions we hold weights for in FCSH and 490 in IVV, against full books of 177 and 508.
Top Shared Holdings
| Stock | Weight in FCSH | Weight in IVV | Difference |
|---|---|---|---|
| TMUST-Mobile Usa, Inc. 3.875% 15-Apr-2030 | 0.36% | 0.13% | 0.23% |
You are not choosing between two funds in isolation.
Whichever of FCSH 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, FCSH or IVV?
FCSH has an expense ratio of 0.30% while IVV charges 0.03%. IVV is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, FCSH or IVV?
Over the past year FCSH returned +1.31% vs +16.61% 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, FCSH or IVV?
IVV has been the more volatile fund at 15.8% annualized versus 3.2% for FCSH. Worst drawdown: FCSH -8.5% vs IVV -24.5%.
Should I hold both FCSH and IVV?
FCSH and IVV have a monthly-return correlation of 0.60, 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, FCSH or IVV?
FCSH yields 4.24% while IVV yields 1.06%, so FCSH currently pays the higher dividend yield.
Is IVV better than FCSH?
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.