FDCF vs IVV
Fidelity Disruptive Communications ETF vs iShares Core S&P 500 ETF
Which is better, FDCF or IVV?
Large Cap Growth against Large Cap Blend.
IVV has a lower expense ratio. FDCF led over 3Y and the full window, IVV over 1Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 53.9%.
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 | FDCF | IVV |
|---|---|---|
| Expense Ratio | 0.50% | 0.03%Best |
| AUM | $97M | $886.7B |
| Dividend Yield | 0.00% | 1.10% |
| Holdings | 43 | 508 |
| YTD Return | +4.87% | +13.86%Best |
| 1Y Return | +7.52% | +21.57%Best |
| 3Y Return (annualized) | +24.84%Best | +21.48% |
| 5Y Return (annualized) | - | +12.88% |
| Volatility (annualized) | 17.2% | 12.6%Best |
| Max Drawdown | -22.5% | -18.8%Best |
| $10,000 over 3.2 years | $20,002Best | $18,521 |
| Top 10 Weight | 53.9% | 37.9%Best |
| Fund Family | Fidelity Investments (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Apr 16, 2020 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jun 12, 2023 to Sep 3, 2026 (3.2 years).
FDCF 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 3.2 years both funds cover.
FDCF vs IVV Performance
Fidelity Disruptive Communications ETF (FDCF) 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 FDCF returned +7.52% while IVV returned +21.57%. Year to date, FDCF is up 4.87% versus a gain of 13.86% for IVV.
Over three years, FDCF compounded at +24.84% per year against +21.48% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDCF has been the more volatile fund, with annualized monthly volatility of 17.2% compared with 12.6% 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 -22.5% for FDCF 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FDCF charges 0.50% per year while IVV charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, FDCF currently yields 0.00% against 1.10% for IVV.
Holdings Overlap
52.5% of FDCF's money is in holdings IVV also owns. 31.3% of IVV's money is in holdings FDCF also owns.
The two portfolios partly overlap.
17 positions in common, counted across the 38 positions we hold weights for in FDCF and 505 in IVV, against full books of 43 and 508.
What only one of them owns
Our book lists 480 positions for IVV that do not appear in our book for FDCF (68.0% of the fund), and 15 for FDCF that do not appear in IVV (27.2%).
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
| Stock | Weight in FDCF | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 5.54% | 7.98% | 2.44% |
| GOOGLAlphabet Inc.Class A | 8.62% | 3.19% | 5.43% |
| AMZNAmazon.Com Inc | 5.65% | 4.01% | 1.64% |
| AAPLApple, Inc | 2.67% | 6.86% | 4.19% |
| METAMeta Platform Inc | 5.66% | 1.94% | 3.72% |
| ANETArista Networks Inc Common Stock | 6.56% | 0.31% | 6.25% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 1.17% | 5.44% | 4.27% |
| TMUST-Mobile Usa Inc Esrw Usd Npv Ref Sm#585558 | 2.55% | 0.12% | 2.43% |
| WBDWarner Bros. Discovery, Inc | 2.44% | 0.10% | 2.34% |
| CDNSCadence Design Systems Inc. | 2.00% | 0.14% | 1.86% |
52.5% of FDCF 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, FDCF or IVV?
FDCF has an expense ratio of 0.50% while IVV charges 0.03%. IVV is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, FDCF or IVV?
Over the past year FDCF returned +7.52% vs +21.57% 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, FDCF or IVV?
FDCF has been the more volatile fund at 17.2% annualized versus 12.6% for IVV. Worst drawdown: FDCF -22.5% vs IVV -18.8%.
Should I hold both FDCF and IVV?
FDCF and IVV have a monthly-return correlation of 0.89, 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 FDCF and IVV?
52.5% of FDCF's money is in holdings IVV also owns. 31.3% of IVV's is in holdings FDCF also owns. They hold 17 positions in common, counted across the 38 positions we hold weights for in FDCF and 505 in IVV.
Which pays a higher dividend, FDCF or IVV?
FDCF yields 0.00% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than FDCF?
IVV has a lower expense ratio. FDCF led over 3Y and the full window, IVV over 1Y. 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.