FDFF vs IVV
Fidelity Disruptive Finance ETF vs iShares Core S&P 500 ETF
Which is better, FDFF or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 49.4%.
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 | FDFF | IVV |
|---|---|---|
| Expense Ratio | 0.50% | 0.03%Best |
| AUM | $44M | $886.7B |
| Dividend Yield | 0.98% | 1.10% |
| Holdings | 52 | 508 |
| YTD Return | +4.61% | +12.70%Best |
| 1Y Return | +1.14% | +19.36%Best |
| 3Y Return (annualized) | +13.40% | +21.16%Best |
| 5Y Return (annualized) | - | +12.75% |
| Volatility (annualized) | 19.4% | 12.6%Best |
| Max Drawdown | -23.1% | -18.8%Best |
| $10,000 over 3.2 years | $15,085 | $18,287Best |
| Top 10 Weight | 49.4% | 37.9%Best |
| Fund Family | Fidelity Investments (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 13, 2023 | 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 8, 2026 (3.2 years).
FDFF 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.
FDFF vs IVV Performance
Fidelity Disruptive Finance ETF (FDFF) 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 FDFF returned +1.14% while IVV returned +19.36%. Year to date, FDFF is up 4.61% versus a gain of 12.70% for IVV.
Over three years, FDFF compounded at +13.40% per year against +21.16% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDFF has been the more volatile fund, with annualized monthly volatility of 19.4% 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 -23.1% for FDFF 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FDFF 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, FDFF currently yields 0.98% against 1.10% for IVV.
Holdings Overlap
44.3% of FDFF's money is in holdings IVV also owns. 2.7% of IVV's money is in holdings FDFF also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 47 positions we hold weights for in FDFF and 504 in IVV, against full books of 52 and 508.
What only one of them owns
Our book lists 479 positions for IVV that do not appear in our book for FDFF (96.5% of the fund), and 26 for FDFF that do not appear in IVV (37.8%).
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 FDFF | Weight in IVV | Difference |
|---|---|---|---|
| BLKBlackrock, Inc. | 5.86% | 0.25% | 5.61% |
| COFCapital One Financial Corp. | 5.65% | 0.21% | 5.44% |
| V'visa Inc., Class 'a'' | 4.55% | 0.92% | 3.63% |
| MAMastercard Inc | 4.53% | 0.69% | 3.84% |
| XYZBlock, Inc., 5951713.Sq.Fts.B | 4.20% | 0.07% | 4.13% |
| APOApollo Global Management Inc | 4.08% | 0.09% | 3.99% |
| EFXEquifax Inc. | 3.34% | 0.03% | 3.31% |
| ICEInterContinental Hotels Group PLC Ord Gbp0.208521303 | 2.86% | 0.13% | 2.73% |
| CBOEC B O E Holdings Inc. | 2.32% | 0.04% | 2.28% |
| HOODRobinhood Markets Inc - A | 2.15% | 0.11% | 2.04% |
44.3% of FDFF 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, FDFF or IVV?
FDFF 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, FDFF or IVV?
Over the past year FDFF returned +1.14% vs +19.36% 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, FDFF or IVV?
FDFF has been the more volatile fund at 19.4% annualized versus 12.6% for IVV. Worst drawdown: FDFF -23.1% vs IVV -18.8%.
Should I hold both FDFF and IVV?
FDFF and IVV have a monthly-return correlation of 0.73, 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 FDFF and IVV?
44.3% of FDFF's money is in holdings IVV also owns. 2.7% of IVV's is in holdings FDFF also owns. They hold 14 positions in common, counted across the 47 positions we hold weights for in FDFF and 504 in IVV.
Which pays a higher dividend, FDFF or IVV?
FDFF yields 0.98% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than FDFF?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 49.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.