FDIQ vs IVV
Invesco Bloomberg Financial Data Providers ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. FDIQ delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | FDIQ | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.03% | |
| AUM | $45M | $907.0B | |
| Dividend Yield | 2.12% | 1.10% | |
| Holdings | 43 | 508 | |
| YTD Return | +18.05% | +14.29% | |
| 1Y Return | +23.12% | +21.79% | |
| 3Y Return (annualized) | +18.43% | +22.19% | |
| 5Y Return (annualized) | +6.89% | +13.28% | |
| Volatility (annualized) | 24.7% | 15.1% | |
| Max Drawdown | -55.4% | -56.5% | |
| Fund Family | Invesco (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Nov 1, 2011 | May 15, 2000 |
FDIQ vs IVV Performance
Invesco Bloomberg Financial Data Providers ETF (FDIQ) is a ETF from Invesco (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FDIQ returned +23.12% while IVV returned +21.79%. Year to date, FDIQ is up 18.05% versus a gain of 14.29% for IVV.
Over three years, FDIQ compounded at +18.43% per year against +22.19% for IVV; over five years the annualized figures are +6.89% and +13.28% respectively. Across the full 15-year window we track, FDIQ has the edge at +9.26% annualized vs +7.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDIQ has been the more volatile fund, with annualized monthly volatility of 24.7% compared with 15.1% 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 -55.4% for FDIQ and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FDIQ charges 0.35% per year while IVV charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, FDIQ currently yields 2.12% against 1.10% for IVV.
Holdings Overlap
FDIQ and IVV share 13 holdings out of 525 unique holdings combined, representing a 0.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FDIQ or IVV?
FDIQ has an expense ratio of 0.35% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, FDIQ or IVV?
Over the past year FDIQ returned +23.12% vs +21.79% for IVV, so FDIQ leads on 1-year performance. Over the longest common window we track (15 years), FDIQ annualized +9.26% vs +7.06% for IVV. Past performance does not guarantee future results.
Which is riskier, FDIQ or IVV?
FDIQ has been the more volatile fund at 24.7% annualized versus 15.1% for IVV. Worst drawdown: FDIQ -55.4% vs IVV -56.5%.
Should I hold both FDIQ and IVV?
FDIQ and IVV have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FDIQ and IVV?
FDIQ and IVV share 13 common holdings with a 0.9% weight overlap. Combined, they hold 525 unique securities.
Which pays a higher dividend, FDIQ or IVV?
FDIQ yields 2.12% while IVV yields 1.10%, so FDIQ currently pays the higher dividend yield.
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