FDIV vs IVV
MarketDesk Focused US Dividend ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | FDIV | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.03% | |
| AUM | $59M | $907.0B | |
| Dividend Yield | 2.38% | 1.10% | |
| Holdings | 113 | 508 | |
| YTD Return | +5.67% | +13.74% | |
| 1Y Return | +7.68% | +21.54% | |
| 3Y Return (annualized) | +7.59% | +22.61% | |
| 5Y Return (annualized) | - | +13.31% | |
| Volatility (annualized) | 12.0% | 15.1% | |
| Max Drawdown | -18.6% | -56.5% | |
| Fund Family | MarketDesk Indices | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Sep 19, 2023 | May 15, 2000 |
FDIV vs IVV Performance
MarketDesk Focused US Dividend ETF (FDIV) is a ETF from MarketDesk Indices and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FDIV returned +7.68% while IVV returned +21.54%. Year to date, FDIV is up 5.67% versus a gain of 13.74% for IVV.
Over three years, FDIV compounded at +7.59% per year against +22.61% for IVV. Across the full 3-year window we track, FDIV has the edge at +7.59% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 12.0% for FDIV. 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 -18.6% for FDIV 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 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FDIV 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, FDIV currently yields 2.38% against 1.10% for IVV.
Holdings Overlap
FDIV and IVV share 103 holdings out of 513 unique holdings combined, representing a 25.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FDIV or IVV?
FDIV 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, FDIV or IVV?
Over the past year FDIV returned +7.68% vs +21.54% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (3 years), FDIV annualized +7.59% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, FDIV or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 12.0% for FDIV. Worst drawdown: FDIV -18.6% vs IVV -56.5%.
Should I hold both FDIV and IVV?
FDIV and IVV have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FDIV and IVV?
FDIV and IVV share 103 common holdings with a 25.4% weight overlap. Combined, they hold 513 unique securities.
Which pays a higher dividend, FDIV or IVV?
FDIV yields 2.38% while IVV yields 1.10%, so FDIV currently pays the higher dividend yield.
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