FDLS vs IVV
Inspire Fidelis Multi Factor ETF vs iShares Core S&P 500 ETF
Which is better, FDLS or IVV?
Each has led over a different period.
IVV has a lower expense ratio. FDLS led over 1Y, IVV over 3Y and the full window. FDLS is less concentrated, with 13.6% of the fund in its ten largest positions against 37.9%.
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 | FDLS | IVV |
|---|---|---|
| Expense Ratio | 0.66% | 0.03%Best |
| AUM | $249M | $876.4B |
| Dividend Yield | 0.80% | 1.06% |
| Holdings | 102 | 508 |
| YTD Return | +19.66%Best | +12.24% |
| 1Y Return | +26.09%Best | +18.61% |
| 3Y Return (annualized) | +19.49% | +20.98%Best |
| 5Y Return (annualized) | - | +12.76% |
| Volatility (annualized) | 18.4% | 14.2%Best |
| Max Drawdown | -23.3% | -18.8%Best |
| $10,000 over 4 years | $18,656 | $19,362Best |
| Top 10 Weight | 13.6%Best | 37.9% |
| Fund Family | Inspire ETFs | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 23, 2022 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Aug 24, 2022 to Sep 9, 2026 (4 years).
FDLS 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 years both funds cover.
FDLS vs IVV Performance
Inspire Fidelis Multi Factor ETF (FDLS) is an ETF from Inspire ETFs and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FDLS returned +26.09% while IVV returned +18.61%. Year to date, FDLS is up 19.66% versus a gain of 12.24% for IVV.
Over three years, FDLS compounded at +19.49% per year against +20.98% for IVV. Across the full 4-year window we track, IVV has the edge at +17.96% annualized vs +16.87%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDLS has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 14.2% 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 -23.3% for FDLS 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FDLS charges 0.66% per year while IVV charges 0.03%. On a $10,000 position that is $66 vs $3 annually, a gap of $63 per year that compounds over a long holding period. On income, FDLS currently yields 0.80% against 1.06% for IVV.
Holdings Overlap
19.3% of FDLS's money is in holdings IVV also owns. 4.1% of IVV's money is in holdings FDLS also owns.
FDLS and IVV share little of their money.
20 positions in common, counted across the 101 positions we hold weights for in FDLS and 505 in IVV, against full books of 102 and 508.
What only one of them owns
Our book lists 476 positions for IVV that do not appear in our book for FDLS (95.3% of the fund), and 67 for FDLS that do not appear in IVV (66.9%).
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 FDLS | Weight in IVV | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 0.89% | 2.98% | 2.09% |
| VLOValero Energy Corp. | 1.39% | 0.13% | 1.26% |
| APAApa Corp | 1.18% | 0.02% | 1.16% |
| EOGEog Resources Inc | 1.05% | 0.11% | 0.94% |
| SLBSchlumberger Nv. | 1.05% | 0.11% | 0.94% |
| JKHYJack Henry & Associates Inc | 1.12% | 0.02% | 1.10% |
| CBOECboe Global Markets Inc. | 1.10% | 0.04% | 1.06% |
| DVNDevon Energy Corp. | 1.06% | 0.07% | 0.99% |
| CFCf Industries Holdings Inc. | 1.07% | 0.03% | 1.04% |
| ADMArcher-Daniels-Midland Co. | 1.02% | 0.06% | 0.96% |
You are not choosing between two funds in isolation.
Whichever of FDLS 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, FDLS or IVV?
FDLS has an expense ratio of 0.66% while IVV charges 0.03%. IVV is the cheaper option, by $63 a year on a $10,000 investment.
Which performed better, FDLS or IVV?
Over the past year FDLS returned +26.09% vs +18.61% for IVV, so FDLS leads on 1-year performance. Over the longest common window we track (4 years), FDLS annualized +16.87% vs +17.96% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDLS or IVV?
FDLS has been the more volatile fund at 18.4% annualized versus 14.2% for IVV. Worst drawdown: FDLS -23.3% vs IVV -18.8%.
Should I hold both FDLS and IVV?
FDLS and IVV have a monthly-return correlation of 0.80, 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 FDLS and IVV?
19.3% of FDLS's money is in holdings IVV also owns. 4.1% of IVV's is in holdings FDLS also owns. They hold 20 positions in common, counted across the 101 positions we hold weights for in FDLS and 505 in IVV.
Which pays a higher dividend, FDLS or IVV?
FDLS yields 0.80% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than FDLS?
IVV has a lower expense ratio. FDLS led over 1Y, IVV over 3Y and the full window. FDLS is less concentrated, with 13.6% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.