FDT vs IVV
First Trust Developed Markets Ex-US AlphaDEX Fund vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. FDT delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | FDT | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.80% | 0.03% | |
| AUM | $1.3B | $907.0B | |
| Dividend Yield | 2.88% | 1.10% | |
| Holdings | 312 | 508 | |
| YTD Return | +19.34% | +13.22% | |
| 1Y Return | +34.10% | +21.62% | |
| 3Y Return (annualized) | +27.14% | +22.17% | |
| 5Y Return (annualized) | +13.11% | +13.42% | |
| Volatility (annualized) | 17.1% | 15.1% | |
| Max Drawdown | -48.6% | -56.5% | |
| Fund Family | First Trust Portfolios (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Apr 18, 2011 | May 15, 2000 |
FDT vs IVV Performance
First Trust Developed Markets Ex-US AlphaDEX Fund (FDT) is a ETF from First Trust Portfolios (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FDT returned +34.10% while IVV returned +21.62%. Year to date, FDT is up 19.34% versus a gain of 13.22% for IVV.
Over three years, FDT compounded at +27.14% per year against +22.17% for IVV; over five years the annualized figures are +13.11% and +13.42% respectively. Across the full 15-year window we track, IVV has the edge at +7.02% annualized vs +5.58%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDT has been the more volatile fund, with annualized monthly volatility of 17.1% 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 -48.6% for FDT 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FDT charges 0.80% per year while IVV charges 0.03%. On a $10,000 position that is $80 vs $3 annually, a gap of $77 per year that compounds over a long holding period. On income, FDT currently yields 2.88% against 1.10% for IVV.
Holdings Overlap
FDT and IVV share 1 holdings out of 799 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FDT | Weight in IVV | Difference |
|---|---|---|---|
| KR | 0.00% | 0.05% | 0.05% |
Frequently Asked Questions
Which is cheaper, FDT or IVV?
FDT has an expense ratio of 0.80% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $77 per year of difference.
Which performed better, FDT or IVV?
Over the past year FDT returned +34.10% vs +21.62% for IVV, so FDT leads on 1-year performance. Over the longest common window we track (15 years), FDT annualized +5.58% vs +7.02% for IVV. Past performance does not guarantee future results.
Which is riskier, FDT or IVV?
FDT has been the more volatile fund at 17.1% annualized versus 15.1% for IVV. Worst drawdown: FDT -48.6% vs IVV -56.5%.
Should I hold both FDT and IVV?
FDT and IVV have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FDT and IVV?
FDT and IVV share 1 common holdings with a 0.0% weight overlap. Combined, they hold 799 unique securities.
Which pays a higher dividend, FDT or IVV?
FDT yields 2.88% while IVV yields 1.10%, so FDT currently pays the higher dividend yield.
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