Quick Verdict

IVV has a lower expense ratio. FDTX delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: FDTXMore Diversified: IVV

Side-by-Side Comparison

MetricFDTXIVVWinner
Expense Ratio0.50%0.03%
AUM$299M$865.2B
Dividend Yield0.00%1.09%
Holdings46508
YTD Return+34.80%+13.80%
1Y Return+38.98%+23.70%
3Y Return (annualized)+29.35%+21.49%
5Y Return (annualized)-+13.43%
Volatility (annualized)26.9%15.1%
Max Drawdown-27.2%-56.5%
Fund FamilyFidelity Investments (US)iShares by BlackRock (US)
CategoryEquityEquity
InceptionFeb 13, 2023May 15, 2000

FDTX vs IVV Performance

Fidelity Disruptive Technology ETF (FDTX) is a ETF from Fidelity Investments (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FDTX returned +38.98% while IVV returned +23.70%. Year to date, FDTX is up 34.80% versus a gain of 13.80% for IVV.

Over three years, FDTX compounded at +29.35% per year against +21.49% for IVV. Across the full 3-year window we track, FDTX has the edge at +27.64% annualized vs +7.05%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

FDTX has been the more volatile fund, with annualized monthly volatility of 26.9% 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 -27.2% for FDTX 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 0.82. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

FDTX 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, FDTX currently yields 0.00% against 1.09% for IVV.

Holdings Overlap

22.0%overlap

FDTX and IVV share 24 holdings out of 524 unique holdings combined, representing a 22.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in FDTXWeight in IVVDifference
NVDA4.09%7.76%3.67%
MU9.33%1.69%7.64%
MRVL9.73%0.28%9.45%
AAPLProProPro
MSFTProProPro
AMZNProProPro
GOOGProProPro
WDCProProPro
PANWProProPro
METAProProPro
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Frequently Asked Questions

Which is cheaper, FDTX or IVV?

FDTX has an expense ratio of 0.50% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $47 per year of difference.

Which performed better, FDTX or IVV?

Over the past year FDTX returned +38.98% vs +23.70% for IVV, so FDTX leads on 1-year performance. Over the longest common window we track (3 years), FDTX annualized +27.64% vs +7.05% for IVV. Past performance does not guarantee future results.

Which is riskier, FDTX or IVV?

FDTX has been the more volatile fund at 26.9% annualized versus 15.1% for IVV. Worst drawdown: FDTX -27.2% vs IVV -56.5%.

Should I hold both FDTX and IVV?

FDTX and IVV have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between FDTX and IVV?

FDTX and IVV share 24 common holdings with a 22.0% weight overlap. Combined, they hold 524 unique securities.

Which pays a higher dividend, FDTX or IVV?

FDTX yields 0.00% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.

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