FDTX vs IVV
Fidelity Disruptive Technology ETF vs iShares Core S&P 500 ETF
Which is better, FDTX or IVV?
FDTX has been ahead.
IVV has a lower expense ratio. FDTX led over 1Y, 3Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 51.3%.
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 | FDTX | IVV |
|---|---|---|
| Expense Ratio | 0.50% | 0.03%Best |
| AUM | $268M | $876.4B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 46 | 508 |
| YTD Return | +43.60%Best | +14.14% |
| 1Y Return | +42.44%Best | +17.30% |
| 3Y Return (annualized) | +35.99%Best | +23.04% |
| 5Y Return (annualized) | - | +13.63% |
| Volatility (annualized) | 26.6% | 12.6%Best |
| Max Drawdown | -27.2% | -18.8%Best |
| $10,000 over 3.3 years | $23,118Best | $18,738 |
| Top 10 Weight | 51.3% | 37.8%Best |
| Fund Family | Fidelity Investments (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 13, 2023 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 3.3 years row, are measured over the window both funds cover: Jun 12, 2023 to Sep 22, 2026 (3.3 years).
FDTX 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 3.3 years both funds cover.
FDTX vs IVV Performance
Fidelity Disruptive Technology ETF (FDTX) is an ETF from Fidelity Investments (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FDTX returned +42.44% while IVV returned +17.30%. Year to date, FDTX is up 43.60% versus a gain of 14.14% for IVV.
Over three years, FDTX compounded at +35.99% per year against +23.04% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDTX has been the more volatile fund, with annualized monthly volatility of 26.6% compared with 12.6% 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 -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 0.81. 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 1.06% for IVV.
Holdings Overlap
69.0% of FDTX's money is in holdings IVV also owns. 37.1% of IVV's money is in holdings FDTX also owns.
The two portfolios partly overlap.
25 positions in common, counted across the 42 positions we hold weights for in FDTX and 490 in IVV, against full books of 46 and 508.
What only one of them owns
Our book lists 457 positions for IVV that do not appear in our book for FDTX (61.5% of the fund), and 5 for FDTX that do not appear in IVV (8.3%).
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 FDTX | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.68% | 8.07% | 3.39% |
| MSFTMicrosoft Corp | 4.14% | 5.69% | 1.55% |
| MUMicron Technology, Inc. | 8.04% | 1.63% | 6.41% |
| AAPLApple, Inc | 1.17% | 7.02% | 5.85% |
| AMZNAmazon.Com Inc | 3.80% | 3.84% | 0.04% |
| MRVLMarvell Technology Group Ltd. | 7.17% | 0.28% | 6.89% |
| PLTRPalantir Technologies Inc | 5.50% | 0.65% | 4.85% |
| GOOGAlphabet Inc | 3.16% | 2.39% | 0.77% |
| PANWPalo Alto Networks, Inc | 4.82% | 0.47% | 4.35% |
| METAMeta Platforms Inc | 2.49% | 1.90% | 0.59% |
69.0% of FDTX is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $47 a year on a $10,000 investment.
Which performed better, FDTX or IVV?
Over the past year FDTX returned +42.44% vs +17.30% for IVV, so FDTX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDTX or IVV?
FDTX has been the more volatile fund at 26.6% annualized versus 12.6% for IVV. Worst drawdown: FDTX -27.2% vs IVV -18.8%.
Should I hold both FDTX and IVV?
FDTX and IVV have a monthly-return correlation of 0.81, 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 FDTX and IVV?
69.0% of FDTX's money is in holdings IVV also owns. 37.1% of IVV's is in holdings FDTX also owns. They hold 25 positions in common, counted across the 42 positions we hold weights for in FDTX and 490 in IVV.
Which pays a higher dividend, FDTX or IVV?
FDTX yields 0.00% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than FDTX?
IVV has a lower expense ratio. FDTX led over 1Y, 3Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 51.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.