FEGE vs IVV
First Eagle Global Equity ETF vs iShares Core S&P 500 ETF
Which is better, FEGE or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. FEGE led over 1Y and the full window. FEGE is less concentrated, with 21.3% of the fund in its ten largest positions against 37.8%.
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 | FEGE | IVV |
|---|---|---|
| Expense Ratio | 0.50% | 0.03%Best |
| AUM | $2.5B | $876.4B |
| Dividend Yield | 1.11% | 1.06% |
| Holdings | 98 | 508 |
| YTD Return | +10.00% | +13.32%Best |
| 1Y Return | +17.27%Best | +17.08% |
| 3Y Return (annualized) | - | +22.72% |
| 5Y Return (annualized) | - | +13.20% |
| Volatility (annualized) | 12.4%Best | 12.6% |
| Max Drawdown | -11.1%Best | -18.8% |
| $10,000 over 1.8 years | $14,891Best | $13,364 |
| Top 10 Weight | 21.3%Best | 37.8% |
| Fund Family | First Eagle Investments | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Dec 19, 2024 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 20, 2024 to Sep 23, 2026 (1.8 years).
FEGE 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 1.8 years both funds cover.
FEGE vs IVV Performance
First Eagle Global Equity ETF (FEGE) is an ETF from First Eagle Investments and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FEGE returned +17.27% while IVV returned +17.08%. Year to date, FEGE is up 10.00% versus a gain of 13.32% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.6% compared with 12.4% for FEGE. 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 -11.1% for FEGE 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 0.53. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FEGE 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, FEGE currently yields 1.11% against 1.06% for IVV.
Holdings Overlap
43.3% of FEGE's money is in holdings IVV also owns. 16.5% of IVV's money is in holdings FEGE also owns.
The two portfolios partly overlap.
37 positions in common, counted across the 93 positions we hold weights for in FEGE and 490 in IVV, against full books of 98 and 508.
What only one of them owns
Our book lists 445 positions for IVV that do not appear in our book for FEGE (82.2% of the fund), and 8 for FEGE that do not appear in IVV (7.3%).
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 FEGE | Weight in IVV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 0.25% | 5.69% | 5.44% |
| GOOGAlphabet Inc | 2.42% | 2.39% | 0.03% |
| METAMeta Platforms Inc | 1.68% | 1.90% | 0.22% |
| BDXBecton Dickinson And Co. | 2.77% | 0.08% | 2.69% |
| CRMSalesforce Inc Crm Us Equity | 2.04% | 0.32% | 1.72% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 0.82% | 1.39% | 0.57% |
| XOMExxon Mobil Corp. | 1.07% | 1.01% | 0.06% |
| WDAYWorkday, Inc., Class A | 1.92% | 0.06% | 1.86% |
| ELVElevance Health Inc | 1.80% | 0.13% | 1.67% |
| SLBSchlumberger Nv. | 1.79% | 0.14% | 1.65% |
43.3% of FEGE 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, FEGE or IVV?
FEGE 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, FEGE or IVV?
Over the past year FEGE returned +17.27% vs +17.08% for IVV, so FEGE leads on 1-year performance. Over the longest common window we track (2 years), FEGE annualized +24.76% vs +17.48% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FEGE or IVV?
IVV has been the more volatile fund at 12.6% annualized versus 12.4% for FEGE. Worst drawdown: FEGE -11.1% vs IVV -18.8%.
Should I hold both FEGE and IVV?
FEGE and IVV have a monthly-return correlation of 0.53, 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 FEGE and IVV?
43.3% of FEGE's money is in holdings IVV also owns. 16.5% of IVV's is in holdings FEGE also owns. They hold 37 positions in common, counted across the 93 positions we hold weights for in FEGE and 490 in IVV.
Which pays a higher dividend, FEGE or IVV?
FEGE yields 1.11% while IVV yields 1.06%, so FEGE currently pays the higher dividend yield.
Is IVV better than FEGE?
IVV has a lower expense ratio. FEGE led over 1Y and the full window. FEGE is less concentrated, with 21.3% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.