FEIG vs IVV
FlexShares ESG & Climate Investment Grade Corporate Core Index Fund vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. FEIG offers more diversification with 668 holdings.
Side-by-Side Comparison
| Metric | FEIG | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.12% | 0.03% | |
| AUM | $48M | $865.2B | |
| Dividend Yield | 4.74% | 1.09% | |
| Holdings | 716 | 508 | |
| YTD Return | -0.86% | +13.72% | |
| 1Y Return | +1.41% | +21.64% | |
| 3Y Return (annualized) | +4.88% | +21.55% | |
| 5Y Return (annualized) | -0.56% | +13.27% | |
| Volatility (annualized) | 8.2% | 15.1% | |
| Max Drawdown | -22.3% | -56.5% | |
| Fund Family | Flexshares Trust | iShares by BlackRock (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | Sep 20, 2021 | May 15, 2000 |
FEIG vs IVV Performance
FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (FEIG) is a ETF from Flexshares Trust and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FEIG returned +1.41% while IVV returned +21.64%. Year to date, FEIG is down 0.86% versus a gain of 13.72% for IVV.
Over three years, FEIG compounded at +4.88% per year against +21.55% for IVV; over five years the annualized figures are -0.56% and +13.27% respectively. Across the full 5-year window we track, IVV has the edge at +7.04% annualized vs -0.56%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 8.2% for FEIG. 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 -22.3% for FEIG 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FEIG charges 0.12% per year while IVV charges 0.03%. On a $10,000 position that is $12 vs $3 annually, a gap of $9 per year that compounds over a long holding period. On income, FEIG currently yields 4.74% against 1.09% for IVV.
Holdings Overlap
FEIG and IVV share 1 holdings out of 1172 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 FEIG | Weight in IVV | Difference |
|---|---|---|---|
| HUBB | 0.05% | 0.04% | 0.01% |
Frequently Asked Questions
Which is cheaper, FEIG or IVV?
FEIG has an expense ratio of 0.12% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $9 per year of difference.
Which performed better, FEIG or IVV?
Over the past year FEIG returned +1.41% vs +21.64% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (5 years), FEIG annualized -0.56% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, FEIG or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 8.2% for FEIG. Worst drawdown: FEIG -22.3% vs IVV -56.5%.
Should I hold both FEIG and IVV?
FEIG and IVV have a monthly-return correlation of 0.71, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FEIG and IVV?
FEIG and IVV share 1 common holdings with a 0.0% weight overlap. Combined, they hold 1172 unique securities.
Which pays a higher dividend, FEIG or IVV?
FEIG yields 4.74% while IVV yields 1.09%, so FEIG currently pays the higher dividend yield.
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