FEPI vs IVV
REX FANG & Innovation Equity Premium Income ETF vs iShares Core S&P 500 ETF
Which is better, FEPI or IVV?
Each has led over a different period.
IVV has a lower expense ratio. FEPI led over 3Y and the full window, IVV over 1Y. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 68.9%.
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 | FEPI | IVV |
|---|---|---|
| Expense Ratio | 0.65% | 0.03%Best |
| AUM | $691M | $876.4B |
| Dividend Yield | 26.83% | 1.06% |
| Holdings | 65 | 508 |
| YTD Return | +12.23% | +13.23%Best |
| 1Y Return | +16.13% | +17.38%Best |
| 3Y Return (annualized) | +24.99%Best | +22.67% |
| 5Y Return (annualized) | - | +13.13% |
| Volatility (annualized) | 16.5% | 12.4%Best |
| Max Drawdown | -23.6% | -18.8%Best |
| $10,000 over 3 years | $19,527Best | $18,446 |
| Top 10 Weight | 68.9% | 37.8%Best |
| Fund Family | REX Shares | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 9, 2023 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 11, 2023 to Sep 24, 2026 (3 years).
FEPI 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 years both funds cover.
FEPI vs IVV Performance
REX FANG & Innovation Equity Premium Income ETF (FEPI) is an ETF from REX Shares and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FEPI returned +16.13% while IVV returned +17.38%. Year to date, FEPI is up 12.23% versus a gain of 13.23% for IVV.
Over three years, FEPI compounded at +24.99% per year against +22.67% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FEPI has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 12.4% 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 -23.6% for FEPI 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FEPI charges 0.65% per year while IVV charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, FEPI currently yields 26.83% against 1.06% for IVV.
Holdings Overlap
100.0% of FEPI's money is in holdings IVV also owns. 39.1% of IVV's money is in holdings FEPI also owns.
Most of FEPI is already inside IVV. Owning both mostly buys the same companies twice.
15 positions in common, counted across the 15 positions we hold weights for in FEPI and 490 in IVV, against full books of 65 and 508.
What only one of them owns
Our book lists 467 positions for IVV that do not appear in our book for FEPI (59.6% of the fund), and 0 for FEPI that do not appear in IVV (0.0%).
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 FEPI | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 6.77% | 8.07% | 1.30% |
| AAPLApple, Inc | 6.87% | 7.02% | 0.15% |
| MSFTMicrosoft Corp | 6.88% | 5.69% | 1.19% |
| AMZNAmazon.Com Inc | 6.46% | 3.84% | 2.62% |
| GOOGLAlphabet Inc,class A | 6.48% | 3.00% | 3.48% |
| METAMeta Platforms Inc | 7.24% | 1.90% | 5.34% |
| TSLATesla Inc | 7.28% | 1.56% | 5.72% |
| AVGOBroadcom Inc | 6.11% | 2.65% | 3.46% |
| MUMicron Technology, Inc. | 6.70% | 1.63% | 5.07% |
| PLTRPalantir Technologies Inc | 6.85% | 0.65% | 6.20% |
100.0% of FEPI 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, FEPI or IVV?
FEPI has an expense ratio of 0.65% while IVV charges 0.03%. IVV is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, FEPI or IVV?
Over the past year FEPI returned +16.13% vs +17.38% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FEPI or IVV?
FEPI has been the more volatile fund at 16.5% annualized versus 12.4% for IVV. Worst drawdown: FEPI -23.6% vs IVV -18.8%.
Should I hold both FEPI and IVV?
FEPI and IVV have a monthly-return correlation of 0.82, 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 FEPI and IVV?
100.0% of FEPI's money is in holdings IVV also owns. 39.1% of IVV's is in holdings FEPI also owns. They hold 15 positions in common, counted across the 15 positions we hold weights for in FEPI and 490 in IVV.
Which pays a higher dividend, FEPI or IVV?
FEPI yields 26.83% while IVV yields 1.06%, so FEPI currently pays the higher dividend yield.
Is IVV better than FEPI?
IVV has a lower expense ratio. FEPI led over 3Y and the full window, IVV over 1Y. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 68.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.