FEUS vs IVV
Northern Trust ESG & Climate US Large Cap Core ETF vs iShares Core S&P 500 ETF
Which is better, FEUS or IVV?
Nearly the same fund. IVV costs less.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 39.1%.
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 | FEUS | IVV |
|---|---|---|
| Expense Ratio | 0.09% | 0.03%Best |
| AUM | $115M | $876.4B |
| Dividend Yield | 0.96% | 1.06% |
| Holdings | 179 | 508 |
| YTD Return | +13.65% | +13.85%Best |
| 1Y Return | +17.85% | +18.57%Best |
| 3Y Return (annualized) | +21.41% | +23.50%Best |
| 5Y Return (annualized) | +11.90% | +13.34%Best |
| Volatility (annualized) | 16.0% | 15.7%Best |
| Max Drawdown | -25.3% | -24.5%Best |
| $10,000 over 5 years | $17,545 | $18,703Best |
| Top 10 Weight | 39.1% | 37.8%Best |
| Fund Family | Northern Trust Asset Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 20, 2021 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Sep 21, 2021 to Sep 25, 2026 (5 years).
FEUS 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 5 years both funds cover.
FEUS vs IVV Performance
Northern Trust ESG & Climate US Large Cap Core ETF (FEUS) is an ETF from Northern Trust Asset Management and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FEUS returned +17.85% while IVV returned +18.57%. Year to date, FEUS is up 13.65% versus a gain of 13.85% for IVV.
Over three years, FEUS compounded at +21.41% per year against +23.50% for IVV; over five years the annualized figures are +11.90% and +13.34% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FEUS has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 15.7% 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 -25.3% for FEUS and -24.5% 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 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FEUS charges 0.09% per year while IVV charges 0.03%. On a $10,000 position that is $9 vs $3 annually, a gap of $6 per year that compounds over a long holding period. On income, FEUS currently yields 0.96% against 1.06% for IVV.
Holdings Overlap
96.5% of FEUS's money is in holdings IVV also owns. 63.2% of IVV's money is in holdings FEUS also owns.
Most of FEUS is already inside IVV. Owning both mostly buys the same companies twice.
120 positions in common, counted across the 128 positions we hold weights for in FEUS and 490 in IVV, against full books of 179 and 508.
What only one of them owns
Our book lists 363 positions for IVV that do not appear in our book for FEUS (35.6% of the fund), and 7 for FEUS that do not appear in IVV (1.1%).
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 FEUS | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.96% | 8.07% | 0.11% |
| AAPLApple, Inc | 6.77% | 7.02% | 0.25% |
| MSFTMicrosoft Corp | 5.88% | 5.69% | 0.19% |
| AMZNAmazon.Com Inc | 4.19% | 3.84% | 0.35% |
| GOOGLAlphabet Inc,class A | 3.49% | 3.00% | 0.49% |
| GOOGAlphabet Inc | 2.90% | 2.39% | 0.51% |
| AVGOBroadcom Inc | 1.47% | 2.65% | 1.18% |
| TSLATesla Inc | 2.34% | 1.56% | 0.78% |
| METAMeta Platforms Inc | 1.75% | 1.90% | 0.15% |
| JPMJpmorgan Chase | 2.08% | 1.44% | 0.64% |
96.5% of FEUS 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, FEUS or IVV?
FEUS has an expense ratio of 0.09% while IVV charges 0.03%. IVV is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, FEUS or IVV?
Over the past year FEUS returned +17.85% vs +18.57% 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, FEUS or IVV?
FEUS has been the more volatile fund at 16.0% annualized versus 15.7% for IVV. Worst drawdown: FEUS -25.3% vs IVV -24.5%.
Should I hold both FEUS and IVV?
FEUS and IVV have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between FEUS and IVV?
96.5% of FEUS's money is in holdings IVV also owns. 63.2% of IVV's is in holdings FEUS also owns. They hold 120 positions in common, counted across the 128 positions we hold weights for in FEUS and 490 in IVV.
Which pays a higher dividend, FEUS or IVV?
FEUS yields 0.96% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than FEUS?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 39.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.