FEZ vs IVV
State Street SPDR EURO STOXX 50 ETF vs iShares Core S&P 500 ETF
Which is better, FEZ or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. FEZ led over 1Y, IVV over 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 41.4%.
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 | FEZ | IVV |
|---|---|---|
| Expense Ratio | 0.29% | 0.03%Best |
| AUM | $4.5B | $886.7B |
| Dividend Yield | 2.56% | 1.10% |
| Holdings | 56 | 508 |
| YTD Return | +9.69% | +12.70%Best |
| 1Y Return | +20.27%Best | +19.36% |
| 3Y Return (annualized) | +20.26% | +21.16%Best |
| 5Y Return (annualized) | +11.33% | +12.75%Best |
| Volatility (annualized) | 21.2% | 14.5%Best |
| Max Drawdown | -66.2% | -56.5%Best |
| $10,000 over 5 years | $17,103 | $18,221Best |
| Top 10 Weight | 41.4% | 37.9%Best |
| Fund Family | SPDR State Street Global Advisors | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 15, 2002 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Oct 21, 2002 to Sep 8, 2026 (23.9 years).
FEZ 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 23.9 years both funds cover.
FEZ vs IVV Performance
State Street SPDR EURO STOXX 50 ETF (FEZ) is an ETF from SPDR State Street Global Advisors and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FEZ returned +20.27% while IVV returned +19.36%. Year to date, FEZ is up 9.69% versus a gain of 12.70% for IVV.
Over three years, FEZ compounded at +20.26% per year against +21.16% for IVV; over five years the annualized figures are +11.33% and +12.75% respectively. Across the full 24-year window we track, IVV has the edge at +9.74% annualized vs +5.14%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FEZ has been the more volatile fund, with annualized monthly volatility of 21.2% compared with 14.5% 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 -66.2% for FEZ and -56.5% 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FEZ charges 0.29% per year while IVV charges 0.03%. On a $10,000 position that is $29 vs $3 annually, a gap of $26 per year that compounds over a long holding period. On income, FEZ currently yields 2.56% against 1.10% for IVV.
Holdings Overlap
We hold position weights for 50 holdings in FEZ and 504 in IVV, totalling 97.7% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 50 positions we hold weights for in FEZ and 504 in IVV, against full books of 56 and 508.
What only one of them owns
Our book lists 493 positions for IVV that do not appear in our book for FEZ (99.2% of the fund), and 4 for FEZ that do not appear in IVV (8.5%).
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.
You are not choosing between two funds in isolation.
Whichever of FEZ and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FEZ or IVV?
FEZ has an expense ratio of 0.29% while IVV charges 0.03%. IVV is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, FEZ or IVV?
Over the past year FEZ returned +20.27% vs +19.36% for IVV, so FEZ leads on 1-year performance. Over the longest common window we track (24 years), FEZ annualized +5.14% vs +9.74% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FEZ or IVV?
FEZ has been the more volatile fund at 21.2% annualized versus 14.5% for IVV. Worst drawdown: FEZ -66.2% vs IVV -56.5%.
Should I hold both FEZ and IVV?
FEZ 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.
Which pays a higher dividend, FEZ or IVV?
FEZ yields 2.56% while IVV yields 1.10%, so FEZ currently pays the higher dividend yield.
Is IVV better than FEZ?
IVV has a lower expense ratio. FEZ led over 1Y, IVV over 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 41.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.