FFLS vs IVV
The Future Fund Long/Short ETF vs iShares Core S&P 500 ETF
Which is better, FFLS or IVV?
Long-Short Strategy against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window.
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 | FFLS | IVV |
|---|---|---|
| Expense Ratio | 1.60% | 0.03%Best |
| AUM | $43M | $876.4B |
| Dividend Yield | 6.64% | 1.06% |
| Holdings | 60 | 508 |
| YTD Return | -0.94% | +12.27%Best |
| 1Y Return | -5.26% | +17.04%Best |
| 3Y Return (annualized) | +8.56% | +21.24%Best |
| 5Y Return (annualized) | - | +13.08% |
| Volatility (annualized) | 9.2%Best | 12.7% |
| Max Drawdown | -11.1%Best | -18.8% |
| $10,000 over 3.2 years | $12,789 | $18,104Best |
| Fund Family | The Future Fund | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Long-Short Strategy | Large Cap Blend |
| Inception | Jun 20, 2022 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jun 21, 2023 to Sep 17, 2026 (3.2 years).
FFLS 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 3.2 years both funds cover.
FFLS vs IVV Performance
The Future Fund Long/Short ETF (FFLS) is an ETF from The Future Fund and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FFLS returned -5.26% while IVV returned +17.04%. Year to date, FFLS is down 0.94% versus a gain of 12.27% for IVV.
Over three years, FFLS compounded at +8.56% per year against +21.24% 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 12.7% compared with 9.2% for FFLS. 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 FFLS 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FFLS charges 1.60% per year while IVV charges 0.03%. On a $10,000 position that is $160 vs $3 annually, a gap of $157 per year that compounds over a long holding period. On income, FFLS currently yields 6.64% against 1.06% for IVV.
Holdings Overlap
At least 20.6% of IVV's money is in holdings FFLS also owns.
Stated as a floor: for FFLS, our book for it covers 79.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
IVV and FFLS share little of their money.
23 positions in common, counted across the 53 positions we hold weights for in FFLS and 490 in IVV, against full books of 60 and 508.
Top Shared Holdings
| Stock | Weight in FFLS | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 3.91% | 8.07% | 4.16% |
| AMZNAmazon.Com Inc | 5.15% | 3.84% | 1.31% |
| GOOGLAlphabet Inc,class A | 3.70% | 3.00% | 0.70% |
| AVGOBroadcom Inc | 2.40% | 2.65% | 0.25% |
| SQBlock Inc | 3.27% | 0.07% | 3.20% |
| EWEdwards Lifesciences Corp | 3.23% | 0.08% | 3.15% |
| INTCIntel Corporation | 2.41% | 0.67% | 1.74% |
| EQIXEquinix Inc. Real Estate Investment Trust | 2.70% | 0.16% | 2.54% |
| GLWCorning Inc. | 2.48% | 0.18% | 2.30% |
| AXONAxon Enterprise Inc | 2.40% | 0.07% | 2.33% |
20.6% of IVV is already inside FFLS.
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, FFLS or IVV?
FFLS has an expense ratio of 1.60% while IVV charges 0.03%. IVV is the cheaper option, by $157 a year on a $10,000 investment.
Which performed better, FFLS or IVV?
Over the past year FFLS returned -5.26% vs +17.04% 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, FFLS or IVV?
IVV has been the more volatile fund at 12.7% annualized versus 9.2% for FFLS. Worst drawdown: FFLS -11.1% vs IVV -18.8%.
Should I hold both FFLS and IVV?
FFLS and IVV have a monthly-return correlation of 0.70, 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 FFLS and IVV?
At least 20.6% of IVV's money is in holdings FFLS also owns. Our book for FFLS is partial, so the real figure is this or higher. They hold 23 positions in common, counted across the 53 positions we hold weights for in FFLS and 490 in IVV.
Which pays a higher dividend, FFLS or IVV?
FFLS yields 6.64% while IVV yields 1.06%, so FFLS currently pays the higher dividend yield.
Is IVV better than FFLS?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.