FFLV vs IGBH
Fidelity Fundamental Large Cap Value ETF vs iShares Interest Rate Hedged Long-Term Corporate Bond ETF
Quick Verdict
IGBH has a lower expense ratio. FFLV delivered stronger 1-year returns. FFLV offers more diversification with 105 holdings.
Side-by-Side Comparison
| Metric | FFLV | IGBH | Winner |
|---|---|---|---|
| Expense Ratio | 0.38% | 0.14% | |
| AUM | $16M | $203M | |
| Dividend Yield | 1.41% | 5.68% | |
| Holdings | 119 | 4,130 | |
| YTD Return | +18.17% | +1.39% | |
| 1Y Return | +30.12% | +5.28% | |
| 3Y Return (annualized) | - | +7.45% | |
| 5Y Return (annualized) | - | +5.28% | |
| Volatility (annualized) | 12.3% | 7.5% | |
| Max Drawdown | -16.7% | -38.9% | |
| Fund Family | Fidelity Investments (US) | iShares by BlackRock (US) | |
| Category | Equity | Fixed Income | |
| Inception | Feb 9, 2024 | Jul 22, 2015 |
FFLV vs IGBH Performance
Fidelity Fundamental Large Cap Value ETF (FFLV) is a ETF from Fidelity Investments (US) and iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) is a ETF from iShares by BlackRock (US). Over the past year FFLV returned +30.12% while IGBH returned +5.28%. Year to date, FFLV is up 18.17% versus a gain of 1.39% for IGBH.
Risk: Volatility and Drawdowns
FFLV has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 7.5% for IGBH. 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 -16.7% for FFLV and -38.9% for IGBH. 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 0.32. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FFLV charges 0.38% per year while IGBH charges 0.14%. On a $10,000 position that is $38 vs $14 annually, a gap of $24 per year that compounds over a long holding period. On income, FFLV currently yields 1.41% against 5.68% for IGBH.
Holdings Overlap
FFLV and IGBH share 1 holdings out of 180 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FFLV | Weight in IGBH | Difference |
|---|---|---|---|
| GM 5.15 04/01/38 | 0.50% | 0.05% | 0.45% |
Frequently Asked Questions
Which is cheaper, FFLV or IGBH?
FFLV has an expense ratio of 0.38% while IGBH charges 0.14%. IGBH is the cheaper option. On a $10,000 investment, that is $24 per year of difference.
Which performed better, FFLV or IGBH?
Over the past year FFLV returned +30.12% vs +5.28% for IGBH, so FFLV leads on 1-year performance. Over the longest common window we track (3 years), FFLV annualized +17.59% vs +2.84% for IGBH. Past performance does not guarantee future results.
Which is riskier, FFLV or IGBH?
FFLV has been the more volatile fund at 12.3% annualized versus 7.5% for IGBH. Worst drawdown: FFLV -16.7% vs IGBH -38.9%.
Should I hold both FFLV and IGBH?
FFLV and IGBH have a monthly-return correlation of 0.32, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FFLV and IGBH?
FFLV and IGBH share 1 common holdings with a 0.1% weight overlap. Combined, they hold 180 unique securities.
Which pays a higher dividend, FFLV or IGBH?
FFLV yields 1.41% while IGBH yields 5.68%, so IGBH currently pays the higher dividend yield.
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