FIAT vs IVV
YieldMax Short COIN Option Income Strategy ETF vs iShares Core S&P 500 ETF
Which is better, FIAT or IVV?
Opposite sides of the same exposure.
IVV has a lower expense ratio. FIAT led over 1Y, IVV over the full window. The two move opposite each other, correlation -0.57, so holding both offsets the exposure while paying both fees.
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 | FIAT | IVV |
|---|---|---|
| Expense Ratio | 1.05% | 0.03%Best |
| AUM | $29M | $882.6B |
| Dividend Yield | 124.21% | 1.06% |
| Holdings | 15 | 508 |
| YTD Return | +0.69% | +13.60%Best |
| 1Y Return | +37.88%Best | +16.32% |
| 3Y Return (annualized) | - | +23.81% |
| 5Y Return (annualized) | - | +14.03% |
| Volatility (annualized) | 54.9% | 11.9%Best |
| Max Drawdown | -70.5% | -18.8%Best |
| $10,000 over 2.2 years | $5,357 | $14,033Best |
| Fund Family | YieldMax ETF | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Blend |
| Inception | Jul 9, 2024 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 10, 2024 to Oct 2, 2026 (2.2 years).
FIAT 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 2.2 years both funds cover.
FIAT vs IVV Performance
YieldMax Short COIN Option Income Strategy ETF (FIAT) is an ETF from YieldMax ETF and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FIAT returned +37.88% while IVV returned +16.32%. Year to date, FIAT is up 0.69% versus a gain of 13.60% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FIAT has been the more volatile fund, with annualized monthly volatility of 54.9% compared with 11.9% 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 -70.5% for FIAT 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 -0.57. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
FIAT charges 1.05% per year while IVV charges 0.03%. On a $10,000 position that is $105 vs $3 annually, a gap of $102 per year that compounds over a long holding period. On income, FIAT currently yields 124.21% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 2 holdings in FIAT and 505 in IVV, totalling 18.2% and 99.9% 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 2 positions we hold weights for in FIAT and 505 in IVV, against full books of 15 and 508.
You are not choosing between two funds in isolation.
Whichever of FIAT 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, FIAT or IVV?
FIAT has an expense ratio of 1.05% while IVV charges 0.03%. IVV is the cheaper option, by $102 a year on a $10,000 investment.
Which performed better, FIAT or IVV?
Over the past year FIAT returned +37.88% vs +16.32% for IVV, so FIAT leads on 1-year performance. Over the longest common window we track (2 years), FIAT annualized -24.70% vs +16.65% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FIAT or IVV?
FIAT has been the more volatile fund at 54.9% annualized versus 11.9% for IVV. Worst drawdown: FIAT -70.5% vs IVV -18.8%.
Should I hold both FIAT and IVV?
FIAT and IVV have a monthly-return correlation of -0.57, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, FIAT or IVV?
FIAT yields 124.21% while IVV yields 1.06%, so FIAT currently pays the higher dividend yield.
Is IVV better than FIAT?
IVV has a lower expense ratio. FIAT led over 1Y, IVV over the full window. The two move opposite each other, correlation -0.57, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.