FIAT vs IVV
YieldMax Short COIN Option Income Strategy ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. FIAT delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | FIAT | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.05% | 0.03% | |
| AUM | $33M | $907.0B | |
| Dividend Yield | 100.90% | 1.10% | |
| Holdings | 19 | 508 | |
| YTD Return | +17.06% | +13.22% | |
| 1Y Return | +34.58% | +21.62% | |
| 3Y Return (annualized) | - | +22.17% | |
| 5Y Return (annualized) | - | +13.42% | |
| Volatility (annualized) | 55.6% | 15.1% | |
| Max Drawdown | -70.5% | -56.5% | |
| Fund Family | YieldMax ETF | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 9, 2024 | May 15, 2000 |
FIAT vs IVV Performance
YieldMax Short COIN Option Income Strategy ETF (FIAT) is a ETF from YieldMax ETF and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FIAT returned +34.58% while IVV returned +21.62%. Year to date, FIAT is up 17.06% versus a gain of 13.22% for IVV.
Risk: Volatility and Drawdowns
FIAT has been the more volatile fund, with annualized monthly volatility of 55.6% compared with 15.1% 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 -56.5% for IVV. 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 -0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
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 100.90% against 1.10% for IVV.
Holdings Overlap
FIAT and IVV share 0 holdings out of 508 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $102 per year of difference.
Which performed better, FIAT or IVV?
Over the past year FIAT returned +34.58% vs +21.62% for IVV, so FIAT leads on 1-year performance. Over the longest common window we track (2 years), FIAT annualized -20.43% vs +7.02% for IVV. Past performance does not guarantee future results.
Which is riskier, FIAT or IVV?
FIAT has been the more volatile fund at 55.6% annualized versus 15.1% for IVV. Worst drawdown: FIAT -70.5% vs IVV -56.5%.
Should I hold both FIAT and IVV?
FIAT and IVV have a monthly-return correlation of -0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FIAT and IVV?
FIAT and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, FIAT or IVV?
FIAT yields 100.90% while IVV yields 1.10%, so FIAT currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.