FIIG vs IVV
First Trust Intermediate Duration Investment Grade Corporate ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | FIIG | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.03% | |
| AUM | $646M | $907.0B | |
| Dividend Yield | 5.05% | 1.10% | |
| Holdings | 235 | 508 | |
| YTD Return | -0.63% | +14.29% | |
| 1Y Return | +1.57% | +21.79% | |
| 3Y Return (annualized) | +5.51% | +22.19% | |
| 5Y Return (annualized) | - | +13.28% | |
| Volatility (annualized) | 6.2% | 15.1% | |
| Max Drawdown | -5.5% | -56.5% | |
| Fund Family | First Trust Portfolios (US) | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Aug 2, 2023 | May 15, 2000 |
FIIG vs IVV Performance
First Trust Intermediate Duration Investment Grade Corporate ETF (FIIG) is a ETF from First Trust Portfolios (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FIIG returned +1.57% while IVV returned +21.79%. Year to date, FIIG is down 0.63% versus a gain of 14.29% for IVV.
Over three years, FIIG compounded at +5.51% per year against +22.19% for IVV. Across the full 3-year window we track, IVV has the edge at +7.06% annualized vs +5.40%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 6.2% for FIIG. 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 -5.5% for FIIG 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FIIG charges 0.49% per year while IVV charges 0.03%. On a $10,000 position that is $49 vs $3 annually, a gap of $46 per year that compounds over a long holding period. On income, FIIG currently yields 5.05% against 1.10% for IVV.
Holdings Overlap
FIIG and IVV share 1 holdings out of 664 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 FIIG | Weight in IVV | Difference |
|---|---|---|---|
| AON | 0.29% | 0.12% | 0.17% |
Frequently Asked Questions
Which is cheaper, FIIG or IVV?
FIIG has an expense ratio of 0.49% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $46 per year of difference.
Which performed better, FIIG or IVV?
Over the past year FIIG returned +1.57% vs +21.79% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (3 years), FIIG annualized +5.40% vs +7.06% for IVV. Past performance does not guarantee future results.
Which is riskier, FIIG or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 6.2% for FIIG. Worst drawdown: FIIG -5.5% vs IVV -56.5%.
Should I hold both FIIG and IVV?
FIIG and IVV have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FIIG and IVV?
FIIG and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 664 unique securities.
Which pays a higher dividend, FIIG or IVV?
FIIG yields 5.05% while IVV yields 1.10%, so FIIG 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.