FINX vs IVV
Global X FinTech ETF vs iShares Core S&P 500 ETF
Which is better, FINX or IVV?
Mid Cap Growth against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 50.5%.
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 | FINX | IVV |
|---|---|---|
| Expense Ratio | 0.68% | 0.03%Best |
| AUM | $157M | $882.6B |
| Dividend Yield | 0.79% | 1.06% |
| Holdings | 77 | 508 |
| YTD Return | -17.30% | +13.60%Best |
| 1Y Return | -28.78% | +16.32%Best |
| 3Y Return (annualized) | +8.50% | +23.81%Best |
| 5Y Return (annualized) | -11.00% | +14.03%Best |
| Volatility (annualized) | 27.1% | 15.4%Best |
| Max Drawdown | -63.5% | -33.9%Best |
| $10,000 over 5 years | $5,584 | $19,279Best |
| Top 10 Weight | 50.5% | 38.1%Best |
| Fund Family | Global X by mirae Asset | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Sep 12, 2016 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Sep 13, 2016 to Oct 2, 2026 (10.1 years).
FINX 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 10.1 years both funds cover.
FINX vs IVV Performance
Global X FinTech ETF (FINX) is an ETF from Global X by mirae Asset and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FINX returned -28.78% while IVV returned +16.32%. Year to date, FINX is down 17.30% versus a gain of 13.60% for IVV.
Over three years, FINX compounded at +8.50% per year against +23.81% for IVV; over five years the annualized figures are -11.00% and +14.03% respectively. Across the full 10-year window we track, IVV has the edge at +14.51% annualized vs +5.74%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FINX has been the more volatile fund, with annualized monthly volatility of 27.1% compared with 15.4% 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 -63.5% for FINX and -33.9% 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FINX charges 0.68% per year while IVV charges 0.03%. On a $10,000 position that is $68 vs $3 annually, a gap of $65 per year that compounds over a long holding period. On income, FINX currently yields 0.79% against 1.06% for IVV.
Holdings Overlap
44.0% of FINX's money is in holdings IVV also owns. 0.6% of IVV's money is in holdings FINX also owns.
The two portfolios partly overlap.
9 positions in common, counted across the 79 positions we hold weights for in FINX and 505 in IVV, against full books of 77 and 508.
What only one of them owns
Our book lists 488 positions for IVV that do not appear in our book for FINX (98.7% of the fund), and 43 for FINX that do not appear in IVV (37.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in FINX | Weight in IVV | Difference |
|---|---|---|---|
| HOODRobinhood Markets Inc - A | 7.97% | 0.13% | 7.84% |
| SQBlock Inc | 6.70% | 0.06% | 6.64% |
| PYPLPaypay Holdings, Inc. | 6.43% | 0.07% | 6.36% |
| COINCoinbase Globa-A | 4.86% | 0.06% | 4.80% |
| FIFiserv, Inc. (United States) | 4.60% | 0.04% | 4.56% |
| GPNGlobal Payments Inc. | 4.27% | 0.03% | 4.24% |
| INTUIntuit, Inc. | 3.93% | 0.13% | 3.80% |
| FISFidelity National Information Srvcs Inc | 3.22% | 0.03% | 3.19% |
| JKHYJack Henry & Associates Inc | 2.01% | 0.02% | 1.99% |
44.0% of FINX is already inside IVV.
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, FINX or IVV?
FINX has an expense ratio of 0.68% while IVV charges 0.03%. IVV is the cheaper option, by $65 a year on a $10,000 investment.
Which performed better, FINX or IVV?
Over the past year FINX returned -28.78% vs +16.32% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (10 years), FINX annualized +5.74% vs +14.51% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FINX or IVV?
FINX has been the more volatile fund at 27.1% annualized versus 15.4% for IVV. Worst drawdown: FINX -63.5% vs IVV -33.9%.
Should I hold both FINX and IVV?
FINX and IVV have a monthly-return correlation of 0.80, 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 FINX and IVV?
44.0% of FINX's money is in holdings IVV also owns. 0.6% of IVV's is in holdings FINX also owns. They hold 9 positions in common, counted across the 79 positions we hold weights for in FINX and 505 in IVV.
Which pays a higher dividend, FINX or IVV?
FINX yields 0.79% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than FINX?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 50.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.