FLCB vs IVV
Franklin US Core Bond ETF vs iShares Core S&P 500 ETF
Which is better, FLCB or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.
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 | FLCB | IVV |
|---|---|---|
| Expense Ratio | 0.15% | 0.03%Best |
| AUM | $3.1B | $886.7B |
| Dividend Yield | 4.38% | 1.10% |
| Holdings | 602 | 508 |
| YTD Return | -0.20% | +13.39%Best |
| 1Y Return | +1.42% | +20.08%Best |
| 3Y Return (annualized) | +4.47% | +21.29%Best |
| 5Y Return (annualized) | -0.34% | +12.88%Best |
| Volatility (annualized) | 5.6%Best | 16.7% |
| Max Drawdown | -20.4%Best | -33.9% |
| $10,000 over 5 years | $9,831 | $18,327Best |
| Fund Family | Franklin Templeton Investments (US) | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Blend |
| Inception | Sep 17, 2019 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 19, 2019 to Sep 4, 2026 (7 years).
FLCB 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FLCB vs IVV Performance
Franklin US Core Bond ETF (FLCB) is an ETF from Franklin Templeton Investments (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FLCB returned +1.42% while IVV returned +20.08%. Year to date, FLCB is down 0.20% versus a gain of 13.39% for IVV.
Over three years, FLCB compounded at +4.47% per year against +21.29% for IVV; over five years the annualized figures are -0.34% and +12.88% respectively. Across the full 7-year window we track, IVV has the edge at +15.70% annualized vs +0.22%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.7% compared with 5.6% for FLCB. 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 -20.4% for FLCB 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 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FLCB charges 0.15% per year while IVV charges 0.03%. On a $10,000 position that is $15 vs $3 annually, a gap of $12 per year that compounds over a long holding period. On income, FLCB currently yields 4.38% against 1.10% for IVV.
Holdings Overlap
We hold position weights for 4 holdings in FLCB and 505 in IVV, totalling 2.5% and 100.0% 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 4 positions we hold weights for in FLCB and 505 in IVV, against full books of 602 and 508.
You are not choosing between two funds in isolation.
Whichever of FLCB 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, FLCB or IVV?
FLCB has an expense ratio of 0.15% while IVV charges 0.03%. IVV is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, FLCB or IVV?
Over the past year FLCB returned +1.42% vs +20.08% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (7 years), FLCB annualized +0.22% vs +15.70% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLCB or IVV?
IVV has been the more volatile fund at 16.7% annualized versus 5.6% for FLCB. Worst drawdown: FLCB -20.4% vs IVV -33.9%.
Should I hold both FLCB and IVV?
FLCB and IVV have a monthly-return correlation of 0.54, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FLCB or IVV?
FLCB yields 4.38% while IVV yields 1.10%, so FLCB currently pays the higher dividend yield.
Is IVV better than FLCB?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.