FLCG vs IVV
Federated Hermes MDT Large Cap Growth ETF vs iShares Core S&P 500 ETF
Which is better, FLCG or IVV?
Large Cap Growth against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.93. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 57.4%.
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 | FLCG | IVV |
|---|---|---|
| Expense Ratio | 0.39% | 0.03%Best |
| AUM | $609M | $876.4B |
| Dividend Yield | 0.04% | 1.06% |
| Holdings | 100 | 508 |
| YTD Return | +4.98% | +11.03%Best |
| 1Y Return | +6.65% | +15.62%Best |
| 3Y Return (annualized) | - | +20.81% |
| 5Y Return (annualized) | - | +12.61% |
| Volatility (annualized) | 15.7% | 12.3%Best |
| Max Drawdown | -22.9% | -18.8%Best |
| $10,000 over 2.1 years | $13,734 | $13,988Best |
| Top 10 Weight | 57.4% | 37.8%Best |
| Fund Family | Federated Hermes | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Jul 30, 2024 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Jul 31, 2024 to Sep 16, 2026 (2.1 years).
FLCG 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 2.1 years both funds cover.
FLCG vs IVV Performance
Federated Hermes MDT Large Cap Growth ETF (FLCG) is an ETF from Federated Hermes and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FLCG returned +6.65% while IVV returned +15.62%. Year to date, FLCG is up 4.98% versus a gain of 11.03% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLCG has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 12.3% 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 -22.9% for FLCG 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FLCG charges 0.39% per year while IVV charges 0.03%. On a $10,000 position that is $39 vs $3 annually, a gap of $36 per year that compounds over a long holding period. On income, FLCG currently yields 0.04% against 1.06% for IVV.
Holdings Overlap
91.7% of FLCG's money is in holdings IVV also owns. 49.9% of IVV's money is in holdings FLCG also owns.
Most of FLCG is already inside IVV. Owning both mostly buys the same companies twice.
68 positions in common, counted across the 100 positions we hold weights for in FLCG and 490 in IVV, against full books of 100 and 508.
What only one of them owns
Our book lists 415 positions for IVV that do not appear in our book for FLCG (49.0% of the fund), and 26 for FLCG that do not appear in IVV (7.3%).
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 FLCG | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 14.89% | 8.07% | 6.82% |
| GOOGLAlphabet Inc,class A | 12.29% | 3.00% | 9.29% |
| AAPLApple, Inc | 7.91% | 7.02% | 0.89% |
| MSFTMicrosoft Corp | 5.05% | 5.69% | 0.64% |
| AVGOBroadcom Inc | 3.58% | 2.65% | 0.93% |
| TSLATesla Inc | 3.20% | 1.56% | 1.64% |
| MUMicron Technology, Inc. | 3.00% | 1.63% | 1.37% |
| METAMeta Platforms Inc | 2.61% | 1.90% | 0.71% |
| AMZNAmazon.Com Inc | 0.50% | 3.84% | 3.34% |
| LLYEli Lilly & Co. | 2.22% | 1.38% | 0.84% |
91.7% of FLCG 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, FLCG or IVV?
FLCG has an expense ratio of 0.39% while IVV charges 0.03%. IVV is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, FLCG or IVV?
Over the past year FLCG returned +6.65% vs +15.62% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), FLCG annualized +16.31% vs +17.33% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLCG or IVV?
FLCG has been the more volatile fund at 15.7% annualized versus 12.3% for IVV. Worst drawdown: FLCG -22.9% vs IVV -18.8%.
Should I hold both FLCG and IVV?
FLCG and IVV have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between FLCG and IVV?
91.7% of FLCG's money is in holdings IVV also owns. 49.9% of IVV's is in holdings FLCG also owns. They hold 68 positions in common, counted across the 100 positions we hold weights for in FLCG and 490 in IVV.
Which pays a higher dividend, FLCG or IVV?
FLCG yields 0.04% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than FLCG?
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.93. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 57.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.