FLDR vs IVV
Fidelity Low Duration Bond Factor 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 505 holdings.
Side-by-Side Comparison
| Metric | FLDR | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.03% | |
| AUM | $1.9B | $865.2B | |
| Dividend Yield | 4.69% | 1.09% | |
| Holdings | 361 | 508 | |
| YTD Return | -0.35% | +13.72% | |
| 1Y Return | +1.25% | +21.64% | |
| 3Y Return (annualized) | +4.33% | +21.55% | |
| 5Y Return (annualized) | +3.20% | +13.27% | |
| Volatility (annualized) | 2.1% | 15.1% | |
| Max Drawdown | -12.2% | -56.5% | |
| Fund Family | Fidelity Investments (US) | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jun 12, 2018 | May 15, 2000 |
FLDR vs IVV Performance
Fidelity Low Duration Bond Factor ETF (FLDR) is a ETF from Fidelity Investments (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FLDR returned +1.25% while IVV returned +21.64%. Year to date, FLDR is down 0.35% versus a gain of 13.72% for IVV.
Over three years, FLDR compounded at +4.33% per year against +21.55% for IVV; over five years the annualized figures are +3.20% and +13.27% respectively. Across the full 8-year window we track, IVV has the edge at +7.04% annualized vs +2.86%. 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 2.1% for FLDR. 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 -12.2% for FLDR 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 0.50. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FLDR 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, FLDR currently yields 4.69% against 1.09% for IVV.
Holdings Overlap
FLDR and IVV share 0 holdings out of 804 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, FLDR or IVV?
FLDR has an expense ratio of 0.15% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, FLDR or IVV?
Over the past year FLDR returned +1.25% vs +21.64% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (8 years), FLDR annualized +2.86% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, FLDR or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 2.1% for FLDR. Worst drawdown: FLDR -12.2% vs IVV -56.5%.
Should I hold both FLDR and IVV?
FLDR and IVV have a monthly-return correlation of 0.50, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FLDR and IVV?
FLDR and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 804 unique securities.
Which pays a higher dividend, FLDR or IVV?
FLDR yields 4.69% while IVV yields 1.09%, so FLDR 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.