FLEU vs IVV
Franklin FTSE Eurozone 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 | FLEU | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.03% | |
| AUM | $74M | $907.0B | |
| Dividend Yield | 2.68% | 1.10% | |
| Holdings | 265 | 508 | |
| YTD Return | +11.17% | +12.96% | |
| 1Y Return | +19.87% | +20.70% | |
| 3Y Return (annualized) | +20.54% | +22.10% | |
| 5Y Return (annualized) | +12.50% | +13.40% | |
| Volatility (annualized) | 15.7% | 15.1% | |
| Max Drawdown | -35.6% | -56.5% | |
| Fund Family | Franklin Templeton Investments (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Nov 2, 2017 | May 15, 2000 |
FLEU vs IVV Performance
Franklin FTSE Eurozone ETF (FLEU) is a ETF from Franklin Templeton Investments (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FLEU returned +19.87% while IVV returned +20.70%. Year to date, FLEU is up 11.17% versus a gain of 12.96% for IVV.
Over three years, FLEU compounded at +20.54% per year against +22.10% for IVV; over five years the annualized figures are +12.50% and +13.40% respectively. Across the full 9-year window we track, FLEU has the edge at +8.53% annualized vs +7.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLEU has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 15.1% 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 -35.6% for FLEU 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FLEU charges 0.09% per year while IVV charges 0.03%. On a $10,000 position that is $9 vs $3 annually, a gap of $6 per year that compounds over a long holding period. On income, FLEU currently yields 2.68% against 1.10% for IVV.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, FLEU or IVV?
FLEU has an expense ratio of 0.09% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, FLEU or IVV?
Over the past year FLEU returned +19.87% vs +20.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (9 years), FLEU annualized +8.53% vs +7.01% for IVV. Past performance does not guarantee future results.
Which is riskier, FLEU or IVV?
FLEU has been the more volatile fund at 15.7% annualized versus 15.1% for IVV. Worst drawdown: FLEU -35.6% vs IVV -56.5%.
Should I hold both FLEU and IVV?
FLEU and IVV have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FLEU and IVV?
FLEU and IVV share 2 common holdings with a 0.1% weight overlap. Combined, they hold 758 unique securities.
Which pays a higher dividend, FLEU or IVV?
FLEU yields 2.68% while IVV yields 1.10%, so FLEU currently pays the higher dividend yield.
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