FLGB vs IVV
Franklin FTSE United Kingdom ETF vs iShares Core S&P 500 ETF
Which is better, FLGB or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. FLGB led over 1Y, IVV over 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 49.2%.
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 | FLGB | IVV |
|---|---|---|
| Expense Ratio | 0.09% | 0.03%Best |
| AUM | $912M | $886.7B |
| Dividend Yield | 2.85% | 1.10% |
| Holdings | 100 | 508 |
| YTD Return | +11.27% | +13.39%Best |
| 1Y Return | +21.39%Best | +20.08% |
| 3Y Return (annualized) | +20.40% | +21.29%Best |
| 5Y Return (annualized) | +12.26% | +12.88%Best |
| Volatility (annualized) | 16.8% | 16.3%Best |
| Max Drawdown | -46.6% | -33.9%Best |
| $10,000 over 5 years | $17,829 | $18,327Best |
| Top 10 Weight | 49.2% | 37.9%Best |
| Fund Family | Franklin Templeton Investments (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Nov 2, 2017 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Nov 6, 2017 to Sep 4, 2026 (8.8 years).
FLGB 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 8.8 years both funds cover.
FLGB vs IVV Performance
Franklin FTSE United Kingdom ETF (FLGB) 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 FLGB returned +21.39% while IVV returned +20.08%. Year to date, FLGB is up 11.27% versus a gain of 13.39% for IVV.
Over three years, FLGB compounded at +20.40% per year against +21.29% for IVV; over five years the annualized figures are +12.26% and +12.88% respectively. Across the full 9-year window we track, IVV has the edge at +14.11% annualized vs +7.09%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLGB has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 16.3% 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 -46.6% for FLGB 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FLGB 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, FLGB currently yields 2.85% against 1.10% for IVV.
Holdings Overlap
We hold position weights for 96 holdings in FLGB and 505 in IVV, totalling 99.7% 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 96 positions we hold weights for in FLGB and 505 in IVV, against full books of 100 and 508.
What only one of them owns
Our book lists 497 positions for IVV that do not appear in our book for FLGB (99.3% of the fund), and 5 for FLGB that do not appear in IVV (9.1%).
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.
You are not choosing between two funds in isolation.
Whichever of FLGB 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, FLGB or IVV?
FLGB has an expense ratio of 0.09% while IVV charges 0.03%. IVV is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, FLGB or IVV?
Over the past year FLGB returned +21.39% vs +20.08% for IVV, so FLGB leads on 1-year performance. Over the longest common window we track (9 years), FLGB annualized +7.09% vs +14.11% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLGB or IVV?
FLGB has been the more volatile fund at 16.8% annualized versus 16.3% for IVV. Worst drawdown: FLGB -46.6% vs IVV -33.9%.
Should I hold both FLGB and IVV?
FLGB and IVV have a monthly-return correlation of 0.76, 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, FLGB or IVV?
FLGB yields 2.85% while IVV yields 1.10%, so FLGB currently pays the higher dividend yield.
Is IVV better than FLGB?
IVV has a lower expense ratio. FLGB led over 1Y, IVV over 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 49.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.