FLQS vs IVV
Franklin US Small Cap Multifactor Index 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 | FLQS | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.03% | |
| AUM | $53M | $907.0B | |
| Dividend Yield | 1.33% | 1.10% | |
| Holdings | 499 | 508 | |
| YTD Return | +16.14% | +13.22% | |
| 1Y Return | +17.62% | +21.62% | |
| 3Y Return (annualized) | +13.55% | +22.17% | |
| 5Y Return (annualized) | +7.17% | +13.42% | |
| Volatility (annualized) | 18.6% | 15.1% | |
| Max Drawdown | -42.2% | -56.5% | |
| Fund Family | Franklin Templeton Investments (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Apr 26, 2017 | May 15, 2000 |
FLQS vs IVV Performance
Franklin US Small Cap Multifactor Index ETF (FLQS) 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 FLQS returned +17.62% while IVV returned +21.62%. Year to date, FLQS is up 16.14% versus a gain of 13.22% for IVV.
Over three years, FLQS compounded at +13.55% per year against +22.17% for IVV; over five years the annualized figures are +7.17% and +13.42% respectively. Across the full 9-year window we track, FLQS has the edge at +8.91% annualized vs +7.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLQS has been the more volatile fund, with annualized monthly volatility of 18.6% 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 -42.2% for FLQS 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FLQS charges 0.35% per year while IVV charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, FLQS currently yields 1.33% against 1.10% for IVV.
Holdings Overlap
FLQS and IVV share 0 holdings out of 996 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, FLQS or IVV?
FLQS has an expense ratio of 0.35% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, FLQS or IVV?
Over the past year FLQS returned +17.62% vs +21.62% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (9 years), FLQS annualized +8.91% vs +7.02% for IVV. Past performance does not guarantee future results.
Which is riskier, FLQS or IVV?
FLQS has been the more volatile fund at 18.6% annualized versus 15.1% for IVV. Worst drawdown: FLQS -42.2% vs IVV -56.5%.
Should I hold both FLQS and IVV?
FLQS and IVV have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FLQS and IVV?
FLQS and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 996 unique securities.
Which pays a higher dividend, FLQS or IVV?
FLQS yields 1.33% while IVV yields 1.10%, so FLQS 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.