FLTR vs IVV
VanEck IG Floating Rate 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 | FLTR | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.14% | 0.03% | |
| AUM | $2.9B | $907.0B | |
| Dividend Yield | 4.63% | 1.10% | |
| Holdings | 454 | 508 | |
| YTD Return | +2.82% | +12.96% | |
| 1Y Return | +4.81% | +20.70% | |
| 3Y Return (annualized) | +5.96% | +22.10% | |
| 5Y Return (annualized) | +4.66% | +13.40% | |
| Volatility (annualized) | 13.2% | 15.1% | |
| Max Drawdown | -58.9% | -56.5% | |
| Fund Family | VanEck | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Apr 25, 2011 | May 15, 2000 |
FLTR vs IVV Performance
VanEck IG Floating Rate ETF (FLTR) is a ETF from VanEck and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FLTR returned +4.81% while IVV returned +20.70%. Year to date, FLTR is up 2.82% versus a gain of 12.96% for IVV.
Over three years, FLTR compounded at +5.96% per year against +22.10% for IVV; over five years the annualized figures are +4.66% and +13.40% respectively. Across the full 15-year window we track, IVV has the edge at +7.01% 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 13.2% for FLTR. 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 -58.9% for FLTR 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 0.24. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FLTR charges 0.14% per year while IVV charges 0.03%. On a $10,000 position that is $14 vs $3 annually, a gap of $11 per year that compounds over a long holding period. On income, FLTR currently yields 4.63% against 1.10% for IVV.
Holdings Overlap
FLTR and IVV share 0 holdings out of 758 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, FLTR or IVV?
FLTR has an expense ratio of 0.14% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $11 per year of difference.
Which performed better, FLTR or IVV?
Over the past year FLTR returned +4.81% vs +20.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (15 years), FLTR annualized -2.86% vs +7.01% for IVV. Past performance does not guarantee future results.
Which is riskier, FLTR or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 13.2% for FLTR. Worst drawdown: FLTR -58.9% vs IVV -56.5%.
Should I hold both FLTR and IVV?
FLTR and IVV have a monthly-return correlation of 0.24, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FLTR and IVV?
FLTR and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 758 unique securities.
Which pays a higher dividend, FLTR or IVV?
FLTR yields 4.63% while IVV yields 1.10%, so FLTR currently pays the higher dividend yield.
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