FLTW vs IVV
Franklin FTSE Taiwan ETF vs iShares Core S&P 500 ETF
Which is better, FLTW or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. FLTW led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 51.0%.
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 | FLTW | IVV |
|---|---|---|
| Expense Ratio | 0.19% | 0.03%Best |
| AUM | $3.9B | $876.4B |
| Dividend Yield | 1.58% | 1.06% |
| Holdings | 139 | 508 |
| YTD Return | +79.87%Best | +14.15% |
| 1Y Return | +93.14%Best | +17.31% |
| 3Y Return (annualized) | +48.59%Best | +23.17% |
| 5Y Return (annualized) | +23.54%Best | +13.85% |
| Volatility (annualized) | 23.0% | 16.3%Best |
| Max Drawdown | -38.0% | -33.9%Best |
| $10,000 over 5 years | $28,777Best | $19,128 |
| Top 10 Weight | 51.0% | 37.8%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 21, 2026 (8.9 years).
FLTW 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 8.9 years both funds cover.
FLTW vs IVV Performance
Franklin FTSE Taiwan ETF (FLTW) 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 FLTW returned +93.14% while IVV returned +17.31%. Year to date, FLTW is up 79.87% versus a gain of 14.15% for IVV.
Over three years, FLTW compounded at +48.59% per year against +23.17% for IVV; over five years the annualized figures are +23.54% and +13.85% respectively. Across the full 9-year window we track, FLTW has the edge at +19.71% annualized vs +14.12%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLTW has been the more volatile fund, with annualized monthly volatility of 23.0% 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 -38.0% for FLTW 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 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FLTW charges 0.19% per year while IVV charges 0.03%. On a $10,000 position that is $19 vs $3 annually, a gap of $16 per year that compounds over a long holding period. On income, FLTW currently yields 1.58% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 133 holdings in FLTW and 490 in IVV, totalling 99.7% and 99.3% 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 133 positions we hold weights for in FLTW and 490 in IVV, against full books of 139 and 508.
What only one of them owns
Our book lists 482 positions for IVV that do not appear in our book for FLTW (98.6% of the fund), and 1 for FLTW that do not appear in IVV (0.1%).
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 FLTW 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, FLTW or IVV?
FLTW has an expense ratio of 0.19% while IVV charges 0.03%. IVV is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, FLTW or IVV?
Over the past year FLTW returned +93.14% vs +17.31% for IVV, so FLTW leads on 1-year performance. Over the longest common window we track (9 years), FLTW annualized +19.71% vs +14.12% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLTW or IVV?
FLTW has been the more volatile fund at 23.0% annualized versus 16.3% for IVV. Worst drawdown: FLTW -38.0% vs IVV -33.9%.
Should I hold both FLTW and IVV?
FLTW and IVV have a monthly-return correlation of 0.68, 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, FLTW or IVV?
FLTW yields 1.58% while IVV yields 1.06%, so FLTW currently pays the higher dividend yield.
Is IVV better than FLTW?
IVV has a lower expense ratio. FLTW led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 51.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.