FLUD vs IVV
Franklin Ultra Short Bond 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 505 holdings.
Side-by-Side Comparison
| Metric | FLUD | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.03% | |
| AUM | $561M | $865.2B | |
| Dividend Yield | 4.42% | 1.09% | |
| Holdings | 443 | 508 | |
| YTD Return | +1.70% | +13.43% | |
| 1Y Return | +3.95% | +22.61% | |
| 3Y Return (annualized) | +5.10% | +21.47% | |
| 5Y Return (annualized) | +3.68% | +13.26% | |
| Volatility (annualized) | 0.9% | 15.1% | |
| Max Drawdown | -1.7% | -56.5% | |
| Fund Family | Franklin Templeton Investments (US) | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jul 14, 2020 | May 15, 2000 |
FLUD vs IVV Performance
Franklin Ultra Short Bond ETF (FLUD) 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 FLUD returned +3.95% while IVV returned +22.61%. Year to date, FLUD is up 1.70% versus a gain of 13.43% for IVV.
Over three years, FLUD compounded at +5.10% per year against +21.47% for IVV; over five years the annualized figures are +3.68% and +13.26% respectively. Across the full 6-year window we track, IVV has the edge at +7.03% annualized vs +3.02%. 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 0.9% for FLUD. 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 -1.7% for FLUD 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 0.20. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FLUD charges 0.15% per year while IVV charges 0.03%. On a $10,000 position that is $15 vs $3 annually, a gap of $12 per year that compounds over a long holding period. On income, FLUD currently yields 4.42% against 1.09% for IVV.
Holdings Overlap
FLUD and IVV share 0 holdings out of 803 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, FLUD or IVV?
FLUD has an expense ratio of 0.15% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, FLUD or IVV?
Over the past year FLUD returned +3.95% vs +22.61% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (6 years), FLUD annualized +3.02% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, FLUD or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 0.9% for FLUD. Worst drawdown: FLUD -1.7% vs IVV -56.5%.
Should I hold both FLUD and IVV?
FLUD and IVV have a monthly-return correlation of 0.20, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FLUD and IVV?
FLUD and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 803 unique securities.
Which pays a higher dividend, FLUD or IVV?
FLUD yields 4.42% while IVV yields 1.09%, so FLUD 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.