FOWF vs IVV
Pacer Solactive Whitney Future of Warfare ETF vs iShares Core S&P 500 ETF
Which is better, FOWF or IVV?
Each has led over a different period.
IVV has a lower expense ratio. FOWF led over the full window, IVV over 1Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 46.6%.
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 | FOWF | IVV |
|---|---|---|
| Expense Ratio | 0.49% | 0.03%Best |
| AUM | $16M | $876.4B |
| Dividend Yield | 0.73% | 1.06% |
| Holdings | 98 | 508 |
| YTD Return | +8.91% | +12.51%Best |
| 1Y Return | +12.47% | +17.57%Best |
| 3Y Return (annualized) | - | +21.27% |
| 5Y Return (annualized) | - | +12.95% |
| Volatility (annualized) | 12.8% | 12.6%Best |
| Max Drawdown | -12.3%Best | -18.8% |
| $10,000 over 1.7 years | $14,206Best | $13,249 |
| Top 10 Weight | 46.6% | 37.9%Best |
| Fund Family | Pacer ETFs | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 17, 2024 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Dec 18, 2024 to Sep 11, 2026 (1.7 years).
FOWF 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 1.7 years both funds cover.
FOWF vs IVV Performance
Pacer Solactive Whitney Future of Warfare ETF (FOWF) is an ETF from Pacer ETFs and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FOWF returned +12.47% while IVV returned +17.57%. Year to date, FOWF is up 8.91% versus a gain of 12.51% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FOWF has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 12.6% 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 -12.3% for FOWF and -18.8% 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 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FOWF charges 0.49% per year while IVV charges 0.03%. On a $10,000 position that is $49 vs $3 annually, a gap of $46 per year that compounds over a long holding period. On income, FOWF currently yields 0.73% against 1.06% for IVV.
Holdings Overlap
74.2% of FOWF's money is in holdings IVV also owns. 28.8% of IVV's money is in holdings FOWF also owns.
Most of FOWF is already inside IVV. Owning both mostly buys the same companies twice.
55 positions in common, counted across the 93 positions we hold weights for in FOWF and 505 in IVV, against full books of 98 and 508.
What only one of them owns
Our book lists 441 positions for IVV that do not appear in our book for FOWF (70.6% of the fund), and 8 for FOWF that do not appear in IVV (4.9%).
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.
Top Shared Holdings
| Stock | Weight in FOWF | Weight in IVV | Difference |
|---|---|---|---|
| RTXRaytheon Technologies Corp | 8.38% | 0.45% | 7.93% |
| NVDANvidia Corp. | 0.63% | 7.98% | 7.35% |
| LMTLockheed Martin Corp | 7.70% | 0.18% | 7.52% |
| GDGeneral Dynamics Corp. | 7.58% | 0.15% | 7.43% |
| BABoeing Co | 7.01% | 0.28% | 6.73% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 0.71% | 5.44% | 4.73% |
| NOCNorthrop Grumman Corp. | 4.94% | 0.11% | 4.83% |
| AMZNAmazon.Com Inc | 0.62% | 4.01% | 3.39% |
| GOOGAlphabet Inc | 0.58% | 2.56% | 1.98% |
| DELLDell Technologies Inc. | 2.16% | 0.20% | 1.96% |
74.2% of FOWF is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FOWF or IVV?
FOWF has an expense ratio of 0.49% while IVV charges 0.03%. IVV is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, FOWF or IVV?
Over the past year FOWF returned +12.47% vs +17.57% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), FOWF annualized +22.94% vs +18.00% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FOWF or IVV?
FOWF has been the more volatile fund at 12.8% annualized versus 12.6% for IVV. Worst drawdown: FOWF -12.3% vs IVV -18.8%.
Should I hold both FOWF and IVV?
FOWF and IVV have a monthly-return correlation of 0.54, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FOWF and IVV?
74.2% of FOWF's money is in holdings IVV also owns. 28.8% of IVV's is in holdings FOWF also owns. They hold 55 positions in common, counted across the 93 positions we hold weights for in FOWF and 505 in IVV.
Which pays a higher dividend, FOWF or IVV?
FOWF yields 0.73% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than FOWF?
IVV has a lower expense ratio. FOWF led over the full window, IVV over 1Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 46.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.