FPWR vs IVV
First Trust EIP Power Solutions 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 | FPWR | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.96% | 0.03% | |
| AUM | $30M | $865.2B | |
| Dividend Yield | 1.82% | 1.09% | |
| Holdings | 60 | 508 | |
| YTD Return | +12.39% | +13.72% | |
| 1Y Return | +15.14% | +21.64% | |
| 3Y Return (annualized) | +18.04% | +21.55% | |
| 5Y Return (annualized) | +11.35% | +13.27% | |
| Volatility (annualized) | 14.5% | 15.1% | |
| Max Drawdown | -32.3% | -56.5% | |
| Fund Family | First Trust Portfolios (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Aug 20, 2019 | May 15, 2000 |
FPWR vs IVV Performance
First Trust EIP Power Solutions ETF (FPWR) is a ETF from First Trust Portfolios (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FPWR returned +15.14% while IVV returned +21.64%. Year to date, FPWR is up 12.39% versus a gain of 13.72% for IVV.
Over three years, FPWR compounded at +18.04% per year against +21.55% for IVV; over five years the annualized figures are +11.35% and +13.27% respectively. Across the full 7-year window we track, FPWR has the edge at +11.07% annualized vs +7.04%. 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 14.5% for FPWR. 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 -32.3% for FPWR 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 0.64. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FPWR charges 0.96% per year while IVV charges 0.03%. On a $10,000 position that is $96 vs $3 annually, a gap of $93 per year that compounds over a long holding period. On income, FPWR currently yields 1.82% against 1.09% for IVV.
Holdings Overlap
FPWR and IVV share 33 holdings out of 529 unique holdings combined, representing a 2.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FPWR or IVV?
FPWR has an expense ratio of 0.96% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $93 per year of difference.
Which performed better, FPWR or IVV?
Over the past year FPWR returned +15.14% vs +21.64% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (7 years), FPWR annualized +11.07% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, FPWR or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 14.5% for FPWR. Worst drawdown: FPWR -32.3% vs IVV -56.5%.
Should I hold both FPWR and IVV?
FPWR and IVV have a monthly-return correlation of 0.64, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FPWR and IVV?
FPWR and IVV share 33 common holdings with a 2.8% weight overlap. Combined, they hold 529 unique securities.
Which pays a higher dividend, FPWR or IVV?
FPWR yields 1.82% while IVV yields 1.09%, so FPWR currently pays the higher dividend yield.
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