FRIZ vs IVV
Franklin Dividend Growth 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 | FRIZ | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.03% | |
| AUM | $5M | $865.2B | |
| Dividend Yield | 0.51% | 1.09% | |
| Holdings | 45 | 508 | |
| YTD Return | +8.59% | +13.80% | |
| 1Y Return | +12.12% | +23.01% | |
| 3Y Return (annualized) | - | +21.77% | |
| 5Y Return (annualized) | - | +13.39% | |
| Volatility (annualized) | 9.0% | 15.1% | |
| Max Drawdown | -7.8% | -56.5% | |
| Fund Family | Franklin Templeton Investments (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Aug 28, 2025 | May 15, 2000 |
FRIZ vs IVV Performance
Franklin Dividend Growth ETF (FRIZ) 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 FRIZ returned +12.12% while IVV returned +23.01%. Year to date, FRIZ is up 8.59% versus a gain of 13.80% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 9.0% for FRIZ. 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 -7.8% for FRIZ 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FRIZ 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, FRIZ currently yields 0.51% against 1.09% for IVV.
Holdings Overlap
FRIZ and IVV share 4 holdings out of 506 unique holdings combined, representing a 5.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FRIZ or IVV?
FRIZ has an expense ratio of 0.49% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $46 per year of difference.
Which performed better, FRIZ or IVV?
Over the past year FRIZ returned +12.12% vs +23.01% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results.
Which is riskier, FRIZ or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 9.0% for FRIZ. Worst drawdown: FRIZ -7.8% vs IVV -56.5%.
Should I hold both FRIZ and IVV?
FRIZ and IVV have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FRIZ and IVV?
FRIZ and IVV share 4 common holdings with a 5.1% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, FRIZ or IVV?
FRIZ yields 0.51% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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