FRTY vs IVV
Alger Mid Cap 40 ETF vs iShares Core S&P 500 ETF
Which is better, FRTY or IVV?
Mid Cap Growth against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.
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 | FRTY | IVV |
|---|---|---|
| Expense Ratio | 0.60% | 0.03%Best |
| AUM | $149M | $886.7B |
| Dividend Yield | 0.18% | 1.10% |
| Holdings | 41 | 508 |
| YTD Return | +4.24% | +13.39%Best |
| 1Y Return | +9.62% | +20.08%Best |
| 3Y Return (annualized) | +20.29% | +21.29%Best |
| 5Y Return (annualized) | -0.02% | +12.88%Best |
| Volatility (annualized) | 22.9% | 15.3%Best |
| Max Drawdown | -53.1% | -24.5%Best |
| $10,000 over 5 years | $9,990 | $18,327Best |
| Fund Family | Alger | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Feb 26, 2021 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Mar 1, 2021 to Sep 4, 2026 (5.5 years).
FRTY 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 5.5 years both funds cover.
FRTY vs IVV Performance
Alger Mid Cap 40 ETF (FRTY) is an ETF from Alger and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FRTY returned +9.62% while IVV returned +20.08%. Year to date, FRTY is up 4.24% versus a gain of 13.39% for IVV.
Over three years, FRTY compounded at +20.29% per year against +21.29% for IVV; over five years the annualized figures are -0.02% and +12.88% respectively. Across the full 6-year window we track, IVV has the edge at +14.77% annualized vs +2.50%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FRTY has been the more volatile fund, with annualized monthly volatility of 22.9% compared with 15.3% 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 -53.1% for FRTY and -24.5% 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FRTY charges 0.60% per year while IVV charges 0.03%. On a $10,000 position that is $60 vs $3 annually, a gap of $57 per year that compounds over a long holding period. On income, FRTY currently yields 0.18% against 1.10% for IVV.
Holdings Overlap
At least 1.7% of IVV's money is in holdings FRTY also owns.
Stated as a floor: for FRTY, our book for it covers 85.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
IVV and FRTY share little of their money.
15 positions in common, counted across the 39 positions we hold weights for in FRTY and 504 in IVV, against full books of 41 and 508.
Top Shared Holdings
| Stock | Weight in FRTY | Weight in IVV | Difference |
|---|---|---|---|
| FIXComfort Systems Usa Inc Common Stock | 3.21% | 0.09% | 3.12% |
| MPWRMonolithic Power Systems Inc | 2.86% | 0.10% | 2.76% |
| AXONAxon Enterprise Inc | 2.86% | 0.07% | 2.79% |
| SNPSSynopsys Inc Common Stock Usd 0.01 | 2.56% | 0.12% | 2.44% |
| BIIBBiogen Inc. | 2.45% | 0.05% | 2.40% |
| DDOGDatadog Inc. Class A | 1.85% | 0.14% | 1.71% |
| MCHPMicrochip Technology Inc. | 1.85% | 0.06% | 1.79% |
| FCXFreeport-McMoran Copper & Gold Inc | 1.61% | 0.15% | 1.46% |
| WSTWest Pharmaceutical Services | 1.70% | 0.04% | 1.66% |
| WDCWestern Digital Corp Company Guar 11/28 3 | 1.39% | 0.27% | 1.12% |
You are not choosing between two funds in isolation.
Whichever of FRTY 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, FRTY or IVV?
FRTY has an expense ratio of 0.60% while IVV charges 0.03%. IVV is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, FRTY or IVV?
Over the past year FRTY returned +9.62% vs +20.08% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (6 years), FRTY annualized +2.50% vs +14.77% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FRTY or IVV?
FRTY has been the more volatile fund at 22.9% annualized versus 15.3% for IVV. Worst drawdown: FRTY -53.1% vs IVV -24.5%.
Should I hold both FRTY and IVV?
FRTY and IVV have a monthly-return correlation of 0.73, 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 FRTY and IVV?
At least 1.7% of IVV's money is in holdings FRTY also owns. Our book for FRTY is partial, so the real figure is this or higher. They hold 15 positions in common, counted across the 39 positions we hold weights for in FRTY and 504 in IVV.
Which pays a higher dividend, FRTY or IVV?
FRTY yields 0.18% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than FRTY?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.