FSIG vs IVV
First Trust Limited Duration Investment Grade Corporate 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 | FSIG | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.44% | 0.03% | |
| AUM | $1.5B | $865.2B | |
| Dividend Yield | 4.80% | 1.09% | |
| Holdings | 322 | 508 | |
| YTD Return | +0.86% | +13.72% | |
| 1Y Return | +2.68% | +21.64% | |
| 3Y Return (annualized) | +5.19% | +21.55% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | 3.2% | 15.1% | |
| Max Drawdown | -6.9% | -56.5% | |
| Fund Family | First Trust Portfolios (US) | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Nov 17, 2021 | May 15, 2000 |
FSIG vs IVV Performance
First Trust Limited Duration Investment Grade Corporate ETF (FSIG) 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 FSIG returned +2.68% while IVV returned +21.64%. Year to date, FSIG is up 0.86% versus a gain of 13.72% for IVV.
Over three years, FSIG compounded at +5.19% per year against +21.55% for IVV. Across the full 5-year window we track, IVV has the edge at +7.04% annualized vs +2.70%. 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 3.2% for FSIG. 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 -6.9% for FSIG 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FSIG charges 0.44% per year while IVV charges 0.03%. On a $10,000 position that is $44 vs $3 annually, a gap of $41 per year that compounds over a long holding period. On income, FSIG currently yields 4.80% against 1.09% for IVV.
Holdings Overlap
FSIG and IVV share 0 holdings out of 732 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, FSIG or IVV?
FSIG has an expense ratio of 0.44% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $41 per year of difference.
Which performed better, FSIG or IVV?
Over the past year FSIG returned +2.68% vs +21.64% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (5 years), FSIG annualized +2.70% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, FSIG or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 3.2% for FSIG. Worst drawdown: FSIG -6.9% vs IVV -56.5%.
Should I hold both FSIG and IVV?
FSIG and IVV have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FSIG and IVV?
FSIG and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 732 unique securities.
Which pays a higher dividend, FSIG or IVV?
FSIG yields 4.80% while IVV yields 1.09%, so FSIG 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.