FSML vs IVV
Franklin Small Cap Enhanced ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | FSML | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.03% | |
| AUM | $153M | $907.0B | |
| Dividend Yield | 0.40% | 1.10% | |
| Holdings | 306 | 508 | |
| YTD Return | +23.01% | +13.22% | |
| 1Y Return | - | +21.62% | |
| 3Y Return (annualized) | - | +22.17% | |
| 5Y Return (annualized) | - | +13.42% | |
| Volatility (annualized) | - | 15.1% | |
| Max Drawdown | -10.8% | -56.5% | |
| Fund Family | Franklin Templeton Investments (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Dec 9, 2025 | May 15, 2000 |
FSML vs IVV Performance
Franklin Small Cap Enhanced ETF (FSML) is a ETF from Franklin Templeton Investments (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Year to date, FSML is up 23.01% versus a gain of 13.22% for IVV.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -10.8% for FSML and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
FSML charges 0.45% per year while IVV charges 0.03%. On a $10,000 position that is $45 vs $3 annually, a gap of $42 per year that compounds over a long holding period. On income, FSML currently yields 0.40% against 1.10% for IVV.
Holdings Overlap
FSML and IVV share 1 holdings out of 806 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FSML | Weight in IVV | Difference |
|---|---|---|---|
| IPGP | 0.07% | 0.62% | 0.55% |
Frequently Asked Questions
Which is cheaper, FSML or IVV?
FSML has an expense ratio of 0.45% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
What is the holdings overlap between FSML and IVV?
FSML and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 806 unique securities.
Which pays a higher dividend, FSML or IVV?
FSML yields 0.40% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
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