FSST vs IVV
Fidelity Sustainable US Equity 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 508 holdings.
Side-by-Side Comparison
| Metric | FSST | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.59% | 0.03% | |
| AUM | $13M | $907.0B | |
| Dividend Yield | 1.55% | 1.10% | |
| Holdings | 90 | 508 | |
| YTD Return | +15.66% | +13.22% | |
| 1Y Return | +12.71% | +21.62% | |
| 3Y Return (annualized) | +19.45% | +22.17% | |
| 5Y Return (annualized) | - | +13.42% | |
| Volatility (annualized) | 17.4% | 15.1% | |
| Max Drawdown | -26.3% | -56.5% | |
| Fund Family | Fidelity Investments (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jun 15, 2021 | May 15, 2000 |
FSST vs IVV Performance
Fidelity Sustainable US Equity ETF (FSST) is a ETF from Fidelity Investments (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FSST returned +12.71% while IVV returned +21.62%. Year to date, FSST is up 15.66% versus a gain of 13.22% for IVV.
Over three years, FSST compounded at +19.45% per year against +22.17% for IVV. Across the full 4-year window we track, FSST has the edge at +11.54% annualized vs +7.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FSST has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 15.1% 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 -26.3% for FSST 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 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FSST charges 0.59% per year while IVV charges 0.03%. On a $10,000 position that is $59 vs $3 annually, a gap of $56 per year that compounds over a long holding period. On income, FSST currently yields 1.55% against 1.10% for IVV.
Holdings Overlap
FSST and IVV share 63 holdings out of 536 unique holdings combined, representing a 40.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FSST or IVV?
FSST has an expense ratio of 0.59% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $56 per year of difference.
Which performed better, FSST or IVV?
Over the past year FSST returned +12.71% vs +21.62% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), FSST annualized +11.54% vs +7.02% for IVV. Past performance does not guarantee future results.
Which is riskier, FSST or IVV?
FSST has been the more volatile fund at 17.4% annualized versus 15.1% for IVV. Worst drawdown: FSST -26.3% vs IVV -56.5%.
Should I hold both FSST and IVV?
FSST and IVV have a monthly-return correlation of 0.98, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between FSST and IVV?
FSST and IVV share 63 common holdings with a 40.6% weight overlap. Combined, they hold 536 unique securities.
Which pays a higher dividend, FSST or IVV?
FSST yields 1.55% while IVV yields 1.10%, so FSST 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.