FSYD vs IVV
Fidelity Sustainable High Yield 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 | FSYD | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.55% | 0.03% | |
| AUM | $137M | $865.2B | |
| Dividend Yield | 6.98% | 1.09% | |
| Holdings | 411 | 508 | |
| YTD Return | +3.91% | +14.50% | |
| 1Y Return | +7.91% | +22.02% | |
| 3Y Return (annualized) | +9.17% | +21.80% | |
| 5Y Return (annualized) | - | +13.37% | |
| Volatility (annualized) | 7.9% | 15.1% | |
| Max Drawdown | -12.1% | -56.5% | |
| Fund Family | Fidelity Investments (US) | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Feb 15, 2022 | May 15, 2000 |
FSYD vs IVV Performance
Fidelity Sustainable High Yield ETF (FSYD) 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 FSYD returned +7.91% while IVV returned +22.02%. Year to date, FSYD is up 3.91% versus a gain of 14.50% for IVV.
Over three years, FSYD compounded at +9.17% per year against +21.80% for IVV. Across the full 5-year window we track, IVV has the edge at +7.07% annualized vs +5.90%. 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 7.9% for FSYD. 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 -12.1% for FSYD 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FSYD charges 0.55% per year while IVV charges 0.03%. On a $10,000 position that is $55 vs $3 annually, a gap of $52 per year that compounds over a long holding period. On income, FSYD currently yields 6.98% against 1.09% for IVV.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, FSYD or IVV?
FSYD has an expense ratio of 0.55% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $52 per year of difference.
Which performed better, FSYD or IVV?
Over the past year FSYD returned +7.91% vs +22.02% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (5 years), FSYD annualized +5.90% vs +7.07% for IVV. Past performance does not guarantee future results.
Which is riskier, FSYD or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 7.9% for FSYD. Worst drawdown: FSYD -12.1% vs IVV -56.5%.
Should I hold both FSYD and IVV?
FSYD and IVV have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FSYD and IVV?
FSYD and IVV share 2 common holdings with a 0.1% weight overlap. Combined, they hold 516 unique securities.
Which pays a higher dividend, FSYD or IVV?
FSYD yields 6.98% while IVV yields 1.09%, so FSYD currently pays the higher dividend yield.
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