FTCE vs IVV
First Trust New Constructs Core Earnings Leaders ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. FTCE delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | FTCE | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.03% | |
| AUM | $87M | $907.0B | |
| Dividend Yield | 0.66% | 1.10% | |
| Holdings | 103 | 508 | |
| YTD Return | +11.99% | +13.74% | |
| 1Y Return | +23.37% | +21.54% | |
| 3Y Return (annualized) | - | +22.61% | |
| 5Y Return (annualized) | - | +13.31% | |
| Volatility (annualized) | 15.1% | 15.1% | |
| Max Drawdown | -18.1% | -56.5% | |
| Fund Family | First Trust Portfolios (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Oct 2, 2024 | May 15, 2000 |
FTCE vs IVV Performance
First Trust New Constructs Core Earnings Leaders ETF (FTCE) 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 FTCE returned +23.37% while IVV returned +21.54%. Year to date, FTCE is up 11.99% versus a gain of 13.74% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 15.1% for FTCE. 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 -18.1% for FTCE 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FTCE 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, FTCE currently yields 0.66% against 1.10% for IVV.
Holdings Overlap
FTCE and IVV share 91 holdings out of 514 unique holdings combined, representing a 13.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FTCE or IVV?
FTCE has an expense ratio of 0.60% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $57 per year of difference.
Which performed better, FTCE or IVV?
Over the past year FTCE returned +23.37% vs +21.54% for IVV, so FTCE leads on 1-year performance. Over the longest common window we track (2 years), FTCE annualized +20.52% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, FTCE or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 15.1% for FTCE. Worst drawdown: FTCE -18.1% vs IVV -56.5%.
Should I hold both FTCE and IVV?
FTCE and IVV have a monthly-return correlation of 0.88, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FTCE and IVV?
FTCE and IVV share 91 common holdings with a 13.8% weight overlap. Combined, they hold 514 unique securities.
Which pays a higher dividend, FTCE or IVV?
FTCE yields 0.66% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
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