FTCE vs IVV
First Trust New Constructs Core Earnings Leaders ETF vs iShares Core S&P 500 ETF
Which is better, FTCE or IVV?
Each has led over a different period.
IVV has a lower expense ratio. FTCE led over the full window, IVV over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FTCE | IVV |
|---|---|---|
| Expense Ratio | 0.60% | 0.03%Best |
| AUM | $88M | $886.7B |
| Dividend Yield | 0.66% | 1.10% |
| Holdings | 202 | 508 |
| YTD Return | +10.24% | +12.70%Best |
| 1Y Return | +19.06% | +19.36%Best |
| 3Y Return (annualized) | - | +21.16% |
| 5Y Return (annualized) | - | +12.75% |
| Volatility (annualized) | 14.9% | 12.8%Best |
| Max Drawdown | -18.1%Best | -18.8% |
| $10,000 over 1.9 years | $13,883Best | $13,709 |
| Top 10 Weight | 37.9%Tie | 37.9%Tie |
| Fund Family | First Trust Portfolios (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 2, 2024 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Oct 3, 2024 to Sep 8, 2026 (1.9 years).
FTCE vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.9 years both funds cover.
FTCE vs IVV Performance
First Trust New Constructs Core Earnings Leaders ETF (FTCE) is an ETF from First Trust Portfolios (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FTCE returned +19.06% while IVV returned +19.36%. Year to date, FTCE is up 10.24% versus a gain of 12.70% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FTCE has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 12.8% 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 -18.1% for FTCE and -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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
92.2% of FTCE's money is in holdings IVV also owns. 13.7% of IVV's money is in holdings FTCE also owns.
Most of FTCE is already inside IVV. Owning both mostly buys the same companies twice.
91 positions in common, counted across the 100 positions we hold weights for in FTCE and 504 in IVV, against full books of 202 and 508.
What only one of them owns
Our book lists 404 positions for IVV that do not appear in our book for FTCE (85.6% of the fund), and 8 for FTCE that do not appear in IVV (3.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in FTCE | Weight in IVV | Difference |
|---|---|---|---|
| LLYEli Lilly & Co. | 3.90% | 1.39% | 2.51% |
| BKNGBooking Holdings, Inc. | 4.55% | 0.24% | 4.31% |
| V'visa Inc., Class 'a'' | 3.68% | 0.92% | 2.76% |
| IBMIntl Business Machines Corp | 3.82% | 0.33% | 3.49% |
| QCOMQualcomm | 3.89% | 0.25% | 3.64% |
| INTCIntel Corp. | 3.30% | 0.72% | 2.58% |
| SBUXStarbucks Corp 2.45 6/26 | 3.83% | 0.18% | 3.65% |
| NOWServicenow, Inc. | 3.74% | 0.18% | 3.56% |
| MAMastercard Inc | 2.78% | 0.69% | 2.09% |
| ACNAccenture Plc | 3.26% | 0.16% | 3.10% |
92.2% of FTCE is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $57 a year on a $10,000 investment.
Which performed better, FTCE or IVV?
Over the past year FTCE returned +19.06% vs +19.36% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), FTCE annualized +18.85% vs +18.06% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FTCE or IVV?
FTCE has been the more volatile fund at 14.9% annualized versus 12.8% for IVV. Worst drawdown: FTCE -18.1% vs IVV -18.8%.
Should I hold both FTCE and IVV?
FTCE and IVV have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FTCE and IVV?
92.2% of FTCE's money is in holdings IVV also owns. 13.7% of IVV's is in holdings FTCE also owns. They hold 91 positions in common, counted across the 100 positions we hold weights for in FTCE and 504 in IVV.
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.
Is IVV better than FTCE?
IVV has a lower expense ratio. FTCE led over the full window, IVV over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.