FUTY vs IVV
Fidelity MSCI Utilities Index ETF vs iShares Core S&P 500 ETF
Which is better, FUTY or IVV?
Mid Cap Value against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 52.5%.
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 | FUTY | IVV |
|---|---|---|
| Expense Ratio | 0.08% | 0.03%Best |
| AUM | $2.3B | $876.4B |
| Dividend Yield | 2.74% | 1.06% |
| Holdings | 66 | 508 |
| YTD Return | -0.37% | +11.57%Best |
| 1Y Return | +3.19% | +17.57%Best |
| 3Y Return (annualized) | +13.73% | +20.71%Best |
| 5Y Return (annualized) | +7.60% | +12.80%Best |
| Volatility (annualized) | 14.7% | 14.5%Best |
| Max Drawdown | -37.1% | -33.9%Best |
| $10,000 over 5 years | $14,423 | $18,262Best |
| Top 10 Weight | 52.5% | 37.9%Best |
| Fund Family | Fidelity Investments (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Oct 21, 2013 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Oct 24, 2013 to Sep 10, 2026 (12.9 years).
FUTY 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 12.9 years both funds cover.
FUTY vs IVV Performance
Fidelity MSCI Utilities Index ETF (FUTY) is an ETF from Fidelity Investments (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FUTY returned +3.19% while IVV returned +17.57%. Year to date, FUTY is down 0.37% versus a gain of 11.57% for IVV.
Over three years, FUTY compounded at +13.73% per year against +20.71% for IVV; over five years the annualized figures are +7.60% and +12.80% respectively. Across the full 13-year window we track, IVV has the edge at +12.71% annualized vs +7.56%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FUTY has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 14.5% 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 -37.1% for FUTY and -33.9% 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 0.47. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FUTY charges 0.08% per year while IVV charges 0.03%. On a $10,000 position that is $8 vs $3 annually, a gap of $5 per year that compounds over a long holding period. On income, FUTY currently yields 2.74% against 1.06% for IVV.
Holdings Overlap
89.4% of FUTY's money is in holdings IVV also owns. 2.0% of IVV's money is in holdings FUTY also owns.
Most of FUTY is already inside IVV. Owning both mostly buys the same companies twice.
31 positions in common, counted across the 63 positions we hold weights for in FUTY and 505 in IVV, against full books of 66 and 508.
What only one of them owns
Measured across the 63 and 505 positions we hold weights for.
IVV holds 464 positions FUTY does not, 97.3% of the fund.
Largest: NVDA 7.98%, AAPL 6.86%, MSFT 5.44%, AMZN 4.01%, GOOGL 3.19%
Top Shared Holdings
| Stock | Weight in FUTY | Weight in IVV | Difference |
|---|---|---|---|
| NEENextera Energy Inc. | 11.69% | 0.27% | 11.42% |
| SOSouthern Co. | 6.75% | 0.16% | 6.59% |
| DUKDuke Energy Corp. | 6.36% | 0.14% | 6.22% |
| CEGConstellation Energy Corp | 5.84% | 0.13% | 5.71% |
| AEPAmerican Electric Power Co. Inc. | 4.53% | 0.10% | 4.43% |
| DDominion Energy Inc. | 3.95% | 0.09% | 3.86% |
| SRESempra Common Stock | 3.63% | 0.08% | 3.55% |
| ETREntergy Corp. | 3.38% | 0.07% | 3.31% |
| XELXcel Energy Inc. | 3.22% | 0.07% | 3.15% |
| VSTVistra Energy Corp. | 3.15% | 0.07% | 3.08% |
89.4% of FUTY 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, FUTY or IVV?
FUTY has an expense ratio of 0.08% while IVV charges 0.03%. IVV is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, FUTY or IVV?
Over the past year FUTY returned +3.19% vs +17.57% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (13 years), FUTY annualized +7.56% vs +12.71% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FUTY or IVV?
FUTY has been the more volatile fund at 14.7% annualized versus 14.5% for IVV. Worst drawdown: FUTY -37.1% vs IVV -33.9%.
Should I hold both FUTY and IVV?
FUTY and IVV have a monthly-return correlation of 0.47, 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 FUTY and IVV?
89.4% of FUTY's money is in holdings IVV also owns. 2.0% of IVV's is in holdings FUTY also owns. They hold 31 positions in common, counted across the 63 positions we hold weights for in FUTY and 505 in IVV.
Which pays a higher dividend, FUTY or IVV?
FUTY yields 2.74% while IVV yields 1.06%, so FUTY currently pays the higher dividend yield.
Is IVV better than FUTY?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 52.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.