FWD vs IVV
AB Disruptors ETF vs iShares Core S&P 500 ETF
Which is better, FWD or IVV?
FWD has been ahead.
IVV has a lower expense ratio. FWD led over 1Y, 3Y and the full window. FWD is less concentrated, with 21.4% of the fund in its ten largest positions against 38.1%.
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 | FWD | IVV |
|---|---|---|
| Expense Ratio | 0.65% | 0.03%Best |
| AUM | $3.4B | $882.6B |
| Dividend Yield | 0.09% | 1.06% |
| Holdings | 131 | 508 |
| YTD Return | +26.13%Best | +13.60% |
| 1Y Return | +30.12%Best | +16.32% |
| 3Y Return (annualized) | +37.89%Best | +23.81% |
| 5Y Return (annualized) | - | +14.03% |
| Volatility (annualized) | 23.7% | 12.3%Best |
| Max Drawdown | -29.0% | -18.8%Best |
| $10,000 over 3.5 years | $27,404Best | $20,427 |
| Top 10 Weight | 21.4%Best | 38.1% |
| Fund Family | AllianceBernstein L.P. | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 22, 2023 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 3.5 years row, are measured over the window both funds cover: Mar 22, 2023 to Oct 2, 2026 (3.5 years).
FWD 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 3.5 years both funds cover.
FWD vs IVV Performance
AB Disruptors ETF (FWD) is an ETF from AllianceBernstein L.P. and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FWD returned +30.12% while IVV returned +16.32%. Year to date, FWD is up 26.13% versus a gain of 13.60% for IVV.
Over three years, FWD compounded at +37.89% per year against +23.81% for IVV. Across the full 4-year window we track, FWD has the edge at +33.38% annualized vs +22.64%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FWD has been the more volatile fund, with annualized monthly volatility of 23.7% compared with 12.3% 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 -29.0% for FWD 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FWD charges 0.65% per year while IVV charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, FWD currently yields 0.09% against 1.06% for IVV.
Holdings Overlap
60.1% of FWD's money is in holdings IVV also owns. 42.9% of IVV's money is in holdings FWD also owns.
The two portfolios partly overlap.
62 positions in common, counted across the 116 positions we hold weights for in FWD and 505 in IVV, against full books of 131 and 508.
What only one of them owns
Our book lists 436 positions for IVV that do not appear in our book for FWD (56.6% of the fund), and 22 for FWD that do not appear in IVV (14.9%).
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 FWD | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.11% | 8.00% | 3.89% |
| MSFTMicrosoft Corp | 2.85% | 5.57% | 2.72% |
| AMZNAmazon.Com Inc | 2.28% | 3.80% | 1.52% |
| GOOGLAlphabet Inc,class A | 2.13% | 3.00% | 0.87% |
| AVGOBroadcom Inc | 1.47% | 2.59% | 1.12% |
| AMDAdvanced Micro Devices Inc | 2.10% | 1.27% | 0.83% |
| METAMeta Platforms Inc | 0.99% | 2.15% | 1.16% |
| MUMicron Technology, Inc. | 1.01% | 1.66% | 0.65% |
| TSLATesla Inc | 0.74% | 1.56% | 0.82% |
| LLYEli Lilly & Co. | 0.88% | 1.34% | 0.46% |
60.1% of FWD 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, FWD or IVV?
FWD has an expense ratio of 0.65% while IVV charges 0.03%. IVV is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, FWD or IVV?
Over the past year FWD returned +30.12% vs +16.32% for IVV, so FWD leads on 1-year performance. Over the longest common window we track (4 years), FWD annualized +33.38% vs +22.64% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FWD or IVV?
FWD has been the more volatile fund at 23.7% annualized versus 12.3% for IVV. Worst drawdown: FWD -29.0% vs IVV -18.8%.
Should I hold both FWD and IVV?
FWD and IVV have a monthly-return correlation of 0.82, 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 FWD and IVV?
60.1% of FWD's money is in holdings IVV also owns. 42.9% of IVV's is in holdings FWD also owns. They hold 62 positions in common, counted across the 116 positions we hold weights for in FWD and 505 in IVV.
Which pays a higher dividend, FWD or IVV?
FWD yields 0.09% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than FWD?
IVV has a lower expense ratio. FWD led over 1Y, 3Y and the full window. FWD is less concentrated, with 21.4% of the fund in its ten largest positions against 38.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.