FXR vs IVV
First Trust Industrials/Producer Durables AlphaDEX Fund vs iShares Core S&P 500 ETF
Which is better, FXR or IVV?
Mid Cap Blend against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. FXR is less concentrated, with 13.5% of the fund in its ten largest positions against 37.8%.
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 | FXR | IVV |
|---|---|---|
| Expense Ratio | 0.60% | 0.03%Best |
| AUM | $717M | $876.4B |
| Dividend Yield | 0.67% | 1.06% |
| Holdings | 312 | 508 |
| YTD Return | +3.83% | +12.01%Best |
| 1Y Return | +7.34% | +16.48%Best |
| 3Y Return (annualized) | +13.63% | +21.21%Best |
| 5Y Return (annualized) | +8.14% | +12.95%Best |
| Volatility (annualized) | 22.3% | 15.6%Best |
| Max Drawdown | -64.0% | -56.5%Best |
| $10,000 over 5 years | $14,789 | $18,384Best |
| Top 10 Weight | 13.5%Best | 37.8% |
| Fund Family | First Trust Portfolios (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | May 8, 2007 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: May 10, 2007 to Sep 14, 2026 (19.3 years).
FXR 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 19.3 years both funds cover.
FXR vs IVV Performance
First Trust Industrials/Producer Durables AlphaDEX Fund (FXR) 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 FXR returned +7.34% while IVV returned +16.48%. Year to date, FXR is up 3.83% versus a gain of 12.01% for IVV.
Over three years, FXR compounded at +13.63% per year against +21.21% for IVV; over five years the annualized figures are +8.14% and +12.95% respectively. Across the full 19-year window we track, IVV has the edge at +9.22% annualized vs +7.95%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FXR has been the more volatile fund, with annualized monthly volatility of 22.3% compared with 15.6% 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 -64.0% for FXR and -56.5% 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
FXR 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, FXR currently yields 0.67% against 1.06% for IVV.
Holdings Overlap
39.2% of FXR's money is in holdings IVV also owns. 5.9% of IVV's money is in holdings FXR also owns.
The two portfolios partly overlap.
66 positions in common, counted across the 155 positions we hold weights for in FXR and 490 in IVV, against full books of 312 and 508.
What only one of them owns
Our book lists 417 positions for IVV that do not appear in our book for FXR (93.0% of the fund), and 84 for FXR that do not appear in IVV (56.4%).
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 FXR | Weight in IVV | Difference |
|---|---|---|---|
| ACN:IEAccenture PLC Cl A | 1.74% | 0.18% | 1.56% |
| PYPLPaypay Holdings, Inc. | 1.39% | 0.07% | 1.32% |
| CATCaterpillar, Inc. | 0.85% | 0.55% | 0.30% |
| GEGeneral Electric Co. | 0.82% | 0.53% | 0.29% |
| FIFiserv, Inc. (United States) | 1.24% | 0.04% | 1.20% |
| FISFidelity National Information Srvcs Inc | 1.20% | 0.03% | 1.17% |
| JKHYJack Henry & Associates Inc | 1.11% | 0.02% | 1.09% |
| KEYSKeysight Technologies Inc. | 1.05% | 0.08% | 0.97% |
| PWRQuanta Services Inc | 0.96% | 0.14% | 0.82% |
| NOCNorthrop Grumman Corp. | 0.97% | 0.11% | 0.86% |
39.2% of FXR 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, FXR or IVV?
FXR 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, FXR or IVV?
Over the past year FXR returned +7.34% vs +16.48% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (19 years), FXR annualized +7.95% vs +9.22% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FXR or IVV?
FXR has been the more volatile fund at 22.3% annualized versus 15.6% for IVV. Worst drawdown: FXR -64.0% vs IVV -56.5%.
Should I hold both FXR and IVV?
FXR 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 FXR and IVV?
39.2% of FXR's money is in holdings IVV also owns. 5.9% of IVV's is in holdings FXR also owns. They hold 66 positions in common, counted across the 155 positions we hold weights for in FXR and 490 in IVV.
Which pays a higher dividend, FXR or IVV?
FXR yields 0.67% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than FXR?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. FXR is less concentrated, with 13.5% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.