FXU vs IVV
First Trust Utilities AlphaDEX Fund vs iShares Core S&P 500 ETF
Which is better, FXU 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 40.8%.
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 | FXU | IVV |
|---|---|---|
| Expense Ratio | 0.61% | 0.03%Best |
| AUM | $787M | $876.4B |
| Dividend Yield | 2.29% | 1.06% |
| Holdings | 82 | 508 |
| YTD Return | +3.46% | +11.57%Best |
| 1Y Return | +8.03% | +17.57%Best |
| 3Y Return (annualized) | +18.36% | +20.71%Best |
| 5Y Return (annualized) | +10.86% | +12.80%Best |
| Volatility (annualized) | 14.5%Best | 15.6% |
| Max Drawdown | -51.5%Best | -56.5% |
| $10,000 over 5 years | $16,745 | $18,262Best |
| Top 10 Weight | 40.8% | 37.9%Best |
| Fund Family | First Trust Portfolios (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | 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 10, 2026 (19.3 years).
FXU 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.
FXU vs IVV Performance
First Trust Utilities AlphaDEX Fund (FXU) 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 FXU returned +8.03% while IVV returned +17.57%. Year to date, FXU is up 3.46% versus a gain of 11.57% for IVV.
Over three years, FXU compounded at +18.36% per year against +20.71% for IVV; over five years the annualized figures are +10.86% and +12.80% respectively. Across the full 19-year window we track, IVV has the edge at +9.21% annualized vs +5.19%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 14.5% for FXU. 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 -51.5% for FXU 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 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FXU charges 0.61% per year while IVV charges 0.03%. On a $10,000 position that is $61 vs $3 annually, a gap of $58 per year that compounds over a long holding period. On income, FXU currently yields 2.29% against 1.06% for IVV.
Holdings Overlap
71.7% of FXU's money is in holdings IVV also owns. 1.7% of IVV's money is in holdings FXU also owns.
Most of FXU is already inside IVV. Owning both mostly buys the same companies twice.
29 positions in common, counted across the 40 positions we hold weights for in FXU and 505 in IVV, against full books of 82 and 508.
What only one of them owns
Our book lists 466 positions for IVV that do not appear in our book for FXU (97.6% of the fund), and 9 for FXU that do not appear in IVV (26.2%).
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 FXU | Weight in IVV | Difference |
|---|---|---|---|
| AESAes Corporation | 4.45% | 0.02% | 4.43% |
| EDConsolidated Edison Inc. | 4.28% | 0.06% | 4.22% |
| ESEversource Energy | 4.29% | 0.04% | 4.25% |
| EXCExelon Corp. | 4.15% | 0.07% | 4.08% |
| PCGPg&E Corp. | 3.49% | 0.06% | 3.43% |
| DUKDuke Energy Corp. | 3.35% | 0.14% | 3.21% |
| PPLPpl Corp. | 3.32% | 0.04% | 3.28% |
| EVRGEvergy Inc. | 3.32% | 0.03% | 3.29% |
| PNWPinnacle West Capital Corp. | 3.23% | 0.02% | 3.21% |
| EIXEdison International | 3.21% | 0.04% | 3.17% |
71.7% of FXU 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, FXU or IVV?
FXU has an expense ratio of 0.61% while IVV charges 0.03%. IVV is the cheaper option, by $58 a year on a $10,000 investment.
Which performed better, FXU or IVV?
Over the past year FXU returned +8.03% vs +17.57% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (19 years), FXU annualized +5.19% vs +9.21% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FXU or IVV?
IVV has been the more volatile fund at 15.6% annualized versus 14.5% for FXU. Worst drawdown: FXU -51.5% vs IVV -56.5%.
Should I hold both FXU and IVV?
FXU and IVV have a monthly-return correlation of 0.64, 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 FXU and IVV?
71.7% of FXU's money is in holdings IVV also owns. 1.7% of IVV's is in holdings FXU also owns. They hold 29 positions in common, counted across the 40 positions we hold weights for in FXU and 505 in IVV.
Which pays a higher dividend, FXU or IVV?
FXU yields 2.29% while IVV yields 1.06%, so FXU currently pays the higher dividend yield.
Is IVV better than FXU?
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 40.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.