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FEUS vs. IVV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FEUS vs. IVV

Last updated Aug 2, 2026
Documentation

FEUS (FlexShares ESG & Climate US Large Cap Core Index Fund) and IVV (iShares Core S&P 500 ETF) are both exchange-traded funds - FEUS is a Large Cap Blend Equities fund tracking the Northern Trust ESG & Climate US Large Cap Core Index - Benchmark TR Gross, while IVV is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 3 years, FEUS returned 17.60%/yr vs 19.40%/yr for IVV. Their 0.98 correlation means they have historically moved very closely together. FEUS charges 0.09%/yr vs 0.03%/yr for IVV.

Performance

FEUS vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares ESG & Climate US Large Cap Core Index Fund (FEUS) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both investments are quite close, with FEUS having a 10.07% return and IVV slightly higher at 10.13%.

FEUS

1D
0.93%
1M
1.15%
6M
9.80%
YTD
10.07%
1Y
21.48%
3Y*
17.60%
5Y*
—
10Y*
—
ALL TIME*
11.89%

IVV

1D
0.69%
1M
0.25%
6M
8.53%
YTD
10.13%
1Y
21.55%
3Y*
19.40%
5Y*
12.82%
10Y*
15.11%
ALL TIME*
8.45%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

FEUS

FlexShares ESG & Climate US Large Cap Core Index Fund
$25.78K$126.62K$122.28K

IVV

iShares Core S&P 500 ETF
$3.36B$3.31B$5.91B

FEUS vs. IVV - Yearly Performance Comparison

2026 (YTD)20252024202320222021
FEUS
FlexShares ESG & Climate US Large Cap Core Index Fund		10.07%14.67%23.10%25.54%-19.10%9.37%
IVV
iShares Core S&P 500 ETF		10.13%17.85%24.93%26.31%-18.16%9.86%

Correlation

The correlation between FEUS and IVV is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.96

Correlation (3Y)
Balances recent behavior with more history.

0.98

Correlation (All Time)
Calculated using the full available price history since Sep 21, 2021

0.98

The correlation between FEUS and IVV has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.

FEUS vs. IVV - Sectors Allocation Comparison

Sectors
FEUS
IVV

Technology

37.8%
37.2%

Financial Services

11.6%
12.5%

Communication Services

10.1%
9.6%

Consumer Cyclical

9.7%
8.9%

Healthcare

9.0%
9.4%

Industrials

8.6%
7.9%

Consumer Defensive

4.3%
4.8%

Energy

3.2%
3.3%

Real Estate

2.0%
1.9%

Utilities

1.8%
2.6%

Basic Materials

1.8%
1.8%

Technology

FEUS
37.8%
IVV
37.2%

Financial Services

FEUS
11.6%
IVV
12.5%

Communication Services

FEUS
10.1%
IVV
9.6%

Consumer Cyclical

FEUS
9.7%
IVV
8.9%

Healthcare

FEUS
9.0%
IVV
9.4%

Industrials

FEUS
8.6%
IVV
7.9%

Consumer Defensive

FEUS
4.3%
IVV
4.8%

Energy

FEUS
3.2%
IVV
3.3%

Real Estate

FEUS
2.0%
IVV
1.9%

Utilities

FEUS
1.8%
IVV
2.6%

Basic Materials

FEUS
1.8%
IVV
1.8%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

FlexShares ESG & Climate US Large Cap Core Index Fund

iShares Core S&P 500 ETF

Often compared with FEUS:
FEUS vs. VOTEFEUS vs. ESGVFEUS vs. BDGSFEUS vs. FEIGFEUS vs. RAVIFEUS vs. NFRAFEUS vs. QDF
Often compared with IVV:
IVV vs. VOOIVV vs. SPYIVV vs. FXAIXIVV vs. QQQIVV vs. VTIIVV vs. IOOIVV vs. CSPX.L

Return for Risk

FEUS vs. IVV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
FEUS
FEUS Risk / Return Rank: 6363
Overall Rank
FEUS Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
FEUS Sortino Ratio Rank: 6262
Sortino Ratio Rank
FEUS Omega Ratio Rank: 6363
Omega Ratio Rank
FEUS Calmar Ratio Rank: 5757
Calmar Ratio Rank
FEUS Martin Ratio Rank: 6666
Martin Ratio Rank
IVV
IVV Risk / Return Rank: 6767
Overall Rank
IVV Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
IVV Sortino Ratio Rank: 6464
Sortino Ratio Rank
IVV Omega Ratio Rank: 6565
Omega Ratio Rank
IVV Calmar Ratio Rank: 6464
Calmar Ratio Rank
IVV Martin Ratio Rank: 7676
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FEUS vs. IVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares ESG & Climate US Large Cap Core Index Fund (FEUS) and iShares Core S&P 500 ETF (IVV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

FEUSIVVDifference
Sharpe ratioReturn per unit of total volatility
1.53
1.53

0.00

Sortino ratioReturn per unit of downside risk
2.11
2.12

-0.01

Omega ratioGain probability vs. loss probability

1.27

1.27

-0.01

Calmar ratioReturn relative to maximum drawdown

2.04

2.21

-0.17

Martin ratioReturn relative to average drawdown

8.11

9.43

-1.32

FEUS vs. IVV - Sharpe Ratio Comparison

The current FEUS Sharpe Ratio is 1.53, which is comparable to the IVV Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of FEUS and IVV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

FEUS vs. IVV - Drawdown Comparison

The maximum FEUS drawdown since its inception was -25.31%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for FEUS and IVV.

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Drawdown Indicators

FEUSIVVDifference

Max Drawdown

Largest peak-to-trough decline

-25.31%

-55.25%

+29.94%

Max Drawdown (1Y)

Largest decline over 1 year

-9.55%

-8.89%

-0.66%

Max Drawdown (3Y)

Largest decline over 3 years

-19.47%

-18.75%

-0.72%

Max Drawdown (5Y)

Largest decline over 5 years

—

-24.53%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.90%

—

Current Drawdown

Current decline from peak

-0.95%

-1.41%

+0.46%

Average Drawdown

Average peak-to-trough decline

-6.21%

-10.72%

+4.51%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.40%

2.09%

+0.31%

Volatility

FEUS vs. IVV - Volatility Comparison

FlexShares ESG & Climate US Large Cap Core Index Fund (FEUS) and iShares Core S&P 500 ETF (IVV) have volatilities of 3.38% and 3.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FEUSIVVDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.38%

3.52%

-0.14%

Volatility (6M)

Calculated over the trailing 6-month period

10.05%

10.18%

-0.13%

Volatility (1Y)

Calculated over the trailing 1-year period

12.80%

12.89%

-0.09%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.91%

17.01%

-0.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.91%

18.06%

-1.15%

FEUS vs. IVV - Expense Ratio Comparison

FEUS has a 0.09% expense ratio, which is higher than IVV's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

FEUS vs. IVV - Dividend Comparison

FEUS's dividend yield for the trailing twelve months is around 0.99%, less than IVV's 1.09% yield.

PositionTTM20252024202320222021202020192018201720162015
FEUS
FlexShares ESG & Climate US Large Cap Core Index Fund		0.99%1.06%1.15%1.41%1.48%0.36%0.00%0.00%0.00%0.00%0.00%0.00%
IVV
iShares Core S&P 500 ETF		1.09%1.17%1.30%1.44%1.66%1.20%1.57%1.85%2.21%1.75%2.01%2.27%

Frequently Asked Questions

With a correlation of 0.96, FEUS and IVV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

IVV has higher volatility (3.52%) compared to FEUS (3.38%). In terms of maximum drawdown, FEUS dropped -25.31% vs IVV's -55.25%.

On 3-year performance, IVV leads with 19.40% vs 17.60% for FEUS. On fees, IVV is cheaper at 0.03% per year. On volatility, FEUS has been the lower-risk option at 3.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, IVV has performed better with a 19.40% return vs 17.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IVV is cheaper with a 0.03% expense ratio, compared with 0.09% for FEUS.

IVV has the higher dividend yield at 1.09%, compared with 0.99% for FEUS.

FEUS is categorized as Large Cap Blend Equities, while IVV is S&P 500. FEUS tracks Northern Trust ESG & Climate US Large Cap Core Index - Benchmark TR Gross, while IVV tracks S&P 500 Index. They also come from different issuers: FlexShares and iShares. Their fees differ too: 0.09% for FEUS and 0.03% for IVV.

IVV currently has the higher Sharpe Ratio (1.53 vs 1.52), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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