FITZ vs. ILCB

Last updated Jun 5, 2026

FITZ (Fitz-Gerald Must Have Portfolio ETF) and ILCB (iShares Morningstar U.S. Equity ETF) are both Large Cap Growth Equities funds. FITZ is actively managed, while ILCB is passively managed. A 0.50 correlation means they provide meaningful diversification when combined. FITZ charges 0.75%/yr vs 0.03%/yr for ILCB.

Performance

FITZ vs. ILCB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fitz-Gerald Must Have Portfolio ETF (FITZ) and iShares Morningstar U.S. Equity ETF (ILCB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FITZ

• 1D: -0.20%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ILCB

• 1D: 0.40%
• 1M: 4.85%
• YTD: 11.56%
• 6M: 11.45%
• 1Y: 28.46%
• 3Y*: 22.90%
• 5Y*: 13.55%
• 10Y*: 14.98%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FITZ vs. ILCB - Yearly Performance Comparison

	2026 (YTD)
FITZ Fitz-Gerald Must Have Portfolio ETF	-1.66%
ILCB iShares Morningstar U.S. Equity ETF	0.51%

Correlation

The correlation between FITZ and ILCB is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.50

Return for Risk

FITZ vs. ILCB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ILCB

ILCB Risk / Return Rank: 72
ILCB Sharpe Ratio Rank: 74
ILCB Sortino Ratio Rank: 73
ILCB Omega Ratio Rank: 73
ILCB Calmar Ratio Rank: 64
ILCB Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FITZ vs. ILCB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fitz-Gerald Must Have Portfolio ETF (FITZ) and iShares Morningstar U.S. Equity ETF (ILCB). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FITZ	ILCB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.38	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.79	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	-7.29	0.64	-7.93

Drawdowns

FITZ vs. ILCB - Drawdown Comparison

The maximum FITZ drawdown since its inception was -1.97%, smaller than the maximum ILCB drawdown of -51.53%. Use the drawdown chart below to compare losses from any high point for FITZ and ILCB.

Drawdown Indicators

	FITZ	ILCB	Difference
Max Drawdown Largest peak-to-trough decline	-1.97%	-51.53%	+49.56%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.09%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.05%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.47%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.30%	—
Current Drawdown Current decline from peak	-1.97%	-0.27%	-1.70%
Average Drawdown Average peak-to-trough decline	-1.08%	-6.23%	+5.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.97%	—

Volatility

Volatility by Period

	FITZ	ILCB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.83%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.11%	—
Volatility (1Y) Calculated over the trailing 1-year period	8.74%	12.01%	-3.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.74%	17.12%	-8.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.74%	18.16%	-9.42%

FITZ vs. ILCB - Expense Ratio Comparison

FITZ has a 0.75% expense ratio, which is higher than ILCB's 0.03% expense ratio.

Dividends

FITZ vs. ILCB - Dividend Comparison

FITZ has not paid dividends to shareholders, while ILCB's dividend yield for the trailing twelve months is around 0.96%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FITZ Fitz-Gerald Must Have Portfolio ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ILCB iShares Morningstar U.S. Equity ETF	0.96%	1.11%	1.19%	1.43%	1.65%	1.16%	1.26%	2.25%	2.17%	1.81%	1.97%	2.44%

Frequently Asked Questions

Can I hold both FITZ and ILCB in my portfolio?

FITZ and ILCB have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FITZ or ILCB?

On fees, ILCB is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FITZ or ILCB?

ILCB is cheaper with a 0.03% expense ratio, compared with 0.75% for FITZ.

Which ETF pays a higher dividend yield, FITZ or ILCB?

ILCB has the higher dividend yield at 0.96%, compared with 0.00% for FITZ.

What is the main difference between FITZ and ILCB?

They also come from different issuers: Nicholas and iShares. Their fees differ too: 0.75% for FITZ and 0.03% for ILCB.