FNF vs. IVV
FNF (Fidelity National Financial, Inc.) is a stock, while IVV (iShares Core S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, FNF returned 10.75%/yr vs 15.53%/yr for IVV. At a 0.50 correlation, their price movements are largely independent.
Performance
FNF vs. IVV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FNF achieves a -14.75% return, which is significantly lower than IVV's 11.38% return. Over the past 10 years, FNF has underperformed IVV with an annualized return of 10.75%, while IVV has yielded a comparatively higher 15.53% annualized return.
FNF
- 1D
- 1.34%
- 1M
- -10.06%
- YTD
- -14.75%
- 6M
- -16.57%
- 1Y
- -8.42%
- 3Y*
- 15.34%
- 5Y*
- 5.13%
- 10Y*
- 10.75%
IVV
- 1D
- 0.47%
- 1M
- 4.66%
- YTD
- 11.38%
- 6M
- 11.30%
- 1Y
- 28.64%
- 3Y*
- 22.69%
- 5Y*
- 13.99%
- 10Y*
- 15.53%
FNF vs. IVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FNF Fidelity National Financial, Inc. | -14.75% | 4.35% | 14.02% | 42.18% | -21.64% | 38.04% | -10.34% | 48.75% | -17.22% | 65.53% |
IVV iShares Core S&P 500 ETF | 11.38% | 17.85% | 24.93% | 26.31% | -18.16% | 28.76% | 18.40% | 31.07% | -4.49% | 21.75% |
Correlation
The correlation between FNF and IVV is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2005 | 0.50 |
Over the past year, the correlation between FNF and IVV has dropped to 0.27 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FNF vs. IVV — Risk / Return Rank
FNF
IVV
FNF vs. IVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity National Financial, Inc. (FNF) 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.
| FNF | IVV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.77 | ||
| Sortino ratioReturn per unit of downside risk | -3.60 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.44 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | -0.35 | 3.24 | -3.58 |
| Martin ratioReturn relative to average drawdown | -0.90 | 15.05 | -15.95 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| FNF | IVV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.33 | 2.44 | -2.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.83 | -0.64 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.86 | -0.48 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.45 | -0.20 |
Drawdowns
FNF vs. IVV - Drawdown Comparison
The maximum FNF drawdown since its inception was -72.49%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for FNF and IVV.
Loading charts...
Drawdown Indicators
| FNF | IVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.49% | -55.25% | -17.24% |
Max Drawdown (1Y)Largest decline over 1 year | -24.43% | -8.89% | -15.54% |
Max Drawdown (3Y)Largest decline over 3 years | -30.06% | -18.75% | -11.31% |
Max Drawdown (5Y)Largest decline over 5 years | -36.69% | -24.53% | -12.16% |
Max Drawdown (10Y)Largest decline over 10 years | -56.21% | -33.90% | -22.31% |
Current DrawdownCurrent decline from peak | -25.58% | -0.29% | -25.29% |
Average DrawdownAverage peak-to-trough decline | -17.12% | -10.78% | -6.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.37% | 1.91% | +7.46% |
Volatility
FNF vs. IVV - Volatility Comparison
Fidelity National Financial, Inc. (FNF) has a higher volatility of 7.32% compared to iShares Core S&P 500 ETF (IVV) at 2.83%. This indicates that FNF's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FNF | IVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.32% | 2.83% | +4.49% |
Volatility (6M)Calculated over the trailing 6-month period | 19.40% | 8.90% | +10.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.76% | 11.80% | +13.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.07% | 16.88% | +9.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.11% | 18.05% | +10.06% |
Dividends
FNF vs. IVV - Dividend Comparison
FNF's dividend yield for the trailing twelve months is around 4.35%, more than IVV's 1.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNF Fidelity National Financial, Inc. | 4.35% | 3.60% | 3.46% | 3.59% | 4.57% | 2.99% | 3.45% | 2.78% | 3.82% | 37.01% | 2.59% | 2.31% |
IVV iShares Core S&P 500 ETF | 1.06% | 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
FNF and IVV have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FNF has higher volatility (7.32%) compared to IVV (2.83%). In terms of maximum drawdown, FNF dropped -72.49% vs IVV's -55.25%.
IVV currently has the higher Sharpe Ratio (2.44 vs -0.33), 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.
Find the right allocation for FNF and IVV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer