IVV vs. FXAIX
Compare and contrast key facts about iShares Core S&P 500 ETF (IVV) and Fidelity 500 Index Fund (FXAIX).
IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IVV or FXAIX.
Correlation
The correlation between IVV and FXAIX is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IVV vs. FXAIX - Performance Comparison
Key characteristics
IVV:
0.75
FXAIX:
0.74
IVV:
1.15
FXAIX:
1.14
IVV:
1.17
FXAIX:
1.17
IVV:
0.77
FXAIX:
0.77
IVV:
3.05
FXAIX:
3.06
IVV:
4.72%
FXAIX:
4.72%
IVV:
19.34%
FXAIX:
19.51%
IVV:
-55.25%
FXAIX:
-33.79%
IVV:
-7.26%
FXAIX:
-7.24%
Returns By Period
The year-to-date returns for both investments are quite close, with IVV having a -2.98% return and FXAIX slightly higher at -2.95%. Both investments have delivered pretty close results over the past 10 years, with IVV having a 12.52% annualized return and FXAIX not far behind at 12.37%.
IVV
-2.98%
12.16%
-0.11%
12.31%
16.47%
12.52%
FXAIX
-2.95%
12.14%
-0.11%
12.36%
16.50%
12.37%
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IVV vs. FXAIX - Expense Ratio Comparison
IVV has a 0.03% expense ratio, which is higher than FXAIX's 0.02% 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%.
Risk-Adjusted Performance
IVV vs. FXAIX — Risk-Adjusted Performance Rank
IVV
FXAIX
IVV vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P 500 ETF (IVV) and Fidelity 500 Index Fund (FXAIX). 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.
Dividends
IVV vs. FXAIX - Dividend Comparison
IVV's dividend yield for the trailing twelve months is around 1.36%, more than FXAIX's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVV iShares Core S&P 500 ETF | 1.36% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% |
FXAIX Fidelity 500 Index Fund | 1.31% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
IVV vs. FXAIX - Drawdown Comparison
The maximum IVV drawdown since its inception was -55.25%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for IVV and FXAIX. For additional features, visit the drawdowns tool.
Volatility
IVV vs. FXAIX - Volatility Comparison
iShares Core S&P 500 ETF (IVV) and Fidelity 500 Index Fund (FXAIX) have volatilities of 14.18% and 14.31%, 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.