FENY vs IVV
FENY vs IVV
Fidelity MSCI Energy Index ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. FENY delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | FENY | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.08% | 0.03% | |
| AUM | $1.7B | $865.2B | |
| Dividend Yield | 2.63% | 1.09% | |
| Holdings | 101 | 508 | |
| YTD Return | +27.25% | +13.31% | |
| 1Y Return | +38.25% | +24.00% | |
| 3Y Return (annualized) | +13.28% | +21.16% | |
| 5Y Return (annualized) | +22.93% | +13.34% | |
| Volatility (annualized) | 28.7% | 15.1% | |
| Max Drawdown | -78.9% | -56.5% | |
| Fund Family | Fidelity Investments (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Oct 21, 2013 | May 15, 2000 |
FENY vs IVV Performance
Fidelity MSCI Energy Index ETF (FENY) is a ETF from Fidelity Investments (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FENY returned +38.25% while IVV returned +24.00%. Year to date, FENY is up 27.25% versus a gain of 13.31% for IVV.
Over three years, FENY compounded at +13.28% per year against +21.16% for IVV; over five years the annualized figures are +22.93% and +13.34% respectively. Across the full 13-year window we track, IVV has the edge at +7.03% annualized vs +3.41%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FENY has been the more volatile fund, with annualized monthly volatility of 28.7% compared with 15.1% for IVV. 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 -78.9% for FENY and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FENY charges 0.08% per year while IVV charges 0.03%. On a $10,000 position that is $8 vs $3 annually, a gap of $5 per year that compounds over a long holding period. On income, FENY currently yields 2.63% against 1.09% for IVV.
Holdings Overlap
FENY and IVV share 20 holdings out of 586 unique holdings combined, representing a 3.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FENY | Weight in IVV | Difference |
|---|---|---|---|
| XOM | 21.33% | 0.97% | 20.36% |
| CVX | 13.64% | 0.55% | 13.09% |
| COP | 5.62% | 0.22% | 5.40% |
| WMB | Pro | Pro | Pro |
| VLO | Pro | Pro | Pro |
| MPC | Pro | Pro | Pro |
| EOG | Pro | Pro | Pro |
| PSX | Pro | Pro | Pro |
| SLB:CW | Pro | Pro | Pro |
| KMI | Pro | Pro | Pro |
See all 10 holdings FENY shares with IVV Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, FENY or IVV?
FENY has an expense ratio of 0.08% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $5 per year of difference.
Which performed better, FENY or IVV?
Over the past year FENY returned +38.25% vs +24.00% for IVV, so FENY leads on 1-year performance. Over the longest common window we track (13 years), FENY annualized +3.41% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, FENY or IVV?
FENY has been the more volatile fund at 28.7% annualized versus 15.1% for IVV. Worst drawdown: FENY -78.9% vs IVV -56.5%.
Should I hold both FENY and IVV?
FENY and IVV have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FENY and IVV?
FENY and IVV share 20 common holdings with a 3.3% weight overlap. Combined, they hold 586 unique securities.
Which pays a higher dividend, FENY or IVV?
FENY yields 2.63% while IVV yields 1.09%, so FENY currently pays the higher dividend yield.
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