FLRT vs IVV
FLRT vs IVV
Pacer Aristotle Pacific Floating Rate High Income ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | FLRT | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.03% | |
| AUM | $657M | $865.2B | |
| Dividend Yield | 6.77% | 1.09% | |
| Holdings | 274 | 508 | |
| YTD Return | +2.30% | +9.93% | |
| 1Y Return | +5.11% | +19.59% | |
| 3Y Return (annualized) | +7.88% | +19.41% | |
| 5Y Return (annualized) | +6.09% | +12.89% | |
| Volatility (annualized) | 5.4% | 15.1% | |
| Max Drawdown | -25.8% | -56.5% | |
| Fund Family | Pacer ETFs | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Feb 18, 2015 | May 15, 2000 |
FLRT vs IVV Performance
Pacer Aristotle Pacific Floating Rate High Income ETF (FLRT) is a ETF from Pacer ETFs and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FLRT returned +5.11% while IVV returned +19.59%. Year to date, FLRT is up 2.30% versus a gain of 9.93% for IVV.
Over three years, FLRT compounded at +7.88% per year against +19.41% for IVV; over five years the annualized figures are +6.09% and +12.89% respectively. Across the full 11-year window we track, IVV has the edge at +6.91% annualized vs +2.52%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 5.4% for FLRT. 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 -25.8% for FLRT 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 0.58. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FLRT charges 0.60% per year while IVV charges 0.03%. On a $10,000 position that is $60 vs $3 annually, a gap of $57 per year that compounds over a long holding period. On income, FLRT currently yields 6.77% against 1.09% for IVV.
Holdings Overlap
FLRT and IVV share 0 holdings out of 681 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FLRT or IVV?
FLRT has an expense ratio of 0.60% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $57 per year of difference.
Which performed better, FLRT or IVV?
Over the past year FLRT returned +5.11% vs +19.59% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (11 years), FLRT annualized +2.52% vs +6.91% for IVV. Past performance does not guarantee future results.
Which is riskier, FLRT or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 5.4% for FLRT. Worst drawdown: FLRT -25.8% vs IVV -56.5%.
Should I hold both FLRT and IVV?
FLRT and IVV have a monthly-return correlation of 0.58, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FLRT and IVV?
FLRT and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 681 unique securities.
Which pays a higher dividend, FLRT or IVV?
FLRT yields 6.77% while IVV yields 1.09%, so FLRT currently pays the higher dividend yield.
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