FLXR vs IVV
FLXR vs IVV
TCW Flexible Income ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. FLXR offers more diversification with 550 holdings.
Side-by-Side Comparison
| Metric | FLXR | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.03% | |
| AUM | - | $865.2B | |
| Dividend Yield | 5.81% | 1.09% | |
| Holdings | 1,519 | 508 | |
| YTD Return | +1.35% | +9.93% | |
| 1Y Return | +4.52% | +19.59% | |
| 3Y Return (annualized) | - | +19.41% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | 3.0% | 15.1% | |
| Max Drawdown | -1.9% | -56.5% | |
| Fund Family | TCW ETFs | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jun 24, 2024 | May 15, 2000 |
FLXR vs IVV Performance
TCW Flexible Income ETF (FLXR) is a ETF from TCW ETFs and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FLXR returned +4.52% while IVV returned +19.59%. Year to date, FLXR is up 1.35% versus a gain of 9.93% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 3.0% for FLXR. 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 -1.9% for FLXR 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 0.37. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FLXR charges 0.35% per year while IVV charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, FLXR currently yields 5.81% against 1.09% for IVV.
Holdings Overlap
FLXR and IVV share 1 holdings out of 1054 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FLXR | Weight in IVV | Difference |
|---|---|---|---|
| CNP | 0.18% | 0.04% | 0.14% |
Frequently Asked Questions
Which is cheaper, FLXR or IVV?
FLXR has an expense ratio of 0.35% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, FLXR or IVV?
Over the past year FLXR returned +4.52% vs +19.59% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), FLXR annualized +6.89% vs +6.91% for IVV. Past performance does not guarantee future results.
Which is riskier, FLXR or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 3.0% for FLXR. Worst drawdown: FLXR -1.9% vs IVV -56.5%.
Should I hold both FLXR and IVV?
FLXR and IVV have a monthly-return correlation of 0.37, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FLXR and IVV?
FLXR and IVV share 1 common holdings with a 0.0% weight overlap. Combined, they hold 1054 unique securities.
Which pays a higher dividend, FLXR or IVV?
FLXR yields 5.81% while IVV yields 1.09%, so FLXR currently pays the higher dividend yield.
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