FSLD vs IVV
FSLD vs IVV
Fidelity Sustainable Low Duration Bond 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 | FSLD | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.03% | |
| AUM | $5M | $865.2B | |
| Dividend Yield | 4.40% | 1.09% | |
| Holdings | 227 | 508 | |
| YTD Return | +2.46% | +13.80% | |
| 1Y Return | +2.96% | +23.70% | |
| 3Y Return (annualized) | +4.63% | +21.49% | |
| 5Y Return (annualized) | - | +13.43% | |
| Volatility (annualized) | 0.8% | 15.1% | |
| Max Drawdown | -0.6% | -56.5% | |
| Fund Family | Fidelity Investments (US) | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Apr 19, 2022 | May 15, 2000 |
FSLD vs IVV Performance
Fidelity Sustainable Low Duration Bond ETF (FSLD) 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 FSLD returned +2.96% while IVV returned +23.70%. Year to date, FSLD is up 2.46% versus a gain of 13.80% for IVV.
Over three years, FSLD compounded at +4.63% per year against +21.49% for IVV. Across the full 4-year window we track, IVV has the edge at +7.05% annualized vs +4.04%. 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 0.8% for FSLD. 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 -0.6% for FSLD 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 0.27. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FSLD charges 0.20% per year while IVV charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, FSLD currently yields 4.40% against 1.09% for IVV.
Holdings Overlap
FSLD and IVV share 0 holdings out of 736 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, FSLD or IVV?
FSLD has an expense ratio of 0.20% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, FSLD or IVV?
Over the past year FSLD returned +2.96% vs +23.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), FSLD annualized +4.04% vs +7.05% for IVV. Past performance does not guarantee future results.
Which is riskier, FSLD or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 0.8% for FSLD. Worst drawdown: FSLD -0.6% vs IVV -56.5%.
Should I hold both FSLD and IVV?
FSLD and IVV have a monthly-return correlation of 0.27, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FSLD and IVV?
FSLD and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 736 unique securities.
Which pays a higher dividend, FSLD or IVV?
FSLD yields 4.40% while IVV yields 1.09%, so FSLD currently pays the higher dividend yield.
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