FTKI vs IVV
FTKI vs IVV
First Trust Small Cap BuyWrite Income ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. FTKI delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | FTKI | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.85% | 0.03% | |
| AUM | $25M | $865.2B | |
| Dividend Yield | 12.53% | 1.09% | |
| Holdings | 170 | 508 | |
| YTD Return | +13.99% | +13.80% | |
| 1Y Return | +23.96% | +23.70% | |
| 3Y Return (annualized) | - | +21.49% | |
| 5Y Return (annualized) | - | +13.43% | |
| Volatility (annualized) | 10.3% | 15.1% | |
| Max Drawdown | -15.2% | -56.5% | |
| Fund Family | First Trust Portfolios (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Feb 26, 2025 | May 15, 2000 |
FTKI vs IVV Performance
First Trust Small Cap BuyWrite Income ETF (FTKI) is a ETF from First Trust Portfolios (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FTKI returned +23.96% while IVV returned +23.70%. Year to date, FTKI is up 13.99% versus a gain of 13.80% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 10.3% for FTKI. 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 -15.2% for FTKI 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 0.38. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FTKI charges 0.85% per year while IVV charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, FTKI currently yields 12.53% against 1.09% for IVV.
Holdings Overlap
FTKI and IVV share 1 holdings out of 648 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FTKI | Weight in IVV | Difference |
|---|---|---|---|
| CASY | 0.15% | 0.05% | 0.10% |
Frequently Asked Questions
Which is cheaper, FTKI or IVV?
FTKI has an expense ratio of 0.85% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, FTKI or IVV?
Over the past year FTKI returned +23.96% vs +23.70% for IVV, so FTKI leads on 1-year performance. Over the longest common window we track (1 years), FTKI annualized +13.38% vs +7.05% for IVV. Past performance does not guarantee future results.
Which is riskier, FTKI or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 10.3% for FTKI. Worst drawdown: FTKI -15.2% vs IVV -56.5%.
Should I hold both FTKI and IVV?
FTKI and IVV have a monthly-return correlation of 0.38, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FTKI and IVV?
FTKI and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 648 unique securities.
Which pays a higher dividend, FTKI or IVV?
FTKI yields 12.53% while IVV yields 1.09%, so FTKI currently pays the higher dividend yield.
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