FTNY vs IVV
FTNY vs IVV
Franklin New York Municipal Income ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | FTNY | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.36% | 0.03% | |
| AUM | $597M | $865.2B | |
| Dividend Yield | 2.80% | 1.09% | |
| Holdings | 284 | 508 | |
| YTD Return | +1.20% | +13.80% | |
| 1Y Return | - | +23.70% | |
| 3Y Return (annualized) | - | +21.49% | |
| 5Y Return (annualized) | - | +13.43% | |
| Volatility (annualized) | - | 15.1% | |
| Max Drawdown | -3.1% | -56.5% | |
| Fund Family | Franklin Templeton Investments (US) | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Sep 2, 1983 | May 15, 2000 |
FTNY vs IVV Performance
Franklin New York Municipal Income ETF (FTNY) is a ETF from Franklin Templeton Investments (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Year to date, FTNY is up 1.20% versus a gain of 13.80% for IVV.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -3.1% for FTNY and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
FTNY charges 0.36% per year while IVV charges 0.03%. On a $10,000 position that is $36 vs $3 annually, a gap of $33 per year that compounds over a long holding period. On income, FTNY currently yields 2.80% against 1.09% for IVV.
Holdings Overlap
FTNY and IVV share 0 holdings out of 592 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, FTNY or IVV?
FTNY has an expense ratio of 0.36% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $33 per year of difference.
What is the holdings overlap between FTNY and IVV?
FTNY and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 592 unique securities.
Which pays a higher dividend, FTNY or IVV?
FTNY yields 2.80% while IVV yields 1.09%, so FTNY currently pays the higher dividend yield.
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