FUSI vs IVV
FUSI vs IVV
American Century Multisector Floating 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 | FUSI | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.27% | 0.03% | |
| AUM | $23M | $865.2B | |
| Dividend Yield | 5.25% | 1.09% | |
| Holdings | 61 | 508 | |
| YTD Return | +3.23% | +11.54% | |
| 1Y Return | +5.26% | +21.48% | |
| 3Y Return (annualized) | +5.75% | +20.86% | |
| 5Y Return (annualized) | - | +13.02% | |
| Volatility (annualized) | 0.7% | 15.1% | |
| Max Drawdown | -0.7% | -56.5% | |
| Fund Family | American Century Investments | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Mar 14, 2023 | May 15, 2000 |
FUSI vs IVV Performance
American Century Multisector Floating Income ETF (FUSI) is a ETF from American Century Investments and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FUSI returned +5.26% while IVV returned +21.48%. Year to date, FUSI is up 3.23% versus a gain of 11.54% for IVV.
Over three years, FUSI compounded at +5.75% per year against +20.86% for IVV. Across the full 3-year window we track, IVV has the edge at +6.97% annualized vs +5.99%. 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 0.7% for FUSI. 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 -0.7% for FUSI 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 0.39. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FUSI charges 0.27% per year while IVV charges 0.03%. On a $10,000 position that is $27 vs $3 annually, a gap of $24 per year that compounds over a long holding period. On income, FUSI currently yields 5.25% against 1.09% for IVV.
Holdings Overlap
FUSI and IVV share 0 holdings out of 526 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, FUSI or IVV?
FUSI has an expense ratio of 0.27% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $24 per year of difference.
Which performed better, FUSI or IVV?
Over the past year FUSI returned +5.26% vs +21.48% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (3 years), FUSI annualized +5.99% vs +6.97% for IVV. Past performance does not guarantee future results.
Which is riskier, FUSI or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 0.7% for FUSI. Worst drawdown: FUSI -0.7% vs IVV -56.5%.
Should I hold both FUSI and IVV?
FUSI and IVV have a monthly-return correlation of 0.39, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FUSI and IVV?
FUSI and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 526 unique securities.
Which pays a higher dividend, FUSI or IVV?
FUSI yields 5.25% while IVV yields 1.09%, so FUSI currently pays the higher dividend yield.
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