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IVV vs FESM

iShares Core S&P 500 ETF vs Fidelity Enhanced Small Cap Core ETF

IVV

iShares Core S&P 500 ETF

iShares

Annual cost

0.03%

Fund size

$797.5B

FESM

Fidelity Enhanced Small Cap Core ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$5.0B

Key differences

  • IVV costs 0.25% less per year.
  • IVV is significantly larger than FESM — larger funds tend to be more liquid and less likely to close.
  • IVV follows a index tracking strategy; FESM uses index enhanced.
  • IVV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IVVFESM
Annual cost (TER)0.03%0.28%
Fund size (AUM)$797.5B$5.0B
Since20002007
Dividend yield1.12%0.55%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex enhanced
CAGR 1Y+29.5%+52.9%
CAGR 3Y+23.2%N/A
CAGR 5Y+14.0%N/A
Sharpe 3Y1.25N/A
Volatility 1Y11.96%19.05%
Max drawdown-33.90%-26.93%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to IVV and FESM