FEMV vs IVV
Fidelity Enhanced Mid Cap Value ETF vs iShares Core S&P 500 ETF
Which is better, FEMV or IVV?
Mid Cap Value against Large Cap Blend.
IVV has a lower expense ratio. FEMV is less concentrated, with 10.1% of the fund in its ten largest positions against 38.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FEMV | IVV |
|---|---|---|
| Expense Ratio | 0.23% | 0.03%Best |
| AUM | $7M | $896.5B |
| Dividend Yield | 0.61% | 1.10% |
| Holdings | 262 | 508 |
| YTD Return | +7.60% | +13.59%Best |
| 1Y Return | - | +17.54% |
| 3Y Return (annualized) | - | +22.46% |
| 5Y Return (annualized) | - | +13.28% |
| Top 10 Weight | 10.1%Best | 38.9% |
| Fund Family | Fidelity Investments (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Apr 28, 2026 | May 15, 2000 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
FEMV vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FEMV vs IVV Performance
Fidelity Enhanced Mid Cap Value ETF (FEMV) is an ETF from Fidelity Investments (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Year to date, FEMV is up 7.60% versus a gain of 13.59% for IVV.
Past performance does not guarantee future results.
Fees and Cost Over Time
FEMV charges 0.23% per year while IVV charges 0.03%. On a $10,000 position that is $23 vs $3 annually, a gap of $20 per year that compounds over a long holding period. On income, FEMV currently yields 0.61% against 1.10% for IVV.
Holdings Overlap
60.8% of FEMV's money is in holdings IVV also owns. 7.2% of IVV's money is in holdings FEMV also owns.
The two portfolios partly overlap.
135 positions in common, counted across the 261 positions we hold weights for in FEMV and 506 in IVV, against full books of 262 and 508.
What only one of them owns
Our book lists 366 positions for IVV that do not appear in our book for FEMV (92.3% of the fund), and 115 for FEMV that do not appear in IVV (34.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in FEMV | Weight in IVV | Difference |
|---|---|---|---|
| MPCMarathon Petroleum Corp | 1.10% | 0.18% | 0.92% |
| HPEHewlett Packard Enterprise Co | 1.08% | 0.13% | 0.95% |
| NUENucor Corp. | 1.07% | 0.08% | 0.99% |
| STTState Street Corp. | 1.04% | 0.07% | 0.97% |
| PSXPhillips 66 | 0.94% | 0.16% | 0.78% |
| DLRDigital Realty Trust Inc. | 1.00% | 0.09% | 0.91% |
| AMEAmetek Inc | 0.98% | 0.09% | 0.89% |
| KMIKinder Morgan Inc./de | 0.97% | 0.09% | 0.88% |
| IQVI Q V I A Holdings Inc. | 0.96% | 0.06% | 0.90% |
| ALLAllstate Corp. | 0.93% | 0.09% | 0.84% |
60.8% of FEMV is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FEMV or IVV?
FEMV has an expense ratio of 0.23% while IVV charges 0.03%. IVV is the cheaper option, by $20 a year on a $10,000 investment.
What is the holdings overlap between FEMV and IVV?
60.8% of FEMV's money is in holdings IVV also owns. 7.2% of IVV's is in holdings FEMV also owns. They hold 135 positions in common, counted across the 261 positions we hold weights for in FEMV and 506 in IVV.
Which pays a higher dividend, FEMV or IVV?
FEMV yields 0.61% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
Is IVV better than FEMV?
IVV has a lower expense ratio. FEMV is less concentrated, with 10.1% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.