IVV vs FGSE: Which ETF Is Better?
A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.
IVV comes out ahead on 4 of 5 measures. Which matters most depends on you.
The short answer
Worth about $47,267 on $100,000 over 20 years.
Bigger funds usually trade more cheaply and are less likely to close.
A tighter gap between the buy and sell price.
IVV vs FGSE side by side
| IVV leads on 4, FGSE on 1 | IVViShares S&P 500 ETF | FGSEFranklin Global Systematic Equity Fund β Active ETF |
|---|---|---|
| The basics | ||
| Index tracked | S&P 500 Index | See the PDS |
| Fund manager | iShares | Franklin Templeton |
| Asset class | International shares | International shares |
| Listed | Oct 2007 | Jun 2026 |
| Cost and size | ||
| MERyearly fee, lower is better | 0.04%β | 0.74% |
| AUMfund size | $14.9bnβ | $372m |
| Net flows (Sep)new money in, last month | β$84m | $17mβ |
| Bid/ask spreadtrading cost, lower is better | 0.02%β | 0.50% |
| Total returns | ||
| 1 month | +2.6%β | +1.6% |
| 1 year | +10.1% | β |
| 3 years p.a. | +19.2% | β |
| 5 years p.a. | +13.4% | β |
| $10,000 invested | ||
| 1 year ago | $11,012 | β |
| 5 years ago | $18,779 | β |
β marks the better figure on each measure. Returns include distributions, to 30 September 2026.
IVV vs FGSE price chart
Both ETFs on one chart as % change. Use the 1D to All buttons to change the period. Price only, so it leaves out distributions Β· TradingView
What $10,000 invested is worth now
Only IVV has a 5 years record: $10,000 then is worth $18,779 today.
Total returns to 30 September 2026, with distributions reinvested, before tax and brokerage. The price chart above leaves out distributions, so it can look worse. Past performance is not a reliable indicator of future performance.
What the fees cost you
IVV's lower fee leaves about $47,267 more in your pocket over 20 years.
Total fees paid on a $100,000 investment, assuming a 7% a year return before fees. Illustration only: it ignores tax, brokerage and differences in returns.
Get the full IVV vs FGSE report
- Every holding of each ETF: the top 50 companies, with sectors and countries
- Exactly which companies they share, and how much of each
- Fees in dollars over 10, 20 and 30 years
- Every metric side by side, including the index each tracks
- β FREE BONUSIs now a good time to invest? The Market Health-O-Meter

FAQs
Which is better, IVV or FGSE?
It depends on what you need. On our numbers IVV wins on 4 measures and FGSE on 1. IVV is cheaper, with a management fee of 0.04% vs 0.74%. On $100,000 over 20 years that difference is worth about $47,267. IVV is the larger fund at $14.9bn vs $372m. IVV has the tighter bid/ask spread (0.02%), so it is usually slightly cheaper to trade.
Which is cheaper, IVV or FGSE?
IVV charges 0.04% a year and FGSE charges 0.74% a year.
Can I hold both IVV and FGSE?
You can, but check how much they overlap. IVV is a international shares fund and FGSE is a international shares fund.
More comparisons
General information only, not a recommendation. Past performance is not a reliable indicator of future performance.