Which returned more over the last year, FEX or IVOV?

In the year to Oct 9, 2026, with distributions reinvested, FEX returned +17.6% and IVOV +10.4%.

Which is cheaper, FEX or IVOV?

IVOV is cheaper, by 0.47 percentage points a year. On $10,000 held for a year that difference is about $47. Fees come from each fund's prospectus.

How much do FEX and IVOV overlap with the S&P 500?

By their latest filed holdings, 86% of FEX and 0% of IVOV by weight is stocks the S&P 500 already holds.

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FEX vs IVOV: how they differ

FEX and IVOV hold 5% of their weight in the same names, and FEX returned +17.6% over the year. First Trust Large Cap Core AlphaDEX Fund and Vanguard S&P Mid-Cap 400 Value ETF.

IVOV costs 0.47 points a year less; their one-year returns differ by 7.2 points; FEX is 1.3 times larger.

	FEX	IVOV
Expense ratio	0.57%	0.10%
Net assets, FEX as of Oct 9, 2026 and IVOV as of Sep 30, 2026	$1.6bn	$1.2bn
Total return, 1 year	+17.6%	+10.4%
Holdings in common	5%
Nasdaq-100, total return, 1 year	+23.6%
Top ten holdings, share of the fund	5.0%	10.5%
Below its high	4.1%, high on Aug 14, 2026	7.1%, high on Aug 14, 2026

Holdings in common uses holdings dated Aug 31, 2026 and Oct 9, 2026.

+17.6%

FEX total return, 1 year

+10.4%

IVOV total return, 1 year

0.57%

FEX expense ratio

0.10%

IVOV expense ratio

What they hold in common

By the books each fund has filed, FEX and IVOV hold 5% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Aug 31, 2026 and Oct 9, 2026.

50%

half

5% in common

Positions both hold, largest shared weight first

Holding FEX IVOV

HF Sinclair Corp. 0.49% 0.90%

Ovintiv Inc. 0.48% 1.05%

Permian Resources Corp. 0.47% 1.06%

Illumina, Inc. 0.44% 0.86%

SharkNinja Inc. 0.44% 0.79%

Annaly Capital Management, Inc. 0.42% 0.97%

Jones Lang LaSalle Incorporated 0.34% 0.98%

Nutanix, Inc. (Class A) 0.27% 0.42%

Reliance Inc. 0.27% 1.14%

W.P. Carey Inc. 0.25% 0.42%

Performance Food Group Company 0.18% 0.90%

TD SYNNEX Corporation 0.18% 1.10%

Only in FEX

PTC Inc. 0.60%

Everpure, Inc. (Class A) 0.51%

Hewlett Packard Enterprise Company 0.50%

NetApp, Inc. 0.49%

Okta, Inc. 0.48%

Constellation Brands, Inc. (Class A) 0.47%

Dell Technologies Inc. (Class C) 0.47%

EQT Corporation 0.47%

Only in IVOV

Reinsurance Group of America Inc 0.94%

Pinnacle Financial Partners Inc 0.87%

Aramark 0.86%

Unum Group 0.80%

Toll Brothers Inc 0.79%

Alcoa Corp 0.77%

BorgWarner Inc 0.76%

Crown Holdings Inc 0.75%

Check overlap with more funds →

On the same fields

FEX

First Trust Large Cap Core AlphaDEX Fund

IVOV

Vanguard S&P Mid-Cap 400 Value ETF

Where it sits Stock ETF Stock ETF

Issuer First Trust Vanguard

What it is Tracks an index Tracks an index

Total return, 1 year +17.6% +10.4%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 +0.4 pts −6.8 pts

Expense ratio 0.57% 0.10%

Already in the S&P 500 85.6% 0.0%

Holdings 375 299

Net assets, FEX as of Oct 9, 2026 and IVOV as of Sep 30, 2026 $1.6bn $1.2bn

FEX and IVOV on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

FEX in plain words

FEX tracks an index. Over the year to Oct 9, 2026 it returned +17.6% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.57% a year. By its holdings published by its issuer for Oct 9, 2026, 86% of the fund by weight is stocks the S&P 500 also holds, across 375 positions, with the top ten at 5.0%. It sat 4.1% below its high of Aug 14, 2026 on Oct 9, 2026.

IVOV in plain words

IVOV tracks an index. Over the year to Oct 9, 2026 it returned +10.4% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.10% a year. By its holdings published by its issuer as of Aug 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 299 positions, with the top ten at 10.5%. It sat 7.1% below its high of Aug 14, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, FEX or IVOV?: In the year to Oct 9, 2026, with distributions reinvested, FEX returned +17.6% and IVOV +10.4%.
Which is cheaper, FEX or IVOV?: IVOV is cheaper, by 0.47 percentage points a year. On $10,000 held for a year that difference is about $47. Fees come from each fund's prospectus.
How much do FEX and IVOV overlap with the S&P 500?: By their latest filed holdings, 86% of FEX and 0% of IVOV by weight is stocks the S&P 500 already holds.

Other comparisons

FEX vs IMCV FEX vs ILCV FEX vs FXO FEX vs FTXR IVOV vs PEY FTXR vs IVOV IVOV vs RPV IVOV vs REGL

FEX on its own →IVOV on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

FEX filings on SEC EDGAR ↗FEX prospectus with the expense ratio (SEC) ↗First Trust page for FEX ↗IVOV filings on SEC EDGAR ↗IVOV prospectus with the expense ratio (SEC) ↗Vanguard page for IVOV ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Cite this page

ETFIQ, FEX against IVOV, data as of Oct 9, 2026. https://etfiq.com/compare/any/fex-vs-ivov

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.