Which returned more over the last year, FXO or IMCV?

In the year to Oct 9, 2026, with distributions reinvested, FXO returned +7.9% and IMCV +20.8%.

Which is cheaper, FXO or IMCV?

IMCV is cheaper, by 0.54 percentage points a year. On $10,000 held for a year that difference is about $54. Fees come from each fund's prospectus.

How much do FXO and IMCV overlap with the S&P 500?

By their latest filed holdings, 41% of FXO and 92% of IMCV by weight is stocks the S&P 500 already holds.

Share on X Download as PDF Compare their flows Ask about these two funds

FXO vs IMCV: how they differ

FXO and IMCV hold 12% of their weight in the same names, and IMCV returned +20.8% over the year. First Trust Financials AlphaDEX Fund and iShares Morningstar Mid-Cap Value ETF.

IMCV costs 0.54 points a year less; their one-year returns differ by 12.9 points; IMCV is 1.1 times larger.

	FXO	IMCV
Expense ratio	0.60%	0.06%
Net assets	$1.0bn	$1.1bn
Total return, 1 year	+7.9%	+20.8%
Holdings in common	12%
Nasdaq-100, total return, 1 year	+23.6%
Top ten holdings, share of the fund	17.1%	13.6%
Below its high	7.1%, high on Sep 3, 2026	3.7%, high on Aug 24, 2026

Holdings in common uses holdings dated Oct 8, 2026 and Oct 9, 2026.

+7.9%

FXO total return, 1 year

+20.8%

IMCV total return, 1 year

0.60%

FXO expense ratio

0.06%

IMCV expense ratio

What they hold in common

By the books each fund has filed, FXO and IMCV hold 12% 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 Oct 8, 2026 and Oct 9, 2026.

50%

half

12% in common

Positions both hold, largest shared weight first

Holding FXO IMCV

The Travelers Companies, Inc. 1.28% 1.11%

Truist Financial Corporation 1.24% 0.81%

Aflac Incorporated 0.95% 0.74%

The PNC Financial Services Group, Inc. 0.61% 1.26%

U.S. Bancorp 0.61% 1.28%

Prudential Financial, Inc. 0.62% 0.57%

American International Group, Inc. 1.69% 0.55%

The Bank of New York Mellon Corporation 0.61% 0.54%

The Hartford Insurance Group, Inc. 1.72% 0.51%

Arch Capital Group Ltd. 1.69% 0.46%

M&T Bank Corporation 1.24% 0.46%

The Allstate Corporation 1.68% 0.42%

Only in FXO

Chime Financial, Inc. (Class A) 1.84%

MGIC Investment Corporation 1.73%

RenaissanceRe Holdings Ltd. 1.70%

Berkshire Hathaway Inc. (Class B) 1.69%

Assured Guaranty Ltd. 1.68%

Axis Capital Holdings Limited 1.67%

Old Republic International Corporation 1.67%

White Mountains Insurance Group Ltd. 1.67%

Only in IMCV

VALERO ENERGY CORP 1.84%

PHILLIPS 66 1.62%

AUTOMATIC DATA PROCESSING INC 1.55%

HEWLETT PACKARD ENTERPRISE 1.36%

3M 1.22%

ELEVANCE HEALTH INC 1.21%

EOG RESOURCES 1.12%

MONDELEZ INTERNATIONAL CLASS A 1.12%

Check overlap with more funds →

On the same fields

FXO

First Trust Financials AlphaDEX Fund

IMCV

iShares Morningstar Mid-Cap Value ETF

Where it sits Stock ETF Stock ETF

Issuer First Trust iShares

What it is Tracks an index Tracks an index

Total return, 1 year +7.9% +20.8%

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

Gap to the S&P 500 −9.3 pts +3.6 pts

Expense ratio 0.60% 0.06%

Already in the S&P 500 40.9% 92.3%

Holdings 105 270

Net assets $1.0bn $1.1bn

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

FXO in plain words

FXO tracks an index. Over the year to Oct 9, 2026 it returned +7.9% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.60% a year. By its holdings published by its issuer for Oct 9, 2026, 41% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 17.1%. It sat 7.1% below its high of Sep 3, 2026 on Oct 9, 2026.

IMCV in plain words

IMCV tracks an index. Over the year to Oct 9, 2026 it returned +20.8% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer for Oct 8, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 270 positions, with the top ten at 13.6%. It sat 3.7% below its high of Aug 24, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, FXO or IMCV?: In the year to Oct 9, 2026, with distributions reinvested, FXO returned +7.9% and IMCV +20.8%.
Which is cheaper, FXO or IMCV?: IMCV is cheaper, by 0.54 percentage points a year. On $10,000 held for a year that difference is about $54. Fees come from each fund's prospectus.
How much do FXO and IMCV overlap with the S&P 500?: By their latest filed holdings, 41% of FXO and 92% of IMCV by weight is stocks the S&P 500 already holds.

Other comparisons

FXO vs VFMF FXO vs IVOV FXO vs ILCV FXO vs RPV IMCV vs PEY FTXR vs IMCV IMCV vs VFMF IMCV vs IVOV

FXO on its own →IMCV on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

FXO filings on SEC EDGAR ↗FXO prospectus with the expense ratio (SEC) ↗First Trust page for FXO ↗IMCV filings on SEC EDGAR ↗IMCV prospectus with the expense ratio (SEC) ↗iShares page for IMCV ↗

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, FXO against IMCV, data as of Oct 9, 2026. https://etfiq.com/compare/any/fxo-vs-imcv

Open data

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