Depends what you're fighting. Hive / Cabal = invective. Fallen = FV.
Invective is better for burst damage cuz it fires twice as fast.
You'll also never run out of ammo for invective and you can use it as a primary. Can't say the same about FV.
Both are great, but if i'm not using Gjallarhorn and i'm in a shotgun mood, I'll choose invective / LoW / 4th Horseman every time over FV.
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Thought we were talking pvp