DMXF vs IVV

Quick Verdict

IVV has a lower expense ratio. DMXF delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: DMXFMore Diversified: IVV

Side-by-Side Comparison

MetricDMXFIVVWinner
Expense Ratio0.12%0.03%
AUM$979M$865.2B
Dividend Yield4.18%1.09%
Holdings422508
YTD Return+14.65%+13.31%
1Y Return+24.28%+24.00%
3Y Return (annualized)+17.72%+21.16%
5Y Return (annualized)+8.30%+13.34%
Volatility (annualized)16.0%15.1%
Max Drawdown-34.5%-56.5%
Fund FamilyiShares by BlackRock (US)iShares by BlackRock (US)
CategoryEquityEquity
InceptionJun 16, 2020May 15, 2000

DMXF vs IVV Performance

iShares ESG Advanced MSCI EAFE ETF (DMXF) is a ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year DMXF returned +24.28% while IVV returned +24.00%. Year to date, DMXF is up 14.65% versus a gain of 13.31% for IVV.

Over three years, DMXF compounded at +17.72% per year against +21.16% for IVV; over five years the annualized figures are +8.30% and +13.34% respectively. Across the full 6-year window we track, DMXF has the edge at +12.30% annualized vs +7.03%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

DMXF has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -34.5% for DMXF and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

DMXF charges 0.12% per year while IVV charges 0.03%. On a $10,000 position that is $12 vs $3 annually, a gap of $9 per year that compounds over a long holding period. On income, DMXF currently yields 4.18% against 1.09% for IVV.

Holdings Overlap

0.2%overlap

DMXF and IVV share 2 holdings out of 899 unique holdings combined, representing a 0.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in DMXFWeight in IVVDifference
MRK0.19%0.48%0.29%
XTSLA0.03%0.15%0.12%

Frequently Asked Questions

Which is cheaper, DMXF or IVV?

DMXF has an expense ratio of 0.12% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $9 per year of difference.

Which performed better, DMXF or IVV?

Over the past year DMXF returned +24.28% vs +24.00% for IVV, so DMXF leads on 1-year performance. Over the longest common window we track (6 years), DMXF annualized +12.30% vs +7.03% for IVV. Past performance does not guarantee future results.

Which is riskier, DMXF or IVV?

DMXF has been the more volatile fund at 16.0% annualized versus 15.1% for IVV. Worst drawdown: DMXF -34.5% vs IVV -56.5%.

Should I hold both DMXF and IVV?

DMXF and IVV have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between DMXF and IVV?

DMXF and IVV share 2 common holdings with a 0.2% weight overlap. Combined, they hold 899 unique securities.

Which pays a higher dividend, DMXF or IVV?

DMXF yields 4.18% while IVV yields 1.09%, so DMXF currently pays the higher dividend yield.

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