EFV vs IVV
EFV vs IVV
iShares MSCI EAFE Value ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. EFV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | EFV | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.31% | 0.03% | |
| AUM | $28.3B | $865.2B | |
| Dividend Yield | 4.78% | 1.09% | |
| Holdings | 427 | 508 | |
| YTD Return | +14.00% | +13.80% | |
| 1Y Return | +28.97% | +23.70% | |
| 3Y Return (annualized) | +22.68% | +21.49% | |
| 5Y Return (annualized) | +14.03% | +13.43% | |
| Volatility (annualized) | 36.2% | 15.1% | |
| Max Drawdown | -74.5% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Aug 1, 2005 | May 15, 2000 |
EFV vs IVV Performance
iShares MSCI EAFE Value ETF (EFV) 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 EFV returned +28.97% while IVV returned +23.70%. Year to date, EFV is up 14.00% versus a gain of 13.80% for IVV.
Over three years, EFV compounded at +22.68% per year against +21.49% for IVV; over five years the annualized figures are +14.03% and +13.43% respectively. Across the full 21-year window we track, IVV has the edge at +7.05% annualized vs +6.33%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EFV has been the more volatile fund, with annualized monthly volatility of 36.2% 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 -74.5% for EFV 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 0.40. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EFV charges 0.31% per year while IVV charges 0.03%. On a $10,000 position that is $31 vs $3 annually, a gap of $28 per year that compounds over a long holding period. On income, EFV currently yields 4.78% against 1.09% for IVV.
Holdings Overlap
EFV and IVV share 3 holdings out of 901 unique holdings combined, representing a 0.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EFV or IVV?
EFV has an expense ratio of 0.31% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $28 per year of difference.
Which performed better, EFV or IVV?
Over the past year EFV returned +28.97% vs +23.70% for IVV, so EFV leads on 1-year performance. Over the longest common window we track (21 years), EFV annualized +6.33% vs +7.05% for IVV. Past performance does not guarantee future results.
Which is riskier, EFV or IVV?
EFV has been the more volatile fund at 36.2% annualized versus 15.1% for IVV. Worst drawdown: EFV -74.5% vs IVV -56.5%.
Should I hold both EFV and IVV?
EFV and IVV have a monthly-return correlation of 0.40, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EFV and IVV?
EFV and IVV share 3 common holdings with a 0.3% weight overlap. Combined, they hold 901 unique securities.
Which pays a higher dividend, EFV or IVV?
EFV yields 4.78% while IVV yields 1.09%, so EFV currently pays the higher dividend yield.
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