EMNT vs IVV

Quick Verdict

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

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricEMNTIVVWinner
Expense Ratio0.24%0.03%
AUM$212M$865.2B
Dividend Yield4.05%1.09%
Holdings225508
YTD Return+2.07%+13.31%
1Y Return+3.98%+24.00%
3Y Return (annualized)+5.05%+21.16%
5Y Return (annualized)+3.51%+13.34%
Volatility (annualized)1.2%15.1%
Max Drawdown-2.4%-56.5%
Fund FamilyPIMCO (US)iShares by BlackRock (US)
CategoryFixed IncomeEquity
InceptionDec 10, 2019May 15, 2000

EMNT vs IVV Performance

PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund (EMNT) is a ETF from PIMCO (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year EMNT returned +3.98% while IVV returned +24.00%. Year to date, EMNT is up 2.07% versus a gain of 13.31% for IVV.

Over three years, EMNT compounded at +5.05% per year against +21.16% for IVV; over five years the annualized figures are +3.51% and +13.34% respectively. Across the full 7-year window we track, IVV has the edge at +7.03% annualized vs +2.78%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 1.2% for EMNT. 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 -2.4% for EMNT 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

EMNT charges 0.24% per year while IVV charges 0.03%. On a $10,000 position that is $24 vs $3 annually, a gap of $21 per year that compounds over a long holding period. On income, EMNT currently yields 4.05% against 1.09% for IVV.

Holdings Overlap

0.0%overlap

EMNT and IVV share 0 holdings out of 625 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, EMNT or IVV?

EMNT has an expense ratio of 0.24% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $21 per year of difference.

Which performed better, EMNT or IVV?

Over the past year EMNT returned +3.98% vs +24.00% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (7 years), EMNT annualized +2.78% vs +7.03% for IVV. Past performance does not guarantee future results.

Which is riskier, EMNT or IVV?

IVV has been the more volatile fund at 15.1% annualized versus 1.2% for EMNT. Worst drawdown: EMNT -2.4% vs IVV -56.5%.

Should I hold both EMNT and IVV?

EMNT 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 EMNT and IVV?

EMNT and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 625 unique securities.

Which pays a higher dividend, EMNT or IVV?

EMNT yields 4.05% while IVV yields 1.09%, so EMNT currently pays the higher dividend yield.

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