EMTL vs IVV
EMTL vs IVV
State Street DoubleLine Emerging Markets Fixed Income ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | EMTL | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.03% | |
| AUM | $67M | $865.2B | |
| Dividend Yield | 4.95% | 1.09% | |
| Holdings | 119 | 508 | |
| YTD Return | -1.71% | +13.31% | |
| 1Y Return | +1.23% | +24.00% | |
| 3Y Return (annualized) | +5.65% | +21.16% | |
| 5Y Return (annualized) | +1.03% | +13.34% | |
| Volatility (annualized) | 7.1% | 15.1% | |
| Max Drawdown | -22.9% | -56.5% | |
| Fund Family | State Street Investment Management | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Apr 13, 2016 | May 15, 2000 |
EMTL vs IVV Performance
State Street DoubleLine Emerging Markets Fixed Income ETF (EMTL) is a ETF from State Street Investment Management and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year EMTL returned +1.23% while IVV returned +24.00%. Year to date, EMTL is down 1.71% versus a gain of 13.31% for IVV.
Over three years, EMTL compounded at +5.65% per year against +21.16% for IVV; over five years the annualized figures are +1.03% and +13.34% respectively. Across the full 10-year window we track, IVV has the edge at +7.03% annualized vs +3.11%. 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 7.1% for EMTL. 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 -22.9% for EMTL 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 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EMTL charges 0.65% per year while IVV charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, EMTL currently yields 4.95% against 1.09% for IVV.
Holdings Overlap
EMTL and IVV share 0 holdings out of 619 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, EMTL or IVV?
EMTL has an expense ratio of 0.65% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, EMTL or IVV?
Over the past year EMTL returned +1.23% vs +24.00% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (10 years), EMTL annualized +3.11% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, EMTL or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 7.1% for EMTL. Worst drawdown: EMTL -22.9% vs IVV -56.5%.
Should I hold both EMTL and IVV?
EMTL and IVV have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EMTL and IVV?
EMTL and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 619 unique securities.
Which pays a higher dividend, EMTL or IVV?
EMTL yields 4.95% while IVV yields 1.09%, so EMTL currently pays the higher dividend yield.
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