HYDW vs IVV
HYDW vs IVV
Xtrackers Low Beta High Yield Bond ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. HYDW offers more diversification with 516 holdings.
Side-by-Side Comparison
| Metric | HYDW | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.03% | |
| AUM | $67M | $865.2B | |
| Dividend Yield | 5.73% | 1.09% | |
| Holdings | 586 | 508 | |
| YTD Return | +1.30% | +13.31% | |
| 1Y Return | +4.24% | +24.00% | |
| 3Y Return (annualized) | +6.93% | +21.16% | |
| 5Y Return (annualized) | +3.40% | +13.34% | |
| Volatility (annualized) | 6.6% | 15.1% | |
| Max Drawdown | -18.1% | -56.5% | |
| Fund Family | Xtrackers ETFs | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jan 11, 2018 | May 15, 2000 |
HYDW vs IVV Performance
Xtrackers Low Beta High Yield Bond ETF (HYDW) is a ETF from Xtrackers ETFs and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year HYDW returned +4.24% while IVV returned +24.00%. Year to date, HYDW is up 1.30% versus a gain of 13.31% for IVV.
Over three years, HYDW compounded at +6.93% per year against +21.16% for IVV; over five years the annualized figures are +3.40% and +13.34% respectively. Across the full 9-year window we track, IVV has the edge at +7.03% annualized vs +2.35%. 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 6.6% for HYDW. 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 -18.1% for HYDW 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HYDW charges 0.20% per year while IVV charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, HYDW currently yields 5.73% against 1.09% for IVV.
Holdings Overlap
HYDW and IVV share 0 holdings out of 1021 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, HYDW or IVV?
HYDW has an expense ratio of 0.20% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, HYDW or IVV?
Over the past year HYDW returned +4.24% vs +24.00% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (9 years), HYDW annualized +2.35% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, HYDW or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 6.6% for HYDW. Worst drawdown: HYDW -18.1% vs IVV -56.5%.
Should I hold both HYDW and IVV?
HYDW and IVV have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HYDW and IVV?
HYDW and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1021 unique securities.
Which pays a higher dividend, HYDW or IVV?
HYDW yields 5.73% while IVV yields 1.09%, so HYDW currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.