IBHK vs IVV
IBHK vs IVV
iShares iBonds 2031 Term High Yield and 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 | IBHK | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.03% | |
| AUM | $71M | $865.2B | |
| Dividend Yield | 6.47% | 1.09% | |
| Holdings | 283 | 508 | |
| YTD Return | -1.53% | +13.52% | |
| 1Y Return | +0.95% | +23.63% | |
| 3Y Return (annualized) | - | +21.26% | |
| 5Y Return (annualized) | - | +13.52% | |
| Volatility (annualized) | 4.0% | 15.1% | |
| Max Drawdown | -4.8% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | May 22, 2024 | May 15, 2000 |
IBHK vs IVV Performance
iShares iBonds 2031 Term High Yield and Income ETF (IBHK) 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 IBHK returned +0.95% while IVV returned +23.63%. Year to date, IBHK is down 1.53% versus a gain of 13.52% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 4.0% for IBHK. 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 -4.8% for IBHK 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 0.67. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IBHK charges 0.35% per year while IVV charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, IBHK currently yields 6.47% against 1.09% for IVV.
Holdings Overlap
IBHK and IVV share 1 holdings out of 690 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IBHK | Weight in IVV | Difference |
|---|---|---|---|
| XTSLA | 0.10% | 0.15% | 0.05% |
Frequently Asked Questions
Which is cheaper, IBHK or IVV?
IBHK has an expense ratio of 0.35% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, IBHK or IVV?
Over the past year IBHK returned +0.95% vs +23.63% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IBHK annualized +5.39% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, IBHK or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 4.0% for IBHK. Worst drawdown: IBHK -4.8% vs IVV -56.5%.
Should I hold both IBHK and IVV?
IBHK and IVV have a monthly-return correlation of 0.67, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IBHK and IVV?
IBHK and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 690 unique securities.
Which pays a higher dividend, IBHK or IVV?
IBHK yields 6.47% while IVV yields 1.09%, so IBHK currently pays the higher dividend yield.
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