IEMG vs IVV
IEMG vs IVV
iShares Core MSCI Emerging Markets ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IEMG delivered stronger 1-year returns. IEMG offers more diversification with 1154 holdings.
Side-by-Side Comparison
| Metric | IEMG | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.03% | |
| AUM | $149.8B | $865.2B | |
| Dividend Yield | 2.17% | 1.09% | |
| Holdings | 2,869 | 508 | |
| YTD Return | +16.86% | +13.80% | |
| 1Y Return | +33.41% | +23.70% | |
| 3Y Return (annualized) | +20.05% | +21.49% | |
| 5Y Return (annualized) | +7.50% | +13.43% | |
| Volatility (annualized) | 16.4% | 15.1% | |
| Max Drawdown | -42.2% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Oct 18, 2012 | May 15, 2000 |
IEMG vs IVV Performance
iShares Core MSCI Emerging Markets ETF (IEMG) 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 IEMG returned +33.41% while IVV returned +23.70%. Year to date, IEMG is up 16.86% versus a gain of 13.80% for IVV.
Over three years, IEMG compounded at +20.05% per year against +21.49% for IVV; over five years the annualized figures are +7.50% and +13.43% respectively. Across the full 14-year window we track, IVV has the edge at +7.05% annualized vs +4.66%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IEMG has been the more volatile fund, with annualized monthly volatility of 16.4% 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 -42.2% for IEMG 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IEMG charges 0.09% per year while IVV charges 0.03%. On a $10,000 position that is $9 vs $3 annually, a gap of $6 per year that compounds over a long holding period. On income, IEMG currently yields 2.17% against 1.09% for IVV.
Holdings Overlap
IEMG and IVV share 1 holdings out of 1658 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 IEMG | Weight in IVV | Difference |
|---|---|---|---|
| XTSLA | 0.37% | 0.15% | 0.22% |
Frequently Asked Questions
Which is cheaper, IEMG or IVV?
IEMG has an expense ratio of 0.09% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, IEMG or IVV?
Over the past year IEMG returned +33.41% vs +23.70% for IVV, so IEMG leads on 1-year performance. Over the longest common window we track (14 years), IEMG annualized +4.66% vs +7.05% for IVV. Past performance does not guarantee future results.
Which is riskier, IEMG or IVV?
IEMG has been the more volatile fund at 16.4% annualized versus 15.1% for IVV. Worst drawdown: IEMG -42.2% vs IVV -56.5%.
Should I hold both IEMG and IVV?
IEMG and IVV have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IEMG and IVV?
IEMG and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 1658 unique securities.
Which pays a higher dividend, IEMG or IVV?
IEMG yields 2.17% while IVV yields 1.09%, so IEMG currently pays the higher dividend yield.
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