IGA vs IVV
IGA vs IVV
Voya Global Advantage and Premium Opportunity Fund 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 | IGA | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.97% | 0.03% | |
| AUM | $157M | $865.2B | |
| Dividend Yield | 9.62% | 1.09% | |
| Holdings | 516 | 508 | |
| YTD Return | +9.65% | +13.31% | |
| 1Y Return | +16.41% | +24.00% | |
| 3Y Return (annualized) | +18.12% | +21.16% | |
| 5Y Return (annualized) | +10.73% | +13.34% | |
| Volatility (annualized) | 16.0% | 15.1% | |
| Max Drawdown | -72.2% | -56.5% | |
| Fund Family | Voya Investment Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Oct 26, 2005 | May 15, 2000 |
IGA vs IVV Performance
Voya Global Advantage and Premium Opportunity Fund (IGA) is a ETF from Voya Investment Management and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year IGA returned +16.41% while IVV returned +24.00%. Year to date, IGA is up 9.65% versus a gain of 13.31% for IVV.
Over three years, IGA compounded at +18.12% per year against +21.16% for IVV; over five years the annualized figures are +10.73% and +13.34% respectively. Across the full 21-year window we track, IVV has the edge at +7.03% annualized vs -0.74%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IGA has been the more volatile fund, with annualized monthly volatility of 16.0% 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 -72.2% for IGA 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IGA charges 0.97% per year while IVV charges 0.03%. On a $10,000 position that is $97 vs $3 annually, a gap of $94 per year that compounds over a long holding period. On income, IGA currently yields 9.62% against 1.09% for IVV.
Holdings Overlap
IGA and IVV share 93 holdings out of 649 unique holdings combined, representing a 18.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IGA | Weight in IVV | Difference |
|---|---|---|---|
| NVDA | 0.09% | 7.76% | 7.67% |
| GOOGL | 3.14% | 3.15% | 0.01% |
| MSFT | 0.41% | 4.57% | 4.16% |
| META | Pro | Pro | Pro |
| JNJ | Pro | Pro | Pro |
| ABBV | Pro | Pro | Pro |
| PG | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| JPM | Pro | Pro | Pro |
See all 10 holdings IGA shares with IVV Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, IGA or IVV?
IGA has an expense ratio of 0.97% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $94 per year of difference.
Which performed better, IGA or IVV?
Over the past year IGA returned +16.41% vs +24.00% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (21 years), IGA annualized -0.74% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, IGA or IVV?
IGA has been the more volatile fund at 16.0% annualized versus 15.1% for IVV. Worst drawdown: IGA -72.2% vs IVV -56.5%.
Should I hold both IGA and IVV?
IGA and IVV have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IGA and IVV?
IGA and IVV share 93 common holdings with a 18.6% weight overlap. Combined, they hold 649 unique securities.
Which pays a higher dividend, IGA or IVV?
IGA yields 9.62% while IVV yields 1.09%, so IGA currently pays the higher dividend yield.
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