IVV vs IVVW
IVV vs IVVW
iShares Core S&P 500 ETF vs iShares S&P 500 BuyWrite 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 | IVV | IVVW | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.25% | |
| AUM | $865.2B | $325M | |
| Dividend Yield | 1.09% | 17.58% | |
| Holdings | 508 | 4 | |
| YTD Return | +9.93% | -1.78% | |
| 1Y Return | +19.59% | +6.29% | |
| 3Y Return (annualized) | +19.41% | - | |
| 5Y Return (annualized) | +12.89% | - | |
| Volatility (annualized) | 15.1% | 7.6% | |
| Max Drawdown | -56.5% | -16.8% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Mar 14, 2024 |
IVV vs IVVW Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and iShares S&P 500 BuyWrite ETF (IVVW) is a ETF from iShares by BlackRock (US). Over the past year IVV returned +19.59% while IVVW returned +6.29%. Year to date, IVV is up 9.93% versus a loss of 1.78% for IVVW.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 7.6% for IVVW. 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 -56.5% for IVV and -16.8% for IVVW. 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while IVVW charges 0.25%. On a $10,000 position that is $3 vs $25 annually, a gap of $22 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 17.58% for IVVW.
Holdings Overlap
IVV and IVVW share 453 holdings out of 547 unique holdings combined, representing a 89.7% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in IVV | Weight in IVVW | Difference |
|---|---|---|---|
| NVDA | 7.76% | 7.57% | 0.19% |
| AAPL | 7.44% | 7.16% | 0.28% |
| MSFT | 4.57% | 4.40% | 0.17% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
See all 10 holdings IVV shares with IVVW 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, IVV or IVVW?
IVV has an expense ratio of 0.03% while IVVW charges 0.25%. IVV is the cheaper option. On a $10,000 investment, that is $22 per year of difference.
Which performed better, IVV or IVVW?
Over the past year IVV returned +19.59% vs +6.29% for IVVW, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +6.91% vs +8.79% for IVVW. Past performance does not guarantee future results.
Which is riskier, IVV or IVVW?
IVV has been the more volatile fund at 15.1% annualized versus 7.6% for IVVW. Worst drawdown: IVV -56.5% vs IVVW -16.8%.
Should I hold both IVV and IVVW?
IVV and IVVW have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and IVVW?
IVV and IVVW share 453 common holdings with a 89.7% weight overlap. Combined, they hold 547 unique securities.
Which pays a higher dividend, IVV or IVVW?
IVV yields 1.09% while IVVW yields 17.58%, so IVVW currently pays the higher dividend yield.
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