IVV vs IYF
IVV vs IYF
iShares Core S&P 500 ETF vs iShares US Financials 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 | IYF | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.38% | |
| AUM | $865.2B | $4.6B | |
| Dividend Yield | 1.09% | 1.50% | |
| Holdings | 508 | 147 | |
| YTD Return | +13.52% | +6.57% | |
| 1Y Return | +23.63% | +14.98% | |
| 3Y Return (annualized) | +21.26% | +21.79% | |
| 5Y Return (annualized) | +13.52% | +12.63% | |
| Volatility (annualized) | 15.1% | 19.3% | |
| Max Drawdown | -56.5% | -80.2% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | May 22, 2000 |
IVV vs IYF Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and iShares US Financials ETF (IYF) is a ETF from iShares by BlackRock (US). Over the past year IVV returned +23.63% while IYF returned +14.98%. Year to date, IVV is up 13.52% versus a gain of 6.57% for IYF.
Over three years, IVV compounded at +21.26% per year against +21.79% for IYF; over five years the annualized figures are +13.52% and +12.63% respectively. Across the full 26-year window we track, IVV has the edge at +7.04% annualized vs +5.50%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IYF has been the more volatile fund, with annualized monthly volatility of 19.3% 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 -56.5% for IVV and -80.2% for IYF. 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 IYF charges 0.38%. On a $10,000 position that is $3 vs $38 annually, a gap of $35 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.50% for IYF.
Holdings Overlap
IVV and IYF share 62 holdings out of 586 unique holdings combined, representing a 8.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in IYF | Difference |
|---|---|---|---|
| JPM | 1.43% | 10.86% | 9.43% |
| BAC | 0.62% | 4.60% | 3.98% |
| GS | 0.50% | 3.88% | 3.38% |
| WFC | Pro | Pro | Pro |
| MS | Pro | Pro | Pro |
| C | Pro | Pro | Pro |
| SCHW | Pro | Pro | Pro |
| BLK | Pro | Pro | Pro |
| PGR | Pro | Pro | Pro |
| SPGI | Pro | Pro | Pro |
See all 10 holdings IVV shares with IYF 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 IYF?
IVV has an expense ratio of 0.03% while IYF charges 0.38%. IVV is the cheaper option. On a $10,000 investment, that is $35 per year of difference.
Which performed better, IVV or IYF?
Over the past year IVV returned +23.63% vs +14.98% for IYF, so IVV leads on 1-year performance. Over the longest common window we track (26 years), IVV annualized +7.04% vs +5.50% for IYF. Past performance does not guarantee future results.
Which is riskier, IVV or IYF?
IYF has been the more volatile fund at 19.3% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs IYF -80.2%.
Should I hold both IVV and IYF?
IVV and IYF 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 IYF?
IVV and IYF share 62 common holdings with a 8.5% weight overlap. Combined, they hold 586 unique securities.
Which pays a higher dividend, IVV or IYF?
IVV yields 1.09% while IYF yields 1.50%, so IYF currently pays the higher dividend yield.
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