IVV vs IYLD
IVV vs IYLD
iShares Core S&P 500 ETF vs iShares Morningstar Multi-Asset Income ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IYLD offers more diversification with 771 holdings.
Side-by-Side Comparison
| Metric | IVV | IYLD | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.50% | |
| AUM | $865.2B | $125M | |
| Dividend Yield | 1.09% | 4.60% | |
| Holdings | 508 | 19,236 | |
| YTD Return | +11.54% | +3.30% | |
| 1Y Return | +21.48% | +9.60% | |
| 3Y Return (annualized) | +20.86% | +8.97% | |
| 5Y Return (annualized) | +13.02% | +2.51% | |
| Volatility (annualized) | 15.1% | 9.3% | |
| Max Drawdown | -56.5% | -30.2% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Allocation/Balanced | |
| Inception | May 15, 2000 | Apr 3, 2012 |
IVV vs IYLD Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and iShares Morningstar Multi-Asset Income ETF (IYLD) is a ETF from iShares by BlackRock (US). Over the past year IVV returned +21.48% while IYLD returned +9.60%. Year to date, IVV is up 11.54% versus a gain of 3.30% for IYLD.
Over three years, IVV compounded at +20.86% per year against +8.97% for IYLD; over five years the annualized figures are +13.02% and +2.51% respectively. Across the full 14-year window we track, IVV has the edge at +6.97% annualized vs +3.99%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 9.3% for IYLD. 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 -30.2% for IYLD. 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while IYLD charges 0.50%. On a $10,000 position that is $3 vs $50 annually, a gap of $47 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.60% for IYLD.
Holdings Overlap
IVV and IYLD share 26 holdings out of 1250 unique holdings combined, representing a 1.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in IYLD | Difference |
|---|---|---|---|
| WELL | 0.27% | 0.45% | 0.18% |
| XTSLA | 0.15% | 0.50% | 0.35% |
| PLD | 0.22% | 0.36% | 0.14% |
| EQIX | Pro | Pro | Pro |
| SPG | Pro | Pro | Pro |
| DLR | Pro | Pro | Pro |
| O | Pro | Pro | Pro |
| PSA | Pro | Pro | Pro |
| VTR | Pro | Pro | Pro |
| IRM | Pro | Pro | Pro |
See all 10 holdings IVV shares with IYLD 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 IYLD?
IVV has an expense ratio of 0.03% while IYLD charges 0.50%. IVV is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, IVV or IYLD?
Over the past year IVV returned +21.48% vs +9.60% for IYLD, so IVV leads on 1-year performance. Over the longest common window we track (14 years), IVV annualized +6.97% vs +3.99% for IYLD. Past performance does not guarantee future results.
Which is riskier, IVV or IYLD?
IVV has been the more volatile fund at 15.1% annualized versus 9.3% for IYLD. Worst drawdown: IVV -56.5% vs IYLD -30.2%.
Should I hold both IVV and IYLD?
IVV and IYLD have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and IYLD?
IVV and IYLD share 26 common holdings with a 1.8% weight overlap. Combined, they hold 1250 unique securities.
Which pays a higher dividend, IVV or IYLD?
IVV yields 1.09% while IYLD yields 4.60%, so IYLD currently pays the higher dividend yield.
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