IVV vs MIG
IVV vs MIG
iShares Core S&P 500 ETF vs VanEck Moody's Analytics IG Corporate Bond 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 | MIG | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.20% | |
| AUM | $865.2B | $20M | |
| Dividend Yield | 1.09% | 4.76% | |
| Holdings | 508 | 356 | |
| YTD Return | +13.13% | -2.65% | |
| 1Y Return | +22.90% | -1.00% | |
| 3Y Return (annualized) | +21.08% | +4.50% | |
| 5Y Return (annualized) | +13.27% | -0.13% | |
| Volatility (annualized) | 15.1% | 7.2% | |
| Max Drawdown | -56.5% | -21.0% | |
| Fund Family | iShares by BlackRock (US) | VanEck | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Dec 1, 2020 |
IVV vs MIG Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and VanEck Moody's Analytics IG Corporate Bond ETF (MIG) is a ETF from VanEck. Over the past year IVV returned +22.90% while MIG returned -1.00%. Year to date, IVV is up 13.13% versus a loss of 2.65% for MIG.
Over three years, IVV compounded at +21.08% per year against +4.50% for MIG; over five years the annualized figures are +13.27% and -0.13% respectively. Across the full 6-year window we track, IVV has the edge at +7.02% annualized vs +0.23%. 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 7.2% for MIG. 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 -21.0% for MIG. 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 0.67. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while MIG charges 0.20%. On a $10,000 position that is $3 vs $20 annually, a gap of $17 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.76% for MIG.
Holdings Overlap
IVV and MIG share 12 holdings out of 803 unique holdings combined, representing a 2.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in MIG | Difference |
|---|---|---|---|
| AAPL | 7.44% | 0.52% | 6.92% |
| KO | 0.49% | 0.49% | 0.00% |
| MA | 0.67% | 0.26% | 0.41% |
| HD | Pro | Pro | Pro |
| ORCL | Pro | Pro | Pro |
| MO | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
| T | Pro | Pro | Pro |
| EQIX | Pro | Pro | Pro |
| WMB | Pro | Pro | Pro |
See all 10 holdings IVV shares with MIG 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 MIG?
IVV has an expense ratio of 0.03% while MIG charges 0.20%. IVV is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, IVV or MIG?
Over the past year IVV returned +22.90% vs -1.00% for MIG, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +7.02% vs +0.23% for MIG. Past performance does not guarantee future results.
Which is riskier, IVV or MIG?
IVV has been the more volatile fund at 15.1% annualized versus 7.2% for MIG. Worst drawdown: IVV -56.5% vs MIG -21.0%.
Should I hold both IVV and MIG?
IVV and MIG have a monthly-return correlation of 0.67, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and MIG?
IVV and MIG share 12 common holdings with a 2.8% weight overlap. Combined, they hold 803 unique securities.
Which pays a higher dividend, IVV or MIG?
IVV yields 1.09% while MIG yields 4.76%, so MIG currently pays the higher dividend yield.
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