IVV vs OMFS

Quick Verdict

IVV has a lower expense ratio. OMFS delivered stronger 1-year returns. OMFS offers more diversification with 909 holdings.

Lower Fees: IVVHigher Returns: OMFSMore Diversified: OMFS

Side-by-Side Comparison

MetricIVVOMFSWinner
Expense Ratio0.03%0.39%
AUM$865.2B$283M
Dividend Yield1.09%1.07%
Holdings5081,109
YTD Return+13.13%+19.02%
1Y Return+22.90%+31.66%
3Y Return (annualized)+21.08%+13.00%
5Y Return (annualized)+13.27%+7.09%
Volatility (annualized)15.1%21.3%
Max Drawdown-56.5%-42.5%
Fund FamilyiShares by BlackRock (US)Invesco (US)
CategoryEquityEquity
InceptionMay 15, 2000Nov 8, 2017

IVV vs OMFS Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) is a ETF from Invesco (US). Over the past year IVV returned +22.90% while OMFS returned +31.66%. Year to date, IVV is up 13.13% versus a gain of 19.02% for OMFS.

Over three years, IVV compounded at +21.08% per year against +13.00% for OMFS; over five years the annualized figures are +13.27% and +7.09% respectively. Across the full 9-year window we track, OMFS has the edge at +10.43% annualized vs +7.02%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

OMFS has been the more volatile fund, with annualized monthly volatility of 21.3% 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 -42.5% for OMFS. 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 0.82. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

IVV charges 0.03% per year while OMFS charges 0.39%. On a $10,000 position that is $3 vs $39 annually, a gap of $36 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.07% for OMFS.

Holdings Overlap

0.0%overlap

IVV and OMFS share 2 holdings out of 1412 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IVVWeight in OMFSDifference
NUVL0.62%0.01%0.61%
AOS0.01%0.01%0.00%

Frequently Asked Questions

Which is cheaper, IVV or OMFS?

IVV has an expense ratio of 0.03% while OMFS charges 0.39%. IVV is the cheaper option. On a $10,000 investment, that is $36 per year of difference.

Which performed better, IVV or OMFS?

Over the past year IVV returned +22.90% vs +31.66% for OMFS, so OMFS leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +7.02% vs +10.43% for OMFS. Past performance does not guarantee future results.

Which is riskier, IVV or OMFS?

OMFS has been the more volatile fund at 21.3% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs OMFS -42.5%.

Should I hold both IVV and OMFS?

IVV and OMFS have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and OMFS?

IVV and OMFS share 2 common holdings with a 0.0% weight overlap. Combined, they hold 1412 unique securities.

Which pays a higher dividend, IVV or OMFS?

IVV yields 1.09% while OMFS yields 1.07%, so IVV currently pays the higher dividend yield.

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