IVV vs PRIV

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVPRIVWinner
Expense Ratio0.03%0.55%
AUM$865.2B$837M
Dividend Yield1.09%4.58%
Holdings508201
YTD Return+13.13%-0.28%
1Y Return+22.90%+2.51%
3Y Return (annualized)+21.08%-
5Y Return (annualized)+13.27%-
Volatility (annualized)15.1%3.1%
Max Drawdown-56.5%-2.8%
Fund FamilyiShares by BlackRock (US)SPDR State Street Global Advisors
CategoryEquityFixed Income
InceptionMay 15, 2000Feb 26, 2025

IVV vs PRIV Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and State Street IG Public & Private Credit ETF (PRIV) is a ETF from SPDR State Street Global Advisors. Over the past year IVV returned +22.90% while PRIV returned +2.51%. Year to date, IVV is up 13.13% versus a loss of 0.28% for PRIV.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 3.1% for PRIV. 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 -2.8% for PRIV. 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 0.38. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while PRIV charges 0.55%. On a $10,000 position that is $3 vs $55 annually, a gap of $52 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.58% for PRIV.

Holdings Overlap

0.0%overlap

IVV and PRIV share 0 holdings out of 664 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, IVV or PRIV?

IVV has an expense ratio of 0.03% while PRIV charges 0.55%. IVV is the cheaper option. On a $10,000 investment, that is $52 per year of difference.

Which performed better, IVV or PRIV?

Over the past year IVV returned +22.90% vs +2.51% for PRIV, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +7.02% vs +3.31% for PRIV. Past performance does not guarantee future results.

Which is riskier, IVV or PRIV?

IVV has been the more volatile fund at 15.1% annualized versus 3.1% for PRIV. Worst drawdown: IVV -56.5% vs PRIV -2.8%.

Should I hold both IVV and PRIV?

IVV and PRIV have a monthly-return correlation of 0.38, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and PRIV?

IVV and PRIV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 664 unique securities.

Which pays a higher dividend, IVV or PRIV?

IVV yields 1.09% while PRIV yields 4.58%, so PRIV currently pays the higher dividend yield.

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