IVV vs RAA
IVV vs RAA
iShares Core S&P 500 ETF vs SMI 3Fourteen REAL Asset Allocation 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 | RAA | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.85% | |
| AUM | $865.2B | $594M | |
| Dividend Yield | 1.09% | 2.13% | |
| Holdings | 508 | 182 | |
| YTD Return | +13.31% | +8.38% | |
| 1Y Return | +24.00% | +17.08% | |
| 3Y Return (annualized) | +21.16% | +14.64% | |
| 5Y Return (annualized) | +13.34% | +14.64% | |
| Volatility (annualized) | 15.1% | 23.4% | |
| Max Drawdown | -56.5% | -53.8% | |
| Fund Family | iShares by BlackRock (US) | 3FourteenSMI | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Feb 26, 2025 |
IVV vs RAA Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and SMI 3Fourteen REAL Asset Allocation ETF (RAA) is a ETF from 3FourteenSMI. Over the past year IVV returned +24.00% while RAA returned +17.08%. Year to date, IVV is up 13.31% versus a gain of 8.38% for RAA.
Over three years, IVV compounded at +21.16% per year against +14.64% for RAA; over five years the annualized figures are +13.34% and +14.64% respectively. Across the full 26-year window we track, RAA has the edge at +7.22% annualized vs +7.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RAA has been the more volatile fund, with annualized monthly volatility of 23.4% 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 -53.8% for RAA. 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 0.03. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while RAA charges 0.85%. On a $10,000 position that is $3 vs $85 annually, a gap of $82 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 2.13% for RAA.
Holdings Overlap
IVV and RAA share 135 holdings out of 550 unique holdings combined, representing a 21.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in RAA | Difference |
|---|---|---|---|
| NVDA | 7.76% | 1.61% | 6.15% |
| AAPL | 7.44% | 1.39% | 6.05% |
| MSFT | 4.57% | 1.04% | 3.53% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
See all 10 holdings IVV shares with RAA 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 RAA?
IVV has an expense ratio of 0.03% while RAA charges 0.85%. IVV is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, IVV or RAA?
Over the past year IVV returned +24.00% vs +17.08% for RAA, so IVV leads on 1-year performance. Over the longest common window we track (26 years), IVV annualized +7.03% vs +7.22% for RAA. Past performance does not guarantee future results.
Which is riskier, IVV or RAA?
RAA has been the more volatile fund at 23.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs RAA -53.8%.
Should I hold both IVV and RAA?
IVV and RAA have a monthly-return correlation of 0.03, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and RAA?
IVV and RAA share 135 common holdings with a 21.8% weight overlap. Combined, they hold 550 unique securities.
Which pays a higher dividend, IVV or RAA?
IVV yields 1.09% while RAA yields 2.13%, so RAA currently pays the higher dividend yield.
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