IVV vs REVS

Quick Verdict

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

Lower Fees: IVVHigher Returns: REVSMore Diversified: IVV

Side-by-Side Comparison

MetricIVVREVSWinner
Expense Ratio0.03%0.19%
AUM$865.2B$321M
Dividend Yield1.09%1.91%
Holdings508310
YTD Return+13.13%+18.25%
1Y Return+22.90%+29.05%
3Y Return (annualized)+21.08%+18.77%
5Y Return (annualized)+13.27%+12.60%
Volatility (annualized)15.1%16.6%
Max Drawdown-56.5%-37.9%
Fund FamilyiShares by BlackRock (US)Columbia Threadneedle Investments
CategoryEquityEquity
InceptionMay 15, 2000Sep 25, 2019

IVV vs REVS Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Columbia Research Enhanced Value ETF (REVS) is a ETF from Columbia Threadneedle Investments. Over the past year IVV returned +22.90% while REVS returned +29.05%. Year to date, IVV is up 13.13% versus a gain of 18.25% for REVS.

Over three years, IVV compounded at +21.08% per year against +18.77% for REVS; over five years the annualized figures are +13.27% and +12.60% respectively. Across the full 7-year window we track, REVS has the edge at +13.65% annualized vs +7.02%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

REVS has been the more volatile fund, with annualized monthly volatility of 16.6% 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 -37.9% for REVS. 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 0.89. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

IVV charges 0.03% per year while REVS charges 0.19%. On a $10,000 position that is $3 vs $19 annually, a gap of $16 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.91% for REVS.

Holdings Overlap

18.9%overlap

IVV and REVS share 148 holdings out of 657 unique holdings combined, representing a 18.9% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IVVWeight in REVSDifference
GOOG2.53%3.25%0.72%
XOM0.97%3.48%2.51%
PG0.53%3.30%2.77%
CSCOProProPro
WFCProProPro
AMDProProPro
METAProProPro
CProProPro
CVXProProPro
PFEProProPro
See all 10 holdings IVV shares with REVS
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, IVV or REVS?

IVV has an expense ratio of 0.03% while REVS charges 0.19%. IVV is the cheaper option. On a $10,000 investment, that is $16 per year of difference.

Which performed better, IVV or REVS?

Over the past year IVV returned +22.90% vs +29.05% for REVS, so REVS leads on 1-year performance. Over the longest common window we track (7 years), IVV annualized +7.02% vs +13.65% for REVS. Past performance does not guarantee future results.

Which is riskier, IVV or REVS?

REVS has been the more volatile fund at 16.6% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs REVS -37.9%.

Should I hold both IVV and REVS?

IVV and REVS have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and REVS?

IVV and REVS share 148 common holdings with a 18.9% weight overlap. Combined, they hold 657 unique securities.

Which pays a higher dividend, IVV or REVS?

IVV yields 1.09% while REVS yields 1.91%, so REVS currently pays the higher dividend yield.

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