IVV vs SHYL
IVV vs SHYL
iShares Core S&P 500 ETF vs Xtrackers Short Duration High Yield Bond ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. SHYL offers more diversification with 737 holdings.
Side-by-Side Comparison
| Metric | IVV | SHYL | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.20% | |
| AUM | $865.2B | $271M | |
| Dividend Yield | 1.09% | 6.91% | |
| Holdings | 508 | 838 | |
| YTD Return | +13.52% | +1.35% | |
| 1Y Return | +23.63% | +4.14% | |
| 3Y Return (annualized) | +21.26% | +7.82% | |
| 5Y Return (annualized) | +13.52% | +4.87% | |
| Volatility (annualized) | 15.1% | 6.4% | |
| Max Drawdown | -56.5% | -21.6% | |
| Fund Family | iShares by BlackRock (US) | Xtrackers ETFs | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Jan 9, 2018 |
IVV vs SHYL Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Xtrackers Short Duration High Yield Bond ETF (SHYL) is a ETF from Xtrackers ETFs. Over the past year IVV returned +23.63% while SHYL returned +4.14%. Year to date, IVV is up 13.52% versus a gain of 1.35% for SHYL.
Over three years, IVV compounded at +21.26% per year against +7.82% for SHYL; over five years the annualized figures are +13.52% and +4.87% respectively. Across the full 9-year window we track, IVV has the edge at +7.04% annualized vs +2.53%. 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 6.4% for SHYL. 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 -21.6% for SHYL. 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while SHYL 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 6.91% for SHYL.
Holdings Overlap
IVV and SHYL share 0 holdings out of 1242 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 SHYL?
IVV has an expense ratio of 0.03% while SHYL 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 SHYL?
Over the past year IVV returned +23.63% vs +4.14% for SHYL, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +7.04% vs +2.53% for SHYL. Past performance does not guarantee future results.
Which is riskier, IVV or SHYL?
IVV has been the more volatile fund at 15.1% annualized versus 6.4% for SHYL. Worst drawdown: IVV -56.5% vs SHYL -21.6%.
Should I hold both IVV and SHYL?
IVV and SHYL have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SHYL?
IVV and SHYL share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1242 unique securities.
Which pays a higher dividend, IVV or SHYL?
IVV yields 1.09% while SHYL yields 6.91%, so SHYL currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.