IVV vs TAXX
IVV vs TAXX
iShares Core S&P 500 ETF vs BondBloxx IR+M Tax-Aware Short Duration 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 | TAXX | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.35% | |
| AUM | $865.2B | $297M | |
| Dividend Yield | 1.09% | 3.51% | |
| Holdings | 508 | 326 | |
| YTD Return | +13.80% | +1.02% | |
| 1Y Return | +23.70% | +2.72% | |
| 3Y Return (annualized) | +21.49% | - | |
| 5Y Return (annualized) | +13.43% | - | |
| Volatility (annualized) | 15.1% | 1.4% | |
| Max Drawdown | -56.5% | -0.9% | |
| Fund Family | iShares by BlackRock (US) | BondBloxx | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Mar 14, 2024 |
IVV vs TAXX Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and BondBloxx IR+M Tax-Aware Short Duration ETF (TAXX) is a ETF from BondBloxx. Over the past year IVV returned +23.70% while TAXX returned +2.72%. Year to date, IVV is up 13.80% versus a gain of 1.02% for TAXX.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 1.4% for TAXX. 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 -0.9% for TAXX. 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 0.49. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while TAXX charges 0.35%. On a $10,000 position that is $3 vs $35 annually, a gap of $32 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 3.51% for TAXX.
Holdings Overlap
IVV and TAXX share 0 holdings out of 641 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 TAXX?
IVV has an expense ratio of 0.03% while TAXX charges 0.35%. IVV is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, IVV or TAXX?
Over the past year IVV returned +23.70% vs +2.72% for TAXX, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.05% vs +3.79% for TAXX. Past performance does not guarantee future results.
Which is riskier, IVV or TAXX?
IVV has been the more volatile fund at 15.1% annualized versus 1.4% for TAXX. Worst drawdown: IVV -56.5% vs TAXX -0.9%.
Should I hold both IVV and TAXX?
IVV and TAXX have a monthly-return correlation of 0.49, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and TAXX?
IVV and TAXX share 0 common holdings with a 0.0% weight overlap. Combined, they hold 641 unique securities.
Which pays a higher dividend, IVV or TAXX?
IVV yields 1.09% while TAXX yields 3.51%, so TAXX 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.