IVV vs TBUX
IVV vs TBUX
iShares Core S&P 500 ETF vs T Rowe Price Ultra Short-Term Bond 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 | TBUX | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.17% | |
| AUM | $865.2B | $1.3B | |
| Dividend Yield | 1.09% | 4.49% | |
| Holdings | 508 | 622 | |
| YTD Return | +11.54% | +2.36% | |
| 1Y Return | +21.48% | +4.45% | |
| 3Y Return (annualized) | +20.86% | +5.54% | |
| 5Y Return (annualized) | +13.02% | - | |
| Volatility (annualized) | 15.1% | 1.1% | |
| Max Drawdown | -56.5% | -1.8% | |
| Fund Family | iShares by BlackRock (US) | T.Rowe Price | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Sep 28, 2021 |
IVV vs TBUX Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and T Rowe Price Ultra Short-Term Bond ETF (TBUX) is a ETF from T.Rowe Price. Over the past year IVV returned +21.48% while TBUX returned +4.45%. Year to date, IVV is up 11.54% versus a gain of 2.36% for TBUX.
Over three years, IVV compounded at +20.86% per year against +5.54% for TBUX. Across the full 5-year window we track, IVV has the edge at +6.97% annualized vs +4.03%. 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 1.1% for TBUX. 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 -1.8% for TBUX. 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 0.43. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while TBUX charges 0.17%. On a $10,000 position that is $3 vs $17 annually, a gap of $14 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.49% for TBUX.
Holdings Overlap
IVV and TBUX share 0 holdings out of 867 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 TBUX?
IVV has an expense ratio of 0.03% while TBUX charges 0.17%. IVV is the cheaper option. On a $10,000 investment, that is $14 per year of difference.
Which performed better, IVV or TBUX?
Over the past year IVV returned +21.48% vs +4.45% for TBUX, so IVV leads on 1-year performance. Over the longest common window we track (5 years), IVV annualized +6.97% vs +4.03% for TBUX. Past performance does not guarantee future results.
Which is riskier, IVV or TBUX?
IVV has been the more volatile fund at 15.1% annualized versus 1.1% for TBUX. Worst drawdown: IVV -56.5% vs TBUX -1.8%.
Should I hold both IVV and TBUX?
IVV and TBUX have a monthly-return correlation of 0.43, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and TBUX?
IVV and TBUX share 0 common holdings with a 0.0% weight overlap. Combined, they hold 867 unique securities.
Which pays a higher dividend, IVV or TBUX?
IVV yields 1.09% while TBUX yields 4.49%, so TBUX currently pays the higher dividend yield.
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