IVV vs TEQI
IVV vs TEQI
iShares Core S&P 500 ETF vs T. Rowe Price Equity Income ETF
Quick Verdict
IVV has a lower expense ratio. TEQI delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | TEQI | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.54% | |
| AUM | $865.2B | $455M | |
| Dividend Yield | 1.09% | 1.54% | |
| Holdings | 508 | 118 | |
| YTD Return | +13.13% | +16.66% | |
| 1Y Return | +22.90% | +27.37% | |
| 3Y Return (annualized) | +21.08% | +16.06% | |
| 5Y Return (annualized) | +13.27% | +11.03% | |
| Volatility (annualized) | 15.1% | 15.6% | |
| Max Drawdown | -56.5% | -17.8% | |
| Fund Family | iShares by BlackRock (US) | T.Rowe Price | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Aug 4, 2020 |
IVV vs TEQI Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and T. Rowe Price Equity Income ETF (TEQI) is a ETF from T.Rowe Price. Over the past year IVV returned +22.90% while TEQI returned +27.37%. Year to date, IVV is up 13.13% versus a gain of 16.66% for TEQI.
Over three years, IVV compounded at +21.08% per year against +16.06% for TEQI; over five years the annualized figures are +13.27% and +11.03% respectively. Across the full 6-year window we track, TEQI has the edge at +15.28% annualized vs +7.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TEQI has been the more volatile fund, with annualized monthly volatility of 15.6% 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 -17.8% for TEQI. 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while TEQI charges 0.54%. On a $10,000 position that is $3 vs $54 annually, a gap of $51 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.54% for TEQI.
Holdings Overlap
IVV and TEQI share 96 holdings out of 526 unique holdings combined, representing a 23.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in TEQI | Difference |
|---|---|---|---|
| MSFT | 4.57% | 0.95% | 3.62% |
| AMZN | 3.75% | 1.32% | 2.43% |
| GOOG | 2.53% | 1.76% | 0.77% |
| JPM:US | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| XOM | Pro | Pro | Pro |
| SO | Pro | Pro | Pro |
| NXPI | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| COP | Pro | Pro | Pro |
See all 10 holdings IVV shares with TEQI 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 TEQI?
IVV has an expense ratio of 0.03% while TEQI charges 0.54%. IVV is the cheaper option. On a $10,000 investment, that is $51 per year of difference.
Which performed better, IVV or TEQI?
Over the past year IVV returned +22.90% vs +27.37% for TEQI, so TEQI leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +7.02% vs +15.28% for TEQI. Past performance does not guarantee future results.
Which is riskier, IVV or TEQI?
TEQI has been the more volatile fund at 15.6% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs TEQI -17.8%.
Should I hold both IVV and TEQI?
IVV and TEQI have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and TEQI?
IVV and TEQI share 96 common holdings with a 23.4% weight overlap. Combined, they hold 526 unique securities.
Which pays a higher dividend, IVV or TEQI?
IVV yields 1.09% while TEQI yields 1.54%, so TEQI 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.