IVV vs TGRT
IVV vs TGRT
iShares Core S&P 500 ETF vs T. Rowe Price Growth 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 | TGRT | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.38% | |
| AUM | $865.2B | $1.5B | |
| Dividend Yield | 1.09% | 0.07% | |
| Holdings | 508 | 347 | |
| YTD Return | +13.13% | +5.90% | |
| 1Y Return | +22.90% | +12.27% | |
| 3Y Return (annualized) | +21.08% | +21.69% | |
| 5Y Return (annualized) | +13.27% | - | |
| Volatility (annualized) | 15.1% | 16.3% | |
| Max Drawdown | -56.5% | -22.0% | |
| Fund Family | iShares by BlackRock (US) | T.Rowe Price | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jun 14, 2023 |
IVV vs TGRT Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and T. Rowe Price Growth ETF (TGRT) is a ETF from T.Rowe Price. Over the past year IVV returned +22.90% while TGRT returned +12.27%. Year to date, IVV is up 13.13% versus a gain of 5.90% for TGRT.
Over three years, IVV compounded at +21.08% per year against +21.69% for TGRT. Across the full 3-year window we track, TGRT has the edge at +21.56% annualized vs +7.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TGRT has been the more volatile fund, with annualized monthly volatility of 16.3% 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 -22.0% for TGRT. 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while TGRT charges 0.38%. On a $10,000 position that is $3 vs $38 annually, a gap of $35 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.07% for TGRT.
Holdings Overlap
IVV and TGRT share 1 holdings out of 666 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in TGRT | Difference |
|---|---|---|---|
| VST | 0.08% | 0.04% | 0.04% |
Frequently Asked Questions
Which is cheaper, IVV or TGRT?
IVV has an expense ratio of 0.03% while TGRT charges 0.38%. IVV is the cheaper option. On a $10,000 investment, that is $35 per year of difference.
Which performed better, IVV or TGRT?
Over the past year IVV returned +22.90% vs +12.27% for TGRT, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.02% vs +21.56% for TGRT. Past performance does not guarantee future results.
Which is riskier, IVV or TGRT?
TGRT has been the more volatile fund at 16.3% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs TGRT -22.0%.
Should I hold both IVV and TGRT?
IVV and TGRT have a monthly-return correlation of 0.94, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and TGRT?
IVV and TGRT share 1 common holdings with a 0.0% weight overlap. Combined, they hold 666 unique securities.
Which pays a higher dividend, IVV or TGRT?
IVV yields 1.09% while TGRT yields 0.07%, so IVV 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.