IVV vs UBND

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. UBND offers more diversification with 821 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: UBND

Side-by-Side Comparison

MetricIVVUBNDWinner
Expense Ratio0.03%0.40%
AUM$865.2B$2.0B
Dividend Yield1.09%4.74%
Holdings5081,425
YTD Return+11.54%-0.08%
1Y Return+21.48%+2.50%
3Y Return (annualized)+20.86%+4.94%
5Y Return (annualized)+13.02%-
Volatility (annualized)15.1%6.4%
Max Drawdown-56.5%-16.4%
Fund FamilyiShares by BlackRock (US)Victory Capital Management Inc.
CategoryEquityFixed Income
InceptionMay 15, 2000Oct 4, 2021

IVV vs UBND Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and VictoryShares Core Plus Bond ETF (UBND) is a ETF from Victory Capital Management Inc.. Over the past year IVV returned +21.48% while UBND returned +2.50%. Year to date, IVV is up 11.54% versus a loss of 0.08% for UBND.

Over three years, IVV compounded at +20.86% per year against +4.94% for UBND. Across the full 5-year window we track, IVV has the edge at +6.97% annualized vs +0.81%. 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 UBND. 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 -16.4% for UBND. 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while UBND charges 0.40%. On a $10,000 position that is $3 vs $40 annually, a gap of $37 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.74% for UBND.

Holdings Overlap

0.0%overlap

IVV and UBND share 0 holdings out of 1326 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 UBND?

IVV has an expense ratio of 0.03% while UBND charges 0.40%. IVV is the cheaper option. On a $10,000 investment, that is $37 per year of difference.

Which performed better, IVV or UBND?

Over the past year IVV returned +21.48% vs +2.50% for UBND, so IVV leads on 1-year performance. Over the longest common window we track (5 years), IVV annualized +6.97% vs +0.81% for UBND. Past performance does not guarantee future results.

Which is riskier, IVV or UBND?

IVV has been the more volatile fund at 15.1% annualized versus 6.4% for UBND. Worst drawdown: IVV -56.5% vs UBND -16.4%.

Should I hold both IVV and UBND?

IVV and UBND have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and UBND?

IVV and UBND share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1326 unique securities.

Which pays a higher dividend, IVV or UBND?

IVV yields 1.09% while UBND yields 4.74%, so UBND currently pays the higher dividend yield.

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