IVV vs USTB
IVV vs USTB
iShares Core S&P 500 ETF vs VictoryShares Short-Term Bond ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. USTB offers more diversification with 742 holdings.
Side-by-Side Comparison
| Metric | IVV | USTB | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.34% | |
| AUM | $865.2B | $2.3B | |
| Dividend Yield | 1.09% | 4.58% | |
| Holdings | 508 | 922 | |
| YTD Return | +9.93% | +1.62% | |
| 1Y Return | +19.59% | +4.19% | |
| 3Y Return (annualized) | +19.41% | +5.94% | |
| 5Y Return (annualized) | +12.89% | +3.52% | |
| Volatility (annualized) | 15.1% | 2.4% | |
| Max Drawdown | -56.5% | -5.5% | |
| Fund Family | iShares by BlackRock (US) | Victory Capital Management Inc. | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Oct 24, 2017 |
IVV vs USTB Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and VictoryShares Short-Term Bond ETF (USTB) is a ETF from Victory Capital Management Inc.. Over the past year IVV returned +19.59% while USTB returned +4.19%. Year to date, IVV is up 9.93% versus a gain of 1.62% for USTB.
Over three years, IVV compounded at +19.41% per year against +5.94% for USTB; over five years the annualized figures are +12.89% and +3.52% respectively. Across the full 9-year window we track, IVV has the edge at +6.91% annualized vs +2.50%. 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 2.4% for USTB. 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 -5.5% for USTB. 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 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while USTB charges 0.34%. On a $10,000 position that is $3 vs $34 annually, a gap of $31 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.58% for USTB.
Holdings Overlap
IVV and USTB share 0 holdings out of 1247 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 USTB?
IVV has an expense ratio of 0.03% while USTB charges 0.34%. IVV is the cheaper option. On a $10,000 investment, that is $31 per year of difference.
Which performed better, IVV or USTB?
Over the past year IVV returned +19.59% vs +4.19% for USTB, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +6.91% vs +2.50% for USTB. Past performance does not guarantee future results.
Which is riskier, IVV or USTB?
IVV has been the more volatile fund at 15.1% annualized versus 2.4% for USTB. Worst drawdown: IVV -56.5% vs USTB -5.5%.
Should I hold both IVV and USTB?
IVV and USTB have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and USTB?
IVV and USTB share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1247 unique securities.
Which pays a higher dividend, IVV or USTB?
IVV yields 1.09% while USTB yields 4.58%, so USTB currently pays the higher dividend yield.
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