IVV vs UYLD
IVV vs UYLD
iShares Core S&P 500 ETF vs Angel Oak UltraShort Income 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 | UYLD | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.34% | |
| AUM | $865.2B | $1.6B | |
| Dividend Yield | 1.09% | 5.42% | |
| Holdings | 508 | 921 | |
| YTD Return | +11.54% | +1.90% | |
| 1Y Return | +21.48% | +4.03% | |
| 3Y Return (annualized) | +20.86% | +5.68% | |
| 5Y Return (annualized) | +13.02% | - | |
| Volatility (annualized) | 15.1% | 0.7% | |
| Max Drawdown | -56.5% | -0.5% | |
| Fund Family | iShares by BlackRock (US) | Angel Oak Capital Advisors | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Oct 24, 2022 |
IVV vs UYLD Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Angel Oak UltraShort Income ETF (UYLD) is a ETF from Angel Oak Capital Advisors. Over the past year IVV returned +21.48% while UYLD returned +4.03%. Year to date, IVV is up 11.54% versus a gain of 1.90% for UYLD.
Over three years, IVV compounded at +20.86% per year against +5.68% for UYLD. Across the full 4-year window we track, IVV has the edge at +6.97% annualized vs +5.82%. 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 0.7% for UYLD. 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 -0.5% for UYLD. 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 0.32. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while UYLD 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 5.42% for UYLD.
Holdings Overlap
IVV and UYLD share 0 holdings out of 673 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 UYLD?
IVV has an expense ratio of 0.03% while UYLD 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 UYLD?
Over the past year IVV returned +21.48% vs +4.03% for UYLD, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +6.97% vs +5.82% for UYLD. Past performance does not guarantee future results.
Which is riskier, IVV or UYLD?
IVV has been the more volatile fund at 15.1% annualized versus 0.7% for UYLD. Worst drawdown: IVV -56.5% vs UYLD -0.5%.
Should I hold both IVV and UYLD?
IVV and UYLD have a monthly-return correlation of 0.32, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and UYLD?
IVV and UYLD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 673 unique securities.
Which pays a higher dividend, IVV or UYLD?
IVV yields 1.09% while UYLD yields 5.42%, so UYLD currently pays the higher dividend yield.
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