IVV vs VDE

Quick Verdict

IVV has a lower expense ratio. VDE delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: VDEMore Diversified: IVV

Side-by-Side Comparison

MetricIVVVDEWinner
Expense Ratio0.03%0.09%
AUM$865.2B$9.0B
Dividend Yield1.09%3.43%
Holdings508109
YTD Return+13.52%+30.05%
1Y Return+23.63%+41.79%
3Y Return (annualized)+21.26%+14.15%
5Y Return (annualized)+13.52%+23.79%
Volatility (annualized)15.1%26.6%
Max Drawdown-56.5%-78.5%
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryEquityEquity
InceptionMay 15, 2000Sep 23, 2004

IVV vs VDE Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Vanguard Energy ETF (VDE) is a ETF from Vanguard (US). Over the past year IVV returned +23.63% while VDE returned +41.79%. Year to date, IVV is up 13.52% versus a gain of 30.05% for VDE.

Over three years, IVV compounded at +21.26% per year against +14.15% for VDE; over five years the annualized figures are +13.52% and +23.79% respectively. Across the full 22-year window we track, IVV has the edge at +7.04% annualized vs +6.57%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VDE has been the more volatile fund, with annualized monthly volatility of 26.6% 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 -78.5% for VDE. 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while VDE charges 0.09%. On a $10,000 position that is $3 vs $9 annually, a gap of $6 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 3.43% for VDE.

Holdings Overlap

3.9%overlap

IVV and VDE share 22 holdings out of 595 unique holdings combined, representing a 3.9% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IVVWeight in VDEDifference
XOM0.97%21.63%20.66%
CVX0.55%13.50%12.95%
COP0.22%5.51%5.29%
WMBProProPro
VLOProProPro
MPCProProPro
EOGProProPro
SLBProProPro
PSXProProPro
KMIProProPro
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Frequently Asked Questions

Which is cheaper, IVV or VDE?

IVV has an expense ratio of 0.03% while VDE charges 0.09%. IVV is the cheaper option. On a $10,000 investment, that is $6 per year of difference.

Which performed better, IVV or VDE?

Over the past year IVV returned +23.63% vs +41.79% for VDE, so VDE leads on 1-year performance. Over the longest common window we track (22 years), IVV annualized +7.04% vs +6.57% for VDE. Past performance does not guarantee future results.

Which is riskier, IVV or VDE?

VDE has been the more volatile fund at 26.6% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs VDE -78.5%.

Should I hold both IVV and VDE?

IVV and VDE have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and VDE?

IVV and VDE share 22 common holdings with a 3.9% weight overlap. Combined, they hold 595 unique securities.

Which pays a higher dividend, IVV or VDE?

IVV yields 1.09% while VDE yields 3.43%, so VDE currently pays the higher dividend yield.

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