IVV vs VEA
IVV vs VEA
iShares Core S&P 500 ETF vs Vanguard FTSE Developed Markets ETF
Quick Verdict
VEA delivered stronger 1-year returns. VEA offers more diversification with 3009 holdings.
Side-by-Side Comparison
| Metric | IVV | VEA | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.03% | |
| AUM | $865.2B | $230.9B | |
| Dividend Yield | 1.09% | 2.57% | |
| Holdings | 508 | 3,918 | |
| YTD Return | +13.52% | +15.07% | |
| 1Y Return | +23.63% | +30.82% | |
| 3Y Return (annualized) | +21.26% | +19.48% | |
| 5Y Return (annualized) | +13.52% | +10.05% | |
| Volatility (annualized) | 15.1% | 17.8% | |
| Max Drawdown | -56.5% | -62.9% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jul 20, 2007 |
IVV vs VEA Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Vanguard FTSE Developed Markets ETF (VEA) is a ETF from Vanguard (US). Over the past year IVV returned +23.63% while VEA returned +30.82%. Year to date, IVV is up 13.52% versus a gain of 15.07% for VEA.
Over three years, IVV compounded at +21.26% per year against +19.48% for VEA; over five years the annualized figures are +13.52% and +10.05% respectively. Across the full 19-year window we track, IVV has the edge at +7.04% annualized vs +3.09%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VEA has been the more volatile fund, with annualized monthly volatility of 17.8% 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 -62.9% for VEA. 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 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while VEA charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, IVV currently yields 1.09% against 2.57% for VEA.
Holdings Overlap
IVV and VEA share 4 holdings out of 3510 unique holdings combined, representing a 0.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
Frequently Asked Questions
Which is cheaper, IVV or VEA?
IVV has an expense ratio of 0.03% while VEA charges 0.03%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, IVV or VEA?
Over the past year IVV returned +23.63% vs +30.82% for VEA, so VEA leads on 1-year performance. Over the longest common window we track (19 years), IVV annualized +7.04% vs +3.09% for VEA. Past performance does not guarantee future results.
Which is riskier, IVV or VEA?
VEA has been the more volatile fund at 17.8% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs VEA -62.9%.
Should I hold both IVV and VEA?
IVV and VEA have a monthly-return correlation of 0.87, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and VEA?
IVV and VEA share 4 common holdings with a 0.2% weight overlap. Combined, they hold 3510 unique securities.
Which pays a higher dividend, IVV or VEA?
IVV yields 1.09% while VEA yields 2.57%, so VEA currently pays the higher dividend yield.
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