IVV vs VGIT

Quick Verdict

IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: TiedHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVVGITWinner
Expense Ratio0.03%0.03%
AUM$865.2B$42.1B
Dividend Yield1.09%3.84%
Holdings508106
YTD Return+11.54%-0.91%
1Y Return+21.48%+0.89%
3Y Return (annualized)+20.86%+3.56%
5Y Return (annualized)+13.02%-0.34%
Volatility (annualized)15.1%4.3%
Max Drawdown-56.5%-17.2%
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryEquityFixed Income
InceptionMay 15, 2000Nov 19, 2009

IVV vs VGIT Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Vanguard Intermediate Term Treasury ETF (VGIT) is a ETF from Vanguard (US). Over the past year IVV returned +21.48% while VGIT returned +0.89%. Year to date, IVV is up 11.54% versus a loss of 0.91% for VGIT.

Over three years, IVV compounded at +20.86% per year against +3.56% for VGIT; over five years the annualized figures are +13.02% and -0.34% respectively. Across the full 17-year window we track, IVV has the edge at +6.97% annualized vs +0.74%. 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 4.3% for VGIT. 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 -17.2% for VGIT. 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 -0.03. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while VGIT charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, IVV currently yields 1.09% against 3.84% for VGIT.

Holdings Overlap

0.0%overlap

IVV and VGIT share 0 holdings out of 589 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 VGIT?

IVV has an expense ratio of 0.03% while VGIT charges 0.03%. They cost the same. On a $10,000 investment, that is $0 per year of difference.

Which performed better, IVV or VGIT?

Over the past year IVV returned +21.48% vs +0.89% for VGIT, so IVV leads on 1-year performance. Over the longest common window we track (17 years), IVV annualized +6.97% vs +0.74% for VGIT. Past performance does not guarantee future results.

Which is riskier, IVV or VGIT?

IVV has been the more volatile fund at 15.1% annualized versus 4.3% for VGIT. Worst drawdown: IVV -56.5% vs VGIT -17.2%.

Should I hold both IVV and VGIT?

IVV and VGIT have a monthly-return correlation of -0.03, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and VGIT?

IVV and VGIT share 0 common holdings with a 0.0% weight overlap. Combined, they hold 589 unique securities.

Which pays a higher dividend, IVV or VGIT?

IVV yields 1.09% while VGIT yields 3.84%, so VGIT currently pays the higher dividend yield.

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