IVV vs VIG
IVV vs VIG
iShares Core S&P 500 ETF vs Vanguard Dividend Appreciation 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 | VIG | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.04% | |
| AUM | $865.2B | $110.2B | |
| Dividend Yield | 1.09% | 1.79% | |
| Holdings | 508 | 335 | |
| YTD Return | +9.93% | +9.31% | |
| 1Y Return | +19.59% | +17.96% | |
| 3Y Return (annualized) | +19.41% | +14.93% | |
| 5Y Return (annualized) | +12.89% | +10.51% | |
| Volatility (annualized) | 15.1% | 13.3% | |
| Max Drawdown | -56.5% | -48.2% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Apr 21, 2006 |
IVV vs VIG Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Vanguard Dividend Appreciation ETF (VIG) is a ETF from Vanguard (US). Over the past year IVV returned +19.59% while VIG returned +17.96%. Year to date, IVV is up 9.93% versus a gain of 9.31% for VIG.
Over three years, IVV compounded at +19.41% per year against +14.93% for VIG; over five years the annualized figures are +12.89% and +10.51% respectively. Across the full 20-year window we track, VIG has the edge at +8.56% annualized vs +6.91%. 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 13.3% for VIG. 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 -48.2% for VIG. 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 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while VIG charges 0.04%. On a $10,000 position that is $3 vs $4 annually, a gap of $1 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.79% for VIG.
Holdings Overlap
IVV and VIG share 163 holdings out of 673 unique holdings combined, representing a 38.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in VIG | Difference |
|---|---|---|---|
| AAPL | 7.44% | 4.22% | 3.22% |
| MSFT | 4.57% | 3.53% | 1.04% |
| AVGO | 2.83% | 4.55% | 1.72% |
| LLY | Pro | Pro | Pro |
| JPM | Pro | Pro | Pro |
| JNJ | Pro | Pro | Pro |
| XOM | Pro | Pro | Pro |
| V | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
| CAT | Pro | Pro | Pro |
See all 10 holdings IVV shares with VIG Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, IVV or VIG?
IVV has an expense ratio of 0.03% while VIG charges 0.04%. IVV is the cheaper option. On a $10,000 investment, that is $1 per year of difference.
Which performed better, IVV or VIG?
Over the past year IVV returned +19.59% vs +17.96% for VIG, so IVV leads on 1-year performance. Over the longest common window we track (20 years), IVV annualized +6.91% vs +8.56% for VIG. Past performance does not guarantee future results.
Which is riskier, IVV or VIG?
IVV has been the more volatile fund at 15.1% annualized versus 13.3% for VIG. Worst drawdown: IVV -56.5% vs VIG -48.2%.
Should I hold both IVV and VIG?
IVV and VIG have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and VIG?
IVV and VIG share 163 common holdings with a 38.6% weight overlap. Combined, they hold 673 unique securities.
Which pays a higher dividend, IVV or VIG?
IVV yields 1.09% while VIG yields 1.79%, so VIG currently pays the higher dividend yield.
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