IVV vs VONE

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. VONE offers more diversification with 999 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: VONE

Side-by-Side Comparison

MetricIVVVONEWinner
Expense Ratio0.03%0.06%
AUM$865.2B$8.3B
Dividend Yield1.09%1.22%
Holdings5081,007
YTD Return+13.31%+13.00%
1Y Return+24.00%+23.31%
3Y Return (annualized)+21.16%+20.84%
5Y Return (annualized)+13.34%+12.56%
Volatility (annualized)15.1%14.4%
Max Drawdown-56.5%-34.7%
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryEquityEquity
InceptionMay 15, 2000Sep 20, 2010

IVV vs VONE Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Vanguard Russell 1000 ETF (VONE) is a ETF from Vanguard (US). Over the past year IVV returned +24.00% while VONE returned +23.31%. Year to date, IVV is up 13.31% versus a gain of 13.00% for VONE.

Over three years, IVV compounded at +21.16% per year against +20.84% for VONE; over five years the annualized figures are +13.34% and +12.56% respectively. Across the full 16-year window we track, VONE has the edge at +13.32% annualized vs +7.03%. 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 14.4% for VONE. 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 -34.7% for VONE. 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 1.00. 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 VONE charges 0.06%. On a $10,000 position that is $3 vs $6 annually, a gap of $3 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.22% for VONE.

Holdings Overlap

85.7%overlap

IVV and VONE share 487 holdings out of 1017 unique holdings combined, representing a 85.7% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in IVVWeight in VONEDifference
NVDA7.76%7.09%0.67%
AAPL7.44%5.93%1.51%
MSFT4.57%4.59%0.02%
AMZNProProPro
GOOGProProPro
AVGOProProPro
METAProProPro
TSLAProProPro
BRK.BProProPro
JPMProProPro
See all 10 holdings IVV shares with VONE
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 VONE?

IVV has an expense ratio of 0.03% while VONE charges 0.06%. IVV is the cheaper option. On a $10,000 investment, that is $3 per year of difference.

Which performed better, IVV or VONE?

Over the past year IVV returned +24.00% vs +23.31% for VONE, so IVV leads on 1-year performance. Over the longest common window we track (16 years), IVV annualized +7.03% vs +13.32% for VONE. Past performance does not guarantee future results.

Which is riskier, IVV or VONE?

IVV has been the more volatile fund at 15.1% annualized versus 14.4% for VONE. Worst drawdown: IVV -56.5% vs VONE -34.7%.

Should I hold both IVV and VONE?

IVV and VONE have a monthly-return correlation of 1.00, 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 VONE?

IVV and VONE share 487 common holdings with a 85.7% weight overlap. Combined, they hold 1017 unique securities.

Which pays a higher dividend, IVV or VONE?

IVV yields 1.09% while VONE yields 1.22%, so VONE currently pays the higher dividend yield.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.

See inside every ETF you own
$29/moCancel anytime.
Try FundXLS →