IVV vs VOO
IVV vs VOO
iShares Core S&P 500 ETF vs Vanguard S&P 500 ETF
Quick Verdict
IVV delivered stronger 1-year returns.
Side-by-Side Comparison
| Metric | IVV | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.03% | |
| AUM | $865.2B | $979.0B | |
| Dividend Yield | 1.09% | 1.09% | |
| Holdings | 508 | 509 | |
| YTD Return | +9.93% | +9.95% | |
| 1Y Return | +19.59% | +19.58% | |
| 3Y Return (annualized) | +19.41% | +19.43% | |
| 5Y Return (annualized) | +12.89% | +12.89% | |
| Volatility (annualized) | 15.1% | 14.2% | |
| Max Drawdown | -56.5% | -34.3% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 7, 2010 |
IVV vs VOO Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year IVV returned +19.59% while VOO returned +19.58%. Year to date, IVV is up 9.93% versus a gain of 9.95% for VOO.
Over three years, IVV compounded at +19.41% per year against +19.43% for VOO; over five years the annualized figures are +12.89% and +12.89% respectively. Across the full 16-year window we track, VOO has the edge at +13.35% 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 14.2% for VOO. 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 -34.3% for VOO. 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 VOO charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, IVV currently yields 1.09% against 1.09% for VOO.
Holdings Overlap
IVV and VOO share 494 holdings out of 516 unique holdings combined, representing a 94.8% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in IVV | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 7.76% | 7.51% | 0.25% |
| AAPL | 7.44% | 6.59% | 0.85% |
| MSFT | 4.57% | 4.30% | 0.27% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
See all 10 holdings IVV shares with VOO 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 VOO?
IVV has an expense ratio of 0.03% while VOO charges 0.03%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, IVV or VOO?
Over the past year IVV returned +19.59% vs +19.58% for VOO, so IVV leads on 1-year performance. Over the longest common window we track (16 years), IVV annualized +6.91% vs +13.35% for VOO. Past performance does not guarantee future results.
Which is riskier, IVV or VOO?
IVV has been the more volatile fund at 15.1% annualized versus 14.2% for VOO. Worst drawdown: IVV -56.5% vs VOO -34.3%.
Should I hold both IVV and VOO?
IVV and VOO 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 VOO?
IVV and VOO share 494 common holdings with a 94.8% weight overlap. Combined, they hold 516 unique securities.
Which pays a higher dividend, IVV or VOO?
IVV yields 1.09% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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