IVV vs VOOV
IVV vs VOOV
iShares Core S&P 500 ETF vs Vanguard S&P 500 Value 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 | VOOV | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.07% | |
| AUM | $865.2B | $6.5B | |
| Dividend Yield | 1.09% | 2.16% | |
| Holdings | 508 | 451 | |
| YTD Return | +13.52% | +11.59% | |
| 1Y Return | +23.63% | +22.08% | |
| 3Y Return (annualized) | +21.26% | +14.75% | |
| 5Y Return (annualized) | +13.52% | +11.94% | |
| Volatility (annualized) | 15.1% | 14.3% | |
| Max Drawdown | -56.5% | -37.7% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Sep 7, 2010 |
IVV vs VOOV Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Vanguard S&P 500 Value ETF (VOOV) is a ETF from Vanguard (US). Over the past year IVV returned +23.63% while VOOV returned +22.08%. Year to date, IVV is up 13.52% versus a gain of 11.59% for VOOV.
Over three years, IVV compounded at +21.26% per year against +14.75% for VOOV; over five years the annualized figures are +13.52% and +11.94% respectively. Across the full 16-year window we track, VOOV has the edge at +10.65% annualized vs +7.04%. 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 14.3% for VOOV. 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 -37.7% for VOOV. 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 0.93. 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 VOOV charges 0.07%. On a $10,000 position that is $3 vs $7 annually, a gap of $4 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 2.16% for VOOV.
Holdings Overlap
IVV and VOOV share 433 holdings out of 509 unique holdings combined, representing a 59.0% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in IVV | Weight in VOOV | Difference |
|---|---|---|---|
| AAPL | 7.44% | 7.32% | 0.12% |
| AMZN | 3.75% | 3.78% | 0.03% |
| TSLA | 1.65% | 1.55% | 0.10% |
| INTC | Pro | Pro | Pro |
| XOM | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
| JPM | Pro | Pro | Pro |
| COST | Pro | Pro | Pro |
| UNH | Pro | Pro | Pro |
| BAC | Pro | Pro | Pro |
See all 10 holdings IVV shares with VOOV 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 VOOV?
IVV has an expense ratio of 0.03% while VOOV charges 0.07%. IVV is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, IVV or VOOV?
Over the past year IVV returned +23.63% vs +22.08% for VOOV, so IVV leads on 1-year performance. Over the longest common window we track (16 years), IVV annualized +7.04% vs +10.65% for VOOV. Past performance does not guarantee future results.
Which is riskier, IVV or VOOV?
IVV has been the more volatile fund at 15.1% annualized versus 14.3% for VOOV. Worst drawdown: IVV -56.5% vs VOOV -37.7%.
Should I hold both IVV and VOOV?
IVV and VOOV have a monthly-return correlation of 0.93, 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 VOOV?
IVV and VOOV share 433 common holdings with a 59.0% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, IVV or VOOV?
IVV yields 1.09% while VOOV yields 2.16%, so VOOV currently pays the higher dividend yield.
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