IVV vs VOTE

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVVOTEWinner
Expense Ratio0.03%0.05%
AUM$865.2B$1.1B
Dividend Yield1.09%0.95%
Holdings508507
YTD Return+13.13%+13.35%
1Y Return+22.90%+22.89%
3Y Return (annualized)+21.08%+21.31%
5Y Return (annualized)+13.27%+12.84%
Volatility (annualized)15.1%15.8%
Max Drawdown-56.5%-25.7%
Fund FamilyiShares by BlackRock (US)TCW ETFs
CategoryEquityEquity
InceptionMay 15, 2000Jun 22, 2021

IVV vs VOTE Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and TCW Transform 500 ETF (VOTE) is a ETF from TCW ETFs. Over the past year IVV returned +22.90% while VOTE returned +22.89%. Year to date, IVV is up 13.13% versus a gain of 13.35% for VOTE.

Over three years, IVV compounded at +21.08% per year against +21.31% for VOTE; over five years the annualized figures are +13.27% and +12.84% respectively. Across the full 5-year window we track, VOTE has the edge at +13.57% annualized vs +7.02%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOTE has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 15.1% for IVV. 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 -25.7% for VOTE. 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 VOTE charges 0.05%. On a $10,000 position that is $3 vs $5 annually, a gap of $2 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.95% for VOTE.

Holdings Overlap

93.2%overlap

IVV and VOTE share 427 holdings out of 574 unique holdings combined, representing a 93.2% weight overlap.

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

Top Shared Holdings

StockWeight in IVVWeight in VOTEDifference
NVDA7.76%7.49%0.27%
AAPL7.44%7.03%0.41%
MSFT4.57%4.82%0.25%
AMZNProProPro
GOOGLProProPro
AVGOProProPro
GOOGProProPro
METAProProPro
TSLAProProPro
MUProProPro
See all 10 holdings IVV shares with VOTE
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, IVV or VOTE?

IVV has an expense ratio of 0.03% while VOTE charges 0.05%. IVV is the cheaper option. On a $10,000 investment, that is $2 per year of difference.

Which performed better, IVV or VOTE?

Over the past year IVV returned +22.90% vs +22.89% for VOTE, so IVV leads on 1-year performance. Over the longest common window we track (5 years), IVV annualized +7.02% vs +13.57% for VOTE. Past performance does not guarantee future results.

Which is riskier, IVV or VOTE?

VOTE has been the more volatile fund at 15.8% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs VOTE -25.7%.

Should I hold both IVV and VOTE?

IVV and VOTE 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 VOTE?

IVV and VOTE share 427 common holdings with a 93.2% weight overlap. Combined, they hold 574 unique securities.

Which pays a higher dividend, IVV or VOTE?

IVV yields 1.09% while VOTE yields 0.95%, so IVV currently pays the higher dividend yield.

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