IVV vs VPLS
IVV vs VPLS
iShares Core S&P 500 ETF vs Vanguard Core-Plus Bond 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 | VPLS | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.20% | |
| AUM | $865.2B | $1.7B | |
| Dividend Yield | 1.09% | 4.73% | |
| Holdings | 508 | 2,567 | |
| YTD Return | +13.80% | +0.10% | |
| 1Y Return | +23.70% | +2.70% | |
| 3Y Return (annualized) | +21.49% | - | |
| 5Y Return (annualized) | +13.43% | - | |
| Volatility (annualized) | 15.1% | 4.1% | |
| Max Drawdown | -56.5% | -3.0% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Dec 6, 2023 |
IVV vs VPLS Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Vanguard Core-Plus Bond ETF (VPLS) is a ETF from Vanguard (US). Over the past year IVV returned +23.70% while VPLS returned +2.70%. Year to date, IVV is up 13.80% versus a gain of 0.10% for VPLS.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 4.1% for VPLS. 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 -3.0% for VPLS. 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 0.37. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while VPLS charges 0.20%. On a $10,000 position that is $3 vs $20 annually, a gap of $17 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.73% for VPLS.
Holdings Overlap
IVV and VPLS share 0 holdings out of 665 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or VPLS?
IVV has an expense ratio of 0.03% while VPLS charges 0.20%. IVV is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, IVV or VPLS?
Over the past year IVV returned +23.70% vs +2.70% for VPLS, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.05% vs +6.42% for VPLS. Past performance does not guarantee future results.
Which is riskier, IVV or VPLS?
IVV has been the more volatile fund at 15.1% annualized versus 4.1% for VPLS. Worst drawdown: IVV -56.5% vs VPLS -3.0%.
Should I hold both IVV and VPLS?
IVV and VPLS have a monthly-return correlation of 0.37, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and VPLS?
IVV and VPLS share 0 common holdings with a 0.0% weight overlap. Combined, they hold 665 unique securities.
Which pays a higher dividend, IVV or VPLS?
IVV yields 1.09% while VPLS yields 4.73%, so VPLS currently pays the higher dividend yield.
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