IVV vs VTSAX

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. VTSAX offers more diversification with 2728 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: VTSAX

Side-by-Side Comparison

MetricIVVVTSAXWinner
Expense Ratio0.03%0.04%
AUM$865.2B$489.0B
Dividend Yield1.09%1.04%
Holdings5083,543
YTD Return+13.13%+12.90%
1Y Return+22.90%+22.84%
3Y Return (annualized)+21.08%+19.17%
5Y Return (annualized)+13.27%+10.71%
Volatility (annualized)15.1%16.4%
Max Drawdown-56.5%-26.3%
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryEquityEquity
InceptionMay 15, 2000Nov 13, 2000

IVV vs VTSAX Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) is a mutual fund from Vanguard (US). Over the past year IVV returned +22.90% while VTSAX returned +22.84%. Year to date, IVV is up 13.13% versus a gain of 12.90% for VTSAX.

Over three years, IVV compounded at +21.08% per year against +19.17% for VTSAX; over five years the annualized figures are +13.27% and +10.71% respectively. Across the full 5-year window we track, VTSAX has the edge at +10.71% annualized vs +7.02%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VTSAX has been the more volatile fund, with annualized monthly volatility of 16.4% 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 -26.3% for VTSAX. 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 0.99. 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 VTSAX charges 0.04%. On a $10,000 position that is $3 vs $4 annually, a gap of $1 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.04% for VTSAX.

Holdings Overlap

84.9%overlap

IVV and VTSAX share 464 holdings out of 2769 unique holdings combined, representing a 84.9% weight overlap.

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

Top Shared Holdings

StockWeight in IVVWeight in VTSAXDifference
NVDA7.76%6.32%1.44%
AAPL7.44%5.84%1.60%
MSFT4.57%3.81%0.76%
AMZNProProPro
GOOGLProProPro
AVGOProProPro
GOOGProProPro
METAProProPro
MUProProPro
TSLAProProPro
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Frequently Asked Questions

Which is cheaper, IVV or VTSAX?

IVV has an expense ratio of 0.03% while VTSAX charges 0.04%. IVV is the cheaper option. On a $10,000 investment, that is $1 per year of difference.

Which performed better, IVV or VTSAX?

Over the past year IVV returned +22.90% vs +22.84% for VTSAX, so IVV leads on 1-year performance. Over the longest common window we track (5 years), IVV annualized +7.02% vs +10.71% for VTSAX. Past performance does not guarantee future results.

Which is riskier, IVV or VTSAX?

VTSAX has been the more volatile fund at 16.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs VTSAX -26.3%.

Should I hold both IVV and VTSAX?

IVV and VTSAX have a monthly-return correlation of 0.99, 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 VTSAX?

IVV and VTSAX share 464 common holdings with a 84.9% weight overlap. Combined, they hold 2769 unique securities.

Which pays a higher dividend, IVV or VTSAX?

IVV yields 1.09% while VTSAX yields 1.04%, so IVV currently pays the higher dividend yield.

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