IVVW vs VOO
IVVW vs VOO
iShares S&P 500 BuyWrite ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVVW | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.25% | 0.03% | |
| AUM | $325M | $979.0B | |
| Dividend Yield | 17.58% | 1.09% | |
| Holdings | 4 | 509 | |
| YTD Return | -1.78% | +9.95% | |
| 1Y Return | +6.29% | +19.58% | |
| 3Y Return (annualized) | - | +19.43% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | 7.6% | 14.2% | |
| Max Drawdown | -16.8% | -34.3% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 14, 2024 | Sep 7, 2010 |
IVVW vs VOO Performance
iShares S&P 500 BuyWrite ETF (IVVW) 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 IVVW returned +6.29% while VOO returned +19.58%. Year to date, IVVW is down 1.78% versus a gain of 9.95% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 7.6% for IVVW. 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 -16.8% for IVVW 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVVW charges 0.25% per year while VOO charges 0.03%. On a $10,000 position that is $25 vs $3 annually, a gap of $22 per year that compounds over a long holding period. On income, IVVW currently yields 17.58% against 1.09% for VOO.
Holdings Overlap
IVVW and VOO share 450 holdings out of 550 unique holdings combined, representing a 89.2% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in IVVW | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 7.57% | 7.51% | 0.06% |
| AAPL | 7.16% | 6.59% | 0.57% |
| MSFT | 4.40% | 4.30% | 0.10% |
| 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 IVVW 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, IVVW or VOO?
IVVW has an expense ratio of 0.25% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $22 per year of difference.
Which performed better, IVVW or VOO?
Over the past year IVVW returned +6.29% vs +19.58% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), IVVW annualized +8.79% vs +13.35% for VOO. Past performance does not guarantee future results.
Which is riskier, IVVW or VOO?
VOO has been the more volatile fund at 14.2% annualized versus 7.6% for IVVW. Worst drawdown: IVVW -16.8% vs VOO -34.3%.
Should I hold both IVVW and VOO?
IVVW and VOO have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVVW and VOO?
IVVW and VOO share 450 common holdings with a 89.2% weight overlap. Combined, they hold 550 unique securities.
Which pays a higher dividend, IVVW or VOO?
IVVW yields 17.58% while VOO yields 1.09%, so IVVW currently pays the higher dividend yield.
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