IVVW vs VTI

Quick Verdict

VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: VTIMore Diversified: VTI

Side-by-Side Comparison

MetricIVVWVTIWinner
Expense Ratio0.25%0.03%
AUM$325M$663.5B
Dividend Yield17.58%1.07%
Holdings43,543
YTD Return-1.78%+10.14%
1Y Return+6.29%+19.82%
3Y Return (annualized)-+18.94%
5Y Return (annualized)-+11.79%
Volatility (annualized)7.6%15.4%
Max Drawdown-16.8%-56.6%
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryEquityEquity
InceptionMar 14, 2024May 24, 2001

IVVW vs VTI Performance

iShares S&P 500 BuyWrite ETF (IVVW) is a ETF from iShares by BlackRock (US) and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year IVVW returned +6.29% while VTI returned +19.82%. Year to date, IVVW is down 1.78% versus a gain of 10.14% for VTI.

Risk: Volatility and Drawdowns

VTI has been the more volatile fund, with annualized monthly volatility of 15.4% 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 -56.6% for VTI. 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 0.86. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

IVVW charges 0.25% per year while VTI 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 1.07% for VTI.

Holdings Overlap

79.3%overlap

IVVW and VTI share 426 holdings out of 2852 unique holdings combined, representing a 79.3% weight overlap.

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

Top Shared Holdings

StockWeight in IVVWWeight in VTIDifference
NVDA7.57%6.32%1.25%
AAPL7.16%5.84%1.32%
MSFT4.40%3.81%0.59%
AMZNProProPro
GOOGLProProPro
AVGOProProPro
GOOGProProPro
METAProProPro
MUProProPro
TSLAProProPro
See all 10 holdings IVVW shares with VTI
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Frequently Asked Questions

Which is cheaper, IVVW or VTI?

IVVW has an expense ratio of 0.25% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $22 per year of difference.

Which performed better, IVVW or VTI?

Over the past year IVVW returned +6.29% vs +19.82% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (2 years), IVVW annualized +8.79% vs +7.99% for VTI. Past performance does not guarantee future results.

Which is riskier, IVVW or VTI?

VTI has been the more volatile fund at 15.4% annualized versus 7.6% for IVVW. Worst drawdown: IVVW -16.8% vs VTI -56.6%.

Should I hold both IVVW and VTI?

IVVW and VTI have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVVW and VTI?

IVVW and VTI share 426 common holdings with a 79.3% weight overlap. Combined, they hold 2852 unique securities.

Which pays a higher dividend, IVVW or VTI?

IVVW yields 17.58% while VTI yields 1.07%, so IVVW currently pays the higher dividend yield.

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