IYF vs VOO

Quick Verdict

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

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricIYFVOOWinner
Expense Ratio0.38%0.03%
AUM$4.6B$979.0B
Dividend Yield1.50%1.09%
Holdings147509
YTD Return+5.67%+11.51%
1Y Return+14.01%+21.46%
3Y Return (annualized)+21.93%+20.86%
5Y Return (annualized)+12.32%+13.01%
Volatility (annualized)19.3%14.1%
Max Drawdown-80.2%-34.3%
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryEquityEquity
InceptionMay 22, 2000Sep 7, 2010

IYF vs VOO Performance

iShares US Financials ETF (IYF) 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 IYF returned +14.01% while VOO returned +21.46%. Year to date, IYF is up 5.67% versus a gain of 11.51% for VOO.

Over three years, IYF compounded at +21.93% per year against +20.86% for VOO; over five years the annualized figures are +12.32% and +13.01% respectively. Across the full 16-year window we track, VOO has the edge at +13.44% annualized vs +5.47%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IYF has been the more volatile fund, with annualized monthly volatility of 19.3% compared with 14.1% for VOO. 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 -80.2% for IYF 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 0.86. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

IYF charges 0.38% per year while VOO charges 0.03%. On a $10,000 position that is $38 vs $3 annually, a gap of $35 per year that compounds over a long holding period. On income, IYF currently yields 1.50% against 1.09% for VOO.

Holdings Overlap

7.7%overlap

IYF and VOO share 61 holdings out of 587 unique holdings combined, representing a 7.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IYFWeight in VOODifference
JPM10.86%1.26%9.60%
BAC4.60%0.58%4.02%
GS3.88%0.44%3.44%
WFCProProPro
MSProProPro
CProProPro
SCHWProProPro
BLKProProPro
PGRProProPro
SPGIProProPro
See all 10 holdings IYF shares with VOO
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Frequently Asked Questions

Which is cheaper, IYF or VOO?

IYF has an expense ratio of 0.38% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $35 per year of difference.

Which performed better, IYF or VOO?

Over the past year IYF returned +14.01% vs +21.46% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), IYF annualized +5.47% vs +13.44% for VOO. Past performance does not guarantee future results.

Which is riskier, IYF or VOO?

IYF has been the more volatile fund at 19.3% annualized versus 14.1% for VOO. Worst drawdown: IYF -80.2% vs VOO -34.3%.

Should I hold both IYF and VOO?

IYF and VOO 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 IYF and VOO?

IYF and VOO share 61 common holdings with a 7.7% weight overlap. Combined, they hold 587 unique securities.

Which pays a higher dividend, IYF or VOO?

IYF yields 1.50% while VOO yields 1.09%, so IYF currently pays the higher dividend yield.

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