IYLD vs VOO
IYLD vs VOO
iShares Morningstar Multi-Asset Income ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. IYLD offers more diversification with 771 holdings.
Side-by-Side Comparison
| Metric | IYLD | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.03% | |
| AUM | $125M | $979.0B | |
| Dividend Yield | 4.60% | 1.09% | |
| Holdings | 19,236 | 509 | |
| YTD Return | +3.30% | +11.51% | |
| 1Y Return | +9.60% | +21.46% | |
| 3Y Return (annualized) | +8.97% | +20.86% | |
| 5Y Return (annualized) | +2.51% | +13.01% | |
| Volatility (annualized) | 9.3% | 14.1% | |
| Max Drawdown | -30.2% | -34.3% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | Apr 3, 2012 | Sep 7, 2010 |
IYLD vs VOO Performance
iShares Morningstar Multi-Asset Income ETF (IYLD) 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 IYLD returned +9.60% while VOO returned +21.46%. Year to date, IYLD is up 3.30% versus a gain of 11.51% for VOO.
Over three years, IYLD compounded at +8.97% per year against +20.86% for VOO; over five years the annualized figures are +2.51% and +13.01% respectively. Across the full 14-year window we track, VOO has the edge at +13.44% annualized vs +3.99%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 9.3% for IYLD. 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 -30.2% for IYLD 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IYLD charges 0.50% per year while VOO charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, IYLD currently yields 4.60% against 1.09% for VOO.
Holdings Overlap
IYLD and VOO share 26 holdings out of 1250 unique holdings combined, representing a 1.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IYLD | Weight in VOO | Difference |
|---|---|---|---|
| WELL | 0.45% | 0.25% | 0.20% |
| PLD | 0.36% | 0.20% | 0.16% |
| EQIX | 0.28% | 0.16% | 0.12% |
| SPG | Pro | Pro | Pro |
| DLR | Pro | Pro | Pro |
| O | Pro | Pro | Pro |
| PSA | Pro | Pro | Pro |
| VTR | Pro | Pro | Pro |
| IRM | Pro | Pro | Pro |
| EXR | Pro | Pro | Pro |
See all 10 holdings IYLD 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, IYLD or VOO?
IYLD has an expense ratio of 0.50% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, IYLD or VOO?
Over the past year IYLD returned +9.60% vs +21.46% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (14 years), IYLD annualized +3.99% vs +13.44% for VOO. Past performance does not guarantee future results.
Which is riskier, IYLD or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 9.3% for IYLD. Worst drawdown: IYLD -30.2% vs VOO -34.3%.
Should I hold both IYLD and VOO?
IYLD and VOO have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IYLD and VOO?
IYLD and VOO share 26 common holdings with a 1.6% weight overlap. Combined, they hold 1250 unique securities.
Which pays a higher dividend, IYLD or VOO?
IYLD yields 4.60% while VOO yields 1.09%, so IYLD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.