BFEB vs IVV

Quick Verdict

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

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricBFEBIVVWinner
Expense Ratio0.79%0.03%
AUM$254M$865.2B
Dividend Yield0.00%1.09%
Holdings6508
YTD Return+10.61%+13.80%
1Y Return+18.61%+23.70%
3Y Return (annualized)+16.08%+21.49%
5Y Return (annualized)+11.74%+13.43%
Volatility (annualized)11.2%15.1%
Max Drawdown-26.4%-56.5%
Fund FamilyInnovator ETFs TrustiShares by BlackRock (US)
CategoryAlternativeEquity
InceptionFeb 3, 2020May 15, 2000

BFEB vs IVV Performance

Innovator US Equity Buffer ETF - February (BFEB) is a ETF from Innovator ETFs Trust and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year BFEB returned +18.61% while IVV returned +23.70%. Year to date, BFEB is up 10.61% versus a gain of 13.80% for IVV.

Over three years, BFEB compounded at +16.08% per year against +21.49% for IVV; over five years the annualized figures are +11.74% and +13.43% respectively. Across the full 7-year window we track, BFEB has the edge at +12.74% annualized vs +7.05%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 11.2% for BFEB. 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 -26.4% for BFEB and -56.5% for IVV. 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 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

BFEB charges 0.79% per year while IVV charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, BFEB currently yields 0.00% against 1.09% for IVV.

Frequently Asked Questions

Which is cheaper, BFEB or IVV?

BFEB has an expense ratio of 0.79% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $76 per year of difference.

Which performed better, BFEB or IVV?

Over the past year BFEB returned +18.61% vs +23.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (7 years), BFEB annualized +12.74% vs +7.05% for IVV. Past performance does not guarantee future results.

Which is riskier, BFEB or IVV?

IVV has been the more volatile fund at 15.1% annualized versus 11.2% for BFEB. Worst drawdown: BFEB -26.4% vs IVV -56.5%.

Should I hold both BFEB and IVV?

BFEB and IVV have a monthly-return correlation of 0.97, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

Which pays a higher dividend, BFEB or IVV?

BFEB yields 0.00% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.

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