BKDV vs IVV
BNY Mellon Dynamic Value ETF vs iShares Core S&P 500 ETF
Which is better, BKDV or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. BKDV led over 1Y and the full window. BKDV is less concentrated, with 32.5% of the fund in its ten largest positions against 37.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BKDV | IVV |
|---|---|---|
| Expense Ratio | 0.60% | 0.03%Best |
| AUM | $2.0B | $876.4B |
| Dividend Yield | 0.52% | 1.06% |
| Holdings | 84 | 508 |
| YTD Return | +16.05%Best | +11.03% |
| 1Y Return | +24.82%Best | +15.62% |
| 3Y Return (annualized) | - | +20.81% |
| 5Y Return (annualized) | - | +12.61% |
| Volatility (annualized) | 11.9%Best | 12.8% |
| Max Drawdown | -15.5%Best | -18.8% |
| $10,000 over 1.9 years | $13,841Best | $13,603 |
| Top 10 Weight | 32.5%Best | 37.8% |
| Fund Family | BNY Mellon Investment Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Nov 1, 2024 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Nov 4, 2024 to Sep 16, 2026 (1.9 years).
BKDV vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.9 years both funds cover.
BKDV vs IVV Performance
BNY Mellon Dynamic Value ETF (BKDV) is an ETF from BNY Mellon Investment Management and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year BKDV returned +24.82% while IVV returned +15.62%. Year to date, BKDV is up 16.05% versus a gain of 11.03% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 11.9% for BKDV. 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 -15.5% for BKDV and -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BKDV charges 0.60% per year while IVV charges 0.03%. On a $10,000 position that is $60 vs $3 annually, a gap of $57 per year that compounds over a long holding period. On income, BKDV currently yields 0.52% against 1.06% for IVV.
Holdings Overlap
91.5% of BKDV's money is in holdings IVV also owns. 36.9% of IVV's money is in holdings BKDV also owns.
Most of BKDV is already inside IVV. Owning both mostly buys the same companies twice.
70 positions in common, counted across the 80 positions we hold weights for in BKDV and 490 in IVV, against full books of 84 and 508.
What only one of them owns
Our book lists 412 positions for IVV that do not appear in our book for BKDV (61.7% of the fund), and 8 for BKDV that do not appear in IVV (6.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BKDV | Weight in IVV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.09% | 5.69% | 0.60% |
| AMZNAmazon.Com Inc | 6.08% | 3.84% | 2.24% |
| AAPLApple, Inc | 2.01% | 7.02% | 5.01% |
| JPMJpmorgan Chase | 4.02% | 1.44% | 2.58% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 2.54% | 1.39% | 1.15% |
| JNJJohnson & Johnson - Common | 2.73% | 0.97% | 1.76% |
| UNHUnitedhealth Group Incorporated | 2.73% | 0.53% | 2.20% |
| SLBSchlumberger Nv. | 2.91% | 0.14% | 2.77% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.18% | 0.66% | 1.52% |
| TMOThermo Fisherscientific Inc. | 2.20% | 0.35% | 1.85% |
91.5% of BKDV is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BKDV or IVV?
BKDV has an expense ratio of 0.60% while IVV charges 0.03%. IVV is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, BKDV or IVV?
Over the past year BKDV returned +24.82% vs +15.62% for IVV, so BKDV leads on 1-year performance. Over the longest common window we track (2 years), BKDV annualized +18.66% vs +17.58% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BKDV or IVV?
IVV has been the more volatile fund at 12.8% annualized versus 11.9% for BKDV. Worst drawdown: BKDV -15.5% vs IVV -18.8%.
Should I hold both BKDV and IVV?
BKDV and IVV have a monthly-return correlation of 0.77, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BKDV and IVV?
91.5% of BKDV's money is in holdings IVV also owns. 36.9% of IVV's is in holdings BKDV also owns. They hold 70 positions in common, counted across the 80 positions we hold weights for in BKDV and 490 in IVV.
Which pays a higher dividend, BKDV or IVV?
BKDV yields 0.52% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than BKDV?
IVV has a lower expense ratio. BKDV led over 1Y and the full window. BKDV is less concentrated, with 32.5% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.