BMEZ vs IVV

Quick Verdict

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

Lower Fees: IVVHigher Returns: BMEZMore Diversified: IVV

Side-by-Side Comparison

MetricBMEZIVVWinner
Expense Ratio1.30%0.03%
AUM$1.1B$865.2B
Dividend Yield8.61%1.09%
Holdings171508
YTD Return+11.98%+13.80%
1Y Return+28.15%+23.70%
3Y Return (annualized)+11.28%+21.49%
5Y Return (annualized)-2.09%+13.43%
Volatility (annualized)19.8%15.1%
Max Drawdown-46.0%-56.5%
Fund FamilyBlackRock, Inc. (US)iShares by BlackRock (US)
CategoryEquityEquity
InceptionJan 29, 2020May 15, 2000

BMEZ vs IVV Performance

BlackRock Health Sciences Term Trust (BMEZ) is a ETF from BlackRock, Inc. (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year BMEZ returned +28.15% while IVV returned +23.70%. Year to date, BMEZ is up 11.98% versus a gain of 13.80% for IVV.

Over three years, BMEZ compounded at +11.28% per year against +21.49% for IVV; over five years the annualized figures are -2.09% and +13.43% respectively. Across the full 7-year window we track, IVV has the edge at +7.05% annualized vs +5.08%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

BMEZ has been the more volatile fund, with annualized monthly volatility of 19.8% compared with 15.1% for IVV. 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 -46.0% for BMEZ 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 0.73. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

BMEZ charges 1.30% per year while IVV charges 0.03%. On a $10,000 position that is $130 vs $3 annually, a gap of $127 per year that compounds over a long holding period. On income, BMEZ currently yields 8.61% against 1.09% for IVV.

Holdings Overlap

5.4%overlap

BMEZ and IVV share 28 holdings out of 617 unique holdings combined, representing a 5.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in BMEZWeight in IVVDifference
JNJ2.82%0.93%1.89%
MRK2.61%0.48%2.13%
MDT:IE2.68%0.16%2.52%
GILDProProPro
ABTProProPro
EWProProPro
ABBVProProPro
AMGNProProPro
AProProPro
PODDProProPro
See all 10 holdings BMEZ shares with IVV
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, BMEZ or IVV?

BMEZ has an expense ratio of 1.30% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $127 per year of difference.

Which performed better, BMEZ or IVV?

Over the past year BMEZ returned +28.15% vs +23.70% for IVV, so BMEZ leads on 1-year performance. Over the longest common window we track (7 years), BMEZ annualized +5.08% vs +7.05% for IVV. Past performance does not guarantee future results.

Which is riskier, BMEZ or IVV?

BMEZ has been the more volatile fund at 19.8% annualized versus 15.1% for IVV. Worst drawdown: BMEZ -46.0% vs IVV -56.5%.

Should I hold both BMEZ and IVV?

BMEZ and IVV 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 BMEZ and IVV?

BMEZ and IVV share 28 common holdings with a 5.4% weight overlap. Combined, they hold 617 unique securities.

Which pays a higher dividend, BMEZ or IVV?

BMEZ yields 8.61% while IVV yields 1.09%, so BMEZ currently pays the higher dividend yield.

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