BRHY vs IVV

BRHY vs IVV

Which is better, BRHY or IVV?

High Yield Bond against Large Cap Blend.

IVV has a lower expense ratio. IVV led over 1Y and the full window.

Lower Fees: IVVHigher Returns: IVV

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

MetricBRHYIVV
Expense Ratio0.45%0.03%Best
AUM$147M$876.4B
Dividend Yield7.55%1.06%
Holdings905508
YTD Return+2.06%+11.57%Best
1Y Return+4.33%+17.57%Best
3Y Return (annualized)-+20.71%
5Y Return (annualized)-+12.80%
Volatility (annualized)3.6%Best12.0%
Max Drawdown-4.4%Best-18.8%
$10,000 over 2.2 years$11,898$14,150Best
Fund FamilyBlackRock, Inc. (US)iShares by BlackRock (US)
CategoryFixed IncomeEquity
StyleHigh Yield BondLarge Cap Blend
InceptionJun 17, 2024May 15, 2000

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jun 18, 2024 to Sep 10, 2026 (2.2 years).

BRHY 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 2.2 years both funds cover.

BRHY vs IVV Performance

iShares High Yield Active ETF (BRHY) is an ETF from BlackRock, Inc. (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year BRHY returned +4.33% while IVV returned +17.57%. Year to date, BRHY is up 2.06% versus a gain of 11.57% 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 12.0% compared with 3.6% for BRHY. 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 -4.4% for BRHY 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 0.81. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

BRHY charges 0.45% per year while IVV charges 0.03%. On a $10,000 position that is $45 vs $3 annually, a gap of $42 per year that compounds over a long holding period. On income, BRHY currently yields 7.55% against 1.06% for IVV.

Holdings Overlap

IVV already in BRHY3.8%

At least 3.8% of IVV's money is in holdings BRHY also owns.

Stated as a floor: for BRHY, our book for it covers 64.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.

IVV and BRHY share little of their money.

5 positions in common, counted across the 543 positions we hold weights for in BRHY and 505 in IVV, against full books of 905 and 508.

Top Shared Holdings

StockWeight in BRHYWeight in IVVDifference
XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares4.91%0.18%4.73%
GOOGLAlphabet A Usd 0.0010.05%3.19%3.14%
CCitigroup Inc.0.22%0.35%0.13%
MCHPMicrochip Technology Inc.0.08%0.06%0.02%
VICIVici Properties Inc0.06%0.04%0.02%

You are not choosing between two funds in isolation.

Whichever of BRHY and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

BRHYIVV

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Frequently Asked Questions

Which is cheaper, BRHY or IVV?

BRHY has an expense ratio of 0.45% while IVV charges 0.03%. IVV is the cheaper option, by $42 a year on a $10,000 investment.

Which performed better, BRHY or IVV?

Over the past year BRHY returned +4.33% vs +17.57% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), BRHY annualized +8.22% vs +17.09% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, BRHY or IVV?

IVV has been the more volatile fund at 12.0% annualized versus 3.6% for BRHY. Worst drawdown: BRHY -4.4% vs IVV -18.8%.

Should I hold both BRHY and IVV?

BRHY and IVV have a monthly-return correlation of 0.81, 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 BRHY and IVV?

At least 3.8% of IVV's money is in holdings BRHY also owns. Our book for BRHY is partial, so the real figure is this or higher. They hold 5 positions in common, counted across the 543 positions we hold weights for in BRHY and 505 in IVV.

Which pays a higher dividend, BRHY or IVV?

BRHY yields 7.55% while IVV yields 1.06%, so BRHY currently pays the higher dividend yield.

Is IVV better than BRHY?

IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.