BRLN vs IVV
iShares Floating Rate Loan Active ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | BRLN | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.55% | 0.03% | |
| AUM | $54M | $865.2B | |
| Dividend Yield | 6.36% | 1.09% | |
| Holdings | 421 | 508 | |
| YTD Return | -1.86% | +13.72% | |
| 1Y Return | -0.35% | +21.64% | |
| 3Y Return (annualized) | +5.09% | +21.55% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | 2.8% | 15.1% | |
| Max Drawdown | -3.9% | -56.5% | |
| Fund Family | BlackRock, Inc. (US) | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Oct 4, 2022 | May 15, 2000 |
BRLN vs IVV Performance
iShares Floating Rate Loan Active ETF (BRLN) 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 BRLN returned -0.35% while IVV returned +21.64%. Year to date, BRLN is down 1.86% versus a gain of 13.72% for IVV.
Over three years, BRLN compounded at +5.09% per year against +21.55% for IVV. Across the full 4-year window we track, IVV has the edge at +7.04% annualized vs +6.47%. 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 2.8% for BRLN. 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 -3.9% for BRLN 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 0.45. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BRLN charges 0.55% per year while IVV charges 0.03%. On a $10,000 position that is $55 vs $3 annually, a gap of $52 per year that compounds over a long holding period. On income, BRLN currently yields 6.36% against 1.09% for IVV.
Holdings Overlap
BRLN and IVV share 1 holdings out of 654 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in BRLN | Weight in IVV | Difference |
|---|---|---|---|
| XTSLA | 12.52% | 0.15% | 12.37% |
Frequently Asked Questions
Which is cheaper, BRLN or IVV?
BRLN has an expense ratio of 0.55% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $52 per year of difference.
Which performed better, BRLN or IVV?
Over the past year BRLN returned -0.35% vs +21.64% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), BRLN annualized +6.47% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, BRLN or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 2.8% for BRLN. Worst drawdown: BRLN -3.9% vs IVV -56.5%.
Should I hold both BRLN and IVV?
BRLN and IVV have a monthly-return correlation of 0.45, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BRLN and IVV?
BRLN and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 654 unique securities.
Which pays a higher dividend, BRLN or IVV?
BRLN yields 6.36% while IVV yields 1.09%, so BRLN currently pays the higher dividend yield.
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