DDIV vs IVV
First Trust Dorsey Wright Momentum & Dividend ETF vs iShares Core S&P 500 ETF
Which is better, DDIV or IVV?
Mid Cap Value against Large Cap Blend.
IVV has a lower expense ratio. DDIV led over 1Y, IVV over 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 39.5%.
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 | DDIV | IVV |
|---|---|---|
| Expense Ratio | 0.60% | 0.03%Best |
| AUM | $75M | $876.4B |
| Dividend Yield | 1.53% | 1.06% |
| Holdings | 102 | 508 |
| YTD Return | +6.95% | +11.03%Best |
| 1Y Return | +16.25%Best | +15.62% |
| 3Y Return (annualized) | +18.39% | +20.81%Best |
| 5Y Return (annualized) | +10.18% | +12.61%Best |
| Volatility (annualized) | 20.1% | 16.9%Best |
| Max Drawdown | -47.5% | -33.9%Best |
| $10,000 over 5 years | $16,237 | $18,109Best |
| Top 10 Weight | 39.5% | 37.8%Best |
| Fund Family | First Trust Portfolios (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Mar 10, 2014 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Sep 5, 2018 to Sep 16, 2026 (8 years).
DDIV 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 8 years both funds cover.
DDIV vs IVV Performance
First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) is an ETF from First Trust Portfolios (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year DDIV returned +16.25% while IVV returned +15.62%. Year to date, DDIV is up 6.95% versus a gain of 11.03% for IVV.
Over three years, DDIV compounded at +18.39% per year against +20.81% for IVV; over five years the annualized figures are +10.18% and +12.61% respectively. Across the full 8-year window we track, IVV has the edge at +13.73% annualized vs +9.13%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DDIV has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 16.9% 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 -47.5% for DDIV and -33.9% 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DDIV 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, DDIV currently yields 1.53% against 1.06% for IVV.
Holdings Overlap
69.6% of DDIV's money is in holdings IVV also owns. 5.7% of IVV's money is in holdings DDIV also owns.
The two portfolios partly overlap.
35 positions in common, counted across the 50 positions we hold weights for in DDIV and 490 in IVV, against full books of 102 and 508.
What only one of them owns
Our book lists 447 positions for IVV that do not appear in our book for DDIV (92.9% of the fund), and 14 for DDIV that do not appear in IVV (28.2%).
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 DDIV | Weight in IVV | Difference |
|---|---|---|---|
| IVZInvesco PLC | 4.42% | 0.02% | 4.40% |
| BENFranklin Resources Inc. | 4.41% | 0.02% | 4.39% |
| SPGSimon Property Group Inc | 4.26% | 0.10% | 4.16% |
| ABBVAbbvie Inc. | 3.14% | 0.68% | 2.46% |
| EIXEdison Intl | 3.76% | 0.03% | 3.73% |
| IRMIron Mtn Inc New Com Npv | 3.43% | 0.05% | 3.38% |
| PFGPrincipalfinancialgroupinc. | 3.37% | 0.03% | 3.34% |
| CFGCitizens Financial Group Inc. | 2.93% | 0.04% | 2.89% |
| UNHUnitedhealth Group Incorporated | 2.37% | 0.53% | 1.84% |
| CVSCvs Corp | 2.70% | 0.18% | 2.52% |
69.6% of DDIV 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, DDIV or IVV?
DDIV 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, DDIV or IVV?
Over the past year DDIV returned +16.25% vs +15.62% for IVV, so DDIV leads on 1-year performance. Over the longest common window we track (8 years), DDIV annualized +9.13% vs +13.73% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DDIV or IVV?
DDIV has been the more volatile fund at 20.1% annualized versus 16.9% for IVV. Worst drawdown: DDIV -47.5% vs IVV -33.9%.
Should I hold both DDIV and IVV?
DDIV and IVV have a monthly-return correlation of 0.83, 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 DDIV and IVV?
69.6% of DDIV's money is in holdings IVV also owns. 5.7% of IVV's is in holdings DDIV also owns. They hold 35 positions in common, counted across the 50 positions we hold weights for in DDIV and 490 in IVV.
Which pays a higher dividend, DDIV or IVV?
DDIV yields 1.53% while IVV yields 1.06%, so DDIV currently pays the higher dividend yield.
Is IVV better than DDIV?
IVV has a lower expense ratio. DDIV led over 1Y, IVV over 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 39.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.