DESK vs IVV
VanEck Office and Commercial REIT 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 | DESK | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.51% | 0.03% | |
| AUM | $14M | $865.2B | |
| Dividend Yield | 4.66% | 1.09% | |
| Holdings | 27 | 508 | |
| YTD Return | +14.92% | +13.72% | |
| 1Y Return | +11.61% | +21.64% | |
| 3Y Return (annualized) | +13.03% | +21.55% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | 22.6% | 15.1% | |
| Max Drawdown | -28.6% | -56.5% | |
| Fund Family | VanEck | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Sep 19, 2023 | May 15, 2000 |
DESK vs IVV Performance
VanEck Office and Commercial REIT ETF (DESK) is a ETF from VanEck and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year DESK returned +11.61% while IVV returned +21.64%. Year to date, DESK is up 14.92% versus a gain of 13.72% for IVV.
Over three years, DESK compounded at +13.03% per year against +21.55% for IVV. Across the full 3-year window we track, DESK has the edge at +13.03% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DESK has been the more volatile fund, with annualized monthly volatility of 22.6% 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 -28.6% for DESK 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 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DESK charges 0.51% per year while IVV charges 0.03%. On a $10,000 position that is $51 vs $3 annually, a gap of $48 per year that compounds over a long holding period. On income, DESK currently yields 4.66% against 1.09% for IVV.
Holdings Overlap
DESK and IVV share 5 holdings out of 525 unique holdings combined, representing a 0.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DESK or IVV?
DESK has an expense ratio of 0.51% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $48 per year of difference.
Which performed better, DESK or IVV?
Over the past year DESK returned +11.61% vs +21.64% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (3 years), DESK annualized +13.03% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, DESK or IVV?
DESK has been the more volatile fund at 22.6% annualized versus 15.1% for IVV. Worst drawdown: DESK -28.6% vs IVV -56.5%.
Should I hold both DESK and IVV?
DESK and IVV have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DESK and IVV?
DESK and IVV share 5 common holdings with a 0.5% weight overlap. Combined, they hold 525 unique securities.
Which pays a higher dividend, DESK or IVV?
DESK yields 4.66% while IVV yields 1.09%, so DESK currently pays the higher dividend yield.
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