DFIP vs IVV
Dimensional Inflation-Protected Securities ETF vs iShares Core S&P 500 ETF
Which is better, DFIP or IVV?
Inflation Protection against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 82.2%.
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 | DFIP | IVV |
|---|---|---|
| Expense Ratio | 0.11% | 0.03%Best |
| AUM | $1.1B | $876.4B |
| Dividend Yield | 5.82% | 1.06% |
| Holdings | 21 | 508 |
| YTD Return | -0.76% | +12.27%Best |
| 1Y Return | -1.46% | +17.04%Best |
| 3Y Return (annualized) | +3.84% | +21.24%Best |
| 5Y Return (annualized) | - | +13.08% |
| Volatility (annualized) | 6.8%Best | 15.7% |
| Max Drawdown | -15.0%Best | -24.5% |
| $10,000 over 4.8 years | $9,890 | $17,317Best |
| Top 10 Weight | 82.2% | 37.8%Best |
| Fund Family | Dimensional | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | Inflation Protection | Large Cap Blend |
| Inception | Nov 15, 2021 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Nov 16, 2021 to Sep 17, 2026 (4.8 years).
DFIP 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 4.8 years both funds cover.
DFIP vs IVV Performance
Dimensional Inflation-Protected Securities ETF (DFIP) is an ETF from Dimensional and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year DFIP returned -1.46% while IVV returned +17.04%. Year to date, DFIP is down 0.76% versus a gain of 12.27% for IVV.
Over three years, DFIP compounded at +3.84% per year against +21.24% 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 15.7% compared with 6.8% for DFIP. 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 -15.0% for DFIP and -24.5% 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DFIP charges 0.11% per year while IVV charges 0.03%. On a $10,000 position that is $11 vs $3 annually, a gap of $8 per year that compounds over a long holding period. On income, DFIP currently yields 5.82% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 19 holdings in DFIP and 490 in IVV, totalling 99.5% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 19 positions we hold weights for in DFIP and 490 in IVV, against full books of 21 and 508.
What only one of them owns
Measured across the 19 and 490 positions we hold weights for.
IVV holds 482 positions DFIP does not, 98.6% of the fund.
Largest: NVDA 8.07%, AAPL 7.02%, MSFT 5.69%, AMZN 3.84%, GOOGL 3.00%
You are not choosing between two funds in isolation.
Whichever of DFIP and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DFIP or IVV?
DFIP has an expense ratio of 0.11% while IVV charges 0.03%. IVV is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, DFIP or IVV?
Over the past year DFIP returned -1.46% vs +17.04% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFIP or IVV?
IVV has been the more volatile fund at 15.7% annualized versus 6.8% for DFIP. Worst drawdown: DFIP -15.0% vs IVV -24.5%.
Should I hold both DFIP and IVV?
DFIP and IVV have a monthly-return correlation of 0.69, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DFIP or IVV?
DFIP yields 5.82% while IVV yields 1.06%, so DFIP currently pays the higher dividend yield.
Is IVV better than DFIP?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 82.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.