DIVE vs IVV
Dana Concentrated Dividend 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 | DIVE | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.03% | |
| AUM | $46M | $865.2B | |
| Dividend Yield | 1.10% | 1.09% | |
| Holdings | 35 | 508 | |
| YTD Return | +7.93% | +13.80% | |
| 1Y Return | +11.14% | +23.70% | |
| 3Y Return (annualized) | - | +21.49% | |
| 5Y Return (annualized) | - | +13.43% | |
| Volatility (annualized) | - | 15.1% | |
| Max Drawdown | -11.4% | -56.5% | |
| Fund Family | Dana Investment Advisors | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Sep 15, 2025 | May 15, 2000 |
DIVE vs IVV Performance
Dana Concentrated Dividend ETF (DIVE) is a ETF from Dana Investment Advisors and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year DIVE returned +11.14% while IVV returned +23.70%. Year to date, DIVE is up 7.93% versus a gain of 13.80% for IVV.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -11.4% for DIVE and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
DIVE charges 0.65% per year while IVV charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, DIVE currently yields 1.10% against 1.09% for IVV.
Holdings Overlap
DIVE and IVV share 26 holdings out of 513 unique holdings combined, representing a 12.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DIVE or IVV?
DIVE has an expense ratio of 0.65% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, DIVE or IVV?
Over the past year DIVE returned +11.14% vs +23.70% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results.
What is the holdings overlap between DIVE and IVV?
DIVE and IVV share 26 common holdings with a 12.9% weight overlap. Combined, they hold 513 unique securities.
Which pays a higher dividend, DIVE or IVV?
DIVE yields 1.10% while IVV yields 1.09%, so DIVE currently pays the higher dividend yield.
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