DIVG vs IVV
Invesco S&P 500 High Dividend Growers ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. DIVG delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | DIVG | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.03% | |
| AUM | $11M | $865.2B | |
| Dividend Yield | 3.08% | 1.09% | |
| Holdings | 103 | 508 | |
| YTD Return | +18.26% | +13.43% | |
| 1Y Return | +24.88% | +22.61% | |
| 3Y Return (annualized) | - | +21.47% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 11.0% | 15.1% | |
| Max Drawdown | -15.0% | -56.5% | |
| Fund Family | Invesco (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Dec 6, 2023 | May 15, 2000 |
DIVG vs IVV Performance
Invesco S&P 500 High Dividend Growers ETF (DIVG) is a ETF from Invesco (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year DIVG returned +24.88% while IVV returned +22.61%. Year to date, DIVG is up 18.26% versus a gain of 13.43% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 11.0% for DIVG. 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 DIVG 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 0.47. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DIVG charges 0.39% per year while IVV charges 0.03%. On a $10,000 position that is $39 vs $3 annually, a gap of $36 per year that compounds over a long holding period. On income, DIVG currently yields 3.08% against 1.09% for IVV.
Holdings Overlap
DIVG and IVV share 98 holdings out of 507 unique holdings combined, representing a 13.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DIVG or IVV?
DIVG has an expense ratio of 0.39% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, DIVG or IVV?
Over the past year DIVG returned +24.88% vs +22.61% for IVV, so DIVG leads on 1-year performance. Over the longest common window we track (3 years), DIVG annualized +19.89% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, DIVG or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 11.0% for DIVG. Worst drawdown: DIVG -15.0% vs IVV -56.5%.
Should I hold both DIVG and IVV?
DIVG and IVV have a monthly-return correlation of 0.47, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DIVG and IVV?
DIVG and IVV share 98 common holdings with a 13.7% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, DIVG or IVV?
DIVG yields 3.08% while IVV yields 1.09%, so DIVG currently pays the higher dividend yield.
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