DIVZ vs IVV
Polen Dividend Income 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 508 holdings.
Side-by-Side Comparison
| Metric | DIVZ | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.03% | |
| AUM | $305M | $907.0B | |
| Dividend Yield | 2.47% | 1.10% | |
| Holdings | 30 | 508 | |
| YTD Return | +8.28% | +14.29% | |
| 1Y Return | +16.91% | +21.79% | |
| 3Y Return (annualized) | +10.09% | +22.19% | |
| 5Y Return (annualized) | - | +13.28% | |
| Volatility (annualized) | 14.4% | 15.1% | |
| Max Drawdown | -15.4% | -56.5% | |
| Fund Family | TrueShares | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jan 27, 2021 | May 15, 2000 |
DIVZ vs IVV Performance
Polen Dividend Income ETF (DIVZ) is a ETF from TrueShares and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year DIVZ returned +16.91% while IVV returned +21.79%. Year to date, DIVZ is up 8.28% versus a gain of 14.29% for IVV.
Over three years, DIVZ compounded at +10.09% per year against +22.19% for IVV. Across the full 4-year window we track, DIVZ has the edge at +11.13% annualized vs +7.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.4% for DIVZ. 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 -15.4% for DIVZ 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DIVZ 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, DIVZ currently yields 2.47% against 1.10% for IVV.
Holdings Overlap
DIVZ and IVV share 25 holdings out of 510 unique holdings combined, representing a 8.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DIVZ or IVV?
DIVZ 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, DIVZ or IVV?
Over the past year DIVZ returned +16.91% vs +21.79% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), DIVZ annualized +11.13% vs +7.06% for IVV. Past performance does not guarantee future results.
Which is riskier, DIVZ or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 14.4% for DIVZ. Worst drawdown: DIVZ -15.4% vs IVV -56.5%.
Should I hold both DIVZ and IVV?
DIVZ and IVV have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DIVZ and IVV?
DIVZ and IVV share 25 common holdings with a 8.2% weight overlap. Combined, they hold 510 unique securities.
Which pays a higher dividend, DIVZ or IVV?
DIVZ yields 2.47% while IVV yields 1.10%, so DIVZ currently pays the higher dividend yield.
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