DJD vs IVV
Invesco Dow Jones Industrial Average Dividend ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. DJD delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | DJD | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.07% | 0.03% | |
| AUM | $502M | $907.0B | |
| Dividend Yield | 2.43% | 1.10% | |
| Holdings | 30 | 508 | |
| YTD Return | +16.36% | +14.29% | |
| 1Y Return | +24.95% | +21.79% | |
| 3Y Return (annualized) | +18.24% | +22.19% | |
| 5Y Return (annualized) | +11.21% | +13.28% | |
| Volatility (annualized) | 14.4% | 15.1% | |
| Max Drawdown | -35.4% | -56.5% | |
| Fund Family | Invesco (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Dec 16, 2015 | May 15, 2000 |
DJD vs IVV Performance
Invesco Dow Jones Industrial Average Dividend ETF (DJD) 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 DJD returned +24.95% while IVV returned +21.79%. Year to date, DJD is up 16.36% versus a gain of 14.29% for IVV.
Over three years, DJD compounded at +18.24% per year against +22.19% for IVV; over five years the annualized figures are +11.21% and +13.28% respectively. Across the full 11-year window we track, DJD has the edge at +10.88% 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 DJD. 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 -35.4% for DJD 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DJD charges 0.07% per year while IVV charges 0.03%. On a $10,000 position that is $7 vs $3 annually, a gap of $4 per year that compounds over a long holding period. On income, DJD currently yields 2.43% against 1.10% for IVV.
Holdings Overlap
DJD and IVV share 28 holdings out of 505 unique holdings combined, representing a 13.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DJD or IVV?
DJD has an expense ratio of 0.07% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, DJD or IVV?
Over the past year DJD returned +24.95% vs +21.79% for IVV, so DJD leads on 1-year performance. Over the longest common window we track (11 years), DJD annualized +10.88% vs +7.06% for IVV. Past performance does not guarantee future results.
Which is riskier, DJD or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 14.4% for DJD. Worst drawdown: DJD -35.4% vs IVV -56.5%.
Should I hold both DJD and IVV?
DJD and IVV have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DJD and IVV?
DJD and IVV share 28 common holdings with a 13.8% weight overlap. Combined, they hold 505 unique securities.
Which pays a higher dividend, DJD or IVV?
DJD yields 2.43% while IVV yields 1.10%, so DJD currently pays the higher dividend yield.
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