DNP vs IVV

DNP vs IVV

Which is better, DNP or IVV?

Large Cap Value against Large Cap Blend.

IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.

Lower Fees: IVVHigher Returns: IVV

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

MetricDNPIVV
Expense Ratio1.77%0.03%Best
AUM$3.7B$886.7B
Dividend Yield8.00%1.10%
Holdings131508
YTD Return+13.04%Best+12.70%
1Y Return+17.76%+19.36%Best
3Y Return (annualized)+10.86%+21.16%Best
5Y Return (annualized)+7.71%+12.75%Best
Volatility (annualized)15.3%15.1%Best
Max Drawdown-54.8%Best-56.5%
$10,000 over 5 years$14,497$18,221Best
Fund FamilyDuff & Phelps Investment Management Co.iShares by BlackRock (US)
CategoryEquityEquity
StyleLarge Cap ValueLarge Cap Blend
InceptionJan 21, 1987May 15, 2000

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: May 19, 2000 to Sep 8, 2026 (26.3 years).

DNP 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 26.3 years both funds cover.

DNP vs IVV Performance

DNP Select Income Fund Inc. (DNP) is an ETF from Duff & Phelps Investment Management Co. and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year DNP returned +17.76% while IVV returned +19.36%. Year to date, DNP is up 13.04% versus a gain of 12.70% for IVV.

Over three years, DNP compounded at +10.86% per year against +21.16% for IVV; over five years the annualized figures are +7.71% and +12.75% respectively. Across the full 26-year window we track, IVV has the edge at +6.98% annualized vs +2.29%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

DNP has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 15.1% for IVV. 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 -54.8% for DNP and -56.5% 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 0.37. They move together some of the time, and apart the rest.

Fees and Cost Over Time

DNP charges 1.77% per year while IVV charges 0.03%. On a $10,000 position that is $177 vs $3 annually, a gap of $174 per year that compounds over a long holding period. On income, DNP currently yields 8.00% against 1.10% for IVV.

Holdings Overlap

IVV already in DNP2.9%

At least 2.9% of IVV's money is in holdings DNP also owns.

Only one direction is shown: for DNP, our book for it lists positions totalling 127.3% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.

IVV and DNP share little of their money.

The two holdings books were reported 187 days apart, DNP as of Jan 30, 2026 and IVV as of Aug 5, 2026, so some of the difference between them is the time between the two reports rather than the funds.

33 positions in common, counted across the 122 positions we hold weights for in DNP and 504 in IVV, against full books of 131 and 508.

Top Shared Holdings

StockWeight in DNPWeight in IVVDifference
XELXcel Energy Inc.3.72%0.07%3.65%
SRESempra3.52%0.08%3.44%
CNPCenterpoint Energy Inc3.40%0.04%3.36%
ETREntergy Corp.3.18%0.07%3.11%
AEEAmeren Corp.3.11%0.05%3.06%
NEENextera Energy Inc2.77%0.27%2.50%
NINisource Inc Preferred Stock Var2.98%0.03%2.95%
LNTAlliant Energy Corp.2.89%0.03%2.86%
EVRGEvergy Inc.2.88%0.03%2.85%
CMSCms Energy Corp.2.66%0.03%2.63%

You are not choosing between two funds in isolation.

Whichever of DNP and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

DNPIVV

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, DNP or IVV?

DNP has an expense ratio of 1.77% while IVV charges 0.03%. IVV is the cheaper option, by $174 a year on a $10,000 investment.

Which performed better, DNP or IVV?

Over the past year DNP returned +17.76% vs +19.36% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (26 years), DNP annualized +2.29% vs +6.98% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, DNP or IVV?

DNP has been the more volatile fund at 15.3% annualized versus 15.1% for IVV. Worst drawdown: DNP -54.8% vs IVV -56.5%.

Should I hold both DNP and IVV?

DNP and IVV have a monthly-return correlation of 0.37, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between DNP and IVV?

At least 2.9% of IVV's money is in holdings DNP also owns. Our book for DNP is partial, so the real figure is this or higher. They hold 33 positions in common, counted across the 122 positions we hold weights for in DNP and 504 in IVV.

Which pays a higher dividend, DNP or IVV?

DNP yields 8.00% while IVV yields 1.10%, so DNP currently pays the higher dividend yield.

Is IVV better than DNP?

IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.