DON vs IVV
WisdomTree US MidCap Dividend Fund 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 | DON | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.38% | 0.03% | |
| AUM | $4.0B | $865.2B | |
| Dividend Yield | 2.26% | 1.09% | |
| Holdings | 293 | 508 | |
| YTD Return | +13.30% | +13.43% | |
| 1Y Return | +18.28% | +22.61% | |
| 3Y Return (annualized) | +13.08% | +21.47% | |
| 5Y Return (annualized) | +8.97% | +13.26% | |
| Volatility (annualized) | 18.1% | 15.1% | |
| Max Drawdown | -64.4% | -56.5% | |
| Fund Family | WisdomTree Investments | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jun 16, 2006 | May 15, 2000 |
DON vs IVV Performance
WisdomTree US MidCap Dividend Fund (DON) is a ETF from WisdomTree Investments and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year DON returned +18.28% while IVV returned +22.61%. Year to date, DON is up 13.30% versus a gain of 13.43% for IVV.
Over three years, DON compounded at +13.08% per year against +21.47% for IVV; over five years the annualized figures are +8.97% and +13.26% respectively. Across the full 20-year window we track, DON has the edge at +7.10% annualized vs +7.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DON has been the more volatile fund, with annualized monthly volatility of 18.1% 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 -64.4% for DON 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DON charges 0.38% per year while IVV charges 0.03%. On a $10,000 position that is $38 vs $3 annually, a gap of $35 per year that compounds over a long holding period. On income, DON currently yields 2.26% against 1.09% for IVV.
Holdings Overlap
DON and IVV share 49 holdings out of 742 unique holdings combined, representing a 1.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DON or IVV?
DON has an expense ratio of 0.38% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $35 per year of difference.
Which performed better, DON or IVV?
Over the past year DON returned +18.28% vs +22.61% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (20 years), DON annualized +7.10% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, DON or IVV?
DON has been the more volatile fund at 18.1% annualized versus 15.1% for IVV. Worst drawdown: DON -64.4% vs IVV -56.5%.
Should I hold both DON and IVV?
DON and IVV have a monthly-return correlation of 0.88, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DON and IVV?
DON and IVV share 49 common holdings with a 1.3% weight overlap. Combined, they hold 742 unique securities.
Which pays a higher dividend, DON or IVV?
DON yields 2.26% while IVV yields 1.09%, so DON currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.