DVXV vs IVV

Quick Verdict

IVV has a lower expense ratio. DVXV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: DVXVMore Diversified: IVV

Side-by-Side Comparison

MetricDVXVIVVWinner
Expense Ratio0.89%0.03%
AUM$491,839$865.2B
Dividend Yield0.00%1.09%
Holdings2508
YTD Return+8.26%+13.80%
1Y Return+44.99%+23.01%
3Y Return (annualized)-+21.77%
5Y Return (annualized)-+13.39%
Volatility (annualized)21.8%15.1%
Max Drawdown-14.4%-56.5%
Fund FamilyWEBs InvestmentsiShares by BlackRock (US)
CategoryEquityEquity
InceptionJul 22, 2025May 15, 2000

DVXV vs IVV Performance

WEBs Health Care XLV Defined Volatility ETF (DVXV) is a ETF from WEBs Investments and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year DVXV returned +44.99% while IVV returned +23.01%. Year to date, DVXV is up 8.26% versus a gain of 13.80% for IVV.

Risk: Volatility and Drawdowns

DVXV has been the more volatile fund, with annualized monthly volatility of 21.8% 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 -14.4% for DVXV 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 0.12. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

DVXV charges 0.89% per year while IVV charges 0.03%. On a $10,000 position that is $89 vs $3 annually, a gap of $86 per year that compounds over a long holding period. On income, DVXV currently yields 0.00% against 1.09% for IVV.

Holdings Overlap

0.0%overlap

DVXV and IVV share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, DVXV or IVV?

DVXV has an expense ratio of 0.89% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $86 per year of difference.

Which performed better, DVXV or IVV?

Over the past year DVXV returned +44.99% vs +23.01% for IVV, so DVXV leads on 1-year performance. Over the longest common window we track (1 years), DVXV annualized +35.04% vs +7.04% for IVV. Past performance does not guarantee future results.

Which is riskier, DVXV or IVV?

DVXV has been the more volatile fund at 21.8% annualized versus 15.1% for IVV. Worst drawdown: DVXV -14.4% vs IVV -56.5%.

Should I hold both DVXV and IVV?

DVXV and IVV have a monthly-return correlation of 0.12, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between DVXV and IVV?

DVXV and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.

Which pays a higher dividend, DVXV or IVV?

DVXV yields 0.00% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.

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