DVYE vs IVV
iShares Emerging Markets Dividend ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. DVYE delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | DVYE | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.03% | |
| AUM | $1.2B | $907.0B | |
| Dividend Yield | 4.79% | 1.10% | |
| Holdings | 142 | 508 | |
| YTD Return | +11.94% | +13.22% | |
| 1Y Return | +24.27% | +21.62% | |
| 3Y Return (annualized) | +22.88% | +22.17% | |
| 5Y Return (annualized) | +6.90% | +13.42% | |
| Volatility (annualized) | 17.2% | 15.1% | |
| Max Drawdown | -55.4% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Feb 23, 2012 | May 15, 2000 |
DVYE vs IVV Performance
iShares Emerging Markets Dividend ETF (DVYE) is a ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year DVYE returned +24.27% while IVV returned +21.62%. Year to date, DVYE is up 11.94% versus a gain of 13.22% for IVV.
Over three years, DVYE compounded at +22.88% per year against +22.17% for IVV; over five years the annualized figures are +6.90% and +13.42% respectively. Across the full 15-year window we track, IVV has the edge at +7.02% annualized vs -0.08%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DVYE has been the more volatile fund, with annualized monthly volatility of 17.2% 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 -55.4% for DVYE 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DVYE charges 0.50% per year while IVV charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, DVYE currently yields 4.79% against 1.10% for IVV.
Holdings Overlap
DVYE and IVV share 1 holdings out of 612 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in DVYE | Weight in IVV | Difference |
|---|---|---|---|
| XTSLA | 0.30% | 0.15% | 0.15% |
Frequently Asked Questions
Which is cheaper, DVYE or IVV?
DVYE has an expense ratio of 0.50% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, DVYE or IVV?
Over the past year DVYE returned +24.27% vs +21.62% for IVV, so DVYE leads on 1-year performance. Over the longest common window we track (15 years), DVYE annualized -0.08% vs +7.02% for IVV. Past performance does not guarantee future results.
Which is riskier, DVYE or IVV?
DVYE has been the more volatile fund at 17.2% annualized versus 15.1% for IVV. Worst drawdown: DVYE -55.4% vs IVV -56.5%.
Should I hold both DVYE and IVV?
DVYE and IVV have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DVYE and IVV?
DVYE and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 612 unique securities.
Which pays a higher dividend, DVYE or IVV?
DVYE yields 4.79% while IVV yields 1.10%, so DVYE currently pays the higher dividend yield.
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