DWLD vs IVV
Davis Select Worldwide ETF vs iShares Core S&P 500 ETF
Which is better, DWLD or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. DWLD is less concentrated, with 25.6% of the fund in its ten largest positions against 37.8%.
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
| Metric | DWLD | IVV |
|---|---|---|
| Expense Ratio | 0.62% | 0.03%Best |
| AUM | $598M | $876.4B |
| Dividend Yield | 0.89% | 1.06% |
| Holdings | 40 | 508 |
| YTD Return | -5.56% | +12.53%Best |
| 1Y Return | -1.30% | +15.78%Best |
| 3Y Return (annualized) | +18.66% | +22.89%Best |
| 5Y Return (annualized) | +9.44% | +13.77%Best |
| Volatility (annualized) | 18.7% | 15.7%Best |
| Max Drawdown | -39.3% | -33.9%Best |
| $10,000 over 5 years | $15,699 | $19,061Best |
| Top 10 Weight | 25.6%Best | 37.8% |
| Fund Family | Davis ETFs | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 11, 2017 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Jan 12, 2017 to Sep 30, 2026 (9.7 years).
DWLD 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 9.7 years both funds cover.
DWLD vs IVV Performance
Davis Select Worldwide ETF (DWLD) is an ETF from Davis ETFs and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year DWLD returned -1.30% while IVV returned +15.78%. Year to date, DWLD is down 5.56% versus a gain of 12.53% for IVV.
Over three years, DWLD compounded at +18.66% per year against +22.89% for IVV; over five years the annualized figures are +9.44% and +13.77% respectively. Across the full 10-year window we track, IVV has the edge at +14.22% annualized vs +9.77%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DWLD has been the more volatile fund, with annualized monthly volatility of 18.7% compared with 15.7% 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 -39.3% for DWLD and -33.9% 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DWLD charges 0.62% per year while IVV charges 0.03%. On a $10,000 position that is $62 vs $3 annually, a gap of $59 per year that compounds over a long holding period. On income, DWLD currently yields 0.89% against 1.06% for IVV.
Holdings Overlap
65.7% of DWLD's money is in holdings IVV also owns. 96.7% of IVV's money is in holdings DWLD also owns.
Most of IVV is already inside DWLD. Owning both mostly buys the same companies twice.
423 positions in common, counted across the 1,428 positions we hold weights for in DWLD and 490 in IVV, against full books of 40 and 508.
What only one of them owns
Our book lists 65 positions for IVV that do not appear in our book for DWLD (2.5% of the fund), and 69 for DWLD that do not appear in IVV (2.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DWLD | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.28% | 8.07% | 2.79% |
| AAPLApple, Inc | 4.89% | 7.02% | 2.13% |
| MSFTMicrosoft Corp | 3.88% | 5.69% | 1.81% |
| AMZNAmazon.Com Inc | 2.57% | 3.84% | 1.27% |
| GOOGLAlphabet Inc,class A | 2.03% | 3.00% | 0.97% |
| AVGOBroadcom Inc | 1.78% | 2.65% | 0.87% |
| GOOGAlphabet Inc | 1.64% | 2.39% | 0.75% |
| METAMeta Platforms Inc | 1.32% | 1.90% | 0.58% |
| MUMicron Technology, Inc. | 1.09% | 1.63% | 0.54% |
| TSLATesla Inc | 1.07% | 1.56% | 0.49% |
96.7% of IVV is already inside DWLD.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DWLD or IVV?
DWLD has an expense ratio of 0.62% while IVV charges 0.03%. IVV is the cheaper option, by $59 a year on a $10,000 investment.
Which performed better, DWLD or IVV?
Over the past year DWLD returned -1.30% vs +15.78% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (10 years), DWLD annualized +9.77% vs +14.22% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DWLD or IVV?
DWLD has been the more volatile fund at 18.7% annualized versus 15.7% for IVV. Worst drawdown: DWLD -39.3% vs IVV -33.9%.
Should I hold both DWLD and IVV?
DWLD and IVV have a monthly-return correlation of 0.79, 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 DWLD and IVV?
96.7% of IVV's money is in holdings DWLD also owns. 96.7% of IVV's is in holdings DWLD also owns. They hold 423 positions in common, counted across the 1,428 positions we hold weights for in DWLD and 490 in IVV.
Which pays a higher dividend, DWLD or IVV?
DWLD yields 0.89% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than DWLD?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. DWLD is less concentrated, with 25.6% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.