EALT vs IVV
Innovator US Equity 5 to 15 Buffer ETF - Quarterly vs iShares Core S&P 500 ETF
Which is better, EALT or IVV?
Multi Alternative against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93.
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 | EALT | IVV |
|---|---|---|
| Expense Ratio | 0.69% | 0.03%Best |
| AUM | $182M | $882.6B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 23 | 508 |
| YTD Return | +4.66% | +14.82%Best |
| 1Y Return | +7.43% | +18.68%Best |
| 3Y Return (annualized) | +12.82% | +23.30%Best |
| 5Y Return (annualized) | - | +13.99% |
| Volatility (annualized) | 8.7%Best | 12.2% |
| Max Drawdown | -14.8%Best | -18.8% |
| $10,000 over 3 years | $14,429 | $18,809Best |
| Fund Family | Innovator ETFs Trust | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Oct 2, 2023 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 2, 2023 to Oct 12, 2026 (3 years).
EALT 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 3 years both funds cover.
EALT vs IVV Performance
Innovator US Equity 5 to 15 Buffer ETF - Quarterly (EALT) is an ETF from Innovator ETFs Trust and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year EALT returned +7.43% while IVV returned +18.68%. Year to date, EALT is up 4.66% versus a gain of 14.82% for IVV.
Over three years, EALT compounded at +12.82% per year against +23.30% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 8.7% for EALT. 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 -14.8% for EALT and -18.8% 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
EALT charges 0.69% per year while IVV charges 0.03%. On a $10,000 position that is $69 vs $3 annually, a gap of $66 per year that compounds over a long holding period. On income, EALT currently yields 0.00% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 1 holding in EALT and 505 in IVV, totalling 99.8% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in EALT and 505 in IVV, against full books of 23 and 508.
You are not choosing between two funds in isolation.
Whichever of EALT and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EALT or IVV?
EALT has an expense ratio of 0.69% while IVV charges 0.03%. IVV is the cheaper option, by $66 a year on a $10,000 investment.
Which performed better, EALT or IVV?
Over the past year EALT returned +7.43% vs +18.68% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EALT or IVV?
IVV has been the more volatile fund at 12.2% annualized versus 8.7% for EALT. Worst drawdown: EALT -14.8% vs IVV -18.8%.
Should I hold both EALT and IVV?
EALT and IVV have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, EALT or IVV?
EALT yields 0.00% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than EALT?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. Which one suits a particular account depends on what it is for. This is information, not a recommendation.