EBIT vs IVV
Harbor AlphaEdge Small Cap Earners ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. EBIT delivered stronger 1-year returns. EBIT offers more diversification with 642 holdings.
Side-by-Side Comparison
| Metric | EBIT | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.03% | |
| AUM | $12M | $907.0B | |
| Dividend Yield | 1.68% | 1.10% | |
| Holdings | 642 | 508 | |
| YTD Return | +20.91% | +14.29% | |
| 1Y Return | +25.61% | +21.79% | |
| 3Y Return (annualized) | - | +22.19% | |
| 5Y Return (annualized) | - | +13.28% | |
| Volatility (annualized) | 15.8% | 15.1% | |
| Max Drawdown | -26.6% | -56.5% | |
| Fund Family | Harbor Funds | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jul 8, 2024 | May 15, 2000 |
EBIT vs IVV Performance
Harbor AlphaEdge Small Cap Earners ETF (EBIT) is a ETF from Harbor Funds and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year EBIT returned +25.61% while IVV returned +21.79%. Year to date, EBIT is up 20.91% versus a gain of 14.29% for IVV.
Risk: Volatility and Drawdowns
EBIT has been the more volatile fund, with annualized monthly volatility of 15.8% 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 -26.6% for EBIT 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 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EBIT charges 0.29% per year while IVV charges 0.03%. On a $10,000 position that is $29 vs $3 annually, a gap of $26 per year that compounds over a long holding period. On income, EBIT currently yields 1.68% against 1.10% for IVV.
Holdings Overlap
EBIT and IVV share 0 holdings out of 1146 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, EBIT or IVV?
EBIT has an expense ratio of 0.29% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, EBIT or IVV?
Over the past year EBIT returned +25.61% vs +21.79% for IVV, so EBIT leads on 1-year performance. Over the longest common window we track (2 years), EBIT annualized +17.64% vs +7.06% for IVV. Past performance does not guarantee future results.
Which is riskier, EBIT or IVV?
EBIT has been the more volatile fund at 15.8% annualized versus 15.1% for IVV. Worst drawdown: EBIT -26.6% vs IVV -56.5%.
Should I hold both EBIT and IVV?
EBIT and IVV have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EBIT and IVV?
EBIT and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1146 unique securities.
Which pays a higher dividend, EBIT or IVV?
EBIT yields 1.68% while IVV yields 1.10%, so EBIT currently pays the higher dividend yield.
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