EDIV vs IVV
State Street SPDR S&P Emerging Markets Dividend ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | EDIV | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.03% | |
| AUM | $1.2B | $907.0B | |
| Dividend Yield | 4.19% | 1.10% | |
| Holdings | 139 | 508 | |
| YTD Return | +8.51% | +12.96% | |
| 1Y Return | +11.56% | +20.70% | |
| 3Y Return (annualized) | +16.98% | +22.10% | |
| 5Y Return (annualized) | +11.83% | +13.40% | |
| Volatility (annualized) | 17.1% | 15.1% | |
| Max Drawdown | -64.1% | -56.5% | |
| Fund Family | SPDR State Street Global Advisors | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Feb 23, 2011 | May 15, 2000 |
EDIV vs IVV Performance
State Street SPDR S&P Emerging Markets Dividend ETF (EDIV) is a ETF from SPDR State Street Global Advisors and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year EDIV returned +11.56% while IVV returned +20.70%. Year to date, EDIV is up 8.51% versus a gain of 12.96% for IVV.
Over three years, EDIV compounded at +16.98% per year against +22.10% for IVV; over five years the annualized figures are +11.83% and +13.40% respectively. Across the full 16-year window we track, IVV has the edge at +7.01% annualized vs +0.31%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EDIV has been the more volatile fund, with annualized monthly volatility of 17.1% 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 -64.1% for EDIV 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 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EDIV charges 0.49% per year while IVV charges 0.03%. On a $10,000 position that is $49 vs $3 annually, a gap of $46 per year that compounds over a long holding period. On income, EDIV currently yields 4.19% against 1.10% for IVV.
Holdings Overlap
EDIV and IVV share 1 holdings out of 608 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 EDIV | Weight in IVV | Difference |
|---|---|---|---|
| TEL | 0.25% | 0.09% | 0.16% |
Frequently Asked Questions
Which is cheaper, EDIV or IVV?
EDIV has an expense ratio of 0.49% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $46 per year of difference.
Which performed better, EDIV or IVV?
Over the past year EDIV returned +11.56% vs +20.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (16 years), EDIV annualized +0.31% vs +7.01% for IVV. Past performance does not guarantee future results.
Which is riskier, EDIV or IVV?
EDIV has been the more volatile fund at 17.1% annualized versus 15.1% for IVV. Worst drawdown: EDIV -64.1% vs IVV -56.5%.
Should I hold both EDIV and IVV?
EDIV and IVV have a monthly-return correlation of 0.61, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EDIV and IVV?
EDIV and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 608 unique securities.
Which pays a higher dividend, EDIV or IVV?
EDIV yields 4.19% while IVV yields 1.10%, so EDIV currently pays the higher dividend yield.
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