EFAA vs IVV
Invesco MSCI EAFE Income Advantage ETF vs iShares Core S&P 500 ETF
Which is better, EFAA or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
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 | EFAA | IVV |
|---|---|---|
| Expense Ratio | 0.39% | 0.03%Best |
| AUM | $652M | $886.7B |
| Dividend Yield | 8.11% | 1.10% |
| Holdings | 708 | 508 |
| YTD Return | +11.03% | +13.39%Best |
| 1Y Return | +18.85% | +20.08%Best |
| 3Y Return (annualized) | - | +21.29% |
| 5Y Return (annualized) | - | +12.88% |
| Volatility (annualized) | 8.2%Best | 12.1% |
| Max Drawdown | -12.0%Best | -18.8% |
| $10,000 over 2.1 years | $13,534 | $14,101Best |
| Fund Family | Invesco (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 17, 2024 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Jul 17, 2024 to Sep 4, 2026 (2.1 years).
EFAA 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 2.1 years both funds cover.
EFAA vs IVV Performance
Invesco MSCI EAFE Income Advantage ETF (EFAA) is an ETF from Invesco (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year EFAA returned +18.85% while IVV returned +20.08%. Year to date, EFAA is up 11.03% versus a gain of 13.39% 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 12.1% compared with 8.2% for EFAA. 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 -12.0% for EFAA 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 0.53. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EFAA charges 0.39% per year while IVV charges 0.03%. On a $10,000 position that is $39 vs $3 annually, a gap of $36 per year that compounds over a long holding period. On income, EFAA currently yields 8.11% against 1.10% for IVV.
Holdings Overlap
At least 1.5% of IVV's money is in holdings EFAA also owns.
Stated as a floor: for EFAA, our book for it covers 93.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
IVV and EFAA share little of their money.
6 positions in common, counted across the 632 positions we hold weights for in EFAA and 504 in IVV, against full books of 708 and 508.
Top Shared Holdings
| Stock | Weight in EFAA | Weight in IVV | Difference |
|---|---|---|---|
| WFCWells Fargo & Co | 0.36% | 0.41% | 0.05% |
| MSMorgan Stanley | 0.29% | 0.39% | 0.10% |
| MRKMerck & Co. Inc. | 0.08% | 0.48% | 0.40% |
| HONHoneywell International Inc. | 0.10% | 0.12% | 0.02% |
| HBANHuntington Bancshares Inc./Oh | 0.07% | 0.05% | 0.02% |
| UMG:ASUniversal Music Group N.V. Universal Music Group N V | 0.06% | 0.06% | 0.00% |
You are not choosing between two funds in isolation.
Whichever of EFAA 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, EFAA or IVV?
EFAA has an expense ratio of 0.39% while IVV charges 0.03%. IVV is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, EFAA or IVV?
Over the past year EFAA returned +18.85% vs +20.08% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), EFAA annualized +15.50% vs +17.78% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EFAA or IVV?
IVV has been the more volatile fund at 12.1% annualized versus 8.2% for EFAA. Worst drawdown: EFAA -12.0% vs IVV -18.8%.
Should I hold both EFAA and IVV?
EFAA and IVV have a monthly-return correlation of 0.53, 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 EFAA and IVV?
At least 1.5% of IVV's money is in holdings EFAA also owns. Our book for EFAA is partial, so the real figure is this or higher. They hold 6 positions in common, counted across the 632 positions we hold weights for in EFAA and 504 in IVV.
Which pays a higher dividend, EFAA or IVV?
EFAA yields 8.11% while IVV yields 1.10%, so EFAA currently pays the higher dividend yield.
Is IVV better than EFAA?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.