EFAX vs IVV
State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. EFAX offers more diversification with 671 holdings.
Side-by-Side Comparison
| Metric | EFAX | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.03% | |
| AUM | $518M | $907.0B | |
| Dividend Yield | 3.12% | 1.10% | |
| Holdings | 671 | 508 | |
| YTD Return | +10.85% | +12.96% | |
| 1Y Return | +18.14% | +20.70% | |
| 3Y Return (annualized) | +18.67% | +22.10% | |
| 5Y Return (annualized) | +8.51% | +13.40% | |
| Volatility (annualized) | 15.3% | 15.1% | |
| Max Drawdown | -36.2% | -56.5% | |
| Fund Family | SPDR State Street Global Advisors | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Oct 24, 2016 | May 15, 2000 |
EFAX vs IVV Performance
State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) 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 EFAX returned +18.14% while IVV returned +20.70%. Year to date, EFAX is up 10.85% versus a gain of 12.96% for IVV.
Over three years, EFAX compounded at +18.67% per year against +22.10% for IVV; over five years the annualized figures are +8.51% and +13.40% respectively. Across the full 10-year window we track, EFAX has the edge at +8.09% annualized vs +7.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EFAX has been the more volatile fund, with annualized monthly volatility of 15.3% 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 -36.2% for EFAX 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EFAX charges 0.20% per year while IVV charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, EFAX currently yields 3.12% against 1.10% for IVV.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, EFAX or IVV?
EFAX has an expense ratio of 0.20% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, EFAX or IVV?
Over the past year EFAX returned +18.14% vs +20.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (10 years), EFAX annualized +8.09% vs +7.01% for IVV. Past performance does not guarantee future results.
Which is riskier, EFAX or IVV?
EFAX has been the more volatile fund at 15.3% annualized versus 15.1% for IVV. Worst drawdown: EFAX -36.2% vs IVV -56.5%.
Should I hold both EFAX and IVV?
EFAX and IVV have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EFAX and IVV?
EFAX and IVV share 2 common holdings with a 0.1% weight overlap. Combined, they hold 1132 unique securities.
Which pays a higher dividend, EFAX or IVV?
EFAX yields 3.12% while IVV yields 1.10%, so EFAX currently pays the higher dividend yield.
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