EFRA vs IVV
iShares Environmental Infrastructure and Industrials 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 | EFRA | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.47% | 0.03% | |
| AUM | $6M | $907.0B | |
| Dividend Yield | 4.07% | 1.10% | |
| Holdings | 101 | 508 | |
| YTD Return | +9.05% | +13.22% | |
| 1Y Return | +10.61% | +21.62% | |
| 3Y Return (annualized) | +12.88% | +22.17% | |
| 5Y Return (annualized) | - | +13.42% | |
| Volatility (annualized) | 15.3% | 15.1% | |
| Max Drawdown | -17.9% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Nov 1, 2022 | May 15, 2000 |
EFRA vs IVV Performance
iShares Environmental Infrastructure and Industrials ETF (EFRA) is a ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year EFRA returned +10.61% while IVV returned +21.62%. Year to date, EFRA is up 9.05% versus a gain of 13.22% for IVV.
Over three years, EFRA compounded at +12.88% per year against +22.17% for IVV. Across the full 4-year window we track, EFRA has the edge at +13.89% annualized vs +7.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EFRA 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 -17.9% for EFRA 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EFRA charges 0.47% per year while IVV charges 0.03%. On a $10,000 position that is $47 vs $3 annually, a gap of $44 per year that compounds over a long holding period. On income, EFRA currently yields 4.07% against 1.10% for IVV.
Holdings Overlap
EFRA and IVV share 6 holdings out of 579 unique holdings combined, representing a 0.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EFRA or IVV?
EFRA has an expense ratio of 0.47% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $44 per year of difference.
Which performed better, EFRA or IVV?
Over the past year EFRA returned +10.61% vs +21.62% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), EFRA annualized +13.89% vs +7.02% for IVV. Past performance does not guarantee future results.
Which is riskier, EFRA or IVV?
EFRA has been the more volatile fund at 15.3% annualized versus 15.1% for IVV. Worst drawdown: EFRA -17.9% vs IVV -56.5%.
Should I hold both EFRA and IVV?
EFRA and IVV have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EFRA and IVV?
EFRA and IVV share 6 common holdings with a 0.3% weight overlap. Combined, they hold 579 unique securities.
Which pays a higher dividend, EFRA or IVV?
EFRA yields 4.07% while IVV yields 1.10%, so EFRA currently pays the higher dividend yield.
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