EHI vs IVV
Western Asset Global High Income Fund Inc vs iShares Core S&P 500 ETF
Which is better, EHI or IVV?
High Yield Bond against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. EHI is less concentrated, with 13.8% of the fund in its ten largest positions against 37.8%.
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 | EHI | IVV |
|---|---|---|
| Expense Ratio | 1.89% | 0.03%Best |
| AUM | $192M | $876.4B |
| Dividend Yield | 13.19% | 1.06% |
| Holdings | 398 | 508 |
| YTD Return | -4.93% | +11.03%Best |
| 1Y Return | -4.58% | +15.62%Best |
| 3Y Return (annualized) | +4.73% | +20.81%Best |
| 5Y Return (annualized) | -0.83% | +12.61%Best |
| Volatility (annualized) | 16.3% | 14.6%Best |
| Max Drawdown | -66.1% | -56.5%Best |
| $10,000 over 5 years | $9,592 | $18,109Best |
| Top 10 Weight | 13.8%Best | 37.8% |
| Fund Family | Franklin Templeton Investments (US) | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Blend |
| Inception | Jul 29, 2003 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Sep 3, 2003 to Sep 16, 2026 (23 years).
EHI 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
EHI vs IVV Performance
Western Asset Global High Income Fund Inc (EHI) is an ETF from Franklin Templeton Investments (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year EHI returned -4.58% while IVV returned +15.62%. Year to date, EHI is down 4.93% versus a gain of 11.03% for IVV.
Over three years, EHI compounded at +4.73% per year against +20.81% for IVV; over five years the annualized figures are -0.83% and +12.61% respectively. Across the full 23-year window we track, IVV has the edge at +9.40% annualized vs -1.49%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EHI has been the more volatile fund, with annualized monthly volatility of 16.3% compared with 14.6% 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 -66.1% for EHI and -56.5% 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EHI charges 1.89% per year while IVV charges 0.03%. On a $10,000 position that is $189 vs $3 annually, a gap of $186 per year that compounds over a long holding period. On income, EHI currently yields 13.19% against 1.06% for IVV.
Holdings Overlap
0.1% of EHI's money is in holdings IVV also owns. 0.3% of IVV's money is in holdings EHI also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
The two holdings books were reported 276 days apart, EHI as of Nov 28, 2025 and IVV as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 259 positions we hold weights for in EHI and 490 in IVV, against full books of 398 and 508.
What only one of them owns
Our book lists 481 positions for IVV that do not appear in our book for EHI (98.3% of the fund), and 256 for EHI that do not appear in IVV (101.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in EHI | Weight in IVV | Difference |
|---|---|---|---|
| CCitigroup Inc 6.875 11/73 6.88 2173-11-15 | 0.13% | 0.34% | 0.21% |
You are not choosing between two funds in isolation.
Whichever of EHI 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, EHI or IVV?
EHI has an expense ratio of 1.89% while IVV charges 0.03%. IVV is the cheaper option, by $186 a year on a $10,000 investment.
Which performed better, EHI or IVV?
Over the past year EHI returned -4.58% vs +15.62% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (23 years), EHI annualized -1.49% vs +9.40% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EHI or IVV?
EHI has been the more volatile fund at 16.3% annualized versus 14.6% for IVV. Worst drawdown: EHI -66.1% vs IVV -56.5%.
Should I hold both EHI and IVV?
EHI and IVV have a monthly-return correlation of 0.69, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, EHI or IVV?
EHI yields 13.19% while IVV yields 1.06%, so EHI currently pays the higher dividend yield.
Is IVV better than EHI?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. EHI is less concentrated, with 13.8% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.