EHLS vs IVV
Even Herd Long Short 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 505 holdings.
Side-by-Side Comparison
| Metric | EHLS | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 2.62% | 0.03% | |
| AUM | $58M | $865.2B | |
| Dividend Yield | 0.00% | 1.09% | |
| Holdings | 317 | 508 | |
| YTD Return | +8.85% | +13.43% | |
| 1Y Return | +14.85% | +22.61% | |
| 3Y Return (annualized) | - | +21.47% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 14.6% | 15.1% | |
| Max Drawdown | -19.0% | -56.5% | |
| Fund Family | EVENHERD | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Apr 1, 2024 | May 15, 2000 |
EHLS vs IVV Performance
Even Herd Long Short ETF (EHLS) is a ETF from EVENHERD and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year EHLS returned +14.85% while IVV returned +22.61%. Year to date, EHLS is up 8.85% versus a gain of 13.43% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.6% for EHLS. 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 -19.0% for EHLS 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 0.67. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EHLS charges 2.62% per year while IVV charges 0.03%. On a $10,000 position that is $262 vs $3 annually, a gap of $259 per year that compounds over a long holding period. On income, EHLS currently yields 0.00% against 1.09% for IVV.
Holdings Overlap
EHLS and IVV share 36 holdings out of 700 unique holdings combined, representing a 6.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EHLS or IVV?
EHLS has an expense ratio of 2.62% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $259 per year of difference.
Which performed better, EHLS or IVV?
Over the past year EHLS returned +14.85% vs +22.61% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), EHLS annualized +12.65% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, EHLS or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 14.6% for EHLS. Worst drawdown: EHLS -19.0% vs IVV -56.5%.
Should I hold both EHLS and IVV?
EHLS and IVV have a monthly-return correlation of 0.67, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EHLS and IVV?
EHLS and IVV share 36 common holdings with a 6.0% weight overlap. Combined, they hold 700 unique securities.
Which pays a higher dividend, EHLS or IVV?
EHLS yields 0.00% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.