ELCV vs IVV
Eventide High Dividend ETF vs iShares Core S&P 500 ETF
Which is better, ELCV or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. ELCV led over 1Y, IVV over the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 39.0%.
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 | ELCV | IVV |
|---|---|---|
| Expense Ratio | 0.49% | 0.03%Best |
| AUM | $271M | $876.4B |
| Dividend Yield | 2.15% | 1.06% |
| Holdings | 46 | 508 |
| YTD Return | +17.28%Best | +11.57% |
| 1Y Return | +21.10%Best | +17.57% |
| 3Y Return (annualized) | - | +20.71% |
| 5Y Return (annualized) | - | +12.80% |
| Volatility (annualized) | 13.6% | 12.9%Best |
| Max Drawdown | -18.4%Best | -18.8% |
| $10,000 over 1.9 years | $12,778 | $13,531Best |
| Top 10 Weight | 39.0% | 37.9%Best |
| Fund Family | Eventide | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Sep 30, 2024 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Oct 1, 2024 to Sep 10, 2026 (1.9 years).
ELCV 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 1.9 years both funds cover.
ELCV vs IVV Performance
Eventide High Dividend ETF (ELCV) is an ETF from Eventide and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year ELCV returned +21.10% while IVV returned +17.57%. Year to date, ELCV is up 17.28% versus a gain of 11.57% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ELCV has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.9% 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 -18.4% for ELCV 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 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ELCV charges 0.49% per year while IVV charges 0.03%. On a $10,000 position that is $49 vs $3 annually, a gap of $46 per year that compounds over a long holding period. On income, ELCV currently yields 2.15% against 1.06% for IVV.
Holdings Overlap
87.5% of ELCV's money is in holdings IVV also owns. 13.1% of IVV's money is in holdings ELCV also owns.
Most of ELCV is already inside IVV. Owning both mostly buys the same companies twice.
40 positions in common, counted across the 46 positions we hold weights for in ELCV and 505 in IVV, against full books of 46 and 508.
What only one of them owns
Our book lists 456 positions for IVV that do not appear in our book for ELCV (86.3% of the fund), and 2 for ELCV that do not appear in IVV (1.6%).
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 ELCV | Weight in IVV | Difference |
|---|---|---|---|
| PLDPrologis Inc | 5.27% | 0.20% | 5.07% |
| AMGNAmgen Inc. | 4.41% | 0.33% | 4.08% |
| AVGOBroadcom Inc | 1.76% | 2.98% | 1.22% |
| ETREntergy Corp. | 4.49% | 0.07% | 4.42% |
| XOMExxon Mobil Corp. | 3.49% | 0.94% | 2.55% |
| WMBWilliams Cos. Inc. | 4.25% | 0.13% | 4.12% |
| DELLDell Technologies Inc. | 3.69% | 0.20% | 3.49% |
| MUMicron Technology, Inc. | 2.12% | 1.51% | 0.61% |
| HDHome Depot Inc/The | 2.99% | 0.53% | 2.46% |
| FITBFifth Third Bancorp | 3.43% | 0.08% | 3.35% |
87.5% of ELCV is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ELCV or IVV?
ELCV has an expense ratio of 0.49% while IVV charges 0.03%. IVV is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, ELCV or IVV?
Over the past year ELCV returned +21.10% vs +17.57% for IVV, so ELCV leads on 1-year performance. Over the longest common window we track (2 years), ELCV annualized +13.77% vs +17.25% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ELCV or IVV?
ELCV has been the more volatile fund at 13.6% annualized versus 12.9% for IVV. Worst drawdown: ELCV -18.4% vs IVV -18.8%.
Should I hold both ELCV and IVV?
ELCV and IVV have a monthly-return correlation of 0.61, 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 ELCV and IVV?
87.5% of ELCV's money is in holdings IVV also owns. 13.1% of IVV's is in holdings ELCV also owns. They hold 40 positions in common, counted across the 46 positions we hold weights for in ELCV and 505 in IVV.
Which pays a higher dividend, ELCV or IVV?
ELCV yields 2.15% while IVV yields 1.06%, so ELCV currently pays the higher dividend yield.
Is IVV better than ELCV?
IVV has a lower expense ratio. ELCV led over 1Y, IVV over the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 39.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.