EMGF vs IVV
iShares Emerging Markets Equity Factor ETF vs iShares Core S&P 500 ETF
Which is better, EMGF or IVV?
Each has led over a different period.
IVV has a lower expense ratio. EMGF led over 1Y and 3Y, IVV over 5Y and the full window. EMGF is less concentrated, with 31.2% 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 | EMGF | IVV |
|---|---|---|
| Expense Ratio | 0.26% | 0.03%Best |
| AUM | $1.9B | $876.4B |
| Dividend Yield | 2.00% | 1.06% |
| Holdings | 702 | 508 |
| YTD Return | +22.36%Best | +13.32% |
| 1Y Return | +29.95%Best | +17.08% |
| 3Y Return (annualized) | +25.20%Best | +22.72% |
| 5Y Return (annualized) | +10.38% | +13.20%Best |
| Volatility (annualized) | 16.9% | 15.1%Best |
| Max Drawdown | -40.2% | -33.9%Best |
| $10,000 over 5 years | $16,385 | $18,588Best |
| Top 10 Weight | 31.2%Best | 37.8% |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 8, 2015 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Dec 10, 2015 to Sep 23, 2026 (10.8 years).
EMGF 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 10.8 years both funds cover.
EMGF vs IVV Performance
iShares Emerging Markets Equity Factor ETF (EMGF) is an ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year EMGF returned +29.95% while IVV returned +17.08%. Year to date, EMGF is up 22.36% versus a gain of 13.32% for IVV.
Over three years, EMGF compounded at +25.20% per year against +22.72% for IVV; over five years the annualized figures are +10.38% and +13.20% respectively. Across the full 11-year window we track, IVV has the edge at +13.80% annualized vs +10.46%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EMGF has been the more volatile fund, with annualized monthly volatility of 16.9% 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 -40.2% for EMGF and -33.9% 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
EMGF charges 0.26% per year while IVV charges 0.03%. On a $10,000 position that is $26 vs $3 annually, a gap of $23 per year that compounds over a long holding period. On income, EMGF currently yields 2.00% against 1.06% for IVV.
Holdings Overlap
0.6% of EMGF's money is in holdings IVV also owns. 0.2% of IVV's money is in holdings EMGF also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 630 positions we hold weights for in EMGF and 490 in IVV, against full books of 702 and 508.
What only one of them owns
Our book lists 480 positions for IVV that do not appear in our book for EMGF (98.4% of the fund), and 11 for EMGF that do not appear in IVV (8.5%).
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.
You are not choosing between two funds in isolation.
Whichever of EMGF 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, EMGF or IVV?
EMGF has an expense ratio of 0.26% while IVV charges 0.03%. IVV is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, EMGF or IVV?
Over the past year EMGF returned +29.95% vs +17.08% for IVV, so EMGF leads on 1-year performance. Over the longest common window we track (11 years), EMGF annualized +10.46% vs +13.80% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EMGF or IVV?
EMGF has been the more volatile fund at 16.9% annualized versus 15.1% for IVV. Worst drawdown: EMGF -40.2% vs IVV -33.9%.
Should I hold both EMGF and IVV?
EMGF 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, EMGF or IVV?
EMGF yields 2.00% while IVV yields 1.06%, so EMGF currently pays the higher dividend yield.
Is IVV better than EMGF?
IVV has a lower expense ratio. EMGF led over 1Y and 3Y, IVV over 5Y and the full window. EMGF is less concentrated, with 31.2% 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.