EPMV vs IVV
Harbor Mid Cap Value ETF vs iShares Core S&P 500 ETF
Which is better, EPMV or IVV?
Mid Cap Value against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window. EPMV is less concentrated, with 25.3% 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 | EPMV | IVV |
|---|---|---|
| Expense Ratio | 0.88% | 0.03%Best |
| AUM | $5M | $876.4B |
| Dividend Yield | 1.26% | 1.06% |
| Holdings | 61 | 508 |
| YTD Return | +11.37% | +12.39%Best |
| 1Y Return | +14.89% | +16.61%Best |
| 3Y Return (annualized) | - | +21.38% |
| 5Y Return (annualized) | - | +13.51% |
| Volatility (annualized) | 12.6% | 12.0%Best |
| Max Drawdown | -8.8%Best | -8.9% |
| $10,000 over 1.4 years | $12,879 | $13,741Best |
| Top 10 Weight | 25.3%Best | 37.8% |
| Fund Family | Harbor Funds | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | May 1, 2025 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: May 2, 2025 to Sep 18, 2026 (1.4 years).
EPMV 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 1.4 years both funds cover.
EPMV vs IVV Performance
Harbor Mid Cap Value ETF (EPMV) is an ETF from Harbor Funds and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year EPMV returned +14.89% while IVV returned +16.61%. Year to date, EPMV is up 11.37% versus a gain of 12.39% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EPMV has been the more volatile fund, with annualized monthly volatility of 12.6% compared with 12.0% 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 -8.8% for EPMV and -8.9% 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 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EPMV charges 0.88% per year while IVV charges 0.03%. On a $10,000 position that is $88 vs $3 annually, a gap of $85 per year that compounds over a long holding period. On income, EPMV currently yields 1.26% against 1.06% for IVV.
Holdings Overlap
55.9% of EPMV's money is in holdings IVV also owns. 2.5% of IVV's money is in holdings EPMV also owns.
The two portfolios partly overlap.
33 positions in common, counted across the 60 positions we hold weights for in EPMV and 490 in IVV, against full books of 61 and 508.
What only one of them owns
Our book lists 449 positions for IVV that do not appear in our book for EPMV (96.1% of the fund), and 26 for EPMV that do not appear in IVV (39.1%).
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 EPMV | Weight in IVV | Difference |
|---|---|---|---|
| CMICummins Inc. | 2.84% | 0.12% | 2.72% |
| ICEInternational Exchange, Inc. | 2.48% | 0.14% | 2.34% |
| RJFRaymond James Financial Inc. | 2.48% | 0.05% | 2.43% |
| AMATApplied Materials, Inc. | 1.89% | 0.55% | 1.34% |
| SNPSSynopsys | 2.29% | 0.13% | 2.16% |
| ONOn Semiconductor Corp | 2.36% | 0.04% | 2.32% |
| DRIDarden Restaurants Inc. | 2.25% | 0.04% | 2.21% |
| CSXCsx Corp. | 2.07% | 0.14% | 1.93% |
| CBRECbre Services Inc | 2.02% | 0.06% | 1.96% |
| OKEOneok Inc. | 1.92% | 0.09% | 1.83% |
55.9% of EPMV 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.
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Frequently Asked Questions
Which is cheaper, EPMV or IVV?
EPMV has an expense ratio of 0.88% while IVV charges 0.03%. IVV is the cheaper option, by $85 a year on a $10,000 investment.
Which performed better, EPMV or IVV?
Over the past year EPMV returned +14.89% vs +16.61% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (1 years), EPMV annualized +19.81% vs +25.48% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EPMV or IVV?
EPMV has been the more volatile fund at 12.6% annualized versus 12.0% for IVV. Worst drawdown: EPMV -8.8% vs IVV -8.9%.
Should I hold both EPMV and IVV?
EPMV and IVV have a monthly-return correlation of 0.67, 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 EPMV and IVV?
55.9% of EPMV's money is in holdings IVV also owns. 2.5% of IVV's is in holdings EPMV also owns. They hold 33 positions in common, counted across the 60 positions we hold weights for in EPMV and 490 in IVV.
Which pays a higher dividend, EPMV or IVV?
EPMV yields 1.26% while IVV yields 1.06%, so EPMV currently pays the higher dividend yield.
Is IVV better than EPMV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. EPMV is less concentrated, with 25.3% 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.