EPRF vs IVV
Innovator S&P Investment Grade Preferred ETF vs iShares Core S&P 500 ETF
Which is better, EPRF or IVV?
Preferred Stock against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.
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 | EPRF | IVV |
|---|---|---|
| Expense Ratio | 0.47% | 0.03%Best |
| AUM | $67M | $876.4B |
| Dividend Yield | 5.63% | 1.06% |
| Holdings | 162 | 508 |
| YTD Return | -9.26% | +12.39%Best |
| 1Y Return | -13.81% | +16.61%Best |
| 3Y Return (annualized) | +0.03% | +21.38%Best |
| 5Y Return (annualized) | -3.72% | +13.51%Best |
| Volatility (annualized) | 10.6%Best | 15.2% |
| Max Drawdown | -26.8%Best | -33.9% |
| $10,000 over 5 years | $8,273 | $18,844Best |
| Fund Family | Innovator ETFs Trust | iShares by BlackRock (US) |
| Category | Allocation/Balanced | Equity |
| Style | Preferred Stock | Large Cap Blend |
| Inception | May 23, 2016 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 24, 2016 to Sep 18, 2026 (10.3 years).
EPRF 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.
EPRF vs IVV Performance
Innovator S&P Investment Grade Preferred ETF (EPRF) is an ETF from Innovator ETFs Trust and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year EPRF returned -13.81% while IVV returned +16.61%. Year to date, EPRF is down 9.26% versus a gain of 12.39% for IVV.
Over three years, EPRF compounded at +0.03% per year against +21.38% for IVV; over five years the annualized figures are -3.72% and +13.51% respectively. Across the full 10-year window we track, IVV has the edge at +14.28% annualized vs +0.45%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.2% compared with 10.6% for EPRF. 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 -26.8% for EPRF 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 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EPRF charges 0.47% per year while IVV charges 0.03%. On a $10,000 position that is $47 vs $3 annually, a gap of $44 per year that compounds over a long holding period. On income, EPRF currently yields 5.63% against 1.06% for IVV.
Holdings Overlap
At least 0.3% of IVV's money is in holdings EPRF also owns.
Stated as a floor: for EPRF, our book for it covers 89.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
3 positions in common, counted across the 69 positions we hold weights for in EPRF and 490 in IVV, against full books of 162 and 508.
You are not choosing between two funds in isolation.
Whichever of EPRF 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, EPRF or IVV?
EPRF has an expense ratio of 0.47% while IVV charges 0.03%. IVV is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, EPRF or IVV?
Over the past year EPRF returned -13.81% vs +16.61% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (10 years), EPRF annualized +0.45% vs +14.28% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EPRF or IVV?
IVV has been the more volatile fund at 15.2% annualized versus 10.6% for EPRF. Worst drawdown: EPRF -26.8% vs IVV -33.9%.
Should I hold both EPRF and IVV?
EPRF and IVV have a monthly-return correlation of 0.65, 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, EPRF or IVV?
EPRF yields 5.63% while IVV yields 1.06%, so EPRF currently pays the higher dividend yield.
Is IVV better than EPRF?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.