ESMV vs IVV
iShares ESG Optimized MSCI USA Min Vol Factor ETF vs iShares Core S&P 500 ETF
Which is better, ESMV or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. ESMV is less concentrated, with 16.1% of the fund in its ten largest positions against 37.9%.
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 | ESMV | IVV |
|---|---|---|
| Expense Ratio | 0.18% | 0.03%Best |
| AUM | $8M | $876.4B |
| Dividend Yield | 1.44% | 1.06% |
| Holdings | 160 | 508 |
| YTD Return | +9.67% | +12.51%Best |
| 1Y Return | +8.83% | +17.57%Best |
| 3Y Return (annualized) | +11.45% | +21.27%Best |
| 5Y Return (annualized) | - | +12.95% |
| Volatility (annualized) | 13.0%Best | 15.7% |
| Max Drawdown | -19.8%Best | -24.5% |
| $10,000 over 4.9 years | $13,422 | $17,609Best |
| Top 10 Weight | 16.1%Best | 37.9% |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 2, 2021 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 4.9 years row, are measured over the window both funds cover: Nov 4, 2021 to Sep 11, 2026 (4.9 years).
ESMV 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 4.9 years both funds cover.
ESMV vs IVV Performance
iShares ESG Optimized MSCI USA Min Vol Factor ETF (ESMV) 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 ESMV returned +8.83% while IVV returned +17.57%. Year to date, ESMV is up 9.67% versus a gain of 12.51% for IVV.
Over three years, ESMV compounded at +11.45% per year against +21.27% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 13.0% for ESMV. 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 -19.8% for ESMV and -24.5% 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ESMV charges 0.18% per year while IVV charges 0.03%. On a $10,000 position that is $18 vs $3 annually, a gap of $15 per year that compounds over a long holding period. On income, ESMV currently yields 1.44% against 1.06% for IVV.
Holdings Overlap
94.9% of ESMV's money is in holdings IVV also owns. 58.0% of IVV's money is in holdings ESMV also owns.
Most of ESMV is already inside IVV. Owning both mostly buys the same companies twice.
144 positions in common, counted across the 155 positions we hold weights for in ESMV and 505 in IVV, against full books of 160 and 508.
What only one of them owns
Our book lists 351 positions for IVV that do not appear in our book for ESMV (41.4% of the fund), and 7 for ESMV that do not appear in IVV (2.7%).
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 ESMV | Weight in IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 1.40% | 7.98% | 6.58% |
| AAPLApple, Inc | 0.57% | 6.86% | 6.29% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 1.65% | 5.44% | 3.79% |
| AVGOBroadcom Inc | 0.63% | 2.98% | 2.35% |
| GOOGAlphabet Inc | 0.21% | 2.56% | 2.35% |
| PANWPalo Alto Networks Inc. | 2.13% | 0.44% | 1.69% |
| AMDAdvanced Micro Devices Inc. | 1.22% | 1.18% | 0.04% |
| MUMicron Technology, Inc. | 0.84% | 1.51% | 0.67% |
| AMATApplied Materials, Inc. | 1.61% | 0.64% | 0.97% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.49% | 0.72% | 0.77% |
94.9% of ESMV 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, ESMV or IVV?
ESMV has an expense ratio of 0.18% while IVV charges 0.03%. IVV is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, ESMV or IVV?
Over the past year ESMV returned +8.83% vs +17.57% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ESMV or IVV?
IVV has been the more volatile fund at 15.7% annualized versus 13.0% for ESMV. Worst drawdown: ESMV -19.8% vs IVV -24.5%.
Should I hold both ESMV and IVV?
ESMV and IVV have a monthly-return correlation of 0.86, 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 ESMV and IVV?
94.9% of ESMV's money is in holdings IVV also owns. 58.0% of IVV's is in holdings ESMV also owns. They hold 144 positions in common, counted across the 155 positions we hold weights for in ESMV and 505 in IVV.
Which pays a higher dividend, ESMV or IVV?
ESMV yields 1.44% while IVV yields 1.06%, so ESMV currently pays the higher dividend yield.
Is IVV better than ESMV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. ESMV is less concentrated, with 16.1% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.