EVMT vs IVV
EVMT vs IVV
Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. EVMT delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | EVMT | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.59% | 0.03% | |
| AUM | $7M | $865.2B | |
| Dividend Yield | 11.54% | 1.09% | |
| Holdings | 15 | 508 | |
| YTD Return | +5.26% | +13.80% | |
| 1Y Return | +29.45% | +23.70% | |
| 3Y Return (annualized) | +2.25% | +21.49% | |
| 5Y Return (annualized) | - | +13.43% | |
| Volatility (annualized) | 19.9% | 15.1% | |
| Max Drawdown | -48.3% | -56.5% | |
| Fund Family | Invesco (US) | iShares by BlackRock (US) | |
| Category | Commodity | Equity | |
| Inception | Apr 27, 2022 | May 15, 2000 |
EVMT vs IVV Performance
Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT) is a ETF from Invesco (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year EVMT returned +29.45% while IVV returned +23.70%. Year to date, EVMT is up 5.26% versus a gain of 13.80% for IVV.
Over three years, EVMT compounded at +2.25% per year against +21.49% for IVV. Across the full 4-year window we track, IVV has the edge at +7.05% annualized vs -7.20%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EVMT has been the more volatile fund, with annualized monthly volatility of 19.9% 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 -48.3% for EVMT and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.33. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EVMT charges 0.59% per year while IVV charges 0.03%. On a $10,000 position that is $59 vs $3 annually, a gap of $56 per year that compounds over a long holding period. On income, EVMT currently yields 11.54% against 1.09% for IVV.
Holdings Overlap
EVMT and IVV share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EVMT or IVV?
EVMT has an expense ratio of 0.59% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $56 per year of difference.
Which performed better, EVMT or IVV?
Over the past year EVMT returned +29.45% vs +23.70% for IVV, so EVMT leads on 1-year performance. Over the longest common window we track (4 years), EVMT annualized -7.20% vs +7.05% for IVV. Past performance does not guarantee future results.
Which is riskier, EVMT or IVV?
EVMT has been the more volatile fund at 19.9% annualized versus 15.1% for IVV. Worst drawdown: EVMT -48.3% vs IVV -56.5%.
Should I hold both EVMT and IVV?
EVMT and IVV have a monthly-return correlation of 0.33, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EVMT and IVV?
EVMT and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, EVMT or IVV?
EVMT yields 11.54% while IVV yields 1.09%, so EVMT currently pays the higher dividend yield.
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