EWG vs IVV

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricEWGIVVWinner
Expense Ratio0.49%0.03%
AUM$1.6B$865.2B
Dividend Yield2.01%1.09%
Holdings58508
YTD Return+5.36%+14.50%
1Y Return+5.81%+22.02%
3Y Return (annualized)+18.44%+21.80%
5Y Return (annualized)+7.13%+13.37%
Volatility (annualized)23.1%15.1%
Max Drawdown-71.8%-56.5%
Fund FamilyiShares by BlackRock (US)iShares by BlackRock (US)
CategoryEquityEquity
InceptionMar 12, 1996May 15, 2000

EWG vs IVV Performance

iShares MSCI Germany ETF (EWG) is a ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year EWG returned +5.81% while IVV returned +22.02%. Year to date, EWG is up 5.36% versus a gain of 14.50% for IVV.

Over three years, EWG compounded at +18.44% per year against +21.80% for IVV; over five years the annualized figures are +7.13% and +13.37% respectively. Across the full 26-year window we track, IVV has the edge at +7.07% annualized vs +4.44%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

EWG has been the more volatile fund, with annualized monthly volatility of 23.1% 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 -71.8% for EWG 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 0.81. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

EWG charges 0.49% per year while IVV charges 0.03%. On a $10,000 position that is $49 vs $3 annually, a gap of $46 per year that compounds over a long holding period. On income, EWG currently yields 2.01% against 1.09% for IVV.

Holdings Overlap

0.5%overlap

EWG and IVV share 2 holdings out of 556 unique holdings combined, representing a 0.5% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in EWGWeight in IVVDifference
MRK1.09%0.48%0.61%
XTSLA0.03%0.15%0.12%

Frequently Asked Questions

Which is cheaper, EWG or IVV?

EWG has an expense ratio of 0.49% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $46 per year of difference.

Which performed better, EWG or IVV?

Over the past year EWG returned +5.81% vs +22.02% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (26 years), EWG annualized +4.44% vs +7.07% for IVV. Past performance does not guarantee future results.

Which is riskier, EWG or IVV?

EWG has been the more volatile fund at 23.1% annualized versus 15.1% for IVV. Worst drawdown: EWG -71.8% vs IVV -56.5%.

Should I hold both EWG and IVV?

EWG and IVV have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between EWG and IVV?

EWG and IVV share 2 common holdings with a 0.5% weight overlap. Combined, they hold 556 unique securities.

Which pays a higher dividend, EWG or IVV?

EWG yields 2.01% while IVV yields 1.09%, so EWG currently pays the higher dividend yield.

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