EWK vs IVV
iShares MSCI Belgium ETF vs iShares Core S&P 500 ETF
Which is better, EWK or IVV?
Mid Cap Blend against Large Cap Blend.
IVV has a lower expense ratio. EWK led over 1Y, IVV over 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 67.5%.
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 | EWK | IVV |
|---|---|---|
| Expense Ratio | 0.49% | 0.03%Best |
| AUM | $169M | $876.4B |
| Dividend Yield | 1.79% | 1.06% |
| Holdings | 43 | 508 |
| YTD Return | +9.32% | +13.32%Best |
| 1Y Return | +18.42%Best | +17.08% |
| 3Y Return (annualized) | +17.41% | +22.72%Best |
| 5Y Return (annualized) | +6.82% | +13.20%Best |
| Volatility (annualized) | 20.4% | 15.1%Best |
| Max Drawdown | -76.5% | -56.5%Best |
| $10,000 over 5 years | $13,908 | $18,588Best |
| Top 10 Weight | 67.5% | 37.8%Best |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Mar 12, 1996 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: May 19, 2000 to Sep 23, 2026 (26.3 years).
EWK 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 26.3 years both funds cover.
EWK vs IVV Performance
iShares MSCI Belgium ETF (EWK) 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 EWK returned +18.42% while IVV returned +17.08%. Year to date, EWK is up 9.32% versus a gain of 13.32% for IVV.
Over three years, EWK compounded at +17.41% per year against +22.72% for IVV; over five years the annualized figures are +6.82% and +13.20% respectively. Across the full 26-year window we track, IVV has the edge at +6.99% annualized vs +3.55%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EWK has been the more volatile fund, with annualized monthly volatility of 20.4% 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 -76.5% for EWK and -56.5% 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EWK 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, EWK currently yields 1.79% against 1.06% for IVV.
Holdings Overlap
0.1% of IVV's money is in holdings EWK also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 39 positions we hold weights for in EWK and 490 in IVV, against full books of 43 and 508.
What only one of them owns
Our book lists 481 positions for IVV that do not appear in our book for EWK (98.5% of the fund), and 1 for EWK that do not appear in IVV (0.8%).
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 EWK | Weight in IVV | Difference |
|---|---|---|---|
| XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares | 0.03% | 0.15% | 0.12% |
You are not choosing between two funds in isolation.
Whichever of EWK 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, EWK or IVV?
EWK has an expense ratio of 0.49% while IVV charges 0.03%. IVV is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, EWK or IVV?
Over the past year EWK returned +18.42% vs +17.08% for IVV, so EWK leads on 1-year performance. Over the longest common window we track (26 years), EWK annualized +3.55% vs +6.99% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EWK or IVV?
EWK has been the more volatile fund at 20.4% annualized versus 15.1% for IVV. Worst drawdown: EWK -76.5% vs IVV -56.5%.
Should I hold both EWK and IVV?
EWK and IVV have a monthly-return correlation of 0.74, 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, EWK or IVV?
EWK yields 1.79% while IVV yields 1.06%, so EWK currently pays the higher dividend yield.
Is IVV better than EWK?
IVV has a lower expense ratio. EWK led over 1Y, IVV over 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 67.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.