EWO vs IVV
iShares MSCI Austria ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. EWO delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | EWO | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.03% | |
| AUM | $175M | $865.2B | |
| Dividend Yield | 1.99% | 1.09% | |
| Holdings | 26 | 508 | |
| YTD Return | +25.55% | +14.50% | |
| 1Y Return | +42.36% | +22.02% | |
| 3Y Return (annualized) | +35.79% | +21.80% | |
| 5Y Return (annualized) | +17.17% | +13.37% | |
| Volatility (annualized) | 24.2% | 15.1% | |
| Max Drawdown | -77.2% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Mar 12, 1996 | May 15, 2000 |
EWO vs IVV Performance
iShares MSCI Austria ETF (EWO) 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 EWO returned +42.36% while IVV returned +22.02%. Year to date, EWO is up 25.55% versus a gain of 14.50% for IVV.
Over three years, EWO compounded at +35.79% per year against +21.80% for IVV; over five years the annualized figures are +17.17% and +13.37% respectively. Across the full 26-year window we track, IVV has the edge at +7.07% annualized vs +5.53%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EWO has been the more volatile fund, with annualized monthly volatility of 24.2% 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 -77.2% for EWO 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EWO 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, EWO currently yields 1.99% against 1.09% for IVV.
Holdings Overlap
EWO and IVV share 1 holdings out of 526 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in EWO | Weight in IVV | Difference |
|---|---|---|---|
| XTSLA | 0.04% | 0.15% | 0.11% |
Frequently Asked Questions
Which is cheaper, EWO or IVV?
EWO 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, EWO or IVV?
Over the past year EWO returned +42.36% vs +22.02% for IVV, so EWO leads on 1-year performance. Over the longest common window we track (26 years), EWO annualized +5.53% vs +7.07% for IVV. Past performance does not guarantee future results.
Which is riskier, EWO or IVV?
EWO has been the more volatile fund at 24.2% annualized versus 15.1% for IVV. Worst drawdown: EWO -77.2% vs IVV -56.5%.
Should I hold both EWO and IVV?
EWO and IVV have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EWO and IVV?
EWO and IVV share 1 common holdings with a 0.0% weight overlap. Combined, they hold 526 unique securities.
Which pays a higher dividend, EWO or IVV?
EWO yields 1.99% while IVV yields 1.09%, so EWO currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.