EXG vs IVV
EXG vs IVV
Eaton Vance Tax-Managed Global Diversified Equity Income Fund vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. EXG delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | EXG | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.07% | 0.03% | |
| AUM | $2.5B | $865.2B | |
| Dividend Yield | 7.47% | 1.09% | |
| Holdings | 115 | 508 | |
| YTD Return | +10.74% | +13.80% | |
| 1Y Return | +23.83% | +23.70% | |
| 3Y Return (annualized) | +18.12% | +21.49% | |
| 5Y Return (annualized) | +8.39% | +13.43% | |
| Volatility (annualized) | 18.7% | 15.1% | |
| Max Drawdown | -76.1% | -56.5% | |
| Fund Family | Eaton Vance | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Feb 27, 2007 | May 15, 2000 |
EXG vs IVV Performance
Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) is a ETF from Eaton Vance and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year EXG returned +23.83% while IVV returned +23.70%. Year to date, EXG is up 10.74% versus a gain of 13.80% for IVV.
Over three years, EXG compounded at +18.12% per year against +21.49% for IVV; over five years the annualized figures are +8.39% and +13.43% respectively. Across the full 20-year window we track, IVV has the edge at +7.05% annualized vs -1.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EXG has been the more volatile fund, with annualized monthly volatility of 18.7% 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 -76.1% for EXG 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EXG charges 1.07% per year while IVV charges 0.03%. On a $10,000 position that is $107 vs $3 annually, a gap of $104 per year that compounds over a long holding period. On income, EXG currently yields 7.47% against 1.09% for IVV.
Holdings Overlap
EXG and IVV share 40 holdings out of 559 unique holdings combined, representing a 25.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in EXG | Weight in IVV | Difference |
|---|---|---|---|
| NVDA | 3.68% | 7.76% | 4.08% |
| AAPL | 3.02% | 7.44% | 4.42% |
| MSFT | 3.73% | 4.57% | 0.84% |
| GOOG | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| XOM | Pro | Pro | Pro |
| V | Pro | Pro | Pro |
See all 10 holdings EXG shares with IVV Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, EXG or IVV?
EXG has an expense ratio of 1.07% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $104 per year of difference.
Which performed better, EXG or IVV?
Over the past year EXG returned +23.83% vs +23.70% for IVV, so EXG leads on 1-year performance. Over the longest common window we track (20 years), EXG annualized -1.07% vs +7.05% for IVV. Past performance does not guarantee future results.
Which is riskier, EXG or IVV?
EXG has been the more volatile fund at 18.7% annualized versus 15.1% for IVV. Worst drawdown: EXG -76.1% vs IVV -56.5%.
Should I hold both EXG and IVV?
EXG and IVV have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EXG and IVV?
EXG and IVV share 40 common holdings with a 25.7% weight overlap. Combined, they hold 559 unique securities.
Which pays a higher dividend, EXG or IVV?
EXG yields 7.47% while IVV yields 1.09%, so EXG 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.