EZM vs IVV
WisdomTree US MidCap Fund vs iShares Core S&P 500 ETF
Which is better, EZM or IVV?
Mid Cap Value against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. EZM is less concentrated, with 8.0% of the fund in its ten largest positions against 37.9%.
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 | EZM | IVV |
|---|---|---|
| Expense Ratio | 0.38% | 0.03%Best |
| AUM | $934M | $876.4B |
| Dividend Yield | 1.21% | 1.06% |
| Holdings | 508 | 508 |
| YTD Return | +11.31% | +11.57%Best |
| 1Y Return | +14.03% | +17.57%Best |
| 3Y Return (annualized) | +13.96% | +20.71%Best |
| 5Y Return (annualized) | +8.69% | +12.80%Best |
| Volatility (annualized) | 20.0% | 15.5%Best |
| Max Drawdown | -60.6% | -56.5%Best |
| $10,000 over 5 years | $15,169 | $18,262Best |
| Top 10 Weight | 8.0%Best | 37.9% |
| Fund Family | WisdomTree Investments | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Feb 23, 2007 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Feb 23, 2007 to Sep 10, 2026 (19.5 years).
EZM 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 19.5 years both funds cover.
EZM vs IVV Performance
WisdomTree US MidCap Fund (EZM) is an ETF from WisdomTree Investments and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year EZM returned +14.03% while IVV returned +17.57%. Year to date, EZM is up 11.31% versus a gain of 11.57% for IVV.
Over three years, EZM compounded at +13.96% per year against +20.71% for IVV; over five years the annualized figures are +8.69% and +12.80% respectively. Across the full 20-year window we track, IVV has the edge at +9.26% annualized vs +8.35%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EZM has been the more volatile fund, with annualized monthly volatility of 20.0% compared with 15.5% 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 -60.6% for EZM 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EZM charges 0.38% per year while IVV charges 0.03%. On a $10,000 position that is $38 vs $3 annually, a gap of $35 per year that compounds over a long holding period. On income, EZM currently yields 1.21% against 1.06% for IVV.
Holdings Overlap
12.8% of EZM's money is in holdings IVV also owns. 2.5% of IVV's money is in holdings EZM also owns.
EZM and IVV share little of their money.
32 positions in common, counted across the 506 positions we hold weights for in EZM and 505 in IVV, against full books of 508 and 508.
What only one of them owns
Our book lists 463 positions for IVV that do not appear in our book for EZM (96.8% of the fund), and 465 for EZM that do not appear in IVV (84.0%).
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 EZM | Weight in IVV | Difference |
|---|---|---|---|
| METAMeta Platforms, Inc. | 0.06% | 1.94% | 1.88% |
| VTRSViatris Inc. | 1.39% | 0.03% | 1.36% |
| CFCf Industries Holdings Inc. | 0.91% | 0.03% | 0.88% |
| APAApa Corp | 0.85% | 0.02% | 0.83% |
| AESAes Corporation | 0.66% | 0.02% | 0.64% |
| GLGlobe Life Inc. | 0.62% | 0.02% | 0.60% |
| BENFranklin Resources Inc. | 0.61% | 0.02% | 0.59% |
| DVADavita Inc. | 0.51% | 0.01% | 0.50% |
| SJMJm Smucker Co. | 0.47% | 0.02% | 0.45% |
| SWKStanley Black & Decker Inc. | 0.45% | 0.02% | 0.43% |
You are not choosing between two funds in isolation.
Whichever of EZM 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, EZM or IVV?
EZM has an expense ratio of 0.38% while IVV charges 0.03%. IVV is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, EZM or IVV?
Over the past year EZM returned +14.03% vs +17.57% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (20 years), EZM annualized +8.35% vs +9.26% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EZM or IVV?
EZM has been the more volatile fund at 20.0% annualized versus 15.5% for IVV. Worst drawdown: EZM -60.6% vs IVV -56.5%.
Should I hold both EZM and IVV?
EZM and IVV have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between EZM and IVV?
12.8% of EZM's money is in holdings IVV also owns. 2.5% of IVV's is in holdings EZM also owns. They hold 32 positions in common, counted across the 506 positions we hold weights for in EZM and 505 in IVV.
Which pays a higher dividend, EZM or IVV?
EZM yields 1.21% while IVV yields 1.06%, so EZM currently pays the higher dividend yield.
Is IVV better than EZM?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. EZM is less concentrated, with 8.0% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.