HEFT vs IVV
Hedgeye Fourth Turning ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | HEFT | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.70% | 0.03% | |
| AUM | $85M | $865.2B | |
| Dividend Yield | 0.02% | 1.09% | |
| Holdings | 95 | 508 | |
| YTD Return | +4.61% | +13.43% | |
| 1Y Return | - | +22.61% | |
| 3Y Return (annualized) | - | +21.47% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | - | 15.1% | |
| Max Drawdown | -9.2% | -56.5% | |
| Fund Family | Hedgeye Asset Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Nov 20, 2025 | May 15, 2000 |
HEFT vs IVV Performance
Hedgeye Fourth Turning ETF (HEFT) is a ETF from Hedgeye Asset Management and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Year to date, HEFT is up 4.61% versus a gain of 13.43% for IVV.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -9.2% for HEFT and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
HEFT charges 0.70% per year while IVV charges 0.03%. On a $10,000 position that is $70 vs $3 annually, a gap of $67 per year that compounds over a long holding period. On income, HEFT currently yields 0.02% against 1.09% for IVV.
Holdings Overlap
HEFT and IVV share 35 holdings out of 518 unique holdings combined, representing a 39.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HEFT or IVV?
HEFT has an expense ratio of 0.70% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $67 per year of difference.
What is the holdings overlap between HEFT and IVV?
HEFT and IVV share 35 common holdings with a 39.2% weight overlap. Combined, they hold 518 unique securities.
Which pays a higher dividend, HEFT or IVV?
HEFT yields 0.02% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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