IAE vs IVV
Voya Asia Pacific High Dividend Equity Income Fund vs iShares Core S&P 500 ETF
Which is better, IAE or IVV?
Each has led over a different period.
IVV has a lower expense ratio. IAE led over 1Y and 3Y, IVV over 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 41.6%.
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 | IAE | IVV |
|---|---|---|
| Expense Ratio | 1.21% | 0.03%Best |
| AUM | $78M | $876.4B |
| Dividend Yield | 8.52% | 1.06% |
| Holdings | 247 | 508 |
| YTD Return | +26.04%Best | +12.51% |
| 1Y Return | +33.73%Best | +17.57% |
| 3Y Return (annualized) | +28.64%Best | +21.27% |
| 5Y Return (annualized) | +12.10% | +12.95%Best |
| Volatility (annualized) | 21.8% | 15.5%Best |
| Max Drawdown | -78.5% | -56.5%Best |
| $10,000 over 5 years | $17,702 | $18,384Best |
| Top 10 Weight | 41.6% | 37.9%Best |
| Fund Family | Voya Investment Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 27, 2007 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Mar 28, 2007 to Sep 11, 2026 (19.5 years).
IAE 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.
IAE vs IVV Performance
Voya Asia Pacific High Dividend Equity Income Fund (IAE) is an ETF from Voya Investment Management and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year IAE returned +33.73% while IVV returned +17.57%. Year to date, IAE is up 26.04% versus a gain of 12.51% for IVV.
Over three years, IAE compounded at +28.64% per year against +21.27% for IVV; over five years the annualized figures are +12.10% and +12.95% respectively. Across the full 20-year window we track, IVV has the edge at +9.49% annualized vs -2.12%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IAE has been the more volatile fund, with annualized monthly volatility of 21.8% 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 -78.5% for IAE 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 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IAE charges 1.21% per year while IVV charges 0.03%. On a $10,000 position that is $121 vs $3 annually, a gap of $118 per year that compounds over a long holding period. On income, IAE currently yields 8.52% against 1.06% for IVV.
Holdings Overlap
0.1% of IAE's money is in holdings IVV also owns. 0.1% of IVV's money is in holdings IAE also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
The two holdings books were reported 66 days apart, IAE as of May 31, 2026 and IVV as of Aug 5, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 242 positions we hold weights for in IAE and 505 in IVV, against full books of 247 and 508.
What only one of them owns
Our book lists 494 positions for IVV that do not appear in our book for IAE (99.3% of the fund), and 6 for IAE that do not appear in IVV (3.2%).
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 IAE | Weight in IVV | Difference |
|---|---|---|---|
| TELTe Connectivity Ltd. | 0.08% | 0.10% | 0.02% |
You are not choosing between two funds in isolation.
Whichever of IAE 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, IAE or IVV?
IAE has an expense ratio of 1.21% while IVV charges 0.03%. IVV is the cheaper option, by $118 a year on a $10,000 investment.
Which performed better, IAE or IVV?
Over the past year IAE returned +33.73% vs +17.57% for IVV, so IAE leads on 1-year performance. Over the longest common window we track (20 years), IAE annualized -2.12% vs +9.49% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IAE or IVV?
IAE has been the more volatile fund at 21.8% annualized versus 15.5% for IVV. Worst drawdown: IAE -78.5% vs IVV -56.5%.
Should I hold both IAE and IVV?
IAE and IVV have a monthly-return correlation of 0.65, 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, IAE or IVV?
IAE yields 8.52% while IVV yields 1.06%, so IAE currently pays the higher dividend yield.
Is IVV better than IAE?
IVV has a lower expense ratio. IAE led over 1Y and 3Y, IVV over 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 41.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.