IAE vs IVV
Voya Asia Pacific High Dividend Equity Income Fund vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IAE delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IAE | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.21% | 0.03% | |
| AUM | $78M | $907.0B | |
| Dividend Yield | 8.99% | 1.10% | |
| Holdings | 484 | 508 | |
| YTD Return | +24.84% | +13.22% | |
| 1Y Return | +36.32% | +21.62% | |
| 3Y Return (annualized) | +28.32% | +22.17% | |
| 5Y Return (annualized) | +12.72% | +13.42% | |
| Volatility (annualized) | 21.8% | 15.1% | |
| Max Drawdown | -78.5% | -56.5% | |
| Fund Family | Voya Investment Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Mar 27, 2007 | May 15, 2000 |
IAE vs IVV Performance
Voya Asia Pacific High Dividend Equity Income Fund (IAE) is a ETF from Voya Investment Management and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year IAE returned +36.32% while IVV returned +21.62%. Year to date, IAE is up 24.84% versus a gain of 13.22% for IVV.
Over three years, IAE compounded at +28.32% per year against +22.17% for IVV; over five years the annualized figures are +12.72% and +13.42% respectively. Across the full 19-year window we track, IVV has the edge at +7.02% annualized vs -2.17%. 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 15.1% 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 -78.5% for IAE 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
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 8.99% against 1.10% for IVV.
Holdings Overlap
IAE and IVV share 0 holdings out of 738 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $118 per year of difference.
Which performed better, IAE or IVV?
Over the past year IAE returned +36.32% vs +21.62% for IVV, so IAE leads on 1-year performance. Over the longest common window we track (19 years), IAE annualized -2.17% vs +7.02% for IVV. Past performance does not guarantee future results.
Which is riskier, IAE or IVV?
IAE has been the more volatile fund at 21.8% annualized versus 15.1% 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 combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IAE and IVV?
IAE and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 738 unique securities.
Which pays a higher dividend, IAE or IVV?
IAE yields 8.99% while IVV yields 1.10%, so IAE currently pays the higher dividend yield.
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