IBDT vs IVV
iShares iBonds Dec 2028 Term Corporate ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IBDT offers more diversification with 730 holdings.
Side-by-Side Comparison
| Metric | IBDT | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.10% | 0.03% | |
| AUM | $4.1B | $907.0B | |
| Dividend Yield | 4.52% | 1.10% | |
| Holdings | 730 | 508 | |
| YTD Return | +1.50% | +12.71% | |
| 1Y Return | +3.71% | +21.89% | |
| 3Y Return (annualized) | +5.95% | +22.08% | |
| 5Y Return (annualized) | +1.12% | +12.96% | |
| Volatility (annualized) | 6.4% | 15.1% | |
| Max Drawdown | -17.8% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Sep 18, 2018 | May 15, 2000 |
IBDT vs IVV Performance
iShares iBonds Dec 2028 Term Corporate ETF (IBDT) is a ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year IBDT returned +3.71% while IVV returned +21.89%. Year to date, IBDT is up 1.50% versus a gain of 12.71% for IVV.
Over three years, IBDT compounded at +5.95% per year against +22.08% for IVV; over five years the annualized figures are +1.12% and +12.96% respectively. Across the full 8-year window we track, IVV has the edge at +7.00% annualized vs +2.80%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 6.4% for IBDT. 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 -17.8% for IBDT 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IBDT charges 0.10% per year while IVV charges 0.03%. On a $10,000 position that is $10 vs $3 annually, a gap of $7 per year that compounds over a long holding period. On income, IBDT currently yields 4.52% against 1.10% for IVV.
Holdings Overlap
IBDT and IVV share 2 holdings out of 1156 unique holdings combined, representing a 0.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IBDT or IVV?
IBDT has an expense ratio of 0.10% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $7 per year of difference.
Which performed better, IBDT or IVV?
Over the past year IBDT returned +3.71% vs +21.89% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (8 years), IBDT annualized +2.80% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, IBDT or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 6.4% for IBDT. Worst drawdown: IBDT -17.8% vs IVV -56.5%.
Should I hold both IBDT and IVV?
IBDT and IVV have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IBDT and IVV?
IBDT and IVV share 2 common holdings with a 0.2% weight overlap. Combined, they hold 1156 unique securities.
Which pays a higher dividend, IBDT or IVV?
IBDT yields 4.52% while IVV yields 1.10%, so IBDT currently pays the higher dividend yield.
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