IBDW vs IVV
iShares iBonds Dec 2031 Term Corporate ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IBDW | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.10% | 0.03% | |
| AUM | $2.5B | $865.2B | |
| Dividend Yield | 4.78% | 1.09% | |
| Holdings | 610 | 508 | |
| YTD Return | +0.07% | +14.50% | |
| 1Y Return | +2.18% | +22.02% | |
| 3Y Return (annualized) | +6.27% | +21.80% | |
| 5Y Return (annualized) | +0.10% | +13.37% | |
| Volatility (annualized) | 8.2% | 15.1% | |
| Max Drawdown | -23.9% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jun 22, 2021 | May 15, 2000 |
IBDW vs IVV Performance
iShares iBonds Dec 2031 Term Corporate ETF (IBDW) 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 IBDW returned +2.18% while IVV returned +22.02%. Year to date, IBDW is up 0.07% versus a gain of 14.50% for IVV.
Over three years, IBDW compounded at +6.27% per year against +21.80% for IVV; over five years the annualized figures are +0.10% and +13.37% respectively. Across the full 5-year window we track, IVV has the edge at +7.07% annualized vs +0.43%. 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 8.2% for IBDW. 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 -23.9% for IBDW 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IBDW 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, IBDW currently yields 4.78% against 1.09% for IVV.
Holdings Overlap
IBDW and IVV share 1 holdings out of 935 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IBDW | Weight in IVV | Difference |
|---|---|---|---|
| XTSLA | 0.39% | 0.15% | 0.24% |
Frequently Asked Questions
Which is cheaper, IBDW or IVV?
IBDW 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, IBDW or IVV?
Over the past year IBDW returned +2.18% vs +22.02% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (5 years), IBDW annualized +0.43% vs +7.07% for IVV. Past performance does not guarantee future results.
Which is riskier, IBDW or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 8.2% for IBDW. Worst drawdown: IBDW -23.9% vs IVV -56.5%.
Should I hold both IBDW and IVV?
IBDW and IVV have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IBDW and IVV?
IBDW and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 935 unique securities.
Which pays a higher dividend, IBDW or IVV?
IBDW yields 4.78% while IVV yields 1.09%, so IBDW currently pays the higher dividend yield.
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