IBHF vs IVV
iShares iBonds 2026 Term High Yield and Income ETF vs iShares Core S&P 500 ETF
Which is better, IBHF or IVV?
High Yield Bond against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 52.9%.
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 | IBHF | IVV |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $754M | $876.4B |
| Dividend Yield | 6.01% | 1.06% |
| Holdings | 113 | 508 |
| YTD Return | -2.38% | +13.85%Best |
| 1Y Return | -2.00% | +18.57%Best |
| 3Y Return (annualized) | +5.42% | +23.50%Best |
| 5Y Return (annualized) | +2.98% | +13.34%Best |
| Volatility (annualized) | 5.0%Best | 15.0% |
| Max Drawdown | -11.2%Best | -24.5% |
| $10,000 over 5 years | $11,581 | $18,703Best |
| Top 10 Weight | 52.9% | 37.8%Best |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Blend |
| Inception | Nov 10, 2020 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Nov 12, 2020 to Sep 25, 2026 (5.9 years).
IBHF 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 5.9 years both funds cover.
IBHF vs IVV Performance
iShares iBonds 2026 Term High Yield and Income ETF (IBHF) is an ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year IBHF returned -2.00% while IVV returned +18.57%. Year to date, IBHF is down 2.38% versus a gain of 13.85% for IVV.
Over three years, IBHF compounded at +5.42% per year against +23.50% for IVV; over five years the annualized figures are +2.98% and +13.34% respectively. Across the full 6-year window we track, IVV has the edge at +15.81% annualized vs +3.69%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.0% compared with 5.0% for IBHF. 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 -11.2% for IBHF and -24.5% 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IBHF charges 0.35% per year while IVV charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, IBHF currently yields 6.01% against 1.06% for IVV.
Holdings Overlap
31.6% of IBHF's money is in holdings IVV also owns. 0.1% of IVV's money is in holdings IBHF also owns.
The two portfolios partly overlap.
1 positions in common, counted across the 92 positions we hold weights for in IBHF and 490 in IVV, against full books of 113 and 508.
What only one of them owns
Our book lists 480 positions for IVV that do not appear in our book for IBHF (98.5% of the fund), and 90 for IBHF that do not appear in IVV (65.0%).
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 IBHF | Weight in IVV | Difference |
|---|---|---|---|
| XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares | 31.59% | 0.15% | 31.44% |
31.6% of IBHF is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IBHF or IVV?
IBHF has an expense ratio of 0.35% while IVV charges 0.03%. IVV is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, IBHF or IVV?
Over the past year IBHF returned -2.00% vs +18.57% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IBHF annualized +3.69% vs +15.81% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IBHF or IVV?
IVV has been the more volatile fund at 15.0% annualized versus 5.0% for IBHF. Worst drawdown: IBHF -11.2% vs IVV -24.5%.
Should I hold both IBHF and IVV?
IBHF and IVV have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IBHF and IVV?
31.6% of IBHF's money is in holdings IVV also owns. 0.1% of IVV's is in holdings IBHF also owns. They hold 1 positions in common, counted across the 92 positions we hold weights for in IBHF and 490 in IVV.
Which pays a higher dividend, IBHF or IVV?
IBHF yields 6.01% while IVV yields 1.06%, so IBHF currently pays the higher dividend yield.
Is IVV better than IBHF?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 52.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.