IBHG vs IVV
iShares iBonds 2027 Term High Yield and Income ETF vs iShares Core S&P 500 ETF
Which is better, IBHG 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. IBHG is less concentrated, with 23.4% of the fund in its ten largest positions against 37.9%.
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 | IBHG | IVV |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $525M | $876.4B |
| Dividend Yield | 6.00% | 1.06% |
| Holdings | 91 | 508 |
| YTD Return | -2.00% | +12.51%Best |
| 1Y Return | -1.15% | +17.57%Best |
| 3Y Return (annualized) | +5.51% | +21.27%Best |
| 5Y Return (annualized) | +2.66% | +12.95%Best |
| Volatility (annualized) | 6.7%Best | 15.7% |
| Max Drawdown | -13.8%Best | -24.5% |
| $10,000 over 5 years | $11,403 | $18,384Best |
| Top 10 Weight | 23.4%Best | 37.9% |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Blend |
| Inception | Jul 7, 2021 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Jul 9, 2021 to Sep 11, 2026 (5.2 years).
IBHG 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 5.2 years both funds cover.
IBHG vs IVV Performance
iShares iBonds 2027 Term High Yield and Income ETF (IBHG) 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 IBHG returned -1.15% while IVV returned +17.57%. Year to date, IBHG is down 2.00% versus a gain of 12.51% for IVV.
Over three years, IBHG compounded at +5.51% per year against +21.27% for IVV; over five years the annualized figures are +2.66% and +12.95% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 6.7% for IBHG. 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 -13.8% for IBHG 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IBHG 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, IBHG currently yields 6.00% against 1.06% for IVV.
Holdings Overlap
3.1% of IBHG's money is in holdings IVV also owns. 0.2% of IVV's money is in holdings IBHG also owns.
IBHG and IVV share little of their money.
3 positions in common, counted across the 348 positions we hold weights for in IBHG and 505 in IVV, against full books of 91 and 508.
What only one of them owns
Measured across the 348 and 505 positions we hold weights for.
IVV holds 485 positions IBHG does not, 99.1% of the fund.
Largest: NVDA 7.98%, AAPL 6.86%, MSFT 5.44%, AMZN 4.01%, GOOGL 3.19%
You are not choosing between two funds in isolation.
Whichever of IBHG 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, IBHG or IVV?
IBHG 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, IBHG or IVV?
Over the past year IBHG returned -1.15% vs +17.57% for IVV, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IBHG or IVV?
IVV has been the more volatile fund at 15.7% annualized versus 6.7% for IBHG. Worst drawdown: IBHG -13.8% vs IVV -24.5%.
Should I hold both IBHG and IVV?
IBHG and IVV have a monthly-return correlation of 0.78, 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 IBHG and IVV?
3.1% of IBHG's money is in holdings IVV also owns. 0.2% of IVV's is in holdings IBHG also owns. They hold 3 positions in common, counted across the 348 positions we hold weights for in IBHG and 505 in IVV.
Which pays a higher dividend, IBHG or IVV?
IBHG yields 6.00% while IVV yields 1.06%, so IBHG currently pays the higher dividend yield.
Is IVV better than IBHG?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IBHG is less concentrated, with 23.4% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.