IBHH vs IVV
iShares iBonds 2028 Term High Yield and Income 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 508 holdings.
Side-by-Side Comparison
| Metric | IBHH | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.03% | |
| AUM | $463M | $907.0B | |
| Dividend Yield | 6.24% | 1.10% | |
| Holdings | 222 | 508 | |
| YTD Return | -1.23% | +12.28% | |
| 1Y Return | +0.65% | +20.94% | |
| 3Y Return (annualized) | +7.05% | +21.81% | |
| 5Y Return (annualized) | - | +13.05% | |
| Volatility (annualized) | 7.6% | 15.1% | |
| Max Drawdown | -12.1% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Mar 8, 2022 | May 15, 2000 |
IBHH vs IVV Performance
iShares iBonds 2028 Term High Yield and Income ETF (IBHH) 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 IBHH returned +0.65% while IVV returned +20.94%. Year to date, IBHH is down 1.23% versus a gain of 12.28% for IVV.
Over three years, IBHH compounded at +7.05% per year against +21.81% for IVV. Across the full 4-year window we track, IVV has the edge at +6.98% annualized vs +4.07%. 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 7.6% for IBHH. 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 -12.1% for IBHH 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IBHH 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, IBHH currently yields 6.24% against 1.10% for IVV.
Holdings Overlap
IBHH and IVV share 1 holdings out of 705 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 IBHH | Weight in IVV | Difference |
|---|---|---|---|
| XTSLA | 1.70% | 0.15% | 1.55% |
Frequently Asked Questions
Which is cheaper, IBHH or IVV?
IBHH has an expense ratio of 0.35% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, IBHH or IVV?
Over the past year IBHH returned +0.65% vs +20.94% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IBHH annualized +4.07% vs +6.98% for IVV. Past performance does not guarantee future results.
Which is riskier, IBHH or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 7.6% for IBHH. Worst drawdown: IBHH -12.1% vs IVV -56.5%.
Should I hold both IBHH and IVV?
IBHH and IVV have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IBHH and IVV?
IBHH and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 705 unique securities.
Which pays a higher dividend, IBHH or IVV?
IBHH yields 6.24% while IVV yields 1.10%, so IBHH currently pays the higher dividend yield.
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