IBTG vs IVV
iShares iBonds Dec 2026 Term Treasury ETF vs iShares Core S&P 500 ETF
Which is better, IBTG or IVV?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 83.8%.
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 | IBTG | IVV |
|---|---|---|
| Expense Ratio | 0.07% | 0.03%Best |
| AUM | $2.0B | $882.6B |
| Dividend Yield | 3.89% | 1.06% |
| Holdings | 17 | 508 |
| YTD Return | +2.66% | +14.35%Best |
| 1Y Return | +3.62% | +16.68%Best |
| 3Y Return (annualized) | +4.75% | +23.33%Best |
| 5Y Return (annualized) | +1.11% | +13.92%Best |
| Volatility (annualized) | 3.3%Best | 16.6% |
| Max Drawdown | -13.9%Best | -28.6% |
| $10,000 over 5 years | $10,567 | $19,187Best |
| Top 10 Weight | 83.8% | 38.1%Best |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Blend |
| Inception | Feb 25, 2020 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Feb 28, 2020 to Oct 5, 2026 (6.6 years).
IBTG 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IBTG vs IVV Performance
iShares iBonds Dec 2026 Term Treasury ETF (IBTG) 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 IBTG returned +3.62% while IVV returned +16.68%. Year to date, IBTG is up 2.66% versus a gain of 14.35% for IVV.
Over three years, IBTG compounded at +4.75% per year against +23.33% for IVV; over five years the annualized figures are +1.11% and +13.92% respectively. Across the full 7-year window we track, IVV has the edge at +17.18% annualized vs +1.04%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 3.3% for IBTG. 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 -13.9% for IBTG and -28.6% 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 0.19. They move largely independently of each other.
Fees and Cost Over Time
IBTG charges 0.07% per year while IVV charges 0.03%. On a $10,000 position that is $7 vs $3 annually, a gap of $4 per year that compounds over a long holding period. On income, IBTG currently yields 3.89% against 1.06% for IVV.
Holdings Overlap
0.4% of IBTG's money is in holdings IVV also owns. 0.2% of IVV's money is in holdings IBTG also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 16 positions we hold weights for in IBTG and 505 in IVV, against full books of 17 and 508.
What only one of them owns
Measured across the 16 and 505 positions we hold weights for.
IVV holds 496 positions IBTG does not, 99.0% of the fund.
Largest: NVDA 8.00%, AAPL 7.39%, MSFT 5.57%, AMZN 3.80%, GOOGL 3.00%
Top Shared Holdings
| Stock | Weight in IBTG | Weight in IVV | Difference |
|---|---|---|---|
| XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares | 0.42% | 0.20% | 0.22% |
You are not choosing between two funds in isolation.
Whichever of IBTG 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, IBTG or IVV?
IBTG has an expense ratio of 0.07% while IVV charges 0.03%. IVV is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, IBTG or IVV?
Over the past year IBTG returned +3.62% vs +16.68% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (7 years), IBTG annualized +1.04% vs +17.18% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IBTG or IVV?
IVV has been the more volatile fund at 16.6% annualized versus 3.3% for IBTG. Worst drawdown: IBTG -13.9% vs IVV -28.6%.
Should I hold both IBTG and IVV?
IBTG and IVV have a monthly-return correlation of 0.19, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IBTG or IVV?
IBTG yields 3.89% while IVV yields 1.06%, so IBTG currently pays the higher dividend yield.
Is IVV better than IBTG?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 38.1% of the fund in its ten largest positions against 83.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.