IBTL vs IVV
iSHARES iBONDS DEC 2031 TERM TREASURY 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 | IBTL | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.07% | 0.03% | |
| AUM | $677M | $907.0B | |
| Dividend Yield | 3.96% | 1.10% | |
| Holdings | 24 | 508 | |
| YTD Return | -0.18% | +14.29% | |
| 1Y Return | +1.90% | +21.79% | |
| 3Y Return (annualized) | +3.96% | +22.19% | |
| 5Y Return (annualized) | -1.43% | +13.28% | |
| Volatility (annualized) | 7.3% | 15.1% | |
| Max Drawdown | -20.8% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jul 13, 2021 | May 15, 2000 |
IBTL vs IVV Performance
iSHARES iBONDS DEC 2031 TERM TREASURY ETF (IBTL) 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 IBTL returned +1.90% while IVV returned +21.79%. Year to date, IBTL is down 0.18% versus a gain of 14.29% for IVV.
Over three years, IBTL compounded at +3.96% per year against +22.19% for IVV; over five years the annualized figures are -1.43% and +13.28% respectively. Across the full 5-year window we track, IVV has the edge at +7.06% annualized vs -1.43%. 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 7.3% for IBTL. 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 -20.8% for IBTL 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 0.56. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IBTL 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, IBTL currently yields 3.96% against 1.10% for IVV.
Holdings Overlap
IBTL and IVV share 1 holdings out of 521 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 IBTL | Weight in IVV | Difference |
|---|---|---|---|
| XTSLA | 0.38% | 0.15% | 0.23% |
Frequently Asked Questions
Which is cheaper, IBTL or IVV?
IBTL has an expense ratio of 0.07% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, IBTL or IVV?
Over the past year IBTL returned +1.90% vs +21.79% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (5 years), IBTL annualized -1.43% vs +7.06% for IVV. Past performance does not guarantee future results.
Which is riskier, IBTL or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 7.3% for IBTL. Worst drawdown: IBTL -20.8% vs IVV -56.5%.
Should I hold both IBTL and IVV?
IBTL and IVV have a monthly-return correlation of 0.56, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IBTL and IVV?
IBTL and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 521 unique securities.
Which pays a higher dividend, IBTL or IVV?
IBTL yields 3.96% while IVV yields 1.10%, so IBTL currently pays the higher dividend yield.
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