IBTM vs IVV
iShares iBonds Dec 2032 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 505 holdings.
Side-by-Side Comparison
| Metric | IBTM | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.07% | 0.03% | |
| AUM | $559M | $865.2B | |
| Dividend Yield | 3.93% | 1.09% | |
| Holdings | 17 | 508 | |
| YTD Return | -0.95% | +13.43% | |
| 1Y Return | +1.22% | +22.61% | |
| 3Y Return (annualized) | +3.57% | +21.47% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 7.4% | 15.1% | |
| Max Drawdown | -13.6% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jul 6, 2022 | May 15, 2000 |
IBTM vs IVV Performance
iShares iBonds Dec 2032 Term Treasury ETF (IBTM) 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 IBTM returned +1.22% while IVV returned +22.61%. Year to date, IBTM is down 0.95% versus a gain of 13.43% for IVV.
Over three years, IBTM compounded at +3.57% per year against +21.47% for IVV. Across the full 4-year window we track, IVV has the edge at +7.03% annualized vs +1.30%. 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 7.4% for IBTM. 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 -13.6% for IBTM 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 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IBTM 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, IBTM currently yields 3.93% against 1.09% for IVV.
Holdings Overlap
IBTM and IVV share 1 holdings out of 516 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 IBTM | Weight in IVV | Difference |
|---|---|---|---|
| XTSLA | 0.08% | 0.15% | 0.07% |
Frequently Asked Questions
Which is cheaper, IBTM or IVV?
IBTM 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, IBTM or IVV?
Over the past year IBTM returned +1.22% vs +22.61% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IBTM annualized +1.30% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, IBTM or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 7.4% for IBTM. Worst drawdown: IBTM -13.6% vs IVV -56.5%.
Should I hold both IBTM and IVV?
IBTM and IVV have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IBTM and IVV?
IBTM and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 516 unique securities.
Which pays a higher dividend, IBTM or IVV?
IBTM yields 3.93% while IVV yields 1.09%, so IBTM currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.