IBTM vs IVV
iShares iBonds Dec 2032 Term Treasury ETF vs iShares Core S&P 500 ETF
Which is better, IBTM or IVV?
Long Term High Quality against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window.
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 | IBTM | IVV |
|---|---|---|
| Expense Ratio | 0.07% | 0.03%Best |
| AUM | $558M | $876.4B |
| Dividend Yield | 3.96% | 1.06% |
| Holdings | 17 | 508 |
| YTD Return | -2.32% | +11.03%Best |
| 1Y Return | -2.02% | +15.62%Best |
| 3Y Return (annualized) | +3.30% | +20.81%Best |
| 5Y Return (annualized) | - | +12.61% |
| Volatility (annualized) | 7.3%Best | 14.4% |
| Max Drawdown | -13.6%Best | -18.8% |
| $10,000 over 4.2 years | $10,401 | $20,566Best |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | Long Term High Quality | Large Cap Blend |
| Inception | Jul 6, 2022 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.2 years row, are measured over the window both funds cover: Jul 8, 2022 to Sep 16, 2026 (4.2 years).
IBTM 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 4.2 years both funds cover.
IBTM vs IVV Performance
iShares iBonds Dec 2032 Term Treasury ETF (IBTM) 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 IBTM returned -2.02% while IVV returned +15.62%. Year to date, IBTM is down 2.32% versus a gain of 11.03% for IVV.
Over three years, IBTM compounded at +3.30% per year against +20.81% for IVV. Across the full 4-year window we track, IVV has the edge at +18.73% annualized vs +0.94%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 14.4% compared with 7.3% 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 -18.8% 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 0.54. They move together some of the time, and apart the rest.
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 3.96% against 1.06% for IVV.
Holdings Overlap
At least 0.1% of IVV's money is in holdings IBTM also owns.
Stated as a floor: for IBTM, our book for it covers 79.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 12 positions we hold weights for in IBTM and 490 in IVV, against full books of 17 and 508.
Top Shared Holdings
| Stock | Weight in IBTM | Weight in IVV | Difference |
|---|---|---|---|
| XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares | 0.31% | 0.15% | 0.16% |
You are not choosing between two funds in isolation.
Whichever of IBTM 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, IBTM or IVV?
IBTM 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, IBTM or IVV?
Over the past year IBTM returned -2.02% vs +15.62% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IBTM annualized +0.94% vs +18.73% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IBTM or IVV?
IVV has been the more volatile fund at 14.4% annualized versus 7.3% for IBTM. Worst drawdown: IBTM -13.6% vs IVV -18.8%.
Should I hold both IBTM and IVV?
IBTM and IVV have a monthly-return correlation of 0.54, 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, IBTM or IVV?
IBTM yields 3.96% while IVV yields 1.06%, so IBTM currently pays the higher dividend yield.
Is IVV better than IBTM?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.