IDEV vs IVV

IDEV vs IVV

Which is better, IDEV or IVV?

Each has led over a different period.

IVV has a lower expense ratio. IDEV led over 1Y, IVV over 3Y, 5Y and the full window.

Lower Fees: IVVHigher Returns: split

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

MetricIDEVIVV
Expense Ratio0.04%0.03%Best
AUM$32.7B$886.7B
Dividend Yield3.15%1.10%
Holdings2,344508
YTD Return+13.21%Best+12.70%
1Y Return+20.94%Best+19.36%
3Y Return (annualized)+18.72%+21.16%Best
5Y Return (annualized)+8.92%+12.75%Best
Volatility (annualized)15.3%Best15.8%
Max Drawdown-38.4%-33.9%Best
$10,000 over 5 years$15,330$18,221Best
Fund FamilyiShares by BlackRock (US)iShares by BlackRock (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionMar 21, 2017May 15, 2000

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Mar 23, 2017 to Sep 8, 2026 (9.5 years).

IDEV 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 9.5 years both funds cover.

IDEV vs IVV Performance

iShares Core MSCI International Developed Markets ETF (IDEV) 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 IDEV returned +20.94% while IVV returned +19.36%. Year to date, IDEV is up 13.21% versus a gain of 12.70% for IVV.

Over three years, IDEV compounded at +18.72% per year against +21.16% for IVV; over five years the annualized figures are +8.92% and +12.75% respectively. Across the full 10-year window we track, IVV has the edge at +14.20% annualized vs +8.34%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 15.3% for IDEV. 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 -38.4% for IDEV and -33.9% 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 0.85. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

IDEV charges 0.04% per year while IVV charges 0.03%. On a $10,000 position that is $4 vs $3 annually, a gap of $1 per year that compounds over a long holding period. On income, IDEV currently yields 3.15% against 1.10% for IVV.

Holdings Overlap

IVV already in IDEV0.8%

At least 0.8% of IVV's money is in holdings IDEV also owns.

Stated as a floor: for IDEV, our book for it covers 87.3% 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.

4 positions in common, counted across the 1,326 positions we hold weights for in IDEV and 504 in IVV, against full books of 2,344 and 508.

Top Shared Holdings

StockWeight in IDEVWeight in IVVDifference
ROPROPER TECHNOLOGIES INC0.99%0.06%0.93%
MRKMerck & Co. Inc.0.07%0.48%0.41%
XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares0.01%0.18%0.17%
UMG:ASUniversal Music Group N.V. Universal Music Group N V0.08%0.06%0.02%

You are not choosing between two funds in isolation.

Whichever of IDEV and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

IDEVIVV

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, IDEV or IVV?

IDEV has an expense ratio of 0.04% while IVV charges 0.03%. IVV is the cheaper option, by $1 a year on a $10,000 investment.

Which performed better, IDEV or IVV?

Over the past year IDEV returned +20.94% vs +19.36% for IVV, so IDEV leads on 1-year performance. Over the longest common window we track (10 years), IDEV annualized +8.34% vs +14.20% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, IDEV or IVV?

IVV has been the more volatile fund at 15.8% annualized versus 15.3% for IDEV. Worst drawdown: IDEV -38.4% vs IVV -33.9%.

Should I hold both IDEV and IVV?

IDEV and IVV have a monthly-return correlation of 0.85, 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, IDEV or IVV?

IDEV yields 3.15% while IVV yields 1.10%, so IDEV currently pays the higher dividend yield.

Is IVV better than IDEV?

IVV has a lower expense ratio. IDEV led over 1Y, IVV over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.