IDVZ vs SPY
Polen International Dividend Income ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IDVZ | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.09% | |
| AUM | $196M | $821.1B | |
| Dividend Yield | 3.36% | 1.01% | |
| Holdings | 44 | 505 | |
| YTD Return | +7.31% | +14.24% | |
| 1Y Return | +16.64% | +21.71% | |
| 3Y Return (annualized) | - | +22.10% | |
| 5Y Return (annualized) | - | +13.21% | |
| Volatility (annualized) | 10.3% | 15.3% | |
| Max Drawdown | -11.0% | -56.5% | |
| Fund Family | TrueShares | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Dec 26, 2024 | Jan 22, 1993 |
IDVZ vs SPY Performance
Polen International Dividend Income ETF (IDVZ) is a ETF from TrueShares and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year IDVZ returned +16.64% while SPY returned +21.71%. Year to date, IDVZ is up 7.31% versus a gain of 14.24% for SPY.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 10.3% for IDVZ. 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 -11.0% for IDVZ and -56.5% for SPY. 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 0.16. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IDVZ charges 0.75% per year while SPY charges 0.09%. On a $10,000 position that is $75 vs $9 annually, a gap of $66 per year that compounds over a long holding period. On income, IDVZ currently yields 3.36% against 1.01% for SPY.
Holdings Overlap
IDVZ and SPY share 0 holdings out of 548 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IDVZ or SPY?
IDVZ has an expense ratio of 0.75% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $66 per year of difference.
Which performed better, IDVZ or SPY?
Over the past year IDVZ returned +16.64% vs +21.71% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), IDVZ annualized +23.69% vs +8.86% for SPY. Past performance does not guarantee future results.
Which is riskier, IDVZ or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 10.3% for IDVZ. Worst drawdown: IDVZ -11.0% vs SPY -56.5%.
Should I hold both IDVZ and SPY?
IDVZ and SPY have a monthly-return correlation of 0.16, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IDVZ and SPY?
IDVZ and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 548 unique securities.
Which pays a higher dividend, IDVZ or SPY?
IDVZ yields 3.36% while SPY yields 1.01%, so IDVZ currently pays the higher dividend yield.
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