IEO vs IVV

IEO vs IVV
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Quick Verdict

IVV has a lower expense ratio. IEO delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.

Lower Fees: IVVHigher Returns: IEOMore Diversified: IVV

Side-by-Side Comparison

MetricIEOIVVWinner
Expense Ratio0.37%0.03%
AUM$589M$907.0B
Dividend Yield1.87%1.10%
Holdings50508
YTD Return+51.16%+12.71%
1Y Return+57.96%+21.89%
3Y Return (annualized)+14.98%+22.08%
5Y Return (annualized)+26.55%+12.96%
Volatility (annualized)32.2%15.1%
Max Drawdown-80.7%-56.5%
Fund FamilyiShares by BlackRock (US)iShares by BlackRock (US)
CategoryEquityEquity
InceptionMay 1, 2006May 15, 2000

IEO vs IVV Performance

iShares US Oil & Gas Exploration & Production ETF (IEO) 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 IEO returned +57.96% while IVV returned +21.89%. Year to date, IEO is up 51.16% versus a gain of 12.71% for IVV.

Over three years, IEO compounded at +14.98% per year against +22.08% for IVV; over five years the annualized figures are +26.55% and +12.96% respectively. Across the full 20-year window we track, IVV has the edge at +7.00% annualized vs +5.77%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IEO has been the more volatile fund, with annualized monthly volatility of 32.2% compared with 15.1% for IVV. 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 -80.7% for IEO 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IEO charges 0.37% per year while IVV charges 0.03%. On a $10,000 position that is $37 vs $3 annually, a gap of $34 per year that compounds over a long holding period. On income, IEO currently yields 1.87% against 1.10% for IVV.

Holdings Overlap

1.2%overlap

IEO and IVV share 12 holdings out of 540 unique holdings combined, representing a 1.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IEOWeight in IVVDifference
COP17.66%0.22%17.44%
VLO11.31%0.14%11.17%
MPC10.95%0.14%10.81%
EOGProProPro
PSXProProPro
EQTProProPro
FANGProProPro
DVNProProPro
TPLProProPro
EXEProProPro
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Frequently Asked Questions

Which is cheaper, IEO or IVV?

IEO has an expense ratio of 0.37% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $34 per year of difference.

Which performed better, IEO or IVV?

Over the past year IEO returned +57.96% vs +21.89% for IVV, so IEO leads on 1-year performance. Over the longest common window we track (20 years), IEO annualized +5.77% vs +7.00% for IVV. Past performance does not guarantee future results.

Which is riskier, IEO or IVV?

IEO has been the more volatile fund at 32.2% annualized versus 15.1% for IVV. Worst drawdown: IEO -80.7% vs IVV -56.5%.

Should I hold both IEO and IVV?

IEO and IVV have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IEO and IVV?

IEO and IVV share 12 common holdings with a 1.2% weight overlap. Combined, they hold 540 unique securities.

Which pays a higher dividend, IEO or IVV?

IEO yields 1.87% while IVV yields 1.10%, so IEO currently pays the higher dividend yield.

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