IGEB vs IVV
iShares Investment Grade Systematic Bond 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 508 holdings.
Side-by-Side Comparison
| Metric | IGEB | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.03% | |
| AUM | $1.5B | $907.0B | |
| Dividend Yield | 5.14% | 1.10% | |
| Holdings | 475 | 508 | |
| YTD Return | -3.27% | +12.96% | |
| 1Y Return | -1.21% | +20.70% | |
| 3Y Return (annualized) | +4.96% | +22.10% | |
| 5Y Return (annualized) | -0.19% | +13.40% | |
| Volatility (annualized) | 7.3% | 15.1% | |
| Max Drawdown | -21.1% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jul 11, 2017 | May 15, 2000 |
IGEB vs IVV Performance
iShares Investment Grade Systematic Bond ETF (IGEB) 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 IGEB returned -1.21% while IVV returned +20.70%. Year to date, IGEB is down 3.27% versus a gain of 12.96% for IVV.
Over three years, IGEB compounded at +4.96% per year against +22.10% for IVV; over five years the annualized figures are -0.19% and +13.40% respectively. Across the full 9-year window we track, IVV has the edge at +7.01% annualized vs +2.56%. 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 7.3% for IGEB. 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 -21.1% for IGEB 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 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IGEB charges 0.18% per year while IVV charges 0.03%. On a $10,000 position that is $18 vs $3 annually, a gap of $15 per year that compounds over a long holding period. On income, IGEB currently yields 5.14% against 1.10% for IVV.
Holdings Overlap
IGEB and IVV share 4 holdings out of 875 unique holdings combined, representing a 0.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IGEB or IVV?
IGEB has an expense ratio of 0.18% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $15 per year of difference.
Which performed better, IGEB or IVV?
Over the past year IGEB returned -1.21% vs +20.70% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IGEB annualized +2.56% vs +7.01% for IVV. Past performance does not guarantee future results.
Which is riskier, IGEB or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 7.3% for IGEB. Worst drawdown: IGEB -21.1% vs IVV -56.5%.
Should I hold both IGEB and IVV?
IGEB and IVV have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IGEB and IVV?
IGEB and IVV share 4 common holdings with a 0.5% weight overlap. Combined, they hold 875 unique securities.
Which pays a higher dividend, IGEB or IVV?
IGEB yields 5.14% while IVV yields 1.10%, so IGEB currently pays the higher dividend yield.
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