IGTR vs IVV
Innovator Gradient Tactical Rotation Strategy ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IGTR delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IGTR | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.80% | 0.03% | |
| AUM | $20M | $865.2B | |
| Dividend Yield | 0.67% | 1.09% | |
| Holdings | 110 | 508 | |
| YTD Return | +17.33% | +13.80% | |
| 1Y Return | +36.58% | +23.01% | |
| 3Y Return (annualized) | +15.29% | +21.77% | |
| 5Y Return (annualized) | - | +13.39% | |
| Volatility (annualized) | 15.1% | 15.1% | |
| Max Drawdown | -20.1% | -56.5% | |
| Fund Family | Innovator ETFs Trust | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Nov 17, 2022 | May 15, 2000 |
IGTR vs IVV Performance
Innovator Gradient Tactical Rotation Strategy ETF (IGTR) is a ETF from Innovator ETFs Trust and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year IGTR returned +36.58% while IVV returned +23.01%. Year to date, IGTR is up 17.33% versus a gain of 13.80% for IVV.
Over three years, IGTR compounded at +15.29% per year against +21.77% for IVV. Across the full 4-year window we track, IGTR has the edge at +9.43% annualized vs +7.04%. 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 15.1% for IGTR. 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 -20.1% for IGTR 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IGTR charges 0.80% per year while IVV charges 0.03%. On a $10,000 position that is $80 vs $3 annually, a gap of $77 per year that compounds over a long holding period. On income, IGTR currently yields 0.67% against 1.09% for IVV.
Holdings Overlap
IGTR and IVV share 94 holdings out of 512 unique holdings combined, representing a 19.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IGTR or IVV?
IGTR has an expense ratio of 0.80% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $77 per year of difference.
Which performed better, IGTR or IVV?
Over the past year IGTR returned +36.58% vs +23.01% for IVV, so IGTR leads on 1-year performance. Over the longest common window we track (4 years), IGTR annualized +9.43% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, IGTR or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 15.1% for IGTR. Worst drawdown: IGTR -20.1% vs IVV -56.5%.
Should I hold both IGTR and IVV?
IGTR and IVV have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IGTR and IVV?
IGTR and IVV share 94 common holdings with a 19.9% weight overlap. Combined, they hold 512 unique securities.
Which pays a higher dividend, IGTR or IVV?
IGTR yields 0.67% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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