IGV vs IVV
iShares Expanded Tech-Software Sector 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 | IGV | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.03% | |
| AUM | $12.6B | $865.2B | |
| Dividend Yield | 0.02% | 1.09% | |
| Holdings | 113 | 508 | |
| YTD Return | +3.57% | +14.50% | |
| 1Y Return | -2.98% | +22.02% | |
| 3Y Return (annualized) | +15.45% | +21.80% | |
| 5Y Return (annualized) | +5.39% | +13.37% | |
| Volatility (annualized) | 23.8% | 15.1% | |
| Max Drawdown | -63.5% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jul 10, 2001 | May 15, 2000 |
IGV vs IVV Performance
iShares Expanded Tech-Software Sector ETF (IGV) 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 IGV returned -2.98% while IVV returned +22.02%. Year to date, IGV is up 3.57% versus a gain of 14.50% for IVV.
Over three years, IGV compounded at +15.45% per year against +21.80% for IVV; over five years the annualized figures are +5.39% and +13.37% respectively. Across the full 25-year window we track, IGV has the edge at +9.83% annualized vs +7.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IGV has been the more volatile fund, with annualized monthly volatility of 23.8% 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 -63.5% for IGV 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IGV charges 0.39% per year while IVV charges 0.03%. On a $10,000 position that is $39 vs $3 annually, a gap of $36 per year that compounds over a long holding period. On income, IGV currently yields 0.02% against 1.09% for IVV.
Holdings Overlap
IGV and IVV share 25 holdings out of 589 unique holdings combined, representing a 8.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IGV or IVV?
IGV has an expense ratio of 0.39% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, IGV or IVV?
Over the past year IGV returned -2.98% vs +22.02% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (25 years), IGV annualized +9.83% vs +7.07% for IVV. Past performance does not guarantee future results.
Which is riskier, IGV or IVV?
IGV has been the more volatile fund at 23.8% annualized versus 15.1% for IVV. Worst drawdown: IGV -63.5% vs IVV -56.5%.
Should I hold both IGV and IVV?
IGV and IVV have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IGV and IVV?
IGV and IVV share 25 common holdings with a 8.0% weight overlap. Combined, they hold 589 unique securities.
Which pays a higher dividend, IGV or IVV?
IGV yields 0.02% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.