IGV vs VOO
iShares Expanded Tech-Software Sector ETF vs Vanguard S&P 500 ETF
Which is better, IGV or VOO?
Large Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. IGV led over the full window, VOO over 1Y, 3Y and 5Y. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 61.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IGV | VOO |
|---|---|---|
| Expense Ratio | 0.38% | 0.03%Best |
| AUM | $14.9B | $997.4B |
| Dividend Yield | 0.02% | 1.08% |
| Holdings | 113 | 509 |
| YTD Return | +4.22% | +13.81%Best |
| 1Y Return | -0.34% | +21.53%Best |
| 3Y Return (annualized) | +13.76% | +21.46%Best |
| 5Y Return (annualized) | +4.55% | +12.87%Best |
| Volatility (annualized) | 20.8% | 14.1%Best |
| Max Drawdown | -45.9% | -34.3%Best |
| $10,000 over 5 years | $12,492 | $18,319Best |
| Top 10 Weight | 61.1% | 36.4%Best |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Jul 10, 2001 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 3, 2026 (16 years).
IGV vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 16 years both funds cover.
IGV vs VOO Performance
iShares Expanded Tech-Software Sector ETF (IGV) is an ETF from iShares by BlackRock (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year IGV returned -0.34% while VOO returned +21.53%. Year to date, IGV is up 4.22% versus a gain of 13.81% for VOO.
Over three years, IGV compounded at +13.76% per year against +21.46% for VOO; over five years the annualized figures are +4.55% and +12.87% respectively. Across the full 16-year window we track, IGV has the edge at +16.12% annualized vs +13.51%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IGV has been the more volatile fund, with annualized monthly volatility of 20.8% compared with 14.1% for VOO. 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 -45.9% for IGV and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IGV charges 0.38% per year while VOO charges 0.03%. On a $10,000 position that is $38 vs $3 annually, a gap of $35 per year that compounds over a long holding period. On income, IGV currently yields 0.02% against 1.08% for VOO.
Holdings Overlap
81.4% of IGV's money is in holdings VOO also owns. 7.6% of VOO's money is in holdings IGV also owns.
Most of IGV is already inside VOO. Owning both mostly buys the same companies twice.
23 positions in common, counted across the 107 positions we hold weights for in IGV and 505 in VOO, against full books of 113 and 509.
What only one of them owns
Our book lists 474 positions for VOO that do not appear in our book for IGV (91.9% of the fund), and 81 for IGV that do not appear in VOO (16.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IGV | Weight in VOO | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 9.42% | 4.30% | 5.12% |
| PANWPalo Alto Networks, Inc | 9.85% | 0.43% | 9.42% |
| PLTRPalantir Technologies Inc | 9.34% | 0.42% | 8.92% |
| CRWDCrowdstrike Holdings Inc. Class A | 7.15% | 0.30% | 6.85% |
| ORCLOracle Corp - Common | 5.51% | 0.39% | 5.12% |
| CRMSalesforce Inc Crm Us Equity | 5.28% | 0.20% | 5.08% |
| NOWServicenow, Inc | 4.08% | 0.16% | 3.92% |
| ADBEAdobe Systems | 3.54% | 0.13% | 3.41% |
| APPAppLovin Corp. Com Cl A | 3.44% | 0.21% | 3.23% |
| FTNTFortinet Inc | 3.45% | 0.15% | 3.30% |
81.4% of IGV is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IGV or VOO?
IGV has an expense ratio of 0.38% while VOO charges 0.03%. VOO is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, IGV or VOO?
Over the past year IGV returned -0.34% vs +21.53% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), IGV annualized +16.12% vs +13.51% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IGV or VOO?
IGV has been the more volatile fund at 20.8% annualized versus 14.1% for VOO. Worst drawdown: IGV -45.9% vs VOO -34.3%.
Should I hold both IGV and VOO?
IGV and VOO have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IGV and VOO?
81.4% of IGV's money is in holdings VOO also owns. 7.6% of VOO's is in holdings IGV also owns. They hold 23 positions in common, counted across the 107 positions we hold weights for in IGV and 505 in VOO.
Which pays a higher dividend, IGV or VOO?
IGV yields 0.02% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
Is VOO better than IGV?
VOO has a lower expense ratio. IGV led over the full window, VOO over 1Y, 3Y and 5Y. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 61.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.