IHD vs IVV
Voya Emerging Markets High Dividend Equity Fund vs iShares Core S&P 500 ETF
Which is better, IHD or IVV?
Each has led over a different period.
IVV has a lower expense ratio. IHD led over 1Y and 3Y, IVV over 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 40.3%.
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 | IHD | IVV |
|---|---|---|
| Expense Ratio | 0.77% | 0.03%Best |
| AUM | $108M | $886.7B |
| Dividend Yield | 8.88% | 1.10% |
| Holdings | 313 | 508 |
| YTD Return | +28.56%Best | +13.39% |
| 1Y Return | +44.44%Best | +20.08% |
| 3Y Return (annualized) | +29.47%Best | +21.29% |
| 5Y Return (annualized) | +12.54% | +12.88%Best |
| Volatility (annualized) | 19.4% | 14.3%Best |
| Max Drawdown | -76.8% | -33.9%Best |
| $10,000 over 5 years | $18,052 | $18,327Best |
| Top 10 Weight | 40.3% | 37.9%Best |
| Fund Family | Voya Investment Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 26, 2011 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Apr 27, 2011 to Sep 4, 2026 (15.4 years).
IHD vs IVV 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 15.4 years both funds cover.
IHD vs IVV Performance
Voya Emerging Markets High Dividend Equity Fund (IHD) is an ETF from Voya Investment Management and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year IHD returned +44.44% while IVV returned +20.08%. Year to date, IHD is up 28.56% versus a gain of 13.39% for IVV.
Over three years, IHD compounded at +29.47% per year against +21.29% for IVV; over five years the annualized figures are +12.54% and +12.88% respectively. Across the full 15-year window we track, IVV has the edge at +12.54% annualized vs -2.10%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IHD has been the more volatile fund, with annualized monthly volatility of 19.4% compared with 14.3% 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 -76.8% for IHD and -33.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IHD charges 0.77% per year while IVV charges 0.03%. On a $10,000 position that is $77 vs $3 annually, a gap of $74 per year that compounds over a long holding period. On income, IHD currently yields 8.88% against 1.10% for IVV.
Holdings Overlap
We hold position weights for 306 holdings in IHD and 505 in IVV, totalling 99.4% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 66 days apart, IHD as of May 31, 2026 and IVV as of Aug 5, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 306 positions we hold weights for in IHD and 505 in IVV, against full books of 313 and 508.
What only one of them owns
Our book lists 497 positions for IVV that do not appear in our book for IHD (99.3% of the fund), and 3 for IHD that do not appear in IVV (3.0%).
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.
You are not choosing between two funds in isolation.
Whichever of IHD and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IHD or IVV?
IHD has an expense ratio of 0.77% while IVV charges 0.03%. IVV is the cheaper option, by $74 a year on a $10,000 investment.
Which performed better, IHD or IVV?
Over the past year IHD returned +44.44% vs +20.08% for IVV, so IHD leads on 1-year performance. Over the longest common window we track (15 years), IHD annualized -2.10% vs +12.54% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IHD or IVV?
IHD has been the more volatile fund at 19.4% annualized versus 14.3% for IVV. Worst drawdown: IHD -76.8% vs IVV -33.9%.
Should I hold both IHD and IVV?
IHD and IVV have a monthly-return correlation of 0.63, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IHD or IVV?
IHD yields 8.88% while IVV yields 1.10%, so IHD currently pays the higher dividend yield.
Is IVV better than IHD?
IVV has a lower expense ratio. IHD led over 1Y and 3Y, IVV over 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 40.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.