IMF vs IVV
Invesco Managed Futures Strategy 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 | IMF | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.03% | |
| AUM | $317M | $907.0B | |
| Dividend Yield | 0.90% | 1.10% | |
| Holdings | 79 | 508 | |
| YTD Return | +13.27% | +13.22% | |
| 1Y Return | +19.61% | +21.62% | |
| 3Y Return (annualized) | - | +22.17% | |
| 5Y Return (annualized) | - | +13.42% | |
| Volatility (annualized) | 12.1% | 15.1% | |
| Max Drawdown | -15.1% | -56.5% | |
| Fund Family | Invesco (US) | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Mar 19, 2025 | May 15, 2000 |
IMF vs IVV Performance
Invesco Managed Futures Strategy ETF (IMF) is a ETF from Invesco (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year IMF returned +19.61% while IVV returned +21.62%. Year to date, IMF is up 13.27% versus a gain of 13.22% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 12.1% for IMF. 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 -15.1% for IMF 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 0.09. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IMF charges 0.65% per year while IVV charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, IMF currently yields 0.90% against 1.10% for IVV.
Holdings Overlap
IMF and IVV share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IMF or IVV?
IMF has an expense ratio of 0.65% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, IMF or IVV?
Over the past year IMF returned +19.61% vs +21.62% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IMF annualized +2.83% vs +7.02% for IVV. Past performance does not guarantee future results.
Which is riskier, IMF or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 12.1% for IMF. Worst drawdown: IMF -15.1% vs IVV -56.5%.
Should I hold both IMF and IVV?
IMF and IVV have a monthly-return correlation of 0.09, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IMF and IVV?
IMF and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IMF or IVV?
IMF yields 0.90% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
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