IRVH vs IVV
Global X Interest Rate Volatility & Inflation Hedge 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 | IRVH | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.03% | |
| AUM | $1M | $907.0B | |
| Dividend Yield | 5.68% | 1.10% | |
| Holdings | 44 | 508 | |
| YTD Return | -4.20% | +12.71% | |
| 1Y Return | -4.36% | +21.89% | |
| 3Y Return (annualized) | +0.29% | +22.08% | |
| 5Y Return (annualized) | - | +12.96% | |
| Volatility (annualized) | 8.1% | 15.1% | |
| Max Drawdown | -15.0% | -56.5% | |
| Fund Family | Global X by mirae Asset | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 5, 2022 | May 15, 2000 |
IRVH vs IVV Performance
Global X Interest Rate Volatility & Inflation Hedge ETF (IRVH) is a ETF from Global X by mirae Asset and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year IRVH returned -4.36% while IVV returned +21.89%. Year to date, IRVH is down 4.20% versus a gain of 12.71% for IVV.
Over three years, IRVH compounded at +0.29% per year against +22.08% for IVV. Across the full 4-year window we track, IVV has the edge at +7.00% annualized vs -2.11%. 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 8.1% for IRVH. 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 -15.0% for IRVH 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 0.34. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IRVH charges 0.45% per year while IVV charges 0.03%. On a $10,000 position that is $45 vs $3 annually, a gap of $42 per year that compounds over a long holding period. On income, IRVH currently yields 5.68% against 1.10% for IVV.
Holdings Overlap
IRVH and IVV share 0 holdings out of 508 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, IRVH or IVV?
IRVH has an expense ratio of 0.45% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, IRVH or IVV?
Over the past year IRVH returned -4.36% vs +21.89% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IRVH annualized -2.11% vs +7.00% for IVV. Past performance does not guarantee future results.
Which is riskier, IRVH or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 8.1% for IRVH. Worst drawdown: IRVH -15.0% vs IVV -56.5%.
Should I hold both IRVH and IVV?
IRVH and IVV have a monthly-return correlation of 0.34, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IRVH and IVV?
IRVH and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, IRVH or IVV?
IRVH yields 5.68% while IVV yields 1.10%, so IRVH currently pays the higher dividend yield.
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