ISEP vs IVV
Innovator International Developed Power Buffer ETF - September 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 | ISEP | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.85% | 0.03% | |
| AUM | $65M | $865.2B | |
| Dividend Yield | 0.00% | 1.09% | |
| Holdings | 6 | 508 | |
| YTD Return | +8.32% | +14.50% | |
| 1Y Return | +12.44% | +22.02% | |
| 3Y Return (annualized) | +12.61% | +21.80% | |
| 5Y Return (annualized) | - | +13.37% | |
| Volatility (annualized) | 7.5% | 15.1% | |
| Max Drawdown | -7.4% | -56.5% | |
| Fund Family | Innovator ETFs Trust | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Sep 1, 2023 | May 15, 2000 |
ISEP vs IVV Performance
Innovator International Developed Power Buffer ETF - September (ISEP) is a ETF from Innovator ETFs Trust and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year ISEP returned +12.44% while IVV returned +22.02%. Year to date, ISEP is up 8.32% versus a gain of 14.50% for IVV.
Over three years, ISEP compounded at +12.61% per year against +21.80% for IVV. Across the full 3-year window we track, ISEP has the edge at +12.61% annualized vs +7.07%. 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 7.5% for ISEP. 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 -7.4% for ISEP 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 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ISEP charges 0.85% per year while IVV charges 0.03%. On a $10,000 position that is $85 vs $3 annually, a gap of $82 per year that compounds over a long holding period. On income, ISEP currently yields 0.00% against 1.09% for IVV.
Frequently Asked Questions
Which is cheaper, ISEP or IVV?
ISEP has an expense ratio of 0.85% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, ISEP or IVV?
Over the past year ISEP returned +12.44% vs +22.02% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (3 years), ISEP annualized +12.61% vs +7.07% for IVV. Past performance does not guarantee future results.
Which is riskier, ISEP or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 7.5% for ISEP. Worst drawdown: ISEP -7.4% vs IVV -56.5%.
Should I hold both ISEP and IVV?
ISEP and IVV have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, ISEP or IVV?
ISEP yields 0.00% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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