ISVL vs IVV
iShares International Developed Small Cap Value Factor ETF vs iShares Core S&P 500 ETF
Which is better, ISVL or IVV?
Small Cap Value against Large Cap Blend.
IVV has a lower expense ratio. ISVL led over 1Y and 3Y, IVV over 5Y and the full window. ISVL is less concentrated, with 9.8% of the fund in its ten largest positions against 37.9%.
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 | ISVL | IVV |
|---|---|---|
| Expense Ratio | 0.31% | 0.03%Best |
| AUM | $337M | $876.4B |
| Dividend Yield | 3.06% | 1.06% |
| Holdings | 538 | 508 |
| YTD Return | +13.31%Best | +11.57% |
| 1Y Return | +22.88%Best | +17.57% |
| 3Y Return (annualized) | +23.11%Best | +20.71% |
| 5Y Return (annualized) | +11.29% | +12.80%Best |
| Volatility (annualized) | 16.5% | 15.3%Best |
| Max Drawdown | -30.5% | -24.5%Best |
| $10,000 over 5 years | $17,072 | $18,262Best |
| Top 10 Weight | 9.8%Best | 37.9% |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Blend |
| Inception | Mar 23, 2021 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Mar 25, 2021 to Sep 10, 2026 (5.5 years).
ISVL 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 5.5 years both funds cover.
ISVL vs IVV Performance
iShares International Developed Small Cap Value Factor ETF (ISVL) is an ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year ISVL returned +22.88% while IVV returned +17.57%. Year to date, ISVL is up 13.31% versus a gain of 11.57% for IVV.
Over three years, ISVL compounded at +23.11% per year against +20.71% for IVV; over five years the annualized figures are +11.29% and +12.80% respectively. Across the full 6-year window we track, IVV has the edge at +14.50% annualized vs +12.01%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ISVL has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 15.3% 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 -30.5% for ISVL and -24.5% 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ISVL charges 0.31% per year while IVV charges 0.03%. On a $10,000 position that is $31 vs $3 annually, a gap of $28 per year that compounds over a long holding period. On income, ISVL currently yields 3.06% against 1.06% for IVV.
Holdings Overlap
0.1% of ISVL's money is in holdings IVV also owns. 0.2% of IVV's money is in holdings ISVL also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 511 positions we hold weights for in ISVL and 505 in IVV, against full books of 538 and 508.
What only one of them owns
Our book lists 494 positions for IVV that do not appear in our book for ISVL (99.2% of the fund), and 2 for ISVL that do not appear in IVV (0.2%).
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 ISVL | Weight in IVV | Difference |
|---|---|---|---|
| XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares | 0.05% | 0.18% | 0.13% |
You are not choosing between two funds in isolation.
Whichever of ISVL 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, ISVL or IVV?
ISVL has an expense ratio of 0.31% while IVV charges 0.03%. IVV is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, ISVL or IVV?
Over the past year ISVL returned +22.88% vs +17.57% for IVV, so ISVL leads on 1-year performance. Over the longest common window we track (6 years), ISVL annualized +12.01% vs +14.50% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ISVL or IVV?
ISVL has been the more volatile fund at 16.5% annualized versus 15.3% for IVV. Worst drawdown: ISVL -30.5% vs IVV -24.5%.
Should I hold both ISVL and IVV?
ISVL and IVV have a monthly-return correlation of 0.75, 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, ISVL or IVV?
ISVL yields 3.06% while IVV yields 1.06%, so ISVL currently pays the higher dividend yield.
Is IVV better than ISVL?
IVV has a lower expense ratio. ISVL led over 1Y and 3Y, IVV over 5Y and the full window. ISVL is less concentrated, with 9.8% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.