ITWO vs IVV
ProShares Russell 2000 High Income ETF vs iShares Core S&P 500 ETF
Which is better, ITWO or IVV?
Option Writing against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
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 | ITWO | IVV |
|---|---|---|
| Expense Ratio | 0.55% | 0.03%Best |
| AUM | $196M | $876.4B |
| Dividend Yield | 7.53% | 1.06% |
| Holdings | 1,981 | 508 |
| YTD Return | +8.89% | +13.32%Best |
| 1Y Return | +11.50% | +17.08%Best |
| 3Y Return (annualized) | - | +22.72% |
| 5Y Return (annualized) | - | +13.20% |
| Volatility (annualized) | 15.8% | 12.6%Best |
| Max Drawdown | -24.8% | -18.8%Best |
| $10,000 over 2 years | $12,875 | $14,237Best |
| Fund Family | ProShares | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Blend |
| Inception | Sep 4, 2024 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 5, 2024 to Sep 23, 2026 (2 years).
ITWO 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 2 years both funds cover.
ITWO vs IVV Performance
ProShares Russell 2000 High Income ETF (ITWO) is an ETF from ProShares and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year ITWO returned +11.50% while IVV returned +17.08%. Year to date, ITWO is up 8.89% versus a gain of 13.32% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ITWO has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 12.6% 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 -24.8% for ITWO and -18.8% 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ITWO charges 0.55% per year while IVV charges 0.03%. On a $10,000 position that is $55 vs $3 annually, a gap of $52 per year that compounds over a long holding period. On income, ITWO currently yields 7.53% against 1.06% for IVV.
Holdings Overlap
At least 0.2% of IVV's money is in holdings ITWO also owns.
Stated as a floor: for ITWO, our book for it covers 88.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 1,920 positions we hold weights for in ITWO and 490 in IVV, against full books of 1,981 and 508.
You are not choosing between two funds in isolation.
Whichever of ITWO 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, ITWO or IVV?
ITWO has an expense ratio of 0.55% while IVV charges 0.03%. IVV is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, ITWO or IVV?
Over the past year ITWO returned +11.50% vs +17.08% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), ITWO annualized +13.47% vs +19.32% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ITWO or IVV?
ITWO has been the more volatile fund at 15.8% annualized versus 12.6% for IVV. Worst drawdown: ITWO -24.8% vs IVV -18.8%.
Should I hold both ITWO and IVV?
ITWO and IVV have a monthly-return correlation of 0.84, 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, ITWO or IVV?
ITWO yields 7.53% while IVV yields 1.06%, so ITWO currently pays the higher dividend yield.
Is IVV better than ITWO?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.