IVE vs IVV
iShares S&P 500 Value ETF vs iShares Core S&P 500 ETF
Which is better, IVE or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. IVE led over 1Y, IVV over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. IVE is less concentrated, with 23.4% of the fund in its ten largest positions against 37.8%.
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 | IVE | IVV |
|---|---|---|
| Expense Ratio | 0.18% | 0.03%Best |
| AUM | $49.8B | $876.4B |
| Dividend Yield | 1.50% | 1.06% |
| Holdings | 444 | 508 |
| YTD Return | +9.95% | +11.03%Best |
| 1Y Return | +15.83%Best | +15.62% |
| 3Y Return (annualized) | +15.08% | +20.81%Best |
| 5Y Return (annualized) | +11.35% | +12.61%Best |
| Volatility (annualized) | 15.6% | 15.1%Best |
| Max Drawdown | -63.0% | -56.5%Best |
| $10,000 over 5 years | $17,118 | $18,109Best |
| Top 10 Weight | 23.4%Best | 37.8% |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | May 22, 2000 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: May 26, 2000 to Sep 16, 2026 (26.3 years).
IVE 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 26.3 years both funds cover.
IVE vs IVV Performance
iShares S&P 500 Value ETF (IVE) 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 IVE returned +15.83% while IVV returned +15.62%. Year to date, IVE is up 9.95% versus a gain of 11.03% for IVV.
Over three years, IVE compounded at +15.08% per year against +20.81% for IVV; over five years the annualized figures are +11.35% and +12.61% respectively. Across the full 26-year window we track, IVV has the edge at +7.01% annualized vs +5.74%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVE has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 15.1% 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 -63.0% for IVE and -56.5% 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVE charges 0.18% per year while IVV charges 0.03%. On a $10,000 position that is $18 vs $3 annually, a gap of $15 per year that compounds over a long holding period. On income, IVE currently yields 1.50% against 1.06% for IVV.
Holdings Overlap
96.8% of IVE's money is in holdings IVV also owns. 59.9% of IVV's money is in holdings IVE also owns.
Most of IVE is already inside IVV. Owning both mostly buys the same companies twice.
412 positions in common, counted across the 432 positions we hold weights for in IVE and 490 in IVV, against full books of 444 and 508.
What only one of them owns
Our book lists 72 positions for IVV that do not appear in our book for IVE (38.8% of the fund), and 18 for IVE that do not appear in IVV (2.2%).
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 IVE | Weight in IVV | Difference |
|---|---|---|---|
| AAPLApple, Inc | 7.71% | 7.02% | 0.69% |
| AMZNAmazon.Com Inc | 3.96% | 3.84% | 0.12% |
| XOMExxon Mobil Corp. | 2.21% | 1.01% | 1.20% |
| TSLATesla Inc | 1.30% | 1.56% | 0.26% |
| JPMJpmorgan Chase | 1.01% | 1.44% | 0.43% |
| WMTWalmart, Inc. | 1.52% | 0.69% | 0.83% |
| INTCIntel Corporation | 1.46% | 0.67% | 0.79% |
| COSTCostco Wholesale Corp. | 1.39% | 0.63% | 0.76% |
| BACBank of America Corp.: Financials | 1.34% | 0.61% | 0.73% |
| VVisa Inc Class A | 0.94% | 0.95% | 0.01% |
96.8% of IVE is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVE or IVV?
IVE has an expense ratio of 0.18% while IVV charges 0.03%. IVV is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, IVE or IVV?
Over the past year IVE returned +15.83% vs +15.62% for IVV, so IVE leads on 1-year performance. Over the longest common window we track (26 years), IVE annualized +5.74% vs +7.01% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVE or IVV?
IVE has been the more volatile fund at 15.6% annualized versus 15.1% for IVV. Worst drawdown: IVE -63.0% vs IVV -56.5%.
Should I hold both IVE and IVV?
IVE and IVV have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVE and IVV?
96.8% of IVE's money is in holdings IVV also owns. 59.9% of IVV's is in holdings IVE also owns. They hold 412 positions in common, counted across the 432 positions we hold weights for in IVE and 490 in IVV.
Which pays a higher dividend, IVE or IVV?
IVE yields 1.50% while IVV yields 1.06%, so IVE currently pays the higher dividend yield.
Is IVV better than IVE?
IVV has a lower expense ratio. IVE led over 1Y, IVV over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. IVE is less concentrated, with 23.4% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.