IVV vs IVVM
iShares Core S&P 500 ETF vs iShares Large Cap Moderate Quarterly Laddered ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | IVVM | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.50% | |
| AUM | $865.2B | $174M | |
| Dividend Yield | 1.09% | 0.59% | |
| Holdings | 508 | 14 | |
| YTD Return | +13.43% | +8.54% | |
| 1Y Return | +22.61% | +14.14% | |
| 3Y Return (annualized) | +21.47% | +14.01% | |
| 5Y Return (annualized) | +13.26% | - | |
| Volatility (annualized) | 15.1% | 6.7% | |
| Max Drawdown | -56.5% | -11.6% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jun 28, 2023 |
IVV vs IVVM Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and iShares Large Cap Moderate Quarterly Laddered ETF (IVVM) is a ETF from iShares by BlackRock (US). Over the past year IVV returned +22.61% while IVVM returned +14.14%. Year to date, IVV is up 13.43% versus a gain of 8.54% for IVVM.
Over three years, IVV compounded at +21.47% per year against +14.01% for IVVM. Across the full 3-year window we track, IVVM has the edge at +13.80% annualized vs +7.03%. 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 6.7% for IVVM. 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 -56.5% for IVV and -11.6% for IVVM. 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 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while IVVM charges 0.50%. On a $10,000 position that is $3 vs $50 annually, a gap of $47 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.59% for IVVM.
Holdings Overlap
IVV and IVVM share 1 holdings out of 507 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in IVVM | Difference |
|---|---|---|---|
| XTSLA | 0.15% | 0.33% | 0.18% |
Frequently Asked Questions
Which is cheaper, IVV or IVVM?
IVV has an expense ratio of 0.03% while IVVM charges 0.50%. IVV is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, IVV or IVVM?
Over the past year IVV returned +22.61% vs +14.14% for IVVM, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.03% vs +13.80% for IVVM. Past performance does not guarantee future results.
Which is riskier, IVV or IVVM?
IVV has been the more volatile fund at 15.1% annualized versus 6.7% for IVVM. Worst drawdown: IVV -56.5% vs IVVM -11.6%.
Should I hold both IVV and IVVM?
IVV and IVVM have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and IVVM?
IVV and IVVM share 1 common holdings with a 0.1% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, IVV or IVVM?
IVV yields 1.09% while IVVM yields 0.59%, so IVV currently pays the higher dividend yield.
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