IVV vs IWMY
iShares Core S&P 500 ETF vs Defiance R2000 Weekly Distribution 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 | IVV | IWMY | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.05% | |
| AUM | $907.0B | $98M | |
| Dividend Yield | 1.10% | 41.94% | |
| Holdings | 508 | 5 | |
| YTD Return | +12.71% | +14.37% | |
| 1Y Return | +21.89% | +17.94% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | 14.8% | |
| Max Drawdown | -56.5% | -35.7% | |
| Fund Family | iShares by BlackRock (US) | Defiance ETFs, LLC | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Oct 30, 2023 |
IVV vs IWMY Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Defiance R2000 Weekly Distribution ETF (IWMY) is a ETF from Defiance ETFs, LLC. Over the past year IVV returned +21.89% while IWMY returned +17.94%. Year to date, IVV is up 12.71% versus a gain of 14.37% for IWMY.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.8% for IWMY. 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 -35.7% for IWMY. 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 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while IWMY charges 1.05%. On a $10,000 position that is $3 vs $105 annually, a gap of $102 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 41.94% for IWMY.
Holdings Overlap
IVV and IWMY share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or IWMY?
IVV has an expense ratio of 0.03% while IWMY charges 1.05%. IVV is the cheaper option. On a $10,000 investment, that is $102 per year of difference.
Which performed better, IVV or IWMY?
Over the past year IVV returned +21.89% vs +17.94% for IWMY, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.00% vs -0.27% for IWMY. Past performance does not guarantee future results.
Which is riskier, IVV or IWMY?
IVV has been the more volatile fund at 15.1% annualized versus 14.8% for IWMY. Worst drawdown: IVV -56.5% vs IWMY -35.7%.
Should I hold both IVV and IWMY?
IVV and IWMY have a monthly-return correlation of 0.61, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and IWMY?
IVV and IWMY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or IWMY?
IVV yields 1.10% while IWMY yields 41.94%, so IWMY currently pays the higher dividend yield.
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