IVV vs IYRI
iShares Core S&P 500 ETF vs NEOS Real Estate High Income ETF
Which is better, IVV or IYRI?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 52.6%.
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 | IVV | IYRI |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.68% |
| AUM | $876.4B | $312M |
| Dividend Yield | 1.06% | 11.14% |
| Holdings | 508 | 64 |
| YTD Return | +12.27%Best | -3.32% |
| 1Y Return | +17.04%Best | -4.86% |
| 3Y Return (annualized) | +21.24% | - |
| 5Y Return (annualized) | +13.08% | - |
| Volatility (annualized) | 12.9% | 9.4%Best |
| Max Drawdown | -18.8% | -12.1%Best |
| $10,000 over 1.7 years | $13,164Best | $10,341 |
| Top 10 Weight | 37.8%Best | 52.6% |
| Fund Family | iShares by BlackRock (US) | NEOS |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jan 14, 2025 |
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Jan 15, 2025 to Sep 17, 2026 (1.7 years).
IVV vs IYRI 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 1.7 years both funds cover.
IVV vs IYRI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and NEOS Real Estate High Income ETF (IYRI) is an ETF from NEOS. Over the past year IVV returned +17.04% while IYRI returned -4.86%. Year to date, IVV is up 12.27% versus a loss of 3.32% for IYRI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 9.4% for IYRI. 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 -18.8% for IVV and -12.1% for IYRI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.47. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while IYRI charges 0.68%. On a $10,000 position that is $3 vs $68 annually, a gap of $65 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 11.14% for IYRI.
Holdings Overlap
1.8% of IVV's money is in holdings IYRI also owns. 80.3% of IYRI's money is in holdings IVV also owns.
Most of IYRI is already inside IVV. Owning both mostly buys the same companies twice.
30 positions in common, counted across the 490 positions we hold weights for in IVV and 60 in IYRI, against full books of 508 and 64.
What only one of them owns
Measured across the 490 and 60 positions we hold weights for.
IVV holds 452 positions IYRI does not, 96.8% of the fund.
Largest: NVDA 8.07%, AAPL 7.02%, MSFT 5.69%, AMZN 3.84%, GOOGL 3.00%
Top Shared Holdings
| Stock | Weight in IVV | Weight in IYRI | Difference |
|---|---|---|---|
| WELLWelltower, Inc. | 0.25% | 11.27% | 11.02% |
| PLDPrologis Inc | 0.20% | 9.02% | 8.82% |
| EQIXEquinix Inc. Real Estate Investment Trust | 0.16% | 4.59% | 4.43% |
| SPGSimon Property Group Inc | 0.10% | 4.54% | 4.44% |
| DLRDigital Realty Trust Inc. | 0.10% | 4.52% | 4.42% |
| AMTAmerican Tower Corporation | 0.12% | 4.14% | 4.02% |
| ORealty Income Corp. | 0.09% | 4.10% | 4.01% |
| PSAPublic Storage | 0.08% | 3.65% | 3.57% |
| EQRVivmark Residential | 0.07% | 3.53% | 3.46% |
| CBRECbre Services Inc | 0.06% | 3.20% | 3.14% |
80.3% of IYRI 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, IVV or IYRI?
IVV has an expense ratio of 0.03% while IYRI charges 0.68%. IVV is the cheaper option, by $65 a year on a $10,000 investment.
Which performed better, IVV or IYRI?
Over the past year IVV returned +17.04% vs -4.86% for IYRI, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +17.55% vs +1.99% for IYRI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or IYRI?
IVV has been the more volatile fund at 12.9% annualized versus 9.4% for IYRI. Worst drawdown: IVV -18.8% vs IYRI -12.1%.
Should I hold both IVV and IYRI?
IVV and IYRI have a monthly-return correlation of 0.47, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and IYRI?
80.3% of IYRI's money is in holdings IVV also owns. 80.3% of IYRI's is in holdings IVV also owns. They hold 30 positions in common, counted across the 490 positions we hold weights for in IVV and 60 in IYRI.
Which pays a higher dividend, IVV or IYRI?
IVV yields 1.06% while IYRI yields 11.14%, so IYRI currently pays the higher dividend yield.
Is IYRI better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 52.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.