IVV vs IZRL
iShares Core S&P 500 ETF vs ARK Israel Innovative Technology 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 | IZRL | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.49% | |
| AUM | $865.2B | $142M | |
| Dividend Yield | 1.09% | 2.55% | |
| Holdings | 508 | 63 | |
| YTD Return | +13.72% | -1.29% | |
| 1Y Return | +21.64% | +13.22% | |
| 3Y Return (annualized) | +21.55% | +15.22% | |
| 5Y Return (annualized) | +13.27% | -0.14% | |
| Volatility (annualized) | 15.1% | 23.5% | |
| Max Drawdown | -56.5% | -60.0% | |
| Fund Family | iShares by BlackRock (US) | Ark Invest | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Dec 4, 2017 |
IVV vs IZRL Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and ARK Israel Innovative Technology ETF (IZRL) is a ETF from Ark Invest. Over the past year IVV returned +21.64% while IZRL returned +13.22%. Year to date, IVV is up 13.72% versus a loss of 1.29% for IZRL.
Over three years, IVV compounded at +21.55% per year against +15.22% for IZRL; over five years the annualized figures are +13.27% and -0.14% respectively. Across the full 9-year window we track, IVV has the edge at +7.04% annualized vs +5.32%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IZRL has been the more volatile fund, with annualized monthly volatility of 23.5% 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 -56.5% for IVV and -60.0% for IZRL. 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while IZRL charges 0.49%. On a $10,000 position that is $3 vs $49 annually, a gap of $46 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 2.55% for IZRL.
Holdings Overlap
IVV and IZRL share 0 holdings out of 571 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 IZRL?
IVV has an expense ratio of 0.03% while IZRL charges 0.49%. IVV is the cheaper option. On a $10,000 investment, that is $46 per year of difference.
Which performed better, IVV or IZRL?
Over the past year IVV returned +21.64% vs +13.22% for IZRL, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +7.04% vs +5.32% for IZRL. Past performance does not guarantee future results.
Which is riskier, IVV or IZRL?
IZRL has been the more volatile fund at 23.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs IZRL -60.0%.
Should I hold both IVV and IZRL?
IVV and IZRL have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and IZRL?
IVV and IZRL share 0 common holdings with a 0.0% weight overlap. Combined, they hold 571 unique securities.
Which pays a higher dividend, IVV or IZRL?
IVV yields 1.09% while IZRL yields 2.55%, so IZRL currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.