IVV vs KEAT
iShares Core S&P 500 ETF vs Keating Active ETF
Which is better, IVV or KEAT?
Each has led over a different period.
IVV has a lower expense ratio. IVV led over the full window, KEAT over 1Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 67.9%.
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 | KEAT |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.85% |
| AUM | $876.4B | $124M |
| Dividend Yield | 1.06% | 2.40% |
| Holdings | 508 | 30 |
| YTD Return | +11.57% | +14.32%Best |
| 1Y Return | +17.57% | +21.70%Best |
| 3Y Return (annualized) | +20.71% | - |
| 5Y Return (annualized) | +12.80% | - |
| Volatility (annualized) | 12.2% | 11.9%Best |
| Max Drawdown | -18.8% | -10.6%Best |
| $10,000 over 2.5 years | $15,010Best | $14,555 |
| Top 10 Weight | 37.9%Best | 67.9% |
| Fund Family | iShares by BlackRock (US) | Keating Investment Counselors |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Mar 27, 2024 |
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Mar 27, 2024 to Sep 10, 2026 (2.5 years).
IVV vs KEAT 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 2.5 years both funds cover.
IVV vs KEAT Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Keating Active ETF (KEAT) is an ETF from Keating Investment Counselors. Over the past year IVV returned +17.57% while KEAT returned +21.70%. Year to date, IVV is up 11.57% versus a gain of 14.32% for KEAT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 11.9% for KEAT. 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 -10.6% for KEAT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.16. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while KEAT charges 0.85%. On a $10,000 position that is $3 vs $85 annually, a gap of $82 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 2.40% for KEAT.
Holdings Overlap
1.1% of IVV's money is in holdings KEAT also owns. 10.8% of KEAT's money is in holdings IVV also owns.
KEAT and IVV share little of their money.
6 positions in common, counted across the 505 positions we hold weights for in IVV and 29 in KEAT, against full books of 508 and 30.
What only one of them owns
Our book lists 11 positions for KEAT that do not appear in our book for IVV (54.9% of the fund), and 489 for IVV that do not appear in KEAT (98.3%).
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 IVV | Weight in KEAT | Difference |
|---|---|---|---|
| VZVerizon Communications, Inc. | 0.29% | 3.57% | 3.28% |
| LMTLockheed Martin Corp | 0.18% | 2.63% | 2.45% |
| TAPMolson Coors Brewing Co. Class B | 0.01% | 2.72% | 2.71% |
| PMPhilip Morris International Inc. | 0.44% | 1.01% | 0.57% |
| UPSUnited Parcel Service, Inc | 0.12% | 0.51% | 0.39% |
| WYWeyerhaeuser Co. | 0.03% | 0.40% | 0.37% |
You are not choosing between two funds in isolation.
Whichever of IVV and KEAT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or KEAT?
IVV has an expense ratio of 0.03% while KEAT charges 0.85%. IVV is the cheaper option, by $82 a year on a $10,000 investment.
Which performed better, IVV or KEAT?
Over the past year IVV returned +17.57% vs +21.70% for KEAT, so KEAT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or KEAT?
IVV has been the more volatile fund at 12.2% annualized versus 11.9% for KEAT. Worst drawdown: IVV -18.8% vs KEAT -10.6%.
Should I hold both IVV and KEAT?
IVV and KEAT have a monthly-return correlation of 0.16, 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 KEAT?
10.8% of KEAT's money is in holdings IVV also owns. 10.8% of KEAT's is in holdings IVV also owns. They hold 6 positions in common, counted across the 505 positions we hold weights for in IVV and 29 in KEAT.
Which pays a higher dividend, IVV or KEAT?
IVV yields 1.06% while KEAT yields 2.40%, so KEAT currently pays the higher dividend yield.
Is KEAT better than IVV?
IVV has a lower expense ratio. IVV led over the full window, KEAT over 1Y. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 67.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.