IVV vs KEM
iShares Core S&P 500 ETF vs KraneShares Dynamic Emerging Markets Strategy ETF
Which is better, IVV or KEM?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
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 | KEM |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.47% |
| AUM | $882.6B | $1M |
| Dividend Yield | 1.06% | 2.56% |
| Holdings | 508 | 3 |
| Volatility (annualized) | 13.8% | 13.5%Best |
| Max Drawdown | -18.8%Best | -25.7% |
| $10,000 over 1.7 years | $13,715Best | $10,994 |
| Fund Family | iShares by BlackRock (US) | KraneShares |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Aug 25, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 504 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IVV has data through Oct 6, 2026 and KEM through May 20, 2025.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Aug 25, 2023 to May 20, 2025 (1.7 years).
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 13.8% compared with 13.5% for KEM. 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 -25.7% for KEM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.28. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while KEM charges 0.47%. On a $10,000 position that is $3 vs $47 annually, a gap of $44 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 2.56% for KEM.
You are not choosing between two funds in isolation.
Whichever of IVV and KEM 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 KEM?
IVV has an expense ratio of 0.03% while KEM charges 0.47%. IVV is the cheaper option, by $44 a year on a $10,000 investment.
Which is riskier, IVV or KEM?
IVV has been the more volatile fund at 13.8% annualized versus 13.5% for KEM. Worst drawdown: IVV -18.8% vs KEM -25.7%.
Should I hold both IVV and KEM?
IVV and KEM have a monthly-return correlation of 0.28, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or KEM?
IVV yields 1.06% while KEM yields 2.56%, so KEM currently pays the higher dividend yield.
Is KEM better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.