IVV vs KGRN
iShares Core S&P 500 ETF vs KraneShares MSCI China Clean Technology Index 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 | KGRN | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.79% | |
| AUM | $907.0B | $53M | |
| Dividend Yield | 1.10% | 0.94% | |
| Holdings | 508 | 53 | |
| YTD Return | +12.71% | -14.19% | |
| 1Y Return | +21.89% | -14.04% | |
| 3Y Return (annualized) | +22.08% | -1.82% | |
| 5Y Return (annualized) | +12.96% | -11.18% | |
| Volatility (annualized) | 15.1% | 31.6% | |
| Max Drawdown | -56.5% | -66.2% | |
| Fund Family | iShares by BlackRock (US) | KraneShares | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Oct 12, 2017 |
IVV vs KGRN Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and KraneShares MSCI China Clean Technology Index ETF (KGRN) is a ETF from KraneShares. Over the past year IVV returned +21.89% while KGRN returned -14.04%. Year to date, IVV is up 12.71% versus a loss of 14.19% for KGRN.
Over three years, IVV compounded at +22.08% per year against -1.82% for KGRN; over five years the annualized figures are +12.96% and -11.18% respectively. Across the full 9-year window we track, IVV has the edge at +7.00% annualized vs +0.86%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KGRN has been the more volatile fund, with annualized monthly volatility of 31.6% 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 -66.2% for KGRN. 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 0.32. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while KGRN charges 0.79%. On a $10,000 position that is $3 vs $79 annually, a gap of $76 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.94% for KGRN.
Holdings Overlap
IVV and KGRN share 0 holdings out of 509 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 KGRN?
IVV has an expense ratio of 0.03% while KGRN charges 0.79%. IVV is the cheaper option. On a $10,000 investment, that is $76 per year of difference.
Which performed better, IVV or KGRN?
Over the past year IVV returned +21.89% vs -14.04% for KGRN, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +7.00% vs +0.86% for KGRN. Past performance does not guarantee future results.
Which is riskier, IVV or KGRN?
KGRN has been the more volatile fund at 31.6% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs KGRN -66.2%.
Should I hold both IVV and KGRN?
IVV and KGRN have a monthly-return correlation of 0.32, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and KGRN?
IVV and KGRN share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, IVV or KGRN?
IVV yields 1.10% while KGRN yields 0.94%, so IVV currently pays the higher dividend yield.
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