IVV vs KGRN
iShares Core S&P 500 ETF vs KraneShares MSCI China Clean Technology Index ETF
Which is better, IVV or KGRN?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 53.2%.
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 | KGRN |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.79% |
| AUM | $876.4B | $49M |
| Dividend Yield | 1.06% | 1.00% |
| Holdings | 508 | 53 |
| YTD Return | +12.51%Best | -20.41% |
| 1Y Return | +17.57%Best | -24.60% |
| 3Y Return (annualized) | +21.27%Best | -4.77% |
| 5Y Return (annualized) | +12.95%Best | -12.63% |
| Volatility (annualized) | 16.3%Best | 31.5% |
| Max Drawdown | -33.9%Best | -66.2% |
| $10,000 over 5 years | $18,384Best | $5,091 |
| Top 10 Weight | 37.9%Best | 53.2% |
| Fund Family | iShares by BlackRock (US) | KraneShares |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Oct 12, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Oct 13, 2017 to Sep 11, 2026 (8.9 years).
IVV vs KGRN 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 8.9 years both funds cover.
IVV vs KGRN Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and KraneShares MSCI China Clean Technology Index ETF (KGRN) is an ETF from KraneShares. Over the past year IVV returned +17.57% while KGRN returned -24.60%. Year to date, IVV is up 12.51% versus a loss of 20.41% for KGRN.
Over three years, IVV compounded at +21.27% per year against -4.77% for KGRN; over five years the annualized figures are +12.95% and -12.63% respectively. Across the full 9-year window we track, IVV has the edge at +14.06% annualized vs +0.00%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KGRN has been the more volatile fund, with annualized monthly volatility of 31.5% compared with 16.3% 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 -33.9% for IVV and -66.2% for KGRN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.32. They move together some of the time, and apart the rest.
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 1.06% against 1.00% for KGRN.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 50 in KGRN, totalling 100.0% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 505 positions we hold weights for in IVV and 50 in KGRN, against full books of 508 and 53.
What only one of them owns
Our book lists 3 positions for KGRN that do not appear in our book for IVV (2.6% of the fund), and 495 for IVV that do not appear in KGRN (99.3%).
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.
You are not choosing between two funds in isolation.
Whichever of IVV and KGRN 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 KGRN?
IVV has an expense ratio of 0.03% while KGRN charges 0.79%. IVV is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, IVV or KGRN?
Over the past year IVV returned +17.57% vs -24.60% for KGRN, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +14.06% vs +0.00% for KGRN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or KGRN?
KGRN has been the more volatile fund at 31.5% annualized versus 16.3% for IVV. Worst drawdown: IVV -33.9% vs KGRN -66.2%.
Should I hold both IVV and KGRN?
IVV and KGRN have a monthly-return correlation of 0.32, 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 KGRN?
IVV yields 1.06% while KGRN yields 1.00%, so IVV currently pays the higher dividend yield.
Is KGRN better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 53.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.