IVV vs KNG
iShares Core S&P 500 ETF vs FT Vest S&P 500 Dividend Aristocrats Target Income ETF
Which is better, IVV or KNG?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. KNG is less concentrated, with 16.2% of the fund in its ten largest positions against 37.9%.
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 | KNG |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.74% |
| AUM | $876.4B | $3.4B |
| Dividend Yield | 1.06% | 8.23% |
| Holdings | 508 | 139 |
| YTD Return | +11.57%Best | +2.86% |
| 1Y Return | +17.57%Best | +5.35% |
| 3Y Return (annualized) | +20.71%Best | +6.18% |
| 5Y Return (annualized) | +12.80%Best | +4.57% |
| Volatility (annualized) | 16.4% | 15.5%Best |
| Max Drawdown | -33.9%Best | -35.1% |
| $10,000 over 5 years | $18,262Best | $12,504 |
| Top 10 Weight | 37.9% | 16.2%Best |
| Fund Family | iShares by BlackRock (US) | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Mar 26, 2018 |
Volatility and max drawdown are measured over the window both funds cover: Mar 27, 2018 to Sep 10, 2026 (8.5 years).
IVV vs KNG 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 8.5 years both funds cover.
IVV vs KNG Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) is an ETF from First Trust Portfolios (US). Over the past year IVV returned +17.57% while KNG returned +5.35%. Year to date, IVV is up 11.57% versus a gain of 2.86% for KNG.
Over three years, IVV compounded at +20.71% per year against +6.18% for KNG; over five years the annualized figures are +12.80% and +4.57% respectively. Across the full 9-year window we track, IVV has the edge at +14.46% annualized vs +6.77%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 15.5% for KNG. 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 -35.1% for KNG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while KNG charges 0.74%. On a $10,000 position that is $3 vs $74 annually, a gap of $71 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 8.23% for KNG.
Holdings Overlap
10.6% of IVV's money is in holdings KNG also owns. 99.2% of KNG's money is in holdings IVV also owns.
Most of KNG is already inside IVV. Owning both mostly buys the same companies twice.
68 positions in common, counted across the 505 positions we hold weights for in IVV and 69 in KNG, against full books of 508 and 139.
What only one of them owns
Our book lists 0 positions for KNG that do not appear in our book for IVV (0.0% of the fund), and 427 for IVV that do not appear in KNG (88.8%).
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 KNG | Difference |
|---|---|---|---|
| JNJJohnson & Johnson | 0.93% | 1.42% | 0.49% |
| XOMExxon Mobil Corp. | 0.94% | 1.38% | 0.44% |
| WMTWalmart, Inc. | 0.74% | 1.45% | 0.71% |
| ABBVAbbvie Inc. | 0.65% | 1.37% | 0.72% |
| KOCoca Cola Co. | 0.51% | 1.49% | 0.98% |
| CATCaterpillar, Inc. | 0.60% | 1.38% | 0.78% |
| IBMInternational Business Machines Corp. | 0.33% | 1.61% | 1.28% |
| PGProcter & Gamble Company | 0.51% | 1.39% | 0.88% |
| CVXChevron Corp. | 0.52% | 1.36% | 0.84% |
| EMREmerson Electric Co. | 0.14% | 1.64% | 1.50% |
99.2% of KNG is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or KNG?
IVV has an expense ratio of 0.03% while KNG charges 0.74%. IVV is the cheaper option, by $71 a year on a $10,000 investment.
Which performed better, IVV or KNG?
Over the past year IVV returned +17.57% vs +5.35% for KNG, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +14.46% vs +6.77% for KNG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or KNG?
IVV has been the more volatile fund at 16.4% annualized versus 15.5% for KNG. Worst drawdown: IVV -33.9% vs KNG -35.1%.
Should I hold both IVV and KNG?
IVV and KNG have a monthly-return correlation of 0.86, 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 KNG?
99.2% of KNG's money is in holdings IVV also owns. 99.2% of KNG's is in holdings IVV also owns. They hold 68 positions in common, counted across the 505 positions we hold weights for in IVV and 69 in KNG.
Which pays a higher dividend, IVV or KNG?
IVV yields 1.06% while KNG yields 8.23%, so KNG currently pays the higher dividend yield.
Is KNG better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. KNG is less concentrated, with 16.2% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.