IVV vs KNGZ
iShares Core S&P 500 ETF vs First Trust S&P 500 Diversified Dividend Aristocrats ETF
Quick Verdict
IVV has a lower expense ratio. KNGZ delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | KNGZ | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.50% | |
| AUM | $907.0B | $67M | |
| Dividend Yield | 1.10% | 2.52% | |
| Holdings | 508 | 99 | |
| YTD Return | +12.71% | +19.83% | |
| 1Y Return | +21.89% | +25.76% | |
| 3Y Return (annualized) | +22.08% | +17.80% | |
| 5Y Return (annualized) | +12.96% | +10.25% | |
| Volatility (annualized) | 15.1% | 17.1% | |
| Max Drawdown | -56.5% | -37.5% | |
| Fund Family | iShares by BlackRock (US) | First Trust Portfolios (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jun 20, 2017 |
IVV vs KNGZ Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) is a ETF from First Trust Portfolios (US). Over the past year IVV returned +21.89% while KNGZ returned +25.76%. Year to date, IVV is up 12.71% versus a gain of 19.83% for KNGZ.
Over three years, IVV compounded at +22.08% per year against +17.80% for KNGZ; over five years the annualized figures are +12.96% and +10.25% respectively. Across the full 9-year window we track, KNGZ has the edge at +10.34% annualized vs +7.00%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KNGZ has been the more volatile fund, with annualized monthly volatility of 17.1% 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 -37.5% for KNGZ. 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while KNGZ charges 0.50%. On a $10,000 position that is $3 vs $50 annually, a gap of $47 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 2.52% for KNGZ.
Holdings Overlap
IVV and KNGZ share 97 holdings out of 506 unique holdings combined, representing a 15.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or KNGZ?
IVV has an expense ratio of 0.03% while KNGZ charges 0.50%. IVV is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, IVV or KNGZ?
Over the past year IVV returned +21.89% vs +25.76% for KNGZ, so KNGZ leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +7.00% vs +10.34% for KNGZ. Past performance does not guarantee future results.
Which is riskier, IVV or KNGZ?
KNGZ has been the more volatile fund at 17.1% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs KNGZ -37.5%.
Should I hold both IVV and KNGZ?
IVV and KNGZ have a monthly-return correlation of 0.90, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and KNGZ?
IVV and KNGZ share 97 common holdings with a 15.4% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or KNGZ?
IVV yields 1.10% while KNGZ yields 2.52%, so KNGZ currently pays the higher dividend yield.
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