IVV vs KPRO
iShares Core S&P 500 ETF vs KraneShares 100% KWEB Defined Outcome January 2026 ETF
Which is better, IVV or KPRO?
Large Cap Blend against Option Writing.
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 | KPRO |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.00% |
| AUM | $876.4B | $3M |
| Dividend Yield | 1.06% | 0.00% |
| Holdings | 508 | 4 |
| YTD Return | +11.57%Best | -7.82% |
| 1Y Return | +17.57%Best | -12.58% |
| 3Y Return (annualized) | +20.71% | - |
| 5Y Return (annualized) | +12.80% | - |
| Volatility (annualized) | 12.1% | 8.1%Best |
| Max Drawdown | -18.8% | -15.6%Best |
| $10,000 over 2.6 years | $15,733Best | $10,652 |
| Fund Family | iShares by BlackRock (US) | KraneShares |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Option Writing |
| Inception | May 15, 2000 | Feb 7, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 8, 2024 to Sep 10, 2026 (2.6 years).
IVV vs KPRO 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 2.6 years both funds cover.
IVV vs KPRO Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and KraneShares 100% KWEB Defined Outcome January 2026 ETF (KPRO) is an ETF from KraneShares. Over the past year IVV returned +17.57% while KPRO returned -12.58%. Year to date, IVV is up 11.57% versus a loss of 7.82% for KPRO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.1% compared with 8.1% for KPRO. 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 -15.6% for KPRO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.19. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while KPRO charges 1.00%. On a $10,000 position that is $3 vs $100 annually, a gap of $97 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.00% for KPRO.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 1 in KPRO, totalling 100.0% and 84.3% 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 1 in KPRO, against full books of 508 and 4.
You are not choosing between two funds in isolation.
Whichever of IVV and KPRO 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 KPRO?
IVV has an expense ratio of 0.03% while KPRO charges 1.00%. IVV is the cheaper option, by $97 a year on a $10,000 investment.
Which performed better, IVV or KPRO?
Over the past year IVV returned +17.57% vs -12.58% for KPRO, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or KPRO?
IVV has been the more volatile fund at 12.1% annualized versus 8.1% for KPRO. Worst drawdown: IVV -18.8% vs KPRO -15.6%.
Should I hold both IVV and KPRO?
IVV and KPRO have a monthly-return correlation of 0.19, 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 KPRO?
IVV yields 1.06% while KPRO yields 0.00%, so IVV currently pays the higher dividend yield.
Is KPRO 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.