IVV vs KVLE
iShares Core S&P 500 ETF vs KraneShares Value Line Dynamic Dividend Equity 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 | KVLE | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.56% | |
| AUM | $907.0B | $43M | |
| Dividend Yield | 1.10% | 7.46% | |
| Holdings | 508 | 84 | |
| YTD Return | +12.28% | +15.22% | |
| 1Y Return | +20.94% | +18.20% | |
| 3Y Return (annualized) | +21.81% | +16.46% | |
| 5Y Return (annualized) | +13.05% | +10.69% | |
| Volatility (annualized) | 15.1% | 13.7% | |
| Max Drawdown | -56.5% | -18.4% | |
| Fund Family | iShares by BlackRock (US) | KraneShares | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Nov 24, 2020 |
IVV vs KVLE Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and KraneShares Value Line Dynamic Dividend Equity Index ETF (KVLE) is a ETF from KraneShares. Over the past year IVV returned +20.94% while KVLE returned +18.20%. Year to date, IVV is up 12.28% versus a gain of 15.22% for KVLE.
Over three years, IVV compounded at +21.81% per year against +16.46% for KVLE; over five years the annualized figures are +13.05% and +10.69% respectively. Across the full 6-year window we track, KVLE has the edge at +12.88% annualized vs +6.98%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.7% for KVLE. 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 -18.4% for KVLE. 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 0.91. 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 KVLE charges 0.56%. On a $10,000 position that is $3 vs $56 annually, a gap of $53 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 7.46% for KVLE.
Holdings Overlap
IVV and KVLE share 6 holdings out of 505 unique holdings combined, representing a 6.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or KVLE?
IVV has an expense ratio of 0.03% while KVLE charges 0.56%. IVV is the cheaper option. On a $10,000 investment, that is $53 per year of difference.
Which performed better, IVV or KVLE?
Over the past year IVV returned +20.94% vs +18.20% for KVLE, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +6.98% vs +12.88% for KVLE. Past performance does not guarantee future results.
Which is riskier, IVV or KVLE?
IVV has been the more volatile fund at 15.1% annualized versus 13.7% for KVLE. Worst drawdown: IVV -56.5% vs KVLE -18.4%.
Should I hold both IVV and KVLE?
IVV and KVLE have a monthly-return correlation of 0.91, 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 KVLE?
IVV and KVLE share 6 common holdings with a 6.9% weight overlap. Combined, they hold 505 unique securities.
Which pays a higher dividend, IVV or KVLE?
IVV yields 1.10% while KVLE yields 7.46%, so KVLE currently pays the higher dividend yield.
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