IVV vs KWH
iShares Core S&P 500 ETF vs GMO Power Infrastructure ETF
Which is better, IVV or KWH?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. KWH is less concentrated, with 32.1% 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 | KWH |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.60% |
| AUM | $886.7B | - |
| Dividend Yield | 1.10% | 0.00% |
| Holdings | 508 | 72 |
| YTD Return | +12.70%Best | +0.03% |
| 1Y Return | +19.36% | - |
| 3Y Return (annualized) | +21.16% | - |
| 5Y Return (annualized) | +12.75% | - |
| Top 10 Weight | 37.9% | 32.1%Best |
| Fund Family | iShares by BlackRock (US) | GMO |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Jul 14, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
IVV vs KWH 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs KWH Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and GMO Power Infrastructure ETF (KWH) is an ETF from GMO. Year to date, IVV is up 12.70% versus a gain of 0.03% for KWH.
Past performance does not guarantee future results.
Fees and Cost Over Time
IVV charges 0.03% per year while KWH charges 0.60%. On a $10,000 position that is $3 vs $60 annually, a gap of $57 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.00% for KWH.
Holdings Overlap
2.6% of IVV's money is in holdings KWH also owns. 39.7% of KWH's money is in holdings IVV also owns.
The two portfolios partly overlap.
28 positions in common, counted across the 504 positions we hold weights for in IVV and 70 in KWH, against full books of 508 and 72.
What only one of them owns
Our book lists 15 positions for KWH that do not appear in our book for IVV (15.3% of the fund), and 465 for IVV that do not appear in KWH (96.6%).
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 KWH | Difference |
|---|---|---|---|
| TTTrane Technologies Plc Common Stock | 0.16% | 2.80% | 2.64% |
| NEENextera Energy Inc | 0.27% | 2.60% | 2.33% |
| SOSouthern Co. | 0.16% | 2.10% | 1.94% |
| DUKDuke Energy Corp. | 0.14% | 2.00% | 1.86% |
| EXCExelon Corp. | 0.07% | 1.90% | 1.83% |
| EQTEqt Corp. | 0.05% | 1.90% | 1.85% |
| CHKChesapeake Energy Corp | 0.03% | 1.90% | 1.87% |
| EDConsolidated Edison Inc. | 0.06% | 1.80% | 1.74% |
| AEPAmerican Electric Power Co Inc | 0.10% | 1.70% | 1.60% |
| JCIJohnson Controls Intl Plc | 0.14% | 1.50% | 1.36% |
39.7% of KWH 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 KWH?
IVV has an expense ratio of 0.03% while KWH charges 0.60%. IVV is the cheaper option, by $57 a year on a $10,000 investment.
What is the holdings overlap between IVV and KWH?
39.7% of KWH's money is in holdings IVV also owns. 39.7% of KWH's is in holdings IVV also owns. They hold 28 positions in common, counted across the 504 positions we hold weights for in IVV and 70 in KWH.
Which pays a higher dividend, IVV or KWH?
IVV yields 1.10% while KWH yields 0.00%, so IVV currently pays the higher dividend yield.
Is KWH better than IVV?
IVV has a lower expense ratio. KWH is less concentrated, with 32.1% 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.