IVV vs LDEM
iShares Core S&P 500 ETF vs iShares ESG MSCI EM Leaders ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | LDEM | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.17% | |
| AUM | $865.2B | $32M | |
| Dividend Yield | 1.09% | 2.93% | |
| Holdings | 508 | 459 | |
| YTD Return | +13.80% | +3.35% | |
| 1Y Return | +23.01% | +13.54% | |
| 3Y Return (annualized) | +21.77% | +14.25% | |
| 5Y Return (annualized) | +13.39% | +2.60% | |
| Volatility (annualized) | 15.1% | 18.4% | |
| Max Drawdown | -56.5% | -40.8% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Feb 5, 2020 |
IVV vs LDEM Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and iShares ESG MSCI EM Leaders ETF (LDEM) is a ETF from iShares by BlackRock (US). Over the past year IVV returned +23.01% while LDEM returned +13.54%. Year to date, IVV is up 13.80% versus a gain of 3.35% for LDEM.
Over three years, IVV compounded at +21.77% per year against +14.25% for LDEM; over five years the annualized figures are +13.39% and +2.60% respectively. Across the full 7-year window we track, IVV has the edge at +7.04% annualized vs +4.81%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LDEM has been the more volatile fund, with annualized monthly volatility of 18.4% 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 -40.8% for LDEM. 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while LDEM charges 0.17%. On a $10,000 position that is $3 vs $17 annually, a gap of $14 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 2.93% for LDEM.
Holdings Overlap
IVV and LDEM share 1 holdings out of 927 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in LDEM | Difference |
|---|---|---|---|
| XTSLA | 0.15% | 0.28% | 0.13% |
Frequently Asked Questions
Which is cheaper, IVV or LDEM?
IVV has an expense ratio of 0.03% while LDEM charges 0.17%. IVV is the cheaper option. On a $10,000 investment, that is $14 per year of difference.
Which performed better, IVV or LDEM?
Over the past year IVV returned +23.01% vs +13.54% for LDEM, so IVV leads on 1-year performance. Over the longest common window we track (7 years), IVV annualized +7.04% vs +4.81% for LDEM. Past performance does not guarantee future results.
Which is riskier, IVV or LDEM?
LDEM has been the more volatile fund at 18.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs LDEM -40.8%.
Should I hold both IVV and LDEM?
IVV and LDEM have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and LDEM?
IVV and LDEM share 1 common holdings with a 0.1% weight overlap. Combined, they hold 927 unique securities.
Which pays a higher dividend, IVV or LDEM?
IVV yields 1.09% while LDEM yields 2.93%, so LDEM currently pays the higher dividend yield.
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