IVV vs LDEM
iShares Core S&P 500 ETF vs iShares ESG MSCI EM Leaders ETF
Which is better, IVV or LDEM?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. LDEM is less concentrated, with 30.1% of the fund in its ten largest positions against 37.8%.
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 | LDEM |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.16% |
| AUM | $876.4B | $34M |
| Dividend Yield | 1.06% | 2.87% |
| Holdings | 508 | 461 |
| YTD Return | +12.27%Best | +3.95% |
| 1Y Return | +17.04%Best | +5.85% |
| 3Y Return (annualized) | +21.24%Best | +15.30% |
| 5Y Return (annualized) | +13.08%Best | +2.95% |
| Volatility (annualized) | 16.7%Best | 18.3% |
| Max Drawdown | -33.9%Best | -40.8% |
| $10,000 over 5 years | $18,490Best | $11,565 |
| Top 10 Weight | 37.8% | 30.1%Best |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Feb 5, 2020 |
Volatility and max drawdown are measured over the window both funds cover: Feb 12, 2020 to Sep 17, 2026 (6.6 years).
IVV vs LDEM 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 6.6 years both funds cover.
IVV vs LDEM Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and iShares ESG MSCI EM Leaders ETF (LDEM) is an ETF from iShares by BlackRock (US). Over the past year IVV returned +17.04% while LDEM returned +5.85%. Year to date, IVV is up 12.27% versus a gain of 3.95% for LDEM.
Over three years, IVV compounded at +21.24% per year against +15.30% for LDEM; over five years the annualized figures are +13.08% and +2.95% respectively. Across the full 7-year window we track, IVV has the edge at +14.49% annualized vs +4.83%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LDEM has been the more volatile fund, with annualized monthly volatility of 18.3% compared with 16.7% 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 -33.9% for IVV and -40.8% for LDEM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while LDEM charges 0.16%. On a $10,000 position that is $3 vs $16 annually, a gap of $13 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 2.87% for LDEM.
Holdings Overlap
0.1% of IVV's money is in holdings LDEM also owns. 0.3% of LDEM's money is in holdings IVV also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 490 positions we hold weights for in IVV and 417 in LDEM, against full books of 508 and 461.
What only one of them owns
Our book lists 2 positions for LDEM that do not appear in our book for IVV (1.1% of the fund), and 481 for IVV that do not appear in LDEM (98.5%).
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 LDEM | Difference |
|---|---|---|---|
| XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares | 0.15% | 0.28% | 0.13% |
You are not choosing between two funds in isolation.
Whichever of IVV and LDEM 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 LDEM?
IVV has an expense ratio of 0.03% while LDEM charges 0.16%. IVV is the cheaper option, by $13 a year on a $10,000 investment.
Which performed better, IVV or LDEM?
Over the past year IVV returned +17.04% vs +5.85% for LDEM, so IVV leads on 1-year performance. Over the longest common window we track (7 years), IVV annualized +14.49% vs +4.83% for LDEM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or LDEM?
LDEM has been the more volatile fund at 18.3% annualized versus 16.7% for IVV. Worst drawdown: IVV -33.9% vs LDEM -40.8%.
Should I hold both IVV and LDEM?
IVV and LDEM have a monthly-return correlation of 0.68, 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 LDEM?
IVV yields 1.06% while LDEM yields 2.87%, so LDEM currently pays the higher dividend yield.
Is LDEM better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. LDEM is less concentrated, with 30.1% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.