IVV vs LJUL
iShares Core S&P 500 ETF vs Innovator Premium Income 15 Buffer ETF - July
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 | LJUL | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.79% | |
| AUM | $907.0B | $8M | |
| Dividend Yield | 1.10% | 5.21% | |
| Holdings | 508 | 3 | |
| YTD Return | +12.28% | +0.08% | |
| 1Y Return | +20.94% | +1.95% | |
| 3Y Return (annualized) | +21.81% | - | |
| 5Y Return (annualized) | +13.05% | - | |
| Volatility (annualized) | 15.1% | 1.2% | |
| Max Drawdown | -56.5% | -3.2% | |
| Fund Family | iShares by BlackRock (US) | Innovator ETFs Trust | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Jul 1, 2024 |
IVV vs LJUL Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Innovator Premium Income 15 Buffer ETF - July (LJUL) is a ETF from Innovator ETFs Trust. Over the past year IVV returned +20.94% while LJUL returned +1.95%. Year to date, IVV is up 12.28% versus a gain of 0.08% for LJUL.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 1.2% for LJUL. 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 -3.2% for LJUL. 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 0.45. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while LJUL charges 0.79%. On a $10,000 position that is $3 vs $79 annually, a gap of $76 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 5.21% for LJUL.
Frequently Asked Questions
Which is cheaper, IVV or LJUL?
IVV has an expense ratio of 0.03% while LJUL charges 0.79%. IVV is the cheaper option. On a $10,000 investment, that is $76 per year of difference.
Which performed better, IVV or LJUL?
Over the past year IVV returned +20.94% vs +1.95% for LJUL, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +6.98% vs +4.13% for LJUL. Past performance does not guarantee future results.
Which is riskier, IVV or LJUL?
IVV has been the more volatile fund at 15.1% annualized versus 1.2% for LJUL. Worst drawdown: IVV -56.5% vs LJUL -3.2%.
Should I hold both IVV and LJUL?
IVV and LJUL have a monthly-return correlation of 0.45, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, IVV or LJUL?
IVV yields 1.10% while LJUL yields 5.21%, so LJUL currently pays the higher dividend yield.
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