IVV vs MDLV
iShares Core S&P 500 ETF vs Morgan Dempsey Large Cap Value 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 | MDLV | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.58% | |
| AUM | $865.2B | $43M | |
| Dividend Yield | 1.09% | 2.76% | |
| Holdings | 508 | 38 | |
| YTD Return | +13.72% | +11.82% | |
| 1Y Return | +21.64% | +16.99% | |
| 3Y Return (annualized) | +21.55% | +12.50% | |
| 5Y Return (annualized) | +13.27% | - | |
| Volatility (annualized) | 15.1% | 10.3% | |
| Max Drawdown | -56.5% | -16.6% | |
| Fund Family | iShares by BlackRock (US) | Morgan Dempsey | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Apr 26, 2023 |
IVV vs MDLV Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Morgan Dempsey Large Cap Value ETF (MDLV) is a ETF from Morgan Dempsey. Over the past year IVV returned +21.64% while MDLV returned +16.99%. Year to date, IVV is up 13.72% versus a gain of 11.82% for MDLV.
Over three years, IVV compounded at +21.55% per year against +12.50% for MDLV. Across the full 3-year window we track, MDLV has the edge at +8.26% annualized vs +7.04%. 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 10.3% for MDLV. 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 -16.6% for MDLV. 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 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while MDLV charges 0.58%. On a $10,000 position that is $3 vs $58 annually, a gap of $55 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 2.76% for MDLV.
Holdings Overlap
IVV and MDLV share 3 holdings out of 507 unique holdings combined, representing a 1.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or MDLV?
IVV has an expense ratio of 0.03% while MDLV charges 0.58%. IVV is the cheaper option. On a $10,000 investment, that is $55 per year of difference.
Which performed better, IVV or MDLV?
Over the past year IVV returned +21.64% vs +16.99% for MDLV, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.04% vs +8.26% for MDLV. Past performance does not guarantee future results.
Which is riskier, IVV or MDLV?
IVV has been the more volatile fund at 15.1% annualized versus 10.3% for MDLV. Worst drawdown: IVV -56.5% vs MDLV -16.6%.
Should I hold both IVV and MDLV?
IVV and MDLV have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and MDLV?
IVV and MDLV share 3 common holdings with a 1.4% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, IVV or MDLV?
IVV yields 1.09% while MDLV yields 2.76%, so MDLV currently pays the higher dividend yield.
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