IVV vs MDPL
iShares Core S&P 500 ETF vs Monarch Dividend Plus Index ETF
Which is better, IVV or MDPL?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y and the full window. MDPL is less concentrated, with 37.3% 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 | MDPL |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.19% |
| AUM | $876.4B | $64M |
| Dividend Yield | 1.06% | 1.33% |
| Holdings | 508 | 32 |
| YTD Return | +12.39%Best | +6.88% |
| 1Y Return | +16.61%Best | +8.39% |
| 3Y Return (annualized) | +21.38% | - |
| 5Y Return (annualized) | +13.51% | - |
| Volatility (annualized) | 12.1%Best | 16.8% |
| Max Drawdown | -18.8% | -14.2%Best |
| $10,000 over 2.5 years | $15,218Best | $11,590 |
| Top 10 Weight | 37.8% | 37.3%Best |
| Fund Family | iShares by BlackRock (US) | Monarch Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Feb 12, 2024 |
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Mar 7, 2024 to Sep 18, 2026 (2.5 years).
IVV vs MDPL 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 2.5 years both funds cover.
IVV vs MDPL Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Monarch Dividend Plus Index ETF (MDPL) is an ETF from Monarch Funds. Over the past year IVV returned +16.61% while MDPL returned +8.39%. Year to date, IVV is up 12.39% versus a gain of 6.88% for MDPL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MDPL has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 12.1% 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 -18.8% for IVV and -14.2% for MDPL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.36. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while MDPL charges 1.19%. On a $10,000 position that is $3 vs $119 annually, a gap of $116 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.33% for MDPL.
Holdings Overlap
1.5% of IVV's money is in holdings MDPL also owns. 49.1% of MDPL's money is in holdings IVV also owns.
The two portfolios partly overlap.
15 positions in common, counted across the 490 positions we hold weights for in IVV and 30 in MDPL, against full books of 508 and 32.
What only one of them owns
Our book lists 14 positions for MDPL that do not appear in our book for IVV (47.2% of the fund), and 467 for IVV that do not appear in MDPL (97.1%).
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 MDPL | Difference |
|---|---|---|---|
| CTSHCognizant Technology Solutions Corp. Class A | 0.05% | 4.27% | 4.22% |
| MPCMarathon Petroleum Corp | 0.16% | 4.11% | 3.95% |
| INTUIntuit, Inc. | 0.15% | 3.52% | 3.37% |
| LDOSLeidos Holdings, Inc. | 0.03% | 3.47% | 3.44% |
| FDSFactset Research Systems Inc. | 0.02% | 3.46% | 3.44% |
| BDXBecton Dickinson And Co. | 0.08% | 3.35% | 3.27% |
| SCHWSchwab Strategic T | 0.27% | 3.15% | 2.88% |
| CMCSAComcast Corp-class A Cmcsa | 0.14% | 3.18% | 3.04% |
| AMPAmeriprise Financial Inc | 0.08% | 3.19% | 3.11% |
| APOAthene (Ath) / Apollo Global Management (Apo) | 0.10% | 3.15% | 3.05% |
49.1% of MDPL 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 MDPL?
IVV has an expense ratio of 0.03% while MDPL charges 1.19%. IVV is the cheaper option, by $116 a year on a $10,000 investment.
Which performed better, IVV or MDPL?
Over the past year IVV returned +16.61% vs +8.39% for MDPL, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or MDPL?
MDPL has been the more volatile fund at 16.8% annualized versus 12.1% for IVV. Worst drawdown: IVV -18.8% vs MDPL -14.2%.
Should I hold both IVV and MDPL?
IVV and MDPL have a monthly-return correlation of 0.36, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and MDPL?
49.1% of MDPL's money is in holdings IVV also owns. 49.1% of MDPL's is in holdings IVV also owns. They hold 15 positions in common, counted across the 490 positions we hold weights for in IVV and 30 in MDPL.
Which pays a higher dividend, IVV or MDPL?
IVV yields 1.06% while MDPL yields 1.33%, so MDPL currently pays the higher dividend yield.
Is MDPL better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. MDPL is less concentrated, with 37.3% 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.