IVV vs MIG
iShares Core S&P 500 ETF vs VanEck Moody's Analytics IG Corporate Bond ETF
Which is better, IVV or MIG?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.
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 | MIG |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.20% |
| AUM | $876.4B | $19M |
| Dividend Yield | 1.06% | 4.78% |
| Holdings | 508 | 364 |
| YTD Return | +12.51%Best | -4.55% |
| 1Y Return | +17.57%Best | -4.97% |
| 3Y Return (annualized) | +21.27%Best | +4.02% |
| 5Y Return (annualized) | +12.95%Best | -0.63% |
| Volatility (annualized) | 15.1% | 7.2%Best |
| Max Drawdown | -24.5% | -21.0%Best |
| $10,000 over 5 years | $18,384Best | $9,689 |
| Fund Family | iShares by BlackRock (US) | VanEck |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | - |
| Inception | May 15, 2000 | Dec 1, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 2, 2020 to Sep 11, 2026 (5.8 years).
IVV vs MIG 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 5.8 years both funds cover.
IVV vs MIG Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and VanEck Moody's Analytics IG Corporate Bond ETF (MIG) is an ETF from VanEck. Over the past year IVV returned +17.57% while MIG returned -4.97%. Year to date, IVV is up 12.51% versus a loss of 4.55% for MIG.
Over three years, IVV compounded at +21.27% per year against +4.02% for MIG; over five years the annualized figures are +12.95% and -0.63% respectively. Across the full 6-year window we track, IVV has the edge at +15.10% annualized vs -0.11%.
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 7.2% for MIG. 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 -24.5% for IVV and -21.0% for MIG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while MIG charges 0.20%. On a $10,000 position that is $3 vs $20 annually, a gap of $17 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 4.78% for MIG.
Holdings Overlap
At least 0.2% of IVV's money is in holdings MIG also owns.
Stated as a floor: for MIG, our book for it covers 85.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 505 positions we hold weights for in IVV and 325 in MIG, against full books of 508 and 364.
You are not choosing between two funds in isolation.
Whichever of IVV and MIG 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 MIG?
IVV has an expense ratio of 0.03% while MIG charges 0.20%. IVV is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, IVV or MIG?
Over the past year IVV returned +17.57% vs -4.97% for MIG, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +15.10% vs -0.11% for MIG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or MIG?
IVV has been the more volatile fund at 15.1% annualized versus 7.2% for MIG. Worst drawdown: IVV -24.5% vs MIG -21.0%.
Should I hold both IVV and MIG?
IVV and MIG have a monthly-return correlation of 0.67, 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 MIG?
IVV yields 1.06% while MIG yields 4.78%, so MIG currently pays the higher dividend yield.
Is MIG better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.