IVV vs MINO
iShares Core S&P 500 ETF vs PIMCO Municipal Income Opportunities Active Exchange-Traded Fund
Which is better, IVV or MINO?
Large Cap Blend against Municipal Bond.
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 | MINO |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.39% |
| AUM | $876.4B | $756M |
| Dividend Yield | 1.06% | 3.97% |
| Holdings | 508 | 520 |
| YTD Return | +12.01%Best | -1.32% |
| 1Y Return | +16.48%Best | +0.28% |
| 3Y Return (annualized) | +21.21%Best | +3.92% |
| 5Y Return (annualized) | +12.95%Best | +0.71% |
| Volatility (annualized) | 15.7% | 6.7%Best |
| Max Drawdown | -24.5% | -15.2%Best |
| $10,000 over 5 years | $18,384Best | $10,360 |
| Fund Family | iShares by BlackRock (US) | PIMCO (US) |
| Category | Equity | Tax Preferred |
| Style | Large Cap Blend | Municipal Bond |
| Inception | May 15, 2000 | Sep 8, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2021 to Sep 14, 2026 (5 years).
IVV vs MINO 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 years both funds cover.
IVV vs MINO Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (MINO) is an ETF from PIMCO (US). Over the past year IVV returned +16.48% while MINO returned +0.28%. Year to date, IVV is up 12.01% versus a loss of 1.32% for MINO.
Over three years, IVV compounded at +21.21% per year against +3.92% for MINO; over five years the annualized figures are +12.95% and +0.71% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 6.7% for MINO. 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 -15.2% for MINO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while MINO charges 0.39%. On a $10,000 position that is $3 vs $39 annually, a gap of $36 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 3.97% for MINO.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 213 in MINO, totalling 99.3% and 33.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 490 positions we hold weights for in IVV and 213 in MINO, against full books of 508 and 520.
You are not choosing between two funds in isolation.
Whichever of IVV and MINO 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 MINO?
IVV has an expense ratio of 0.03% while MINO charges 0.39%. IVV is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, IVV or MINO?
Over the past year IVV returned +16.48% vs +0.28% for MINO, 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 MINO?
IVV has been the more volatile fund at 15.7% annualized versus 6.7% for MINO. Worst drawdown: IVV -24.5% vs MINO -15.2%.
Should I hold both IVV and MINO?
IVV and MINO have a monthly-return correlation of 0.66, 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 MINO?
IVV yields 1.06% while MINO yields 3.97%, so MINO currently pays the higher dividend yield.
Is MINO 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.