IVV vs MINV
iShares Core S&P 500 ETF vs Matthews Asia Innovators Active ETF
Quick Verdict
IVV has a lower expense ratio. MINV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | MINV | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.79% | |
| AUM | $865.2B | $161M | |
| Dividend Yield | 1.09% | 0.97% | |
| Holdings | 508 | 62 | |
| YTD Return | +13.72% | +37.79% | |
| 1Y Return | +21.64% | +52.34% | |
| 3Y Return (annualized) | +21.55% | +30.16% | |
| 5Y Return (annualized) | +13.27% | - | |
| Volatility (annualized) | 15.1% | 27.5% | |
| Max Drawdown | -56.5% | -23.5% | |
| Fund Family | iShares by BlackRock (US) | Matthews Asia Funds | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jul 13, 2022 |
IVV vs MINV Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Matthews Asia Innovators Active ETF (MINV) is a ETF from Matthews Asia Funds. Over the past year IVV returned +21.64% while MINV returned +52.34%. Year to date, IVV is up 13.72% versus a gain of 37.79% for MINV.
Over three years, IVV compounded at +21.55% per year against +30.16% for MINV. Across the full 4-year window we track, MINV has the edge at +19.38% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MINV has been the more volatile fund, with annualized monthly volatility of 27.5% compared with 15.1% 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 -56.5% for IVV and -23.5% for MINV. 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while MINV 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 1.09% against 0.97% for MINV.
Holdings Overlap
IVV and MINV share 0 holdings out of 571 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or MINV?
IVV has an expense ratio of 0.03% while MINV 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 MINV?
Over the past year IVV returned +21.64% vs +52.34% for MINV, so MINV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +7.04% vs +19.38% for MINV. Past performance does not guarantee future results.
Which is riskier, IVV or MINV?
MINV has been the more volatile fund at 27.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs MINV -23.5%.
Should I hold both IVV and MINV?
IVV and MINV have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and MINV?
IVV and MINV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 571 unique securities.
Which pays a higher dividend, IVV or MINV?
IVV yields 1.09% while MINV yields 0.97%, so IVV currently pays the higher dividend yield.
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