IVV vs MKTN
iShares Core S&P 500 ETF vs Federated Hermes MDT Market Neutral ETF
Which is better, IVV or MKTN?
Large Cap Blend against Market Neutral Strategy.
IVV has a lower expense ratio. IVV led over 1Y 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 | MKTN |
|---|---|---|
| Expense Ratio | 0.03%Best | 1.94% |
| AUM | $882.6B | $142M |
| Dividend Yield | 1.06% | 0.48% |
| Holdings | 508 | 802 |
| YTD Return | +13.60%Best | +9.85% |
| 1Y Return | +16.32%Best | +14.16% |
| 3Y Return (annualized) | +23.81% | - |
| 5Y Return (annualized) | +14.03% | - |
| Volatility (annualized) | 12.7% | 5.6%Best |
| Max Drawdown | -8.9% | -4.1%Best |
| $10,000 over 1 years | $11,794Best | $11,275 |
| Fund Family | iShares by BlackRock (US) | Federated Hermes |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Market Neutral Strategy |
| Inception | May 15, 2000 | Sep 24, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Sep 25, 2025 to Oct 2, 2026 (1 years).
IVV vs MKTN 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 1 years both funds cover.
IVV vs MKTN Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Federated Hermes MDT Market Neutral ETF (MKTN) is an ETF from Federated Hermes. Over the past year IVV returned +16.32% while MKTN returned +14.16%. Year to date, IVV is up 13.60% versus a gain of 9.85% for MKTN.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 5.6% for MKTN. 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 -8.9% for IVV and -4.1% for MKTN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.35. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while MKTN charges 1.94%. On a $10,000 position that is $3 vs $194 annually, a gap of $191 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.48% for MKTN.
Holdings Overlap
At least 35.4% of IVV's money is in holdings MKTN also owns.
Stated as a floor: for MKTN, our book for it covers 89.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
177 positions in common, counted across the 505 positions we hold weights for in IVV and 398 in MKTN, against full books of 508 and 802.
Top Shared Holdings
| Stock | Weight in IVV | Weight in MKTN | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.00% | 1.20% | 6.80% |
| GOOGLAlphabet Inc,class A | 3.00% | 1.40% | 1.60% |
| ABBVAbbvie Inc. | 0.69% | 2.37% | 1.68% |
| CRWDCrowdstrike Holdings Inc | 0.32% | 2.59% | 2.27% |
| GEGeneral Electric Co. | 0.51% | 2.26% | 1.75% |
| FTNTFortinet Inc | 0.15% | 2.31% | 2.16% |
| TRVThe Travelers Cos, Inc. | 0.12% | 2.32% | 2.20% |
| GEVGe Vernova, Inc. | 0.39% | 2.00% | 1.61% |
| FIFiserv, Inc. (United States) | 0.04% | 2.33% | 2.29% |
| BKBank Of New York Mellon Corp | 0.17% | 1.87% | 1.70% |
35.4% of IVV is already inside MKTN.
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 MKTN?
IVV has an expense ratio of 0.03% while MKTN charges 1.94%. IVV is the cheaper option, by $191 a year on a $10,000 investment.
Which performed better, IVV or MKTN?
Over the past year IVV returned +16.32% vs +14.16% for MKTN, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +17.94% vs +12.75% for MKTN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or MKTN?
IVV has been the more volatile fund at 12.7% annualized versus 5.6% for MKTN. Worst drawdown: IVV -8.9% vs MKTN -4.1%.
Should I hold both IVV and MKTN?
IVV and MKTN have a monthly-return correlation of -0.35, 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 MKTN?
At least 35.4% of IVV's money is in holdings MKTN also owns. Our book for MKTN is partial, so the real figure is this or higher. They hold 177 positions in common, counted across the 505 positions we hold weights for in IVV and 398 in MKTN.
Which pays a higher dividend, IVV or MKTN?
IVV yields 1.06% while MKTN yields 0.48%, so IVV currently pays the higher dividend yield.
Is MKTN better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.