IVV vs MKTN
iShares Core S&P 500 ETF vs Federated Hermes MDT Market Neutral ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | MKTN | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 2.10% | |
| AUM | $907.0B | $121M | |
| Dividend Yield | 1.10% | 0.48% | |
| Holdings | 508 | 387 | |
| YTD Return | +12.71% | +6.87% | |
| 1Y Return | +21.89% | +9.93% | |
| 3Y Return (annualized) | +22.08% | - | |
| 5Y Return (annualized) | +12.96% | - | |
| Volatility (annualized) | 15.1% | - | |
| Max Drawdown | -56.5% | -4.1% | |
| Fund Family | iShares by BlackRock (US) | Federated Hermes | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Sep 24, 2025 |
IVV vs MKTN Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Federated Hermes MDT Market Neutral ETF (MKTN) is a ETF from Federated Hermes. Over the past year IVV returned +21.89% while MKTN returned +9.93%. Year to date, IVV is up 12.71% versus a gain of 6.87% for MKTN.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -56.5% for IVV and -4.1% for MKTN. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
IVV charges 0.03% per year while MKTN charges 2.10%. On a $10,000 position that is $3 vs $210 annually, a gap of $207 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.48% for MKTN.
Holdings Overlap
IVV and MKTN share 165 holdings out of 724 unique holdings combined, representing a 10.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or MKTN?
IVV has an expense ratio of 0.03% while MKTN charges 2.10%. IVV is the cheaper option. On a $10,000 investment, that is $207 per year of difference.
Which performed better, IVV or MKTN?
Over the past year IVV returned +21.89% vs +9.93% for MKTN, so IVV leads on 1-year performance. Past performance does not guarantee future results.
What is the holdings overlap between IVV and MKTN?
IVV and MKTN share 165 common holdings with a 10.8% weight overlap. Combined, they hold 724 unique securities.
Which pays a higher dividend, IVV or MKTN?
IVV yields 1.10% while MKTN yields 0.48%, so IVV currently pays the higher dividend yield.
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