IVV vs MNRS
iShares Core S&P 500 ETF vs Grayscale Bitcoin Miners ETF
Which is better, IVV or MNRS?
Large Cap Blend against Multi Alternative.
IVV has a lower expense ratio. IVV led over 1Y, MNRS over the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 67.3%.
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 | MNRS |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.59% |
| AUM | $876.4B | $10M |
| Dividend Yield | 1.06% | 0.47% |
| Holdings | 508 | 27 |
| YTD Return | +12.24%Best | +11.05% |
| 1Y Return | +18.61%Best | +13.40% |
| 3Y Return (annualized) | +20.98% | - |
| 5Y Return (annualized) | +12.76% | - |
| Volatility (annualized) | 12.9%Best | 73.1% |
| Max Drawdown | -18.8%Best | -56.7% |
| $10,000 over 1.6 years | $12,817 | $13,530Best |
| Top 10 Weight | 37.9%Best | 67.3% |
| Fund Family | iShares by BlackRock (US) | Grayscale |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Multi Alternative |
| Inception | May 15, 2000 | Jan 30, 2025 |
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Jan 30, 2025 to Sep 9, 2026 (1.6 years).
IVV vs MNRS 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 1.6 years both funds cover.
IVV vs MNRS Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Grayscale Bitcoin Miners ETF (MNRS) is an ETF from Grayscale. Over the past year IVV returned +18.61% while MNRS returned +13.40%. Year to date, IVV is up 12.24% versus a gain of 11.05% for MNRS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MNRS has been the more volatile fund, with annualized monthly volatility of 73.1% compared with 12.9% 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 -18.8% for IVV and -56.7% for MNRS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while MNRS charges 0.59%. On a $10,000 position that is $3 vs $59 annually, a gap of $56 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.47% for MNRS.
Holdings Overlap
8.1% of IVV's money is in holdings MNRS also owns. 9.0% of MNRS's money is in holdings IVV also owns.
MNRS and IVV share little of their money.
2 positions in common, counted across the 505 positions we hold weights for in IVV and 26 in MNRS, against full books of 508 and 27.
What only one of them owns
Our book lists 19 positions for MNRS that do not appear in our book for IVV (67.6% of the fund), and 494 for IVV that do not appear in MNRS (91.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of IVV and MNRS 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 MNRS?
IVV has an expense ratio of 0.03% while MNRS charges 0.59%. IVV is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, IVV or MNRS?
Over the past year IVV returned +18.61% vs +13.40% for MNRS, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +16.78% vs +20.80% for MNRS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or MNRS?
MNRS has been the more volatile fund at 73.1% annualized versus 12.9% for IVV. Worst drawdown: IVV -18.8% vs MNRS -56.7%.
Should I hold both IVV and MNRS?
IVV and MNRS have a monthly-return correlation of 0.79, 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 MNRS?
9.0% of MNRS's money is in holdings IVV also owns. 9.0% of MNRS's is in holdings IVV also owns. They hold 2 positions in common, counted across the 505 positions we hold weights for in IVV and 26 in MNRS.
Which pays a higher dividend, IVV or MNRS?
IVV yields 1.06% while MNRS yields 0.47%, so IVV currently pays the higher dividend yield.
Is MNRS better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, MNRS over the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 67.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.