Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: IVV

Side-by-Side Comparison

MetricIVVMSTYWinner
Expense Ratio0.03%1.03%
AUM$865.2B$760M
Dividend Yield1.09%139.35%
Holdings50821
YTD Return+13.80%-32.86%
1Y Return+23.70%-69.72%
3Y Return (annualized)+21.49%-
5Y Return (annualized)+13.43%-
Volatility (annualized)15.1%78.6%
Max Drawdown-56.5%-77.4%
Fund FamilyiShares by BlackRock (US)YieldMax ETF
CategoryEquityAlternative
InceptionMay 15, 2000Feb 21, 2024

IVV vs MSTY Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and YieldMax MSTR Option Income Strategy ETF (MSTY) is a ETF from YieldMax ETF. Over the past year IVV returned +23.70% while MSTY returned -69.72%. Year to date, IVV is up 13.80% versus a loss of 32.86% for MSTY.

Risk: Volatility and Drawdowns

MSTY has been the more volatile fund, with annualized monthly volatility of 78.6% 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 -77.4% for MSTY. 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 0.36. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVV charges 0.03% per year while MSTY charges 1.03%. On a $10,000 position that is $3 vs $103 annually, a gap of $100 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 139.35% for MSTY.

Holdings Overlap

0.0%overlap

IVV and MSTY share 0 holdings out of 508 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 MSTY?

IVV has an expense ratio of 0.03% while MSTY charges 1.03%. IVV is the cheaper option. On a $10,000 investment, that is $100 per year of difference.

Which performed better, IVV or MSTY?

Over the past year IVV returned +23.70% vs -69.72% for MSTY, so IVV leads on 1-year performance. Over the longest common window we track (3 years), IVV annualized +7.05% vs +7.31% for MSTY. Past performance does not guarantee future results.

Which is riskier, IVV or MSTY?

MSTY has been the more volatile fund at 78.6% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs MSTY -77.4%.

Should I hold both IVV and MSTY?

IVV and MSTY have a monthly-return correlation of 0.36, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVV and MSTY?

IVV and MSTY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 508 unique securities.

Which pays a higher dividend, IVV or MSTY?

IVV yields 1.09% while MSTY yields 139.35%, so MSTY currently pays the higher dividend yield.

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