IVV vs MTGP
iShares Core S&P 500 ETF vs WisdomTree Mortgage Plus Bond Fund
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | MTGP | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.46% | |
| AUM | $865.2B | $70M | |
| Dividend Yield | 1.09% | 4.36% | |
| Holdings | 508 | 183 | |
| YTD Return | +13.80% | +0.37% | |
| 1Y Return | +23.70% | +3.26% | |
| 3Y Return (annualized) | +21.49% | +4.49% | |
| 5Y Return (annualized) | +13.43% | +0.18% | |
| Volatility (annualized) | 15.1% | 5.3% | |
| Max Drawdown | -56.5% | -16.9% | |
| Fund Family | iShares by BlackRock (US) | WisdomTree Investments | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Nov 14, 2019 |
IVV vs MTGP Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and WisdomTree Mortgage Plus Bond Fund (MTGP) is a ETF from WisdomTree Investments. Over the past year IVV returned +23.70% while MTGP returned +3.26%. Year to date, IVV is up 13.80% versus a gain of 0.37% for MTGP.
Over three years, IVV compounded at +21.49% per year against +4.49% for MTGP; over five years the annualized figures are +13.43% and +0.18% respectively. Across the full 7-year window we track, IVV has the edge at +7.05% annualized vs +0.55%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 5.3% for MTGP. 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 -16.9% for MTGP. 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 0.52. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while MTGP charges 0.46%. On a $10,000 position that is $3 vs $46 annually, a gap of $43 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 4.36% for MTGP.
Holdings Overlap
IVV and MTGP share 0 holdings out of 506 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 MTGP?
IVV has an expense ratio of 0.03% while MTGP charges 0.46%. IVV is the cheaper option. On a $10,000 investment, that is $43 per year of difference.
Which performed better, IVV or MTGP?
Over the past year IVV returned +23.70% vs +3.26% for MTGP, so IVV leads on 1-year performance. Over the longest common window we track (7 years), IVV annualized +7.05% vs +0.55% for MTGP. Past performance does not guarantee future results.
Which is riskier, IVV or MTGP?
IVV has been the more volatile fund at 15.1% annualized versus 5.3% for MTGP. Worst drawdown: IVV -56.5% vs MTGP -16.9%.
Should I hold both IVV and MTGP?
IVV and MTGP have a monthly-return correlation of 0.52, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and MTGP?
IVV and MTGP share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, IVV or MTGP?
IVV yields 1.09% while MTGP yields 4.36%, so MTGP currently pays the higher dividend yield.
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