IVV vs MTRA
iShares Core S&P 500 ETF vs Invesco International Growth Focus ETF
Which is better, IVV or MTRA?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 40.6%.
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 | MTRA |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.54% |
| AUM | $876.4B | $135M |
| Dividend Yield | 1.06% | 0.56% |
| Holdings | 508 | 66 |
| YTD Return | +12.39%Best | -0.94% |
| 1Y Return | +16.61%Best | +1.82% |
| 3Y Return (annualized) | +21.38% | - |
| 5Y Return (annualized) | +13.51% | - |
| Volatility (annualized) | 12.0%Best | 13.1% |
| Max Drawdown | -8.9%Best | -15.8% |
| $10,000 over 1.3 years | $12,962Best | $10,486 |
| Top 10 Weight | 37.8%Best | 40.6% |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Jun 11, 2025 |
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jun 11, 2025 to Sep 18, 2026 (1.3 years).
IVV vs MTRA 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 1.3 years both funds cover.
IVV vs MTRA Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco International Growth Focus ETF (MTRA) is an ETF from Invesco (US). Over the past year IVV returned +16.61% while MTRA returned +1.82%. Year to date, IVV is up 12.39% versus a loss of 0.94% for MTRA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MTRA has been the more volatile fund, with annualized monthly volatility of 13.1% compared with 12.0% 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 -8.9% for IVV and -15.8% for MTRA. 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 MTRA charges 0.54%. On a $10,000 position that is $3 vs $54 annually, a gap of $51 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.56% for MTRA.
Holdings Overlap
0.3% of IVV's money is in holdings MTRA also owns. 2.9% of MTRA's money is in holdings IVV also owns.
MTRA and IVV share little of their money.
2 positions in common, counted across the 490 positions we hold weights for in IVV and 49 in MTRA, against full books of 508 and 66.
What only one of them owns
Our book lists 7 positions for MTRA that do not appear in our book for IVV (9.6% of the fund), and 480 for IVV that do not appear in MTRA (98.3%).
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 MTRA 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 MTRA?
IVV has an expense ratio of 0.03% while MTRA charges 0.54%. IVV is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, IVV or MTRA?
Over the past year IVV returned +16.61% vs +1.82% for MTRA, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +22.09% vs +3.72% for MTRA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or MTRA?
MTRA has been the more volatile fund at 13.1% annualized versus 12.0% for IVV. Worst drawdown: IVV -8.9% vs MTRA -15.8%.
Should I hold both IVV and MTRA?
IVV and MTRA 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 MTRA?
2.9% of MTRA's money is in holdings IVV also owns. 2.9% of MTRA's is in holdings IVV also owns. They hold 2 positions in common, counted across the 490 positions we hold weights for in IVV and 49 in MTRA.
Which pays a higher dividend, IVV or MTRA?
IVV yields 1.06% while MTRA yields 0.56%, so IVV currently pays the higher dividend yield.
Is MTRA better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 40.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.