IVV vs MUNX
iShares Core S&P 500 ETF vs AMG GW&K Muni Income ETF
Which is better, IVV or MUNX?
Large Cap Blend against Municipal Bond.
IVV has a lower expense ratio. IVV led over 1Y.
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 | MUNX |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.29% |
| AUM | $876.4B | $19M |
| Dividend Yield | 1.06% | 2.61% |
| Holdings | 508 | 76 |
| YTD Return | +12.27%Best | -1.63% |
| 1Y Return | +17.04%Best | -0.94% |
| 3Y Return (annualized) | +21.24% | - |
| 5Y Return (annualized) | +13.08% | - |
| Fund Family | iShares by BlackRock (US) | AMG Funds |
| Category | Equity | Tax Preferred |
| Style | Large Cap Blend | Municipal Bond |
| Inception | May 15, 2000 | Oct 29, 2025 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
IVV vs MUNX 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs MUNX Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and AMG GW&K Muni Income ETF (MUNX) is an ETF from AMG Funds. Over the past year IVV returned +17.04% while MUNX returned -0.94%. Year to date, IVV is up 12.27% versus a loss of 1.63% for MUNX.
Past performance does not guarantee future results.
Fees and Cost Over Time
IVV charges 0.03% per year while MUNX charges 0.29%. On a $10,000 position that is $3 vs $29 annually, a gap of $26 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 2.61% for MUNX.
You are not choosing between two funds in isolation.
Whichever of IVV and MUNX 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 MUNX?
IVV has an expense ratio of 0.03% while MUNX charges 0.29%. IVV is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, IVV or MUNX?
Over the past year IVV returned +17.04% vs -0.94% for MUNX, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which pays a higher dividend, IVV or MUNX?
IVV yields 1.06% while MUNX yields 2.61%, so MUNX currently pays the higher dividend yield.
Is MUNX better than IVV?
IVV has a lower expense ratio. IVV led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.