IVV vs OARK
iShares Core S&P 500 ETF vs YieldMax Innovation Option Income Strategy ETF
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 | OARK | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 1.00% | |
| AUM | $865.2B | $31M | |
| Dividend Yield | 1.09% | 62.19% | |
| Holdings | 508 | 15 | |
| YTD Return | +13.80% | +4.19% | |
| 1Y Return | +23.01% | +9.57% | |
| 3Y Return (annualized) | +21.77% | +14.45% | |
| 5Y Return (annualized) | +13.39% | - | |
| Volatility (annualized) | 15.1% | 29.4% | |
| Max Drawdown | -56.5% | -35.5% | |
| Fund Family | iShares by BlackRock (US) | YieldMax ETF | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Nov 22, 2022 |
IVV vs OARK Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and YieldMax Innovation Option Income Strategy ETF (OARK) is a ETF from YieldMax ETF. Over the past year IVV returned +23.01% while OARK returned +9.57%. Year to date, IVV is up 13.80% versus a gain of 4.19% for OARK.
Over three years, IVV compounded at +21.77% per year against +14.45% for OARK. Across the full 4-year window we track, OARK has the edge at +11.62% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OARK has been the more volatile fund, with annualized monthly volatility of 29.4% 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 -35.5% for OARK. 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while OARK charges 1.00%. On a $10,000 position that is $3 vs $100 annually, a gap of $97 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 62.19% for OARK.
Holdings Overlap
IVV and OARK share 0 holdings out of 507 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 OARK?
IVV has an expense ratio of 0.03% while OARK charges 1.00%. IVV is the cheaper option. On a $10,000 investment, that is $97 per year of difference.
Which performed better, IVV or OARK?
Over the past year IVV returned +23.01% vs +9.57% for OARK, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +7.04% vs +11.62% for OARK. Past performance does not guarantee future results.
Which is riskier, IVV or OARK?
OARK has been the more volatile fund at 29.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs OARK -35.5%.
Should I hold both IVV and OARK?
IVV and OARK have a monthly-return correlation of 0.75, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and OARK?
IVV and OARK share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, IVV or OARK?
IVV yields 1.09% while OARK yields 62.19%, so OARK currently pays the higher dividend yield.
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