IVV vs OBIL
iShares Core S&P 500 ETF vs F/m US Treasury 12 Month Bill ETF
Which is better, IVV or OBIL?
Large Cap Blend against Short Term High Quality.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window.
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 | OBIL |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.15% |
| AUM | $876.4B | $310M |
| Dividend Yield | 1.06% | 3.93% |
| Holdings | 508 | 2 |
| YTD Return | +12.51%Best | +1.87% |
| 1Y Return | +17.57%Best | +3.11% |
| 3Y Return (annualized) | +21.27%Best | +4.39% |
| 5Y Return (annualized) | +12.95% | - |
| Volatility (annualized) | 13.0% | 0.7%Best |
| Max Drawdown | -18.8% | -0.3%Best |
| $10,000 over 3.8 years | $20,127Best | $11,718 |
| Fund Family | iShares by BlackRock (US) | US Benchmark Series |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Short Term High Quality |
| Inception | May 15, 2000 | Nov 14, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Nov 15, 2022 to Sep 11, 2026 (3.8 years).
IVV vs OBIL 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 3.8 years both funds cover.
IVV vs OBIL Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and F/m US Treasury 12 Month Bill ETF (OBIL) is an ETF from US Benchmark Series. Over the past year IVV returned +17.57% while OBIL returned +3.11%. Year to date, IVV is up 12.51% versus a gain of 1.87% for OBIL.
Over three years, IVV compounded at +21.27% per year against +4.39% for OBIL. Across the full 4-year window we track, IVV has the edge at +20.21% annualized vs +4.26%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 0.7% for OBIL. 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 -18.8% for IVV and -0.3% for OBIL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.17. They move largely independently of each other.
Fees and Cost Over Time
IVV charges 0.03% per year while OBIL charges 0.15%. On a $10,000 position that is $3 vs $15 annually, a gap of $12 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 3.93% for OBIL.
You are not choosing between two funds in isolation.
Whichever of IVV and OBIL 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 OBIL?
IVV has an expense ratio of 0.03% while OBIL charges 0.15%. IVV is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, IVV or OBIL?
Over the past year IVV returned +17.57% vs +3.11% for OBIL, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +20.21% vs +4.26% for OBIL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or OBIL?
IVV has been the more volatile fund at 13.0% annualized versus 0.7% for OBIL. Worst drawdown: IVV -18.8% vs OBIL -0.3%.
Should I hold both IVV and OBIL?
IVV and OBIL have a monthly-return correlation of 0.17, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or OBIL?
IVV yields 1.06% while OBIL yields 3.93%, so OBIL currently pays the higher dividend yield.
Is OBIL better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.