IVV vs OBND
iShares Core S&P 500 ETF vs State Street Loomis Sayles Opportunistic Bond ETF
Which is better, IVV or OBND?
Large Cap Blend against Allocation/Balanced.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y 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 | OBND |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.55% |
| AUM | $876.4B | $32M |
| Dividend Yield | 1.06% | 6.40% |
| Holdings | 508 | 420 |
| YTD Return | +11.03%Best | -3.48% |
| 1Y Return | +15.62%Best | -2.89% |
| 3Y Return (annualized) | +20.81%Best | +4.90% |
| 5Y Return (annualized) | +12.61%Best | +1.20% |
| Volatility (annualized) | 15.7% | 6.3%Best |
| Max Drawdown | -24.5% | -15.9%Best |
| $10,000 over 5 years | $18,109Best | $10,615 |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management |
| Category | Equity | Allocation/Balanced |
| Style | Large Cap Blend | Allocation/Balanced |
| Inception | May 15, 2000 | Sep 27, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 28, 2021 to Sep 16, 2026 (5 years).
IVV vs OBND 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 5 years both funds cover.
IVV vs OBND Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and State Street Loomis Sayles Opportunistic Bond ETF (OBND) is an ETF from State Street Investment Management. Over the past year IVV returned +15.62% while OBND returned -2.89%. Year to date, IVV is up 11.03% versus a loss of 3.48% for OBND.
Over three years, IVV compounded at +20.81% per year against +4.90% for OBND; over five years the annualized figures are +12.61% and +1.20% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 6.3% for OBND. 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 -24.5% for IVV and -15.9% for OBND. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while OBND charges 0.55%. On a $10,000 position that is $3 vs $55 annually, a gap of $52 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 6.40% for OBND.
Holdings Overlap
At least 0.2% of IVV's money is in holdings OBND also owns.
Stated as a floor: for OBND, our book for it covers 8.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
The two holdings books were reported 62 days apart, IVV as of Aug 31, 2026 and OBND as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 490 positions we hold weights for in IVV and 19 in OBND, against full books of 508 and 420.
Top Shared Holdings
| Stock | Weight in IVV | Weight in OBND | Difference |
|---|---|---|---|
| BXBlackstone Group Inc. Class A | 0.16% | 0.05% | 0.11% |
You are not choosing between two funds in isolation.
Whichever of IVV and OBND 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 OBND?
IVV has an expense ratio of 0.03% while OBND charges 0.55%. IVV is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, IVV or OBND?
Over the past year IVV returned +15.62% vs -2.89% for OBND, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or OBND?
IVV has been the more volatile fund at 15.7% annualized versus 6.3% for OBND. Worst drawdown: IVV -24.5% vs OBND -15.9%.
Should I hold both IVV and OBND?
IVV and OBND have a monthly-return correlation of 0.77, 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 OBND?
IVV yields 1.06% while OBND yields 6.40%, so OBND currently pays the higher dividend yield.
Is OBND better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.