IVV vs OBOR
iShares Core S&P 500 ETF vs KraneShares MSCI One Belt One Road Index ETF
Which is better, IVV or OBOR?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 45.8%.
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 | OBOR |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.79% |
| AUM | $886.7B | $4M |
| Dividend Yield | 1.10% | 1.92% |
| Holdings | 508 | 128 |
| YTD Return | +12.70%Best | +7.15% |
| 1Y Return | +19.36%Best | +17.13% |
| 3Y Return (annualized) | +21.16%Best | +14.22% |
| 5Y Return (annualized) | +12.75%Best | +1.50% |
| Volatility (annualized) | 16.2%Best | 16.4% |
| Max Drawdown | -33.9%Best | -41.5% |
| $10,000 over 5 years | $18,221Best | $10,773 |
| Top 10 Weight | 37.9%Best | 45.8% |
| Fund Family | iShares by BlackRock (US) | KraneShares |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Sep 7, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Sep 8, 2017 to Sep 8, 2026 (9 years).
IVV vs OBOR 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 9 years both funds cover.
IVV vs OBOR Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and KraneShares MSCI One Belt One Road Index ETF (OBOR) is an ETF from KraneShares. Over the past year IVV returned +19.36% while OBOR returned +17.13%. Year to date, IVV is up 12.70% versus a gain of 7.15% for OBOR.
Over three years, IVV compounded at +21.16% per year against +14.22% for OBOR; over five years the annualized figures are +12.75% and +1.50% respectively. Across the full 9-year window we track, IVV has the edge at +14.36% annualized vs +4.14%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OBOR has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 16.2% 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 -33.9% for IVV and -41.5% for OBOR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while OBOR charges 0.79%. On a $10,000 position that is $3 vs $79 annually, a gap of $76 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 1.92% for OBOR.
Holdings Overlap
We hold position weights for 504 holdings in IVV and 118 in OBOR, totalling 100.0% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 504 positions we hold weights for in IVV and 118 in OBOR, against full books of 508 and 128.
What only one of them owns
Our book lists 1 positions for OBOR that do not appear in our book for IVV (1.2% of the fund), and 493 for IVV that do not appear in OBOR (99.2%).
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 OBOR 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 OBOR?
IVV has an expense ratio of 0.03% while OBOR charges 0.79%. IVV is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, IVV or OBOR?
Over the past year IVV returned +19.36% vs +17.13% for OBOR, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +14.36% vs +4.14% for OBOR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or OBOR?
OBOR has been the more volatile fund at 16.4% annualized versus 16.2% for IVV. Worst drawdown: IVV -33.9% vs OBOR -41.5%.
Should I hold both IVV and OBOR?
IVV and OBOR have a monthly-return correlation of 0.64, 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 OBOR?
IVV yields 1.10% while OBOR yields 1.92%, so OBOR currently pays the higher dividend yield.
Is OBOR better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 45.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.