IVV vs OBTC
IVV vs OBTC
iShares Core S&P 500 ETF vs Osprey Bitcoin Trust
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 | OBTC | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.49% | |
| AUM | $865.2B | $61M | |
| Dividend Yield | 1.09% | 0.00% | |
| Holdings | 508 | 2 | |
| YTD Return | +13.80% | -27.58% | |
| 1Y Return | +23.70% | -35.85% | |
| 3Y Return (annualized) | +21.49% | +42.05% | |
| 5Y Return (annualized) | +13.43% | +4.57% | |
| Volatility (annualized) | 15.1% | 64.4% | |
| Max Drawdown | -56.5% | -94.5% | |
| Fund Family | iShares by BlackRock (US) | Osprey Funds | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Dec 19, 2025 |
IVV vs OBTC Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Osprey Bitcoin Trust (OBTC) is a ETF from Osprey Funds. Over the past year IVV returned +23.70% while OBTC returned -35.85%. Year to date, IVV is up 13.80% versus a loss of 27.58% for OBTC.
Over three years, IVV compounded at +21.49% per year against +42.05% for OBTC; over five years the annualized figures are +13.43% and +4.57% respectively. Across the full 6-year window we track, IVV has the edge at +7.05% annualized vs -14.73%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OBTC has been the more volatile fund, with annualized monthly volatility of 64.4% 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 -94.5% for OBTC. 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 0.43. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while OBTC charges 0.49%. On a $10,000 position that is $3 vs $49 annually, a gap of $46 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.00% for OBTC.
Frequently Asked Questions
Which is cheaper, IVV or OBTC?
IVV has an expense ratio of 0.03% while OBTC charges 0.49%. IVV is the cheaper option. On a $10,000 investment, that is $46 per year of difference.
Which performed better, IVV or OBTC?
Over the past year IVV returned +23.70% vs -35.85% for OBTC, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +7.05% vs -14.73% for OBTC. Past performance does not guarantee future results.
Which is riskier, IVV or OBTC?
OBTC has been the more volatile fund at 64.4% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs OBTC -94.5%.
Should I hold both IVV and OBTC?
IVV and OBTC have a monthly-return correlation of 0.43, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, IVV or OBTC?
IVV yields 1.09% while OBTC yields 0.00%, so IVV currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.