IVV vs OPPE
iShares Core S&P 500 ETF vs WisdomTree European Opportunities Fund
Which is better, IVV or OPPE?
Large Cap Blend against Small Cap Value.
IVV has a lower expense ratio. IVV led over the full window, OPPE over 1Y, 3Y and 5Y. OPPE is less concentrated, with 22.4% of the fund in its ten largest positions against 37.8%.
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 | OPPE |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.58% |
| AUM | $876.4B | $296M |
| Dividend Yield | 1.06% | 2.58% |
| Holdings | 508 | 105 |
| YTD Return | +12.39% | +16.23%Best |
| 1Y Return | +16.61% | +25.23%Best |
| 3Y Return (annualized) | +21.38% | +24.30%Best |
| 5Y Return (annualized) | +13.51% | +14.72%Best |
| Volatility (annualized) | 15.1%Best | 16.2% |
| Max Drawdown | -33.9%Best | -39.3% |
| $10,000 over 5 years | $18,844 | $19,870Best |
| Top 10 Weight | 37.8% | 22.4%Best |
| Fund Family | iShares by BlackRock (US) | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Small Cap Value |
| Inception | May 15, 2000 | Mar 4, 2015 |
Volatility and max drawdown are measured over the window both funds cover: Mar 4, 2015 to Sep 18, 2026 (11.5 years).
IVV vs OPPE 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 11.5 years both funds cover.
IVV vs OPPE Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and WisdomTree European Opportunities Fund (OPPE) is an ETF from WisdomTree Investments. Over the past year IVV returned +16.61% while OPPE returned +25.23%. Year to date, IVV is up 12.39% versus a gain of 16.23% for OPPE.
Over three years, IVV compounded at +21.38% per year against +24.30% for OPPE; over five years the annualized figures are +13.51% and +14.72% respectively. Across the full 12-year window we track, IVV has the edge at +12.54% annualized vs +9.61%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OPPE has been the more volatile fund, with annualized monthly volatility of 16.2% 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 -33.9% for IVV and -39.3% for OPPE. 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 OPPE charges 0.58%. On a $10,000 position that is $3 vs $58 annually, a gap of $55 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 2.58% for OPPE.
Holdings Overlap
0.1% of IVV's money is in holdings OPPE also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 490 positions we hold weights for in IVV and 91 in OPPE, against full books of 508 and 105.
What only one of them owns
Our book lists 7 positions for OPPE that do not appear in our book for IVV (6.8% of the fund), and 481 for IVV that do not appear in OPPE (98.6%).
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.
Top Shared Holdings
| Stock | Weight in IVV | Weight in OPPE | Difference |
|---|---|---|---|
| KRKroger Co. | 0.05% | 0.01% | 0.04% |
You are not choosing between two funds in isolation.
Whichever of IVV and OPPE 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 OPPE?
IVV has an expense ratio of 0.03% while OPPE charges 0.58%. IVV is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, IVV or OPPE?
Over the past year IVV returned +16.61% vs +25.23% for OPPE, so OPPE leads on 1-year performance. Over the longest common window we track (12 years), IVV annualized +12.54% vs +9.61% for OPPE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or OPPE?
OPPE has been the more volatile fund at 16.2% annualized versus 15.1% for IVV. Worst drawdown: IVV -33.9% vs OPPE -39.3%.
Should I hold both IVV and OPPE?
IVV and OPPE 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 OPPE?
IVV yields 1.06% while OPPE yields 2.58%, so OPPE currently pays the higher dividend yield.
Is OPPE better than IVV?
IVV has a lower expense ratio. IVV led over the full window, OPPE over 1Y, 3Y and 5Y. OPPE is less concentrated, with 22.4% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.