IVV vs PBMY
iShares Core S&P 500 ETF vs PGIM S&P 500 Buffer 20 ETF - May
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | PBMY | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.50% | |
| AUM | $907.0B | $37M | |
| Dividend Yield | 1.10% | 0.07% | |
| Holdings | 508 | 7 | |
| YTD Return | +14.29% | +5.59% | |
| 1Y Return | +21.79% | +8.85% | |
| 3Y Return (annualized) | +22.19% | - | |
| 5Y Return (annualized) | +13.28% | - | |
| Volatility (annualized) | 15.1% | 2.8% | |
| Max Drawdown | -56.5% | -8.1% | |
| Fund Family | iShares by BlackRock (US) | PGIM Investments | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | May 1, 2024 |
IVV vs PBMY Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and PGIM S&P 500 Buffer 20 ETF - May (PBMY) is a ETF from PGIM Investments. Over the past year IVV returned +21.79% while PBMY returned +8.85%. Year to date, IVV is up 14.29% versus a gain of 5.59% for PBMY.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 2.8% for PBMY. 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 -8.1% for PBMY. 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while PBMY charges 0.50%. On a $10,000 position that is $3 vs $50 annually, a gap of $47 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.07% for PBMY.
Frequently Asked Questions
Which is cheaper, IVV or PBMY?
IVV has an expense ratio of 0.03% while PBMY charges 0.50%. IVV is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, IVV or PBMY?
Over the past year IVV returned +21.79% vs +8.85% for PBMY, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +7.06% vs +11.04% for PBMY. Past performance does not guarantee future results.
Which is riskier, IVV or PBMY?
IVV has been the more volatile fund at 15.1% annualized versus 2.8% for PBMY. Worst drawdown: IVV -56.5% vs PBMY -8.1%.
Should I hold both IVV and PBMY?
IVV and PBMY have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, IVV or PBMY?
IVV yields 1.10% while PBMY yields 0.07%, 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.