IVV vs PBTP
iShares Core S&P 500 ETF vs Invesco 0-5 Yr US TIPS ETF
Which is better, IVV or PBTP?
Large Cap Blend against Inflation Protection.
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 | PBTP |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.07% |
| AUM | $876.4B | $235M |
| Dividend Yield | 1.06% | 4.80% |
| Holdings | 508 | 26 |
| YTD Return | +11.57%Best | -0.87% |
| 1Y Return | +17.57%Best | -1.87% |
| 3Y Return (annualized) | +20.71%Best | +3.59% |
| 5Y Return (annualized) | +12.80%Best | +2.15% |
| Volatility (annualized) | 16.2% | 2.6%Best |
| Max Drawdown | -33.9% | -5.4%Best |
| $10,000 over 5 years | $18,262Best | $11,122 |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Inflation Protection |
| Inception | May 15, 2000 | Sep 19, 2017 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 22, 2017 to Sep 10, 2026 (9 years).
IVV vs PBTP 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 PBTP Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco 0-5 Yr US TIPS ETF (PBTP) is an ETF from Invesco (US). Over the past year IVV returned +17.57% while PBTP returned -1.87%. Year to date, IVV is up 11.57% versus a loss of 0.87% for PBTP.
Over three years, IVV compounded at +20.71% per year against +3.59% for PBTP; over five years the annualized figures are +12.80% and +2.15% respectively. Across the full 9-year window we track, IVV has the edge at +14.08% annualized vs +2.84%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.2% compared with 2.6% for PBTP. 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 -5.4% for PBTP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while PBTP charges 0.07%. On a $10,000 position that is $3 vs $7 annually, a gap of $4 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 4.80% for PBTP.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 24 in PBTP, totalling 100.0% and 90.3% 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 505 positions we hold weights for in IVV and 24 in PBTP, against full books of 508 and 26.
You are not choosing between two funds in isolation.
Whichever of IVV and PBTP 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 PBTP?
IVV has an expense ratio of 0.03% while PBTP charges 0.07%. IVV is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, IVV or PBTP?
Over the past year IVV returned +17.57% vs -1.87% for PBTP, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +14.08% vs +2.84% for PBTP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PBTP?
IVV has been the more volatile fund at 16.2% annualized versus 2.6% for PBTP. Worst drawdown: IVV -33.9% vs PBTP -5.4%.
Should I hold both IVV and PBTP?
IVV and PBTP have a monthly-return correlation of 0.52, 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 PBTP?
IVV yields 1.06% while PBTP yields 4.80%, so PBTP currently pays the higher dividend yield.
Is PBTP 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.