IVV vs PDT
iShares Core S&P 500 ETF vs John Hancock Premium Dividend Fund
Which is better, IVV or PDT?
Large Cap Blend against Equity-oriented Balanced.
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 | PDT |
|---|---|---|
| Expense Ratio | 0.03%Best | 2.41% |
| AUM | $876.4B | $690M |
| Dividend Yield | 1.06% | 7.12% |
| Holdings | 508 | 144 |
| YTD Return | +12.51%Best | +0.26% |
| 1Y Return | +17.57%Best | -2.61% |
| 3Y Return (annualized) | +21.27%Best | +15.77% |
| 5Y Return (annualized) | +12.95%Best | +1.17% |
| Volatility (annualized) | 15.1%Best | 17.5% |
| Max Drawdown | -56.5%Best | -62.6% |
| $10,000 over 5 years | $18,384Best | $10,599 |
| Fund Family | iShares by BlackRock (US) | John Hancock Investment Management |
| Category | Equity | Allocation/Balanced |
| Style | Large Cap Blend | Equity-oriented Balanced |
| Inception | May 15, 2000 | Dec 21, 1989 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 19, 2000 to Sep 11, 2026 (26.3 years).
IVV vs PDT 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 26.3 years both funds cover.
IVV vs PDT Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and John Hancock Premium Dividend Fund (PDT) is an ETF from John Hancock Investment Management. Over the past year IVV returned +17.57% while PDT returned -2.61%. Year to date, IVV is up 12.51% versus a gain of 0.26% for PDT.
Over three years, IVV compounded at +21.27% per year against +15.77% for PDT; over five years the annualized figures are +12.95% and +1.17% respectively. Across the full 26-year window we track, IVV has the edge at +6.97% annualized vs +2.80%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PDT has been the more volatile fund, with annualized monthly volatility of 17.5% 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 -62.6% for PDT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.53. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while PDT charges 2.41%. On a $10,000 position that is $3 vs $241 annually, a gap of $238 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 7.12% for PDT.
Holdings Overlap
At least 4.6% of IVV's money is in holdings PDT also owns.
Only one direction is shown: for PDT, our book for it lists positions totalling 119.6% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
IVV and PDT share little of their money.
The two holdings books were reported 186 days apart, IVV as of Aug 5, 2026 and PDT as of Jan 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
38 positions in common, counted across the 505 positions we hold weights for in IVV and 99 in PDT, against full books of 508 and 144.
Top Shared Holdings
| Stock | Weight in IVV | Weight in PDT | Difference |
|---|---|---|---|
| VZVerizon Communications, Inc. | 0.29% | 3.96% | 3.67% |
| DUKDuke Energy Corp. | 0.14% | 2.87% | 2.73% |
| TAt&t, Inc. | 0.24% | 2.69% | 2.45% |
| WFCWells Fargo & Co. | 0.41% | 2.44% | 2.03% |
| KMIKinder Morgan Inc./de | 0.09% | 2.65% | 2.56% |
| FEFirstenergy Corp. | 0.04% | 2.58% | 2.54% |
| AEPAmerican Electric Power Co. Inc. | 0.10% | 2.37% | 2.27% |
| ETREntergy Corp. | 0.07% | 2.37% | 2.30% |
| PPLPpl Corp. | 0.04% | 2.38% | 2.34% |
| PEGPublic Service Enterprise Group Inc. | 0.06% | 2.33% | 2.27% |
You are not choosing between two funds in isolation.
Whichever of IVV and PDT 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 PDT?
IVV has an expense ratio of 0.03% while PDT charges 2.41%. IVV is the cheaper option, by $238 a year on a $10,000 investment.
Which performed better, IVV or PDT?
Over the past year IVV returned +17.57% vs -2.61% for PDT, so IVV leads on 1-year performance. Over the longest common window we track (26 years), IVV annualized +6.97% vs +2.80% for PDT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PDT?
PDT has been the more volatile fund at 17.5% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs PDT -62.6%.
Should I hold both IVV and PDT?
IVV and PDT have a monthly-return correlation of 0.53, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and PDT?
At least 4.6% of IVV's money is in holdings PDT also owns. Our book for PDT is partial, so the real figure is this or higher. They hold 38 positions in common, counted across the 505 positions we hold weights for in IVV and 99 in PDT.
Which pays a higher dividend, IVV or PDT?
IVV yields 1.06% while PDT yields 7.12%, so PDT currently pays the higher dividend yield.
Is PDT 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.