IVV vs PID
iShares Core S&P 500 ETF vs Invesco International Dividend Achievers ETF
Which is better, IVV or PID?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. PID is less concentrated, with 31.1% of the fund in its ten largest positions against 37.9%.
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 | PID |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.53% |
| AUM | $886.7B | $907M |
| Dividend Yield | 1.10% | 3.42% |
| Holdings | 508 | 66 |
| YTD Return | +13.39%Best | +6.15% |
| 1Y Return | +20.08%Best | +12.46% |
| 3Y Return (annualized) | +21.29%Best | +13.40% |
| 5Y Return (annualized) | +12.88%Best | +8.70% |
| Volatility (annualized) | 15.0%Best | 17.7% |
| Max Drawdown | -56.5%Best | -68.0% |
| $10,000 over 5 years | $18,327Best | $15,176 |
| Top 10 Weight | 37.9% | 31.1%Best |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Sep 15, 2005 |
Volatility and max drawdown are measured over the window both funds cover: Sep 15, 2005 to Sep 4, 2026 (21 years).
IVV vs PID 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 21 years both funds cover.
IVV vs PID Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Invesco International Dividend Achievers ETF (PID) is an ETF from Invesco (US). Over the past year IVV returned +20.08% while PID returned +12.46%. Year to date, IVV is up 13.39% versus a gain of 6.15% for PID.
Over three years, IVV compounded at +21.29% per year against +13.40% for PID; over five years the annualized figures are +12.88% and +8.70% respectively. Across the full 21-year window we track, IVV has the edge at +9.56% annualized vs +3.02%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PID has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 15.0% 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 -68.0% for PID. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while PID charges 0.53%. On a $10,000 position that is $3 vs $53 annually, a gap of $50 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 3.42% for PID.
Holdings Overlap
0.1% of IVV's money is in holdings PID also owns. 1.4% of PID's money is in holdings IVV also owns.
PID and IVV share little of their money.
2 positions in common, counted across the 505 positions we hold weights for in IVV and 63 in PID, against full books of 508 and 66.
What only one of them owns
Our book lists 10 positions for PID that do not appear in our book for IVV (17.3% of the fund), and 495 for IVV that do not appear in PID (99.2%).
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.
You are not choosing between two funds in isolation.
Whichever of IVV and PID 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 PID?
IVV has an expense ratio of 0.03% while PID charges 0.53%. IVV is the cheaper option, by $50 a year on a $10,000 investment.
Which performed better, IVV or PID?
Over the past year IVV returned +20.08% vs +12.46% for PID, so IVV leads on 1-year performance. Over the longest common window we track (21 years), IVV annualized +9.56% vs +3.02% for PID. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PID?
PID has been the more volatile fund at 17.7% annualized versus 15.0% for IVV. Worst drawdown: IVV -56.5% vs PID -68.0%.
Should I hold both IVV and PID?
IVV and PID have a monthly-return correlation of 0.85, 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 PID?
1.4% of PID's money is in holdings IVV also owns. 1.4% of PID's is in holdings IVV also owns. They hold 2 positions in common, counted across the 505 positions we hold weights for in IVV and 63 in PID.
Which pays a higher dividend, IVV or PID?
IVV yields 1.10% while PID yields 3.42%, so PID currently pays the higher dividend yield.
Is PID better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. PID is less concentrated, with 31.1% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.