IVV vs PIT
IVV vs PIT
iShares Core S&P 500 ETF vs VanEck Commodity Strategy ETF
Quick Verdict
IVV has a lower expense ratio. PIT delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | PIT | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.55% | |
| AUM | $865.2B | $295M | |
| Dividend Yield | 1.09% | 7.15% | |
| Holdings | 508 | 30 | |
| YTD Return | +13.80% | +38.15% | |
| 1Y Return | +23.70% | +41.67% | |
| 3Y Return (annualized) | +21.49% | +16.05% | |
| 5Y Return (annualized) | +13.43% | - | |
| Volatility (annualized) | 15.1% | 17.9% | |
| Max Drawdown | -56.5% | -17.2% | |
| Fund Family | iShares by BlackRock (US) | VanEck | |
| Category | Equity | Alternative | |
| Inception | May 15, 2000 | Dec 20, 2022 |
IVV vs PIT Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and VanEck Commodity Strategy ETF (PIT) is a ETF from VanEck. Over the past year IVV returned +23.70% while PIT returned +41.67%. Year to date, IVV is up 13.80% versus a gain of 38.15% for PIT.
Over three years, IVV compounded at +21.49% per year against +16.05% for PIT. Across the full 4-year window we track, PIT has the edge at +14.12% annualized vs +7.05%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PIT has been the more volatile fund, with annualized monthly volatility of 17.9% 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 -17.2% for PIT. 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 -0.06. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while PIT charges 0.55%. On a $10,000 position that is $3 vs $55 annually, a gap of $52 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 7.15% for PIT.
Frequently Asked Questions
Which is cheaper, IVV or PIT?
IVV has an expense ratio of 0.03% while PIT charges 0.55%. IVV is the cheaper option. On a $10,000 investment, that is $52 per year of difference.
Which performed better, IVV or PIT?
Over the past year IVV returned +23.70% vs +41.67% for PIT, so PIT leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +7.05% vs +14.12% for PIT. Past performance does not guarantee future results.
Which is riskier, IVV or PIT?
PIT has been the more volatile fund at 17.9% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs PIT -17.2%.
Should I hold both IVV and PIT?
IVV and PIT have a monthly-return correlation of -0.06, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, IVV or PIT?
IVV yields 1.09% while PIT yields 7.15%, so PIT currently pays the higher dividend yield.
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