IVV vs PSDM
iShares Core S&P 500 ETF vs PGIM Short Duration Multi-Sector Bond ETF
Which is better, IVV or PSDM?
Large Cap Blend against Short Term High Quality.
IVV has a lower expense ratio. IVV led over 1Y, 3Y 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 | PSDM |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.40% |
| AUM | $876.4B | $229M |
| Dividend Yield | 1.06% | 5.19% |
| Holdings | 508 | 796 |
| YTD Return | +14.15%Best | -2.03% |
| 1Y Return | +17.31%Best | -1.15% |
| 3Y Return (annualized) | +23.17%Best | +4.21% |
| 5Y Return (annualized) | +13.85% | - |
| Volatility (annualized) | 12.7% | 2.2%Best |
| Max Drawdown | -18.8% | -2.7%Best |
| $10,000 over 3.1 years | $17,489Best | $11,337 |
| Fund Family | iShares by BlackRock (US) | PGIM Investments |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Short Term High Quality |
| Inception | May 15, 2000 | Jul 19, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Jul 31, 2023 to Sep 21, 2026 (3.1 years).
IVV vs PSDM 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 3.1 years both funds cover.
IVV vs PSDM Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and PGIM Short Duration Multi-Sector Bond ETF (PSDM) is an ETF from PGIM Investments. Over the past year IVV returned +17.31% while PSDM returned -1.15%. Year to date, IVV is up 14.15% versus a loss of 2.03% for PSDM.
Over three years, IVV compounded at +23.17% per year against +4.21% for PSDM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 2.2% for PSDM. 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 -18.8% for IVV and -2.7% for PSDM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.50. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while PSDM charges 0.40%. On a $10,000 position that is $3 vs $40 annually, a gap of $37 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 5.19% for PSDM.
Holdings Overlap
At least 0.3% of IVV's money is in holdings PSDM also owns.
Stated as a floor: for PSDM, our book for it covers 38.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 490 positions we hold weights for in IVV and 297 in PSDM, against full books of 508 and 796.
Top Shared Holdings
| Stock | Weight in IVV | Weight in PSDM | Difference |
|---|---|---|---|
| CCitigroup Inc 6.875 11/73 6.88 2173-11-15 | 0.34% | 0.10% | 0.24% |
You are not choosing between two funds in isolation.
Whichever of IVV and PSDM 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 PSDM?
IVV has an expense ratio of 0.03% while PSDM charges 0.40%. IVV is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, IVV or PSDM?
Over the past year IVV returned +17.31% vs -1.15% for PSDM, so IVV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PSDM?
IVV has been the more volatile fund at 12.7% annualized versus 2.2% for PSDM. Worst drawdown: IVV -18.8% vs PSDM -2.7%.
Should I hold both IVV and PSDM?
IVV and PSDM have a monthly-return correlation of 0.50, 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 PSDM?
IVV yields 1.06% while PSDM yields 5.19%, so PSDM currently pays the higher dividend yield.
Is PSDM better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.